Economy News

GST, demonetisation take a toll; ADB downgrades India's 2017 growth forecast to 7%

The downgrade reflects short-term disruptions like last year's demonetisation and implementation of the goods and services tax (GST).

Sep 26, 2017

Deadline 2018: All you need to know about Modi's 'Saubhagya' scheme

While free connections will be provided to below poverty line BPL households, under the Saubhagya scheme people above the poverty line would have to pay only Rs 500 per connection in 10 installments.

Sep 26, 2017

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Centre wants more rate cuts to revive economy and spur investments

The slowdown was led by the manufacturing sector, which expanded at 1.2 percent from a year earlier compared with a 10.7 percent growth last year.

Sep 24, 2017

Getting fiscal: Govt to push Rs 50,000-crore stimulus package to turbocharge growth

The move could widen the fiscal deficit, but it is a risk the government will take to tackle slowing growth.

Sep 21, 2017

Arun Jaitley vows necessary measures to revive slowdown-hit economy

The faltering economy has offered the opposition Congress party ample grist for its campaign against Modi ahead of general elections in 2019.

Sep 20, 2017

On the fast track: New highway projects hit the road running

The improved Hybrid Annuity Model is a sure shot at faster highway completion, when the model is getting popular with developers.

Sep 19, 2017

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Economic slump: Amit Shah's 'technical reasons' exposed in SBI report

The BJP president had not elaborated on his "technical reasons"; report believes government should consciously expand spending, without disturbing the borrowing equation.

Sep 19, 2017

Google Tez is great, but Paytm is better - at least for now

Google faces stiff challenge from Paytm for its latest Tez UPI payments app in India.

Sep 19, 2017

GST recoil: Modi government eyes spending cuts due to low tax collection

If the current trend continues till the year-end, revenue shortfall could be as much as Rs 80,000 crore ($12.5 billion).

Sep 19, 2017

Energy Drive: When environment is at odds with business

Industry feels that environmental regulations such as Forest Rights Act 2006 have blocked industrial and mining development in the country for long.

Sep 19, 2017

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No further extension in filing returns under GST: Government

July returns are to be filed by October 10 under GSTR1, October 31 under GSTR2 and November 10 under GSTR3.

Sep 17, 2017

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GST recoil: Exporters say higher costs hit orders, exports drop 15% till October

Costs rise 1.25 percent as govt delays duty refunds; resulting liquidity crunch forces exporters to postpone shipments.

Sep 16, 2017

Finance Ministry seeks details of 40 accounts tagged for insolvency and bankruptcy

Commercial banks had expressed concerns over the extra provisioning requirements which is being looked at and if necessary, the ministry will have further discussions with the RBI.

Sep 16, 2017

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India's trade deficit widens to $11.64 billion in August

The trade shortfall was $11.45 billion in July.

Sep 16, 2017

Shed no tears, onion prices crash on income tax raids

The sudden crackdown of the I-T department created panic among the onion traders leading to an onion price crash.

Sep 15, 2017

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Economy News

GST, demonetisation take a toll; ADB downgrades India's 2017 growth forecast to 7%

Deadline 2018: All you need to know about Modi's 'Saubhagya' scheme

Centre wants more rate cuts to revive economy and spur investments

Getting fiscal: Govt to push Rs 50,000-crore stimulus package to turbocharge growth

Arun Jaitley vows necessary measures to revive slowdown-hit economy

On the fast track: New highway projects hit the road running

Economic slump: Amit Shah's 'technical reasons' exposed in SBI report

Google Tez is great, but Paytm is better - at least for now

GST recoil: Modi government eyes spending cuts due to low tax collection

Energy Drive: When environment is at odds with business

No further extension in filing returns under GST: Government

GST recoil: Exporters say higher costs hit orders, exports drop 15% till October

Finance Ministry seeks details of 40 accounts tagged for insolvency and bankruptcy

India's trade deficit widens to $11.64 billion in August

Shed no tears, onion prices crash on income tax raids

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]