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The Central government is not the lone torch-bearer of the nations economic growth. The achievements and failures, the contradictions and anomalies are spread out in both the Central and state budgets.

Govt to borrow Rs 4.42 lakh cr in H1 FY2019-20: Economic affairs secy

Economic Affairs Secy Subhash Chandra Garg said government will stick to fiscal deficit target of 3.4 pc of GDP for...

29 March 2019 7:23 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 March 2019 7:10 PM IST

During the hearing of the petitions, the TRAI had submitted that the rate cut would ultimately benefit the internet users.

Trai begins consultation to review terms, conditions for OSP...

Trai has sought written comments on the consultation paper by April 29, and counter comments by May 13.

29 March 2019 6:07 PM IST

Savings serve as a form of self-insurance and enhance the sense of well-being.

Small savings schemes: Govt keeps interest rates unchanged for...

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.7 per cent.

29 March 2019 4:16 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

India raises gas price for April-September by about 10 pct to USD...

The government will formally announce the revised prices later on Friday, the source said.

29 March 2019 2:43 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India Inc's foreign borrowings fall 9 per cent to USD 2.81 bn in Feb

The entire fund mop-up during the month was done through the automatic route of ECB, showed the RBI data.

29 March 2019 2:37 PM IST

NITI Aayog Vice-Chairman Arvind Panagariya

'Nyay scheme poses fiscal challenge to India's economy': Arvind...

Economist Arvind Panagariya said that 'Nyay' is difficult to implement and unlikely to achieve its intended objective.

28 March 2019 7:08 PM IST

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

RBI likely to cut repo rate by 25 bps in April policy: Report

Goldman Sachs had earlier expected no change in the policy rate in the April meeting.

28 March 2019 6:30 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee plunges 42 paise to 69.30/USD on stronger dollar

Most Asian currencies struggled amid expectations of dovish monetary policy by central banks following a deteriorating...

28 March 2019 6:10 PM IST

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Commerce ministry for imposition of countervailing duty on Chinese...

The move will be aimed at guarding domestic players from imports that are subsidised by China.

28 March 2019 3:28 PM IST

In January till date, overseas investors have made a net investment of Rs 11,759.24 crore in equities pushing the benchmark equity indices to their all-time high.

PE, VC investment in India at USD 20.5 billion in 2018: Report

Investments account of start-ups, e-commerce and information technology-enabled services, according to a report by Grant...

28 March 2019 1:59 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI allows non-residents to participate in rupee interest rate...

Indian market has witnessed increasing participation from non-resident players like FPIs in debt.

28 March 2019 9:57 AM IST