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Economy Page-14

Inflation leaves consumers teary-eyed as pricey onions, food items bite

For most part of 2019, the government was successful in price control but the party seemed to have lost the sheen lately.

27 Dec 2019 1:14 PM

Niti Aayog member bats for 2 GST slabs, says rates should not be revised frequently

Central government is providing a subsidy of Rs 1.2 lakh cr and the states put together spend about Rs 1 lakh crore.

25 Dec 2019 3:07 PM

Consumer durables report steady growth in 2019; slowdown a threat in 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent.

23 Dec 2019 9:34 AM

Fitch cuts India GDP growth forecast to 4.6 pc in FY20

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth outlook.

20 Dec 2019 5:04 PM

DPIIT optimistic of India breaking into top 50 in 'ease of doing biz' ranking soon

India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.

19 Dec 2019 5:33 PM

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Room for strong growth for microfinance in India: KPMG

Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.

19 Dec 2019 11:49 AM

GST Council fixes 28 per cent uniform tax rate for lottery

The panel also relaxed levy of penalty for non-filing of GSTR-1 from July 2017.

19 Dec 2019 9:17 AM

Govt sets Rs 1.1 lakh cr monthly GST collection target; asks taxmen to buckle up

Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

17 Dec 2019 5:43 PM

Impact of GST will take time to show results: Bibek Debroy

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

17 Dec 2019 12:07 PM

Sensex jumps over 200 pts; Nifty tests 12,100

The 30-share index rose 203.40 points or 0.50 per cent to 41,142.12 in morning session.

17 Dec 2019 10:20 AM

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RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das

“In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

16 Dec 2019 11:52 AM

Forex reserves soar to touch all-time high of USD 453 billion

The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644 billion, the data showed.

14 Dec 2019 11:06 AM

Moody's cuts India's GDP growth forecast to 5.6 pc for 2019

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

13 Dec 2019 1:51 PM

Centre releases PM-KISAN funds to 43.20 lakh Andhra farmers till Nov

As per the agriculture ministry data, the central government has released funds to 43.20 lakh farmers.

12 Dec 2019 1:21 PM

Passenger vehicle retail sales up 1 per cent in November: FADA

Total sales across categories rose 2 per cent to 21,05,508 units in November as against 20,54,296 units in the same month last year.

11 Dec 2019 4:51 PM

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ADB trims India's GDP growth forecast to 5.1 per cent in FY20

Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.

11 Dec 2019 11:55 AM

Passenger vehicle sales decline marginally in November

Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.

10 Dec 2019 11:39 AM

Currency in circulation rises to Rs 21 lakh crore as on March 2019: Thakur

MoS Finance Anurag Thakur was responding to a query whether currency notes in circulation increased post-demonetisation.

10 Dec 2019 9:25 AM

India's real GDP growth in FY20 to come below 5 per cent: Report

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

08 Dec 2019 12:52 PM

Govt working on more measures to boost economy: Sitharaman

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

07 Dec 2019 1:20 PM

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