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The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India Ratings projects economic growth at 7.1 pc next fiscal

Ind-Ra expects retail and wholesale inflation to come in at 4.6 per cent and 4.4 per cent.

18 Jan 2018 3:40 PM IST

Whatever you do kids, dont become a figure of hate for the left

Nation on the mat as Modi wins

He focused on little things, and on shadows that did not exist but were cooked up and labelled as enemies by the RSS.

16 Jan 2018 1:28 AM IST

A canoe is operated by Island Tourism Kadalundi in the river.

India plans to boost tourism, travel in annual budget: sources

According to an industry report, tourism employs 40 mn people in India and could add 10 mn jobs in a decade.

6 Jan 2018 1:07 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI lowers economic forecast to 6.6 per cent for FY18

Recapitalisation of PSUs along with resolution of stressed assets under IBC will create demand for fresh investments.

7 Feb 2018 4:09 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Assocham suggests RBI should not hike interest rates in next monetary...

The Reserve Bank of India is scheduled to announce its sixth bi-monthly monetary policy statement for 2017-18 on...

4 Feb 2018 3:05 PM IST

India has been the worlds fastest growing major economy over the past two years.

Double-digit difficult for India, but 8 pc economic growth possible by...

The Economic Affairs Secretary said that a ten per cent growth rate is not a realistic estimate, but 8 per cent plus is...

4 Feb 2018 2:12 PM IST

Union Finance Minister Arun Jaitley in the Rajya Sabha. (Photo: PTI/File)

Economy will thrive under Jaitely

The stars predict that Arun Jaitley is likely to take several initiatives in 2018 which may lead to important...

4 Feb 2018 6:35 AM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

India likely to clock 7.5 pc growth in FY19: Deutsche Bank

Higher oil prices can potentially slow the pace of recovery.

29 April 2018 11:33 AM IST

School children cover themselves under an umbrella during rains in New Delhi on Tuesday. (Photo: Biplab Banerjee)

India likely to receive average monsoon rains in 2018: Met department

Monsoon rains, the lifeline of the country's USD 2 trillion economy, are expected to be 97 per cent of a long-term...

16 April 2018 5:27 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Uptick in economic growth positive for Indian asset backed loans:...

It supports the ability of borrowers to earn income and repay their loans.

12 April 2018 3:50 PM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

IMF's Lagarde: Trade protectionism threatens economic growth

IMF in January forecast global growth of 3.9 percent for this year.

11 April 2018 11:21 AM IST

Bolstered by the economic growth observed in 2017, talent acquisition witnessed an uptick across several sectors.

Hiring activity may rise in 2018 on robust economic growth: report

High demand for sales and marketing roles will continue into 2018.

3 April 2018 4:05 PM IST