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Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Basic income support to cost at least Rs 1.5 trillion to the nation

The support would cost the Centre Rs 14.68 trillion or (0.70 per cent of GDP)

29 Jan 2019 4:11 PM IST

Standard & Poors is an American financial services company. (Photo: File)

S&P foresees 'credit risks' for PSUs supporting govt exchequer via...

The share buybacks announced so far, including the Rs 4,000-crore offering at Oil and Natural Gas Corp.

29 Jan 2019 2:48 PM IST

Goyal asks PSBs to step up lending to MSMEs, farmers

Govt-RBI-bankers meet discusses ways to boost loan recoveries, credit disbursal.

29 Jan 2019 10:53 AM IST

Shaktikanta Das

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7.

28 Jan 2019 1:24 PM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Brokerages hopeful of govt meeting FY19 disinvestment target

Govt has garnered Rs 35,134.76 crore or 43.92 per cent of the divestment target of Rs 80,000 crore for FY 18-19.

24 Jan 2019 11:24 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI making u-turn, seen shifting to neutral in Feb, cutting rates by...

The RBI's mandate is to control price pressures, which historically have been difficult to tame in India.

24 Jan 2019 10:49 AM IST

Urbanisation to be big driver of Indian economic growth: Kant

Kant said IMF has forecast 7.5 per cent growth for India despite a gloomy outlook for the global economy.

23 Jan 2019 1:01 PM IST

India lost the tag of the fastest growing major economy to China in the March quarter with a GDP growth of 6.1 per cent. (Photo: Representational)

India's industrial activity likely to remain subdued in near term:...

Industrial output growth dropped to a 17-month low of 0.5 per cent in November.

23 Jan 2019 12:49 PM IST

Reserve Bank of India (RBI) deputy governor R Gandhi.

Banks confused on biometric use post Aadhaar verdict: Ex-RBI deputy...

Gandhi urged researchers to pay special focus on burning issues such as data security.

22 Jan 2019 5:57 PM IST

The future of China is not rosy, but perhaps the most surprising aspect is that Muslim nations around the world are keeping mum about the fate of the Uyghurs; nobody has so far dared to question China about its Muslim policy.

China's economy slumps to 28 year low to 6.6 per cent in 2018

China's rate of expansion has raised worries about the potential knock-on effect on the global economy.

21 Jan 2019 10:44 AM IST

The FPIs pumped in nearly Rs 4,800 crore into the Indian markets in the last five trading sessions.

FPI outflow crosses Rs 4,000 crore in Jan so far

India offers better investment opportunities due to consistent growth, supportive global factors and attract valuations.

21 Jan 2019 10:15 AM IST