Friday, Apr 19, 2019 | Last Update : 11:43 PM IST

Economy Page-13

UBS sees RBI getting into an aggressive easing mode in FY20

CPI inflation is likely to remain below 4 per cent until October and averages at 3.8 percent in FY20.

27 Feb 2019 5:25 PM

India's economy seen losing momentum ahead of election

Economic growth could suffer from a possible slowdown in state spending in the two months before the election.

27 Feb 2019 4:52 PM

Panel to overhaul direct tax law seeks 3 months extension

The panel was initially supposed to submit its report to the government, within 6 months, by May 22, 2018.

27 Feb 2019 3:52 PM

Sugar mills contract to export 20 lakh tonnes so far in 2018-19

Of the total contracts, about 8-10 lakhs have already been shipped overseas, ISMA Director General Abinash Verma said.

27 Feb 2019 3:48 PM

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per cent, respectively.

27 Feb 2019 2:34 PM


India may impose anti-dumping duty on a certain type of sheet used in solar cell

The commerce ministry's dumping investigation arm DGTR has recommended the duty in the range of USD 537 to USD 1,559 per tonne.

27 Feb 2019 2:17 PM

Approval granted for purchase of defence equipment worth Rs 2,700 cr

The meeting of the council, the highest decision-making body for defence purchase, was chaired by Defence Minister Nirmala Sitharaman.

27 Feb 2019 1:52 PM

Fund infusion into PSBs not sufficient to support lending growth: Fitch

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 1:03 PM

Indian consumption to hit Rs 335 lakh crore by 2028: Study

Going ahead, a GDP growth of 7.3 per cent between 2018 and 2023 and 6.2 per cent between 2023 and 2028 will fuel consumption growth.

27 Feb 2019 1:39 AM

Consumer market to treble by 2028 to Rs 335 trillion: report

The consumer market was around Rs 110 lakh crore in 2018, clipping past 13 percent annually.

26 Feb 2019 3:23 PM


Indian e-commerce market to touch USD 84 billion in 2021: report

The retail market in India is expected to grow to USD 1.2 trillion by 2021 from USD 795 billion in 2017.

26 Feb 2019 3:11 PM

Delhi govt allocates Rs 100 cr for providing MSP to farmers

Delhi is the first state in the country to implement the Swaminathan Commission report on farming sector: Sisodia.

26 Feb 2019 2:00 PM

Tax cuts should boost Indian real estate demand, but many issues linger

On Sunday, a government body said the sales-tax on under-construction residential houses in April will drop to 5 per cent from 12 per cent.

26 Feb 2019 12:55 PM

India's growth momentum likely slowed in late 2018: report

Forecasts for the GDP number, due for release on Feb 28 at 1200 GMT, ranged between 6.3 per cent and 7.9 per cent.

26 Feb 2019 10:34 AM

RBI proposes new compensation norms for top officials of private, foreign banks

In January 2012, the Reserve Bank had issued the compensation guidelines for implementation by pvt sectr, foreign banks from the FY 2012-13.

26 Feb 2019 10:30 AM


Microfinance industry posts 43 per centh growth in Q3 FY'19

Microfinance Institutions Network (MFIN) is an RBI recognised self-regulatory organisation and industry association.

25 Feb 2019 5:32 PM

MFIs loan book clips past 43 per cent to Rs 1.66 tln in Q3

Total numbers of microfinance accounts were at 8.91 crore as of December 2018.

25 Feb 2019 4:57 PM

Singapore becomes India's top FDI source, Mauritius slips behind

Singapore crossed 41 per cent during April and December 2018 to nearly USD 13 billion.

25 Feb 2019 4:48 PM

IT e-returns witnesses rapid growth than the taxpayer base

The growth track in direct tax collected approximately echoes the growth in influential taxpayer base, rather than the returns filed.

25 Feb 2019 1:07 PM

Finmin expects 3-4 more banks to come out of RBI's PCA framework this year

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 3:16 PM