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Indias forex reserves have shot up considerably.

Forex reserves drop by USD 262.3 mn to USD 402.246 billion

The country's reserve position with the IMF declined by USD 1.8 million to USD 2.291 billion.

29 Sept 2017 8:09 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.

Fiscal deficit touches 96.1 pc of budget estimate at Aug-end

Government aims to bring down the fiscal deficit to 3.2 per cent of the GDP.

29 Sept 2017 7:04 PM IST

RBI governor Urjit Patel

RBI chief calls on Jaitley before policy review

The resolution of the MPC will be placed on the website at 2.30 pm on October 4, 2017.

29 Sept 2017 5:57 PM IST

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

Fiscal deficit at 96 per cent of full-year target in Aug

The deficit was 76.4 per cent of full-year target during same period a year ago.

29 Sept 2017 5:45 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs can buy corp debt limit worth Rs 9,500-cr in infra sector

Till September 22, foreign investments in rupee denominated bonds were Rs 32,381 crore

29 Sept 2017 5:21 PM IST

5 points Yashwant Sinha made in his piece on economy

Sinha was Finance Minister in 1991 when India had faced balance of payments crisis.

29 Sept 2017 4:33 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Rising inflation may dampen rate cut hopes: Morgan Stanley

Central bank is expected to keep key policy rates unchanged while maintaining its neutral policy stance.

29 Sept 2017 2:13 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India may become third-largest economy in next 10 yrs: HSBC

GST alone could add 40 bps to GDP growth emanating from its productivity and efficiency gains.

29 Sept 2017 12:27 PM IST

Look at your own record as Fin Min: Jaitley on Sinha

Jaitley goes on to allege Sinha was working in a close tie-up with Congress leader Chidambaram.

29 Sept 2017 11:39 AM IST

The tax for the real estate has gone up from 12 per cent to 18 per cent.

Indian economy stares at depression amid raging Sinha-Jaitley debate

Economic expansion has slowed to its lowest level in three years with GDP coming in at 5.7 per cent in June.

29 Sept 2017 11:33 AM IST

Responding to a question, Jaitley said a proposal to extend the decision to public sector undertakings was under active consideration of the government. (Photo: PTI)

Cap on political funding: Govt finalising electoral bonds scheme

Proposed bonds will resemble a promissory note and not an interest-paying debt instrument.

29 Sept 2017 11:13 AM IST

Indias Prime Minister Narendra Modi talks to journalists after a Memorandum of Understanding ceremony at the President House in Naypyitaw, Myanmar on Wednesday, Sept 6, 2017. (Photo: AP)

Modi seeks public-private partnership model to boost economy

Under the PPP model, private investment in a project has to be more than 51 per cent, while the rest has to come from...

29 Sept 2017 2:31 AM IST