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Economic Affairs Secretary Shaktikanta Das

It's govt right to demand interim dividend and use it the way its...

Payment of surplus or interim dividend to the government is a part of the RBI Act, says RBI Governor.

7 Feb 2019 4:45 PM IST

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

RBI board meeting deferred to February 18

The RBI board is going to take up request of the govt for payment of interim dividend for the current financial year.

6 Feb 2019 4:03 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)

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

5 Feb 2019 12:14 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 likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

5 Feb 2019 10:53 AM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Difficult for govt to maintain 3.4 pc fiscal deficit in FY'20: Moody's

The govt has pegged the fiscal deficit for the next financial year at 3.4 per cent of GDP, as against the original...

3 Feb 2019 6:04 PM IST

Subhash Chandra Garg

Fiscal deficit to be 3.3 percent for FY 2018-19: DEA Secretary

Economic Affairs Secretary Subhash Chandra Garg stated that FY2018-19 will end with a fiscal deficit of 3.3 per cent of...

2 Feb 2019 6:03 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

India's sovereign rating profile to be evaluated based on...

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

2 Feb 2019 1:29 PM IST

In 2015, 3,266 farmers committed suicide in the state.

Interim Budget focused on rural and agriculture sector: DBS bank

Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.

2 Feb 2019 12:17 PM IST

Union minister of railways Piyush Goyal at the India Economic Summit 2017 in New Delhi on Thursday. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements...

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

1 Feb 2019 6:27 PM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Farmers, middle class-friendly Budget to boost economic growth: India...

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

1 Feb 2019 4:39 PM IST

98 per cent rural sanitation coverage achieved, Interim Finance Minister Piyush Goyal said. (Phto File: Ani Twitter)

Union Budget: Here's what's good and bad

Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.

1 Feb 2019 12:39 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

Govt broke the back of high inflation: Piyush Goyal

Goyal said during the previous UPA government (2009-14), inflation averaged as high as 10.1 per cent.

1 Feb 2019 12:12 PM IST