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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.

Is there a case for fiscal stimulus? Niti's Rajiv Kumar, EAC's Surjit...

Finance Minister Arun Jaitley recently struck down reports of a possible fiscal stimulus of over Rs 40,000 crore.

17 Oct 2017 1:25 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI to moderate further; to average 2.8 pc in 2018: Nomura

Wholesale price index had soared to a four-month high of 3.24 per cent in August 2017.

17 Oct 2017 12:35 PM IST

Subhash Chandra Garg has replaced Shaktikanta Das as economic affairs secretary. (Photo: PTI)

Infra sector investment, bankruptcy reforms priorities for govt: Garg

Economic Affairs Secretary says reform in this sector would bring in an state-of-the-art kind of system.

17 Oct 2017 11:07 AM IST

Harsimrat Kaur Badal (Photo: PTI)

'India gets $10 billion investment commitment in food processing'

The World Food India event will see participation of 30 countries and over 50 global CEOs.

17 Oct 2017 10:29 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

Govt debt limit auction attracts strong demand from FPIs

Debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased.

17 Oct 2017 9:50 AM IST

Wholesale inflation in the country fell to 2.60 per cent in September as food prices softened. (File Photo)

Softening food prices help inflation cool to 2.6 per cent in September

Data released earlier showed retail inflation at 3.28 per cent in September, unchanged from August, even as vegetable...

17 Oct 2017 12:44 AM IST

Number of items in 28 per cent GST slab will be brought down: Adhia

Revenue Secretary Hasmukh Adhia also said that in the last 30-40 days glitches faced by GST Network software has...

16 Oct 2017 8:51 PM IST

Diwali is known as the festival of lights but the four days of celebrations have become just as popular as the time for giving.

Online shopping, e-gifts to rule Diwali this year

The study found 84 per cent saying that they think smartphones helped improve the celebrations.

16 Oct 2017 7:03 PM IST

Indian Finance Minister Arun Jaitley speaks at a event organized by US-India Strategic Partnership Forum and FICCI in Boston (Photo: PTI)

Jaitley's visit strengthened India-US economic ties: Garg

The Finance Minister was in the United States to attend meetings of the World Bank and the IMF.

16 Oct 2017 5:51 PM IST

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI using 66 counting machines to tally Rs 500, Rs 1,000 demonetised...

In Reserve Bank offices, 59 CVPS machines are used and each machine is operated by a set of five persons under a...

16 Oct 2017 5:19 PM IST

Dr Rajiv Kumar was declared as the new Vice Chairman of Niti Aayog.

I do see case for fiscal stimulus, says Niti Aayog VC Rajiv Kumar

Faced with slowing economic growth, the industry has been clamouring for a stimulus package from the government.

16 Oct 2017 5:01 PM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India undergoing 'exciting digital transformation': IMF official

Vitor Gaspar, Director of the IMF's Fiscal Affairs Department, said India is a case study in its new book on digital...

16 Oct 2017 4:04 PM IST