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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

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

The budget, which was focused on giving big push to investment in agriculture, small and medium industries, and health sectors, is NDA governments last budget before the general elections. (Photo: ANI | Twitter)

Budget 2019:â€‰Full text of finance minister Piyush Goyal's speech in...

Union finance minister Piyush Goyal presented the interim Budget for 2019-20 in the Lok Sabha on Friday.

1 Feb 2019 2:47 PM IST

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

India to become USD 5 trillion economy in 5 yrs, USD 10 trillion in 8...

India is the fastest-growing major economy in the world and that the GDP growth in the past 5 years.

1 Feb 2019 2:39 PM IST

Finance Minister Goyal said: On behalf of all the people of India and our Government, thank all our taxpayers for their valuable contribution to nation-building and for providing a better quality of life to poor and marginalised. (Photo: ANI)

Budget 2019: FM Piyush Goyal says no tax on income up to Rs 5 lakh

Around 3 crore middle-class taxpayers will get tax exemption due to this measure.

1 Feb 2019 1:29 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

Meanwhile, Congress MP Rajni Patil gave zero hour notice in Rajya Sabha over the issue of 33 per cent reservation for women in Parliament and Assembly. (Photo: ANI)

Union Cabinet approves interim Budget 2019-20

A full-fledged Budget will be presented in Parliament once the new Central government is formed after the General...

1 Feb 2019 11:20 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

Jan sees fastest rise in factory orders since Dec 2017; mfg activity...

The Nikkei India Manufacturing Purchasing Managers' Index increased from 53.2 in December to 53.9 in January.

1 Feb 2019 11:10 AM IST