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Union Finance Minister Arun Jaitley, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das. (Photo: PTI)

Honest citizens feel they'll reap benefits: Jaitley on notes ban

The effect of demonetisation will remain for one or two quarters, but its effect on the economy will be seen in the...

1 Dec 2016 5:13 PM IST

The report noted that lending rate cuts are key to cyclical recovery rather than reforms as reforms tend to push up growth only in the medium term.

BofA cuts GDP growth forecast to 6.9 per cent

BofA-ML expects lending rates to come off 50-75 bps by September 2017.

1 Dec 2016 1:02 PM IST

The countrys merchandise exports during April-November period of the current fiscal too recorded a growth of 0.10 per cent to USD 174.92 billion.

Exports up 2.29 pc to USD 20 bn in November

Imports too increased by 10.44 per cent to USD 33 billion, leaving a trade deficit of USD 13 billion in November.

15 Dec 2016 6:37 PM IST