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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been...

17 Jan 2019 3:01 PM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

District-focused approach to boost GDP growth faster: Prabhu

Prabhu said the country is now targeting to increase the annual FDI inflows to USD 100 billion.

12 Jan 2019 5:12 PM IST

Unless there is a complete change of mindset, that we accept we are predominantly an agriculture based nation, and always have been, the malaise will continue.

Agri, manufacturing to push GDP growth to 7.2 pc in 2018-19: CSO

The growth of the manufacturing sector is expected to accelerate to 8.3 per cent this fiscal, up from 5.7 per cent in...

8 Jan 2019 10:23 AM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

India remains fastest growing economy ahead of China

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

1 Jan 2019 1:34 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

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 IST

Prime Minister Narendra Modi

'We look forward to making India a USD 10 trillion economy': PM...

Reforms like Goods and Services Tax have laid a solid foundation for higher Gross Domestic Product growth, said Narendra...

23 Feb 2019 11:35 AM IST

Prime Minister Narendra Modi

Indian economy fundamentals sound, set to reach USD 5 trillion: PM...

No other large economy in the world has grown at 7 per cent year after year, says PM.

21 Feb 2019 11:59 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Lose fiscal, monetary policies not to boost economy; growth to slow...

Fiscal and monetary policies are turning expansionary but are unlikely to change the near-term trajectory,says Nomura...

20 Feb 2019 1:36 PM IST

HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of 2017.

HSBC warns on China, Britain slowdown as 2018 profit disappoints

HSBC's profits in Asia grew by 16 per cent to USD 17.8 billion last year, accounting for 89 per cent of the group...

19 Feb 2019 2:31 PM IST

Prime Minister Narendra Modi

India to grow at a faster pace; could be second-largest economy by...

India has shown tremendous resilience as an anchor of the world economy, says PM Modi.

11 Feb 2019 12:32 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI rate cut to boost growth, make loan affordable: India inc

RBI cut benchmark interest rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying within its target...

9 Feb 2019 10:56 AM IST

GDP stands for Gross Domestic Product.

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

7 Feb 2019 12:41 PM IST