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Economy News

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    GM India exports, Beat sedan, Chevrolet essentia

    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
    Growth Forecast

    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
    Narendra Modi

    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
    india gdp growth, india second cso estimate for fy2017, india q3 gdp growth, indian economy, demonetisation, modi govt, pm modi

    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
    Arun Jaitley

    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

    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
    Yamuna Expressway

    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
    gst, gst on services, gst service tax, service tax at 15%, gst service tax 18%, , india gdp, india gdp composition

    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
    Megh mela Play

    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 protests

    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
    Air pollution

    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
    gst, gst seminar, gst bill, gst council, gst hasmukh adhia, gst facebook, gst rates

    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
    india, external trade, merchandise trade, india exports, imports, trade deficit, gold imports, engg imports, fiscal deficit, nirmala

    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
    Arun Jaitley

    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
    india news, india exports, india imports, india external trade, india trade deficit

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

    The trade shortfall was $11.45 billion in July. Sep 16, 2017
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