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The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Govt likely to fund some USD 28 bn of expenditure via off-budget...

India's committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal...

24 Jan 2020 10:50 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

Slowdown to hurt insurance sector

By the Irdai's December 2019 data, the non-life insurance sector witnessed a significant slowdown.

22 Jan 2020 6:51 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Interim dividend issue may come up in next RBI's board meeting

The country's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal as compared to 6.8 per...

20 Jan 2020 12:01 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank trims 2020 growth forecast amid slow recovery for trade,...

The World Bank shaved 0.2 percentage point off of growth for both years.

9 Jan 2020 9:53 AM IST

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

GDP growth seen slipping to 11-yr low of 5 pc this fiscal: Govt data

RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy...

8 Jan 2020 9:53 AM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

Govt pegs GDP growth at 5 per cent for current fiscal

GDP growth stood at 4.8 per cent for the first half of the current fiscal year.

8 Jan 2020 1:23 AM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.

India's service sector activity growth hits 5-month high in Dec: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector, rose from 52.7 in November to 53.7.

6 Jan 2020 11:27 AM IST

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

Indian economic growth slows, with coronavirus impact to come

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5 per cent

29 Feb 2020 11:33 AM IST

Finance Minister Nirmala Sitharaman

Budget 2020 provides 'discreet and considered' stimulus: Sitharaman

Sitharaman said divestments are necessary to get transparency in the working of companies.

7 Feb 2020 1:37 PM IST

Reserve Bank of India (RBI)

Highlights of RBI's sixth bi-monthly monetary policy statement for...

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

6 Feb 2020 1:04 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI has many other tools to revive growth, not just interest rates:...

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

6 Feb 2020 12:50 PM IST

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

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

6 Feb 2020 12:32 PM IST