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Any future rate cut can happen only after CPI comes down to around 5 per cent and transmission of past rate cuts is more complete.

Indian inflation likely hit a near six-year high in January: report

40 economists showed India’s annual consumer price inflation is expected to have risen to 7.40 per cent in January.

10 Feb 2020 11:21 AM

The government, however, said it would fine-tune its existing policies to increase outward shipments while also examine the loopholes of revenue leakage in the system.

GSTIN made mandatory in export, import papers

Data analytics by the revenue authorities have detected rampant tax evasion through black market and under-valuing of imports.

10 Feb 2020 5:49 AM

People wearing protective face masks ride a public bus in Hong Kong, Sunday. AP photo

China virus outbreak hits Indian tourism

Foreign as well as domestic tourists are cancelling travel to Kerala where three cases of the disease have been confirmed

09 Feb 2020 2:31 PM

Argentine vice-president Cristina Fernandez de Kirchner (AP photo)

Argentina to repay IMF debts after recession ends

Argentina needs to restructure $100 billion in sovereign debt with creditors, including part of a $57 billion credit facility IMF extended

09 Feb 2020 1:58 PM

Budget 2020 provides 'discreet and considered' stimulus: Sitharaman

Sitharaman said divestments are necessary to get transparency in the working of companies.

07 Feb 2020 1:37 PM

Japan’s fourth-largest automaker posted an operating profit of 51.8 billion yen (USD 471.34 million) for the October-December quarter.

Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India demand

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

07 Feb 2020 1:01 PM

Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

06 Feb 2020 1:04 PM

RBI has many other tools to revive growth, not just interest rates: Das

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

06 Feb 2020 12:50 PM

Going forward, the inflation outlook is likely to be influenced by several factors like food inflation, crude prices and input costs for services, RBI said.

RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar qtr

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

06 Feb 2020 12:36 PM

Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

06 Feb 2020 12:32 PM

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation, faltering economic growth.

06 Feb 2020 11:54 AM

Our target is USD 5 billion of defence export in next five years: PM Modi

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs 17,000 cr.

06 Feb 2020 11:21 AM

India’s government is likely to issue the bonds in several tranches of at least USD 400 million each, one source said.

India may issue USD 5 billion of bonds with no foreign investment cap: Sources

India’s total planned borrowing for 2020-21 stands at USD 109.57 billion.

05 Feb 2020 1:52 PM

The Union Budget 2020-21 implies a modest degree of slippage from previous targets to consolidate public finances, it said.

Fitch says Budget light on new structural reforms

Fitch projected that the government debt will remain close to 70 per cent of GDP throughout the period to 2021-22.

05 Feb 2020 12:06 PM

The Indian service sector sprung to life at the start of 2020, defying expectations of fragility and building on to the momentum gained at the end of 2019.

India's service sector activity growth hits 7-year high in Jan: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December.

05 Feb 2020 12:01 PM

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark.

India's manufacturing sector activity hits near 8-year high in January

The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January

03 Feb 2020 11:26 AM

Analysts said investors were disappointed as the Budget failed to live up to market expectations of growth-boosting measures and fiscal discipline.

Budget overhang, RBI policy, Q3 earnings to decide market course this week: Analysts

The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.

03 Feb 2020 10:16 AM

The new personal income tax rates will entail estimated revenue forgone of Rs 40,000 crore per year.

New tax regime gives with one hand, takes away with the other

Analysts claim there won’t any great savings under new tax regime.

02 Feb 2020 5:39 AM

Union finance minister Nirmala Sitharaman

Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

02 Feb 2020 5:23 AM

The private healthcare sector and medical equipment manufacturers have something to cheer about this year's budget.

Viability gap funding set to cheer up private health sector

The viability gap funding window will be provided to hospitals which are setting up centres in tier II and III cities.

02 Feb 2020 4:20 AM

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Sunil Gatade