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The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI likely to cut rates in Dec 6 policy review: report

RBI kept interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 pc for current...

30 Oct 2017 1:34 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 11:13 AM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Demonetisation, GST to cool India's GDP growth to a four-year low

Note ban and GST have disrupted business activity and dampened consumer demand, says report.

25 Oct 2017 11:03 AM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Govt approves Rs 2.11 lakh crore recapitalisation package for PSU...

Fin Min says recapitalisation programme is essential to increase public spending on infrastructure.

24 Oct 2017 6:06 PM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

India maintains positive economic growth for past 3 years: Jaitley

India has remained as the world's fastest growing economy for the past three years.

24 Oct 2017 5:19 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Arun Jaitley, Finance Ministry officials reveal big economic revival...

Talking about GST, demonetisation, Jaitley says structural reforms have long term benefits besides some short term...

24 Oct 2017 4:43 PM IST

Stick to fiscal consolidation road map: EAC-PM to govt

Council, which met for first time today, has identified ten themes, including economic growth and job creations.

11 Oct 2017 5:54 PM 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)

IMF lowers India's growth forecast over demonetisation, GST

Strong government spending and data revisions in India led to an upward revision of 2016 growth to 7.1 per cent.

10 Oct 2017 6:44 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST course correction: Only time will tell

The Gujaratis are an enterprising trading community and they have been hit hard by demonetisation and GST.

8 Oct 2017 12:33 AM IST

IT Minister Ravi Shankar Prasad

GDP to recover in Q2 as fundamentals strong: Ravi Shankar Prasad

Prasad says GDP grew 7.5 per cent in 2014-15, 8 per cent in 2015-16 and 7.1 per cent in 2016-17.

7 Oct 2017 5:41 PM IST

European Commission President Jean-Claude Juncker. (Photo: AFP)

Jean-Claude Juncker says 5.7 per cent GDP is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

7 Oct 2017 11:33 AM IST

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

Easing the burden?

Reducing number of GST slabs won't benefit the poor, or those hit hardest by the tax.

5 Oct 2017 3:29 AM IST