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Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Cash transfer to farmers, middle-class tax relief to boost growth:...

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

5 Feb 2019 5:47 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

5 Feb 2019 12:14 PM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

Service sector activity slips for 2nd straight month; employment rises

The seasonally adjusted Nikkei India Services Business Activity Index fell from 53.2 in Dec to 52.2 in January.

5 Feb 2019 11:13 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

5 Feb 2019 10:53 AM IST

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Better enforcement of FDI policy on e-comm to push growth of sector:...

e-commerce sector is to keep on growing in the future:Minister of State for Commerce and Industry C R Chaudhary.

4 Feb 2019 3:32 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

India imposed anti-dumping duty on 99 Chinese products: Commerce...

During April-December 20181-19, imports from China stood at USD 53.87 billion as against USD 76.38 billion in 2017-18.

4 Feb 2019 2:21 PM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

FDI during Apr-Sep 2018-19 fell 11 pc to USD22.66 bn

FDI had increased at a five-year low growth of 3 per cent at USD 44.85 billion in 2017-18.

4 Feb 2019 2:00 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Can't disclose black money reports as Par Panel examining them:...

Nearly USD 165 bn in illicit money exited the country during the same period, the latest report by the global financial...

4 Feb 2019 1:40 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI policy, quarterly results key drivers for market this week

RBI's policy meet outcome, ongoing quarterly results season and global cues will set the tone for the stock market this...

4 Feb 2019 10:46 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Budget proposals positive for tractor, two-wheeler segments: Experts

The impact of the interim Budget 2019-20 is positive for both tractor and two-wheeler segments: ICRA VP Anupama Arora.

3 Feb 2019 6:42 PM IST

The railways miniister Piyush Goyal said that frequency of the Express train would be increased in the upcoming days.

Investment in 17 entities under shipping ministry hiked to Rs 5,778 cr...

The government had proposed an investment of Rs 5,079.80 crore in the Budget for 2018-19.

3 Feb 2019 6:35 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Difficult for govt to maintain 3.4 pc fiscal deficit in FY'20: Moody's

The govt has pegged the fiscal deficit for the next financial year at 3.4 per cent of GDP, as against the original...

3 Feb 2019 6:04 PM IST