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Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India-'s service sector activity growth hits 7-year high in Jan: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December.

5 Feb 2020 12:02 PM IST

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark.

India-'s manufacturing sector activity hits near 8-year high in...

The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January

3 Feb 2020 11:26 AM IST

The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Budget overhang, RBI policy, Q3 earnings to decide market course this...

The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.

3 Feb 2020 10:22 AM IST

The fiscal deficit target of 3.4 per cent of GDP is likely to slip, DK Joshi, the chief economist at the rating agency crisil said here on Friday.

Fiscal deficit target 3.8 per cent

This estimation is consistent with governmentâ€™s abiding commitment to macroeconomic stability,â€ Ms Sitharaman said.

2 Feb 2020 2:35 AM IST

In order to achieve higher export credit disbursement a new scheme, NIRVIK is being launched, which provides for higher insurance coverage, reduction in premium for small exporters and simplified procedure for claim settlements.

Budget 2020: Exporters all set to get tax refunds

This Scheme for Reversion of duties and taxes on exported products will be launched this year.

2 Feb 2020 2:33 AM IST

Raj Kumar served the LIC as executive director (international operations), CEO, LIC Mutual Fund Asset Management, zonal manager (I/C), Central Zone, Bhopal, ED (HRD-OD), ED (estate and office services).

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be...

2 Feb 2020 1:43 AM IST

Representational image

India relaxes fiscal deficit, cuts taxes to spur growth

Sitharaman said the fiscal deficit target for the current financial year was now 3.8 percent of GDP, up from an earlier...

1 Feb 2020 4:54 PM IST

The sharp reduction in tax rates will drag heavily on revenue collection.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 2:48 PM IST

Finance Minister Nirmala Sitharaman (ANI photo)

Govt debt down to 48.9 pc from 52.2 pc: FM

People have reposed faith in our economic policy, said finance minister Nirmala Sitharaman

1 Feb 2020 11:42 AM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Budget 2020 provides big income tax relief for individuals

For income between Rs 7.5-10 lakh, the tax rate has been reduced to 15 per cent from 20 per cent.

1 Feb 2020 10:39 AM IST

Finance minister Nirmala Sitharaman looks on as she leaves the Finance Ministry for Parliament to present the 2020-21 Union budget, in New Delhi on February 1, 2020. (AFP)

Finance Minister arrives in Parliament to present first Budget of new...

The Union Budget 2020 will be presented in a short while from now.

1 Feb 2020 10:25 AM IST

On the Sensex chart, Bharti Airtel, Tata Steel, IndusInd Bank, HeroMoto Corp and Tata Motors were among the major laggards. (Photo: File | AP)

Sensex, Nifty cautious in late morning trade

According to analysts, investors are cautious ahead of the Union Budget

1 Feb 2020 10:14 AM IST