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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.

Fiscal deficit touches 96.1 pc of budget estimate at Aug-end

Government aims to bring down the fiscal deficit to 3.2 per cent of the GDP.

29 Sept 2017 7:04 PM IST

5 points Yashwant Sinha made in his piece on economy

Sinha was Finance Minister in 1991 when India had faced balance of payments crisis.

29 Sept 2017 4:33 PM IST

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