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Former Reserve Bank of India Governor C Rangarajan

Ex-RBI Guv says reaching USD 5 trillion target at current rate 'simply...

The economy has been on a steady decline, with growth rate slowing from 8.2 per cent in FY16 to 6.8 per cent in FY19.

22 Nov 2019 8:48 AM IST

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis. (Photo: Pixabay)

Jobs at risk as China's services sector feels heat of trade war

The government has raised this year's budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

14 Nov 2019 10:08 AM IST

PM Modi celebrated Diwali in Rajouri district of Jammu and Kashmir with Indian Army troops. (Photo: File | ANI)

PM Modi chairs cabinet meeting ahead of his departure for BRICS Summit

Modi will be visiting Brazil on November 13 and 14 to attend 11th BRICS summit and will have bilateral meetings with...

12 Nov 2019 2:56 PM IST

The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.

FinMin says fundamental of Indian eco robust, reforms to stimulate...

Government of India has also proactively taken policy decisions in response to the global slowdown.

8 Nov 2019 10:21 AM IST

Had India become a part of the bloc, it would have had the third highest GDP just below Japan and above South Korea, and tied with South Korea for the third highest global trade.

India dodges RCEP, but can't avoid Reforms 2.0

Exports to China account for just around 15 per cent, while another 11 per cent go to other destinations in East Asia.

8 Nov 2019 2:31 AM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

5 Nov 2019 2:59 PM IST

Congress party leader P. Chidambaram (Photo: PTI)

'God save India's economy': P Chidambaram after BJP leader's GDP...

BJP MP Nishikant Dubey said that GDP has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'.

3 Dec 2019 11:30 AM IST

Retail onion prices are ruling at around Rs 60-80 per kg.

Estranged allies, bad economy, and onion prices leave BJP teary-eyed...

The BJP is fighting a tough Opposition alliance this time in the five-phase Jharkhand Assembly elections, that started...

2 Dec 2019 2:40 PM IST

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

GDP growth rate for 2017-18 revised upwards to 7.2 per cent

Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stand at Rs 131.80 lakh crore and Rs 122.98 lakh...

31 Jan 2019 6:04 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Here's what to expect from 2019-2020 interim budget

The government is expected to project economic growth of around 7.5 per cent for the next financial year.

31 Jan 2019 2:16 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch warns of fiscal slippage if govt goes for populist interim...

Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.

31 Jan 2019 12:51 PM IST

In FY18, the government had completed the scheduled borrowing of Rs 1.02 lakh crore through Small Savings Scheme). (Representational image)

Centre likely to stick to FY20 fiscal target

We expect a cut in capital expenditure by Rs 50,000 crore and postponing Rs 30,000 crore of revenue expenditure to the...

31 Jan 2019 7:27 AM IST