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Old note will continue to be accepted for the other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15

Praising notes ban, RBI's Gurumurthy says economy would have collapsed

RBI's board meeting is scheduled to take place on Monday where the issues raised by the govt, including easing of PCA...

16 Nov 2018 10:47 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:08 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

India's economic growth to slow to 7.3 pc in 2019: Moody's

The Indian economy grew 7.9 per cent in the first half (January-June) of 2018.

8 Nov 2018 12:56 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

Demonetisation led to formalisation of economy, expanded tax base:...

The indirect tax to GDP ratio has gone up to 5.4 per cent post GST, from 4.4 per cent in 2014-15.

8 Nov 2018 12:29 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Emerging markets like India to see tightened monetary policy in 2019:...

Indian economy grew by 7.7 pc in the Jan-Mar quarter, and touched a two-year high of 8.2 pc in the April-June quarter.

6 Nov 2018 4:12 PM IST

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Excessive competition can at times put particular sector under stress:...

Govt wanted effective market players, reasonably optimum in number so that the consumer interest is protected.

5 Nov 2018 3:48 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India services sector activity in Oct sees quickest growth since July:...

PMI surveys brought positive news of stronger economic growth at the start of the third quarter of FY 2018-19.

5 Nov 2018 11:25 AM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

India to be among 3 largest economies in coming years: Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France.

2 Nov 2018 6:03 PM IST

Industrial production grew at 6.6 per cent in July on the back of good performance by the manufacturing sector and higher offtake of capital goods and consumer durables.

Manufacturing sector activity rises in Oct on robust order flow: PMI

The Nikkei India Manufacturing Purchasing Managers' Index strengthened from 52.2 in September to 53.1 in October.

1 Nov 2018 11:27 AM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Market cap, GDP to reach USD 6 trillion in 10 years: Morgan Stanley

India's GDP is up 10-fold and equity market cap is up 22 times in the last 25 years.

1 Nov 2018 10:42 AM IST

Prime Minister Narendra Modi, Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Congress leader Ghulam Nabi Azad and Parliamentary Affairs Minister Ananth Kumar during an all-party meeting, ahead of the Budget Session, at Parliament House in New Delhi on Sunday. (Photo: PTI)

Union Budget 2018 to test investor's faith in Modi government

Markets will be focused on how much India widens its fiscal deficit beyond the 3 pc of GDP projected for 2018-19.

31 Jan 2018 4:25 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.

Expectations from India's 2018-19 budget

Government is widely expected to increase spending to ensure growth recaptures momentum.

30 Jan 2018 12:51 PM IST