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The tax for the real estate has gone up from 12 per cent to 18 per cent.

Indian economy stares at depression amid raging Sinha-Jaitley debate

Economic expansion has slowed to its lowest level in three years with GDP coming in at 5.7 per cent in June.

29 Sept 2017 11:33 AM IST

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Arun Jaitley asks CPSEs to aggressively push capex

While reviewing the capital expenditure plans of important CPSEs, estimated at Rs 3.85 lakh crore.

28 Sept 2017 7:49 PM IST

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

Govt plans to borrow Rs 2 lakh crore in H2, FY18

Net borrowings in the October-March period of the year has been pegged at Rs 1.92 lakh crore.

28 Sept 2017 7:02 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sept 2017 3:12 PM IST

Chief Economic Adviser Arvind Subramanian

Need to fight economic challenges on multiple fronts: CEA

Besides falling GDP growth rate exports are facing strong headwinds and industrial growth is lowest in 5 yrs.

23 Sept 2017 3:47 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Economy on track despite unsupportive global factors: Jaitley

GDP growth rate exports are facing strong headwinds and the industrial expansion is the lowest in five years.

22 Sept 2017 7:47 PM IST

Former Prime Minister Manmohan Singh. (Photo: PTI/File)

GST rollout was hasty decision, says Manmohan Singh

Former Prime Minister had previously cautioned against note ban shaving off 2 per cent of GDP.

18 Sept 2017 6:19 PM IST

Lower opening in the domestic equity market put the rupee on the back foot.

'CAD likely at 1.5 per cent of GDP in 2017; funding not a constraint'

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the April-June quarter of this year.

18 Sept 2017 11:43 AM IST

GDP stands for Gross Domestic Product.

Current account deficit seen at 1.2-1.3 pc of GDP in FY18: Icra

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the first quarter of the current fiscal.

17 Sept 2017 12:34 PM IST

A higher current account deficit impacts investors sentiment as it drains the countrys foreign reserves.

Current account deficit touches four-year high

Current account deficit means the difference between inflow and outflow of foreign exchange.

16 Sept 2017 7:06 AM IST

The government last year relaxed FDI norms in over a dozen sectors

India's external debt down 3 per cent to $472 bn in FY17

Short-term external debt increased by 5.5 per cent to USD 88 billion at end-March 2017.

15 Sept 2017 7:53 PM IST

The issue was discussed during the meeting of the Council for Trade Development and Promotion in January.

CAD widens to USD 14.3 billion or 2.4 per cent in Q1 on high trade...

Current account deficit also widened from USD 3.4 bn or 0.6 per cent of GDP in fourth quarter of fiscal 2017.

15 Sept 2017 7:03 PM IST