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Prime Minister Narendra Modi. (Photo: AP)

The reality that is catching up with PM Modi

Demonetisation is described as the act of stripping a currency unit of its status as legal tenderâ€.

17 Sept 2018 1:30 AM 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)

Govt likely to announce lower borrowing programme next week: sources

Investors were also worried whether govt will be able to stick to its fiscal deficit target of 3.3 per cent of gdp.

22 Sept 2018 11:42 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch ups growth forecast to 7.8 per cent

The agency said that the fiscal policy should remain quite supportive of growth in the run-up to 2019 elections.

22 Sept 2018 2:20 AM IST

Finance Minister Nirmala Sitharaman in the Lok Sabha during Budget Session of Parliament. (Photo: PTI)

Karan Thapar | Decoding the numbers: What the FM didn't say

When you dig into details and ponder over the implications, the Budget feels rather different to what you've heard

19 Feb 2021 4:51 AM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

FDI inflows will rise to 2.5 per cent of GDP in 5 years: UBS

FDI into India nearly doubled over past decade to $42 billion, which was 1.9 per cent of GDP in FY17.

25 Aug 2017 6:18 PM IST

Amit Shah hailed the government and Prime Minister Narendra Modi for stand on triple talaq issue before the SC. (Photo: PTI)

Modi faltering on the growth promise

Now we are back to trying to configure how to reindustrialise, given India's persistent economic backwardness.

23 Aug 2017 1:01 AM IST

Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

India's GDP hit hard by GST as it slips to 5.7 per cent in June...

This indicates the economy is reeling under the impact of the destocking activity and the uncertainty prevailing under...

31 Aug 2017 6:09 PM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Fall out of demonetisation on predicted lines, to benefit in long run:...

Jaitley also said the fact that money got deposited in banks does not mean that all of it is legitimate money.

31 Aug 2017 10:57 AM IST

HSBC doubts accuracy of GDP, to focus on GVA

Says economic growth may slow down to 6 per cent in Q1 FY18.

31 Aug 2017 4:43 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

Growth worries spook FPIs, August net equity outflow at $2 bn

The total investment in equity markets stood at Rs 48,329 crore (USD 7 billion) this year.

27 Aug 2017 12:23 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Mergers of small banks may hurt MSME sector: report

Disadvantages of big banks are that services are less personable and local people abstain from reaching out to them.

5 Aug 2017 5:10 PM IST

India and China flags (Photo: PTI/File)

Is China losing its edge?

Finance being prosperity and firepower, destruction thereof, the external posturing of the Dragon is more than...

3 Aug 2017 5:37 AM IST