Home » Business » Economy

Economy - Page 254

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex up 71 points as September F&O opens strong

The NSE Nifty advanced by 20.10 points or 0.20 per cent to 9,938.10.

1 Sept 2017 10:27 AM IST

Unusual cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

Govt scrambles to defend demonetisation as RBI data raises doubts

RBI data said 99 percent of the 15.44 trillion rupees ($242 billion) of banned notes had come back to the banking...

1 Sept 2017 10:16 AM 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 at July-end touches 92.4 per cent of budget

During the same period of last financial year, 2016-17, it was 73.7 per cent of the target.

1 Sept 2017 10:00 AM IST

RBI said farmers can avail of short-term crop loans of up to Rs 3 lakh at subsidised interest rate of 7 per cent. Photo: PTI

Farm loan waivers to have lasting impact on economy: RBI Governor

Urjit Patel called for lasting solutions like building irrigation capabilities and cold storage chains,etc.

1 Sept 2017 9:50 AM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India's GDP slows down to 5.7 per cent on note ban, GST rollout

Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was...

1 Sept 2017 9:28 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.

NPAs' pain to haunt banks for some time

The overall gross NPAs for forty-one listed banks increased to Rs 8.28 lakh crore as on June 30, 2017 from Rs 7.65 lakh...

1 Sept 2017 5:46 AM IST

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley briefs a press conference after a Cabinet meeting in New Delhi. (Photo: AP)

GDP growth slows to a three-year low of 5.7 per cent

This shows the challenge before the Narendra Modi government to restart the growth momentum in the country.

1 Sept 2017 1:53 AM IST