Economy News

Donald Trump proposes controversial US tax overhaul, stirs concerns on deficit

US President Donald Trump proposed on Wednesday the biggest US tax overhaul in three decades, prompting criticism that it favours the rich and could add trillions to the US fiscal deficit. Read to know more.

Sep 28, 2017

More setbacks? GST collections fell to Rs 90,669 crore in August

During the month of August, assesses paid taxes also dropped by around nine percent. Reports say that 55 percent of assesses paid taxes for August, compared to 64 percent for July.

Sep 27, 2017

Former finance minister Yashwant Sinha criticises Arun Jaitley, says economy is 'on a downward spiral'

"The prime minister claims that he has seen poverty from close quarters. His finance minister is working over-time to make sure that all Indians also see it from equally close quarters," said Yashwant Sinha.

Sep 27, 2017

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GST relief : Exporters may be exempted from IGST on imported inputs

The final decision on the matter will be taken by the GST Council on October 6.

Sep 26, 2017

PM Modi revives Economic Advisory Council with Bibek Debroy as its head

Prime Minister Narendra Modi has constituted the Economic Advisory Council, to be chaired by NITI Aayog member Bibek Debroy. Read to know more.

Sep 26, 2017

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GDP share of exports in Q1 slumps to 14-year low at 19.4%

Share was 20% in fiscal 2017; exports rose just 1.2% in Q1 despite strong rebound in global trade in goods and services.

Sep 26, 2017

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

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Economy News

Donald Trump proposes controversial US tax overhaul, stirs concerns on deficit

More setbacks? GST collections fell to Rs 90,669 crore in August

Former finance minister Yashwant Sinha criticises Arun Jaitley, says economy is 'on a downward spiral'

GST relief : Exporters may be exempted from IGST on imported inputs

PM Modi revives Economic Advisory Council with Bibek Debroy as its head

GDP share of exports in Q1 slumps to 14-year low at 19.4%

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

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