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World Trade Organisation chief Roberto Azevedo. (Photo: PTI)

Escalating trade dispute could derail recovery: WTO chief

The impact of an all-out trade war would hit poor countries.

21 April 2018 10:29 AM IST

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

India contributing to global growth in financial inclusion: World Bank

Report states that about 51.4 crore accounts have been opened globally from 2014 to 2017.

20 April 2018 10:21 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI minutes: Patel in favour of more data before changing policy...

The flow of funds from non-bank sources to the corporate sector has also been rising.

20 April 2018 9:16 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India claims top spot for 2018 growth among major economies: sources

Reserve Bank of India has kept interest rates steady after a 25 basis-point cut to the repo rate in August last year.

19 April 2018 11:43 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India using 'right policies' to lower high debt level: IMF

India's general government debt remained relatively high, at 70 per cent of the GDP in 2017.

19 April 2018 9:01 AM IST

GDP numbers scheduled to be released on May 31.

World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 10:00 AM IST

The vessel is the first of Chinas new generation of destroyers. (Photo: Twitter)

China first-quarter GDP grows 6.8 pc, slightly more than expected

GDP in the first quarter grew 1.4 per cent, compared with revised growth of 1.6 per cent in October-December.

17 April 2018 8:49 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

India 'pales' in comparison to China: Raghuram Rajan

Comparisons between India and China are 'unfair' as India 'pales' before the Communist giant, says Rajan.

13 April 2018 3:30 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI rates unchanged, lower inflation forecast

MSP announced in the budget and the possible fiscal slippages at the level of both centre and states.

6 April 2018 4:43 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI cautious, but optimistic

The good news is that growth is picking up and private investment is now contributing to boosting the economy.

6 April 2018 12:23 AM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Manufacturing sector growth falls to 5 month low in Mar: PMI

IHS Markit marginally downgraded its real GDP forecast to 7.3 per cent for fiscal year 2017-2018.

3 April 2018 12:46 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Fiscal deficit to be lower than revised estimates for 2017-18: Garg

India revised its fiscal deficit target to 3.5 per cent of GDP from an earlier 3.2 per cent of GDP for 2017-18 fiscal...

3 April 2018 8:43 AM IST