Economy News

RBI keeps repo rate unchanged at 5.15%, real GDP growth revised to 5%

The reverse repo rate is at 4.90 percent and bank rate at 5.40 percent.

Dec 5, 2019

Govt strives to revive construction sector, focusing on generating jobs

Over the last few years, an increasing number of multi-crore infrastructure and construction projects have gotten entangled in legal issues and court proceedings.

Dec 5, 2019

Public Sector Banks disbursed Rs 4.91 lakh crore loan during Oct-Nov: FM Sitharaman

Finance Minister Nirmala Sitharaman in September asked banks to reach out to customers and signal their willingness to lend following all prudential norms to boost consumption and revive the economy.

Dec 4, 2019

RBI to make sixth interest rate cut, but will it help boost the economy?

Growing by 4.5 percent annually in the June-September quarter, down from 7 percent a year earlier, the economy is expanding well below the rate needed to generate enough jobs.

Dec 4, 2019

Maruti Suzuki vehicle prices to increase from Jan 2020

According to the company, the price increase is necessitated on account of the increase in input cost. Besides, the auto major said the "price increase shall vary for different models".

Dec 3, 2019

Govt committed to attract investments through more reforms, says FM Sitharaman

Speaking at the India-Sweden Business Summit, Finance Minister Nirmala Sitharaman noted that the government had recently reduced the corporate tax rate and the Centre is in interaction with the business community.

Dec 3, 2019

No decrease in direct tax collection, went up 5% in November: Sitharaman

FM Sitharaman categorically said that there was no decrease in direct tax collection. "In fact, there is an increase of 5 per cent in the gross direct tax collection till November this fiscal."

Dec 3, 2019

As prices skyrocket, 11,000 tonnes of onions to reach India from Turkey

The MMTC had earlier signed an import deal for 6,900 tonnes from Egypt, and this consignment is expected to reach here in the next 10 days.

Dec 2, 2019

More rate cuts expected as economic growth erodes further

Initially ignoring any signs of a slowdown in the economy, the Modi government has finally woken up and is taking measure to arrest the economy from slipping further.

Dec 1, 2019

GST collection highest in November; crosses Rs 1 lakh crore mark

The GST collection on domestic transactions witnessed a growth of 12 percent in November, highest during the year.

Dec 1, 2019

Govt to invest $1.39 trillion in infrastructure to spur economy: Nirmala Sitharaman

Nirmala Sitharaman's comments followed data released on Friday that showed India's economic growth slowed to 4.5 percent in the July-September quarter.

Dec 1, 2019

Govt ignored signs of slowdown in industrial production, core sector growth: Experts

The core sector performance and the IIP of the past 4-5 months of the Modi 2.0 had the tell-tale signs of what the GDP growth and weak economic indicators could lead to.

Dec 1, 2019

Centre may go for further disinvestments amid lower revenue generation & tax cuts: CLSA

In recent times, the government has been aggressively looking to disinvest Air India and BPCL to meet its fiscal deficit target.

Nov 30, 2019

Will GMR take Delhi's second airport by right of refusal as Swiss firm wins bid?

Zurich Airport International AG beat GMR and Adani Group by quoting highest per passenger rate for developing first phase of Jewar airport, expected to be India's largest.

Nov 30, 2019

Finance Minister Sitharaman admits there's slowdown; discounts recession fears

Finance Minister Sitharaman blames fall in GDP growth on the delayed effect of stress on banks from bad loans and corporate credit crisis built up from UPA's time.

Nov 29, 2019

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Economy News

RBI keeps repo rate unchanged at 5.15%, real GDP growth revised to 5%

Govt strives to revive construction sector, focusing on generating jobs

Public Sector Banks disbursed Rs 4.91 lakh crore loan during Oct-Nov: FM Sitharaman

RBI to make sixth interest rate cut, but will it help boost the economy?

Maruti Suzuki vehicle prices to increase from Jan 2020

Govt committed to attract investments through more reforms, says FM Sitharaman

No decrease in direct tax collection, went up 5% in November: Sitharaman

As prices skyrocket, 11,000 tonnes of onions to reach India from Turkey

More rate cuts expected as economic growth erodes further

GST collection highest in November; crosses Rs 1 lakh crore mark

Govt to invest $1.39 trillion in infrastructure to spur economy: Nirmala Sitharaman

Govt ignored signs of slowdown in industrial production, core sector growth: Experts

Centre may go for further disinvestments amid lower revenue generation & tax cuts: CLSA

Will GMR take Delhi's second airport by right of refusal as Swiss firm wins bid?

Finance Minister Sitharaman admits there's slowdown; discounts recession fears

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react