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Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief...

The Economic Survey has projected the GDP to expand by 6-6.5 per cent

31 Jan 2020 4:16 PM IST

Commercial vehicle sales, the barometer of the economy, however, declined 23 per cent to 67,060 units as compared to 87,618 units in October last year.

Economic Survey calls for USD 1.4 trillion spending on infrastructure

Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth

31 Jan 2020 3:41 PM IST

Union finance minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget Session of Parliament, in New Delhi.

India-'s share in global commercial services exports up at 3.5 per...

According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per...

31 Jan 2020 3:20 PM IST

There is nothing new in the US bias towards Israel, except that Mr Trump is going way beyond the norm in not only shifting the US embassy in Jerusalem but also recognising Israels absolute right to the occupied territory.

US economy growing moderately in 4th qtr; likely missed Trump-'s 3 pc...

The Trump administrationâ€™s 18-month-long trade war with China last year fueled fears of a recession.

30 Jan 2020 2:06 PM IST

Input tax credit can be used to offset the input tax with output tax. This aspect is exploited and it promotes the generation of fake invoices to claim input tax credit.

BJP recommends tax tweaks to attract foreign investors

India charges 15 per cent short-term capital gains tax if equity shares are sold within a year and at 10 per cent if...

30 Jan 2020 10:59 AM IST

Federal Reserve Chairman Jerome Powell. (Photo: AFP)

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Compared to AP, TS is in a better position. The TS government has achieved 54.70 per cent revenue receipts against its Budget projection while the AP government has achieved only 35.68 per cent.

India-'s budget likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter.

29 Jan 2020 10:11 AM IST

Economists and inves-tors say fiscal stimulus in the budget and an increase in spending on roads, railways and rural welfare could revive growth.

Budget could increase spending to lift growth

Import duties may be raised on more than 50 items.

29 Jan 2020 2:05 AM IST

If Amazon Web Services chip efforts are successful, it could lessen the units reliance on Intel Corp and Advanced Micro Devices Inc for server chips.

Hundreds of Amazon employees criticise firm-'s climate stance

Amazon had nearly 650,000 permanent employees at the end of 2018, according to the company-'-'s annual report.

27 Jan 2020 2:34 PM IST

Representational image (PTI)

India-'s rice exports fall sharply over Iran-'s payment delay

Basmati rice exports to Iran, New Delhiâ€™s top buyer of the aromatic grain, dropped to 6,00,000 tonnes in the eight...

26 Jan 2020 11:21 AM IST

Nirmala Sitaraman

India may raise import duties on more than 50 items next week

Finance Minister Nirmala Sitharaman could make the announcement when she presents her annual budget for 2020/21 on Feb

26 Jan 2020 11:13 AM IST

A man burns joss sticks as he prays at the Wong Tai Sin Temple in Hong Kong, to celebrate the Lunar New Year which marks the Year of the Rat in the Chinese zodiac. China is expanding its lockdown against the deadly new virus to an unprecedented 36 million people and rushing to build a prefabricated, 1,000-bed hospital for victims as the outbreak cast a pall over Lunar New Year, the countrys biggest and most festive holiday.AP photo

Coronavirus hits trade, tourism businesses hard

The SARS outbreak in 2003 led to a drop of 300,000 barrels of oil per day during the height of the epidemic

25 Jan 2020 10:30 AM IST