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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.Business
India Ratings lowers country's GDP growth projection for FY20 to 7.3...

Key reasons for downward revision are prediction of lower-than-normal monsoon for 2019 and continued agrarian distress.

1 May 2019 2:50 PM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)Business
India's external debt rises 2.63 per cent to USD 543 billion at...

The external debt-to-GDP ratio stood at 19.7 per cent at end-March 2019, lower than 20.1 per cent at end-March 2018.

29 Jun 2019 11:33 AM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)Business
EAC-PM rejects Subramanian's claim on over-estimation of GDP

Primary contributors of the paper are economists Bibek Debroy, Rathin Roy, Surjit Bhalla, Charan Singh, Arvind Virmani.

19 Jun 2019 7:44 PM IST

Chief Economic Advisor Arvind SubramanianBusiness
Government to come out with rebuttal of ex-CEA's claims on GDP numbers

Arvind Subramanian, in a paper, said India's economic growth rate has been overestimated by around 2.5 percentage...

12 Jun 2019 4:44 PM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)Business
Government dismisses Ex-CEA's claim, says accepted norms used for GDP...

India's GDP growth rate should be about 4.5 pc instead of official estimate of 7 pc, Arvind Subramanian had said.

12 Jun 2019 2:10 PM IST

Non-profit organisation Educate Girls received a grant of USD 75,000 from Goldman Sachs.Business
GDP growth may accelerate to 7.2 per cent in FY20: Report

Goldman Sachs report said it expects an acceleration in GDP to 7.2 per cent.

7 Jun 2019 3:27 PM IST

Union transport and surface minister and BJP senior leader Nitin GadkariBusiness
From 15L cr highways spend to globalising Khadi; MSME products: Nitin...

Gadkari said his priority will be 'rolling out all stuck highway projects that include many of IL&FS projects within 100...

5 Jun 2019 4:20 PM IST

\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)Business
India Inc pitches for land and labour reforms to achieve double-digit...

To target GDP growing up to 10 per cent by 2023-24, the total investment requirement is estimated at USD 5.74 trillion.

3 Jun 2019 6:40 PM IST

BJP workers celebrate at the party headquarters in Lucknow after the results were declared on May 23. (Photo: AP)India
Polls 2019: Mandate for strong' PM or a consensus fashioned by...

It appears that Rahul's biggest crime was that he was born in the Gandhi family and people hated that fact.

3 Jun 2019 1:11 AM IST

GDP stands for Gross Domestic Product.Opinion
Economy is Modi 2.0's first and biggest test

The core issue of livelihood has seen such a dip that a majority of people are worse off than they were, say, 10 years...

2 Jun 2019 12:00 AM IST

GDP stands for Gross Domestic Product.Business
At 5.8 per cent, GDP hits 5-year low; job creation also dips

The data came on the day when Nirmala Sitharaman took charge as the new finance minister in the second innings of the...

1 Jun 2019 6:27 AM IST

Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)Business
Govt announces welfare board for traders

The central government will nominate chairman and up to 15 members to the Board, said notification of DPIIT.

29 July 2019 7:16 PM IST

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