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Defence minister Nirmala Sitharaman during a press conference in Mumbai. (Photo: PTI )

Govt likely to let budget deficit rise as tax receipts fall short

Fiscal deficit target to as much as 3.6 per cent of GDP from an already upwardly revised target of 3.4 per cent.

21 Jun 2019 11:39 AM IST

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

India defends methodology to measure economic growth

GDP growth being overstated by about 2.5 percentage points per year between 2011-12 and 2016-17.

12 Jun 2019 9:54 AM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

India's GDP growth overestimated by 2.5pc, says Modi govt's ex-chief...

The non-politicised nature of changes can be seen from the fact that new estimates bumped up growth for 2013-14,' Arvind...

11 Jun 2019 2:32 PM IST

Uddhav Thackeray

Shiv Sena chief to visit drought-hit areas from today

According to party sources, while the state was reeling under the drought, the Lok Sabha polls were in progress.

9 Jun 2019 7:05 AM IST

There will be progressive decline of employment in the manufacturing sector and therefore new avenues of employment has to be created in the services sector.

It's the economy, stupid!

As regards employment problems that plague the MSME sector, they should be tackled in a time bound manner.

9 Jun 2019 1:17 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Short-term trend of Nifty looks negative

Among the sectoral indices Nifty Bank fell 2.32 per cent while Nifty PSU Bank fell 4.90 per cent.

7 Jun 2019 7:13 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on...

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

6 Jun 2019 12:53 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.

Highlights of RBI's monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

6 Jun 2019 12:48 PM IST

Shaktikanta Das

RBI cuts key rate by 25 bps, changes neutral policy stance to...

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

6 Jun 2019 12:04 PM IST

Young climate activists demonstrate in front of the Finnish Parliament building in Helsinki, Finland, on May 24, a global day of student protests aiming to spark world leaders into action on climate change. (Photo: AP)

With climate change upon us, eco-friendly tech, sustainability the...

An environment-friendly means of development is the most logical answer if we wish to survive in this universe.

5 Jun 2019 2:33 AM 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 may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks' liquidity to ensure they drop their lending rates too.

4 Jun 2019 10:31 AM IST

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

Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 July 2019 2:48 PM IST