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The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Go slow on deficit cap: Survey

Cautions FM against setting ambitious targets for fiscal consolidation on optimistic forecasts ahead of polls

30 Jan 2018 12:40 AM IST

GDP stands for Gross Domestic Product.

GDP growth will fall to four-year low of 6.5 per cent in 2017-18

The predominant narrative would be to attribute this slowdown to the adverse impact of demonetisation and implementation...

6 Jan 2018 1:08 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FRDI bill won't hurt depositors, claims Finance Ministry

The bill was presented in Lok Sabha in August before it was referred to a joint committee of Parliament.

8 Dec 2017 2:19 AM IST

The current GDP data doesn't say much about economic reversal'

Pronab Sen speaks to Pawan Bali on the GDP data for the second quarter released on Thursday.

3 Dec 2017 2:47 AM IST

(Photo: Pixabay/Representational)

Net must be open, free, says Trai chief

These rules are to be applicable to "internet access services", which are generally available to the public, said Trai.

29 Nov 2017 3:14 AM IST

Standard & Poors is an American financial services company. (Photo: File)

S&P still keeps India poor'

Cites higher debt to refuse a rating upgrade; lauds Modi's reforms.

25 Nov 2017 1:39 AM IST

Finance Minister Arun Jaitley (Photo: AP)

After Moody's upgrade, doubters should introspect: Jaitley

Endorsement of Modi govt's reforms, says Amit Shah

18 Nov 2017 6:24 AM IST

It's possible to break into top 50 in the next three years...'

This index is for cross-country comparison, and has to use a standard approach to all countries, says Arvind Virmani.

5 Nov 2017 12:31 AM IST

Finance Minister Arun Jaitley (Photo: AP)

India bags 100th position in World Bank's ease of doing business

From 130th position last year, India jumped 30 slots to break into the top 100 in World Bank's Ease of Doing Business'...

1 Nov 2017 1:31 AM IST

Finance Minister Arun Jaitley

Cabinet approves massive Rs 9 lakh crore boost for economy

PSU banks will get Rs 2.11 lakh crore capital to increase lending; Rs 6.92 lakh crore for 83,677-km new road, highway...

25 Oct 2017 12:36 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Relief for small and medium enterprises, 27 items cheaper

Prime Minister Narendra Modi welcomed the steps announced on Friday and said the GST has become even simpler after GST...

7 Oct 2017 1:38 AM IST

Decline in interest rates would boost demand for consumer durables, stimulate investments, and make Indian products more competitive.

Economic turnaround: The only way is up

The government has front-loaded capital spending and undertaken significant reform policies including GST.

3 Oct 2017 1:44 AM IST