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The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.Business
Core sector output shrinks 5.8 per cent in October

Output of eight core infrastructure industries had contracted by 5.1 per cent in September, the lowest in the decade.

29 Nov 2019 5:32 PM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.Business
India-'s economy seen growing at 4.7 per cent in September quarter

PM Modi’s govt has taken several steps, including cutting corporate tax in Sept, to boost investments and bolster...

29 Nov 2019 12:56 PM IST

For the last few quarters the cycle of growth has not been as it was earlier, Chief Economic Adviser KV Subramanian said at an event in New Delhi and added that \corporate tax rate is important for investments\. (Photo: File)Business
Cut in corporate tax rate important for investments: CEA Subramanian

India-'s economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.

29 Nov 2019 12:09 PM IST

The ideal debt to equity ratio for capital intensive and long gestation period sectors like power & steel is 2:1. The Indian steel sector debt to equity ratio is presently less than 2:1, Steel Minister Dharmendra Pradhan said on Wednesday. (Photo: File | PTI)Business
Crude steel production capacity on increase in country

The capacity for domestic crude steel production expanded to 142.24 million tonnes in 2018-19, said Minister Dharmendra...

27 Nov 2019 3:09 PM IST

Sitaram YechuryBusiness
Govt must bring white paper on status of Indian economy: Yechury

Indian economy may have slowed for the sixth consecutive quarter in July-September to 4.7 per cent, India Ratings report...

27 Nov 2019 12:39 PM IST

The growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore system-wide, and banks need to monitor such loans closely as unsustainable credit growth in the sector can risk the system, Reserve Bank India (RBI) Deputy Governor M.K. Jain said.Business
RBI red-flags rising Mudra loans stress

RBI red-flags rising Mudra loans stress

27 Nov 2019 1:10 AM IST

India Ratings and Research has revised its GDP growth forecast for FY20 to 5.6 per cent. This is the fourth revision and has come in after the agency had revised its FY20 GDP growth forecast only a month ago to 6.1 per cent, the rating agency said in a statement.Business
India GDP growth in Q2 at 4.7 pc; FY20 forecast at 5.6 pc: Report

The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.

26 Nov 2019 3:55 PM IST

The MPC is scheduled to meet during December 3-5 and announce the final outcome for the fifth bi-monthly monetary policy on December 5, a week after the government releases the second quarter GDP numbers on November 29.Business
Monetary Policy Committee to be split on rate cut decision

Inflation as measured by the Consumer Price Inflation Index (CPI), came in at a 16-month high at 4.62 per cent for...

25 Nov 2019 2:07 AM IST

Rally in gold prices made customers postpone their purchases. Gold prices breached the Rs 35,000/10g level in mid-July and continued to climb to Rs 38,795/10g by the end of August.Business
Gold imports dip 9 per cent during Apr-Oct

Dip in gold imports has helped in narrowing the country-'s trade deficit to USD 94.72 billion during Apr-Oct 2019-20.

24 Nov 2019 4:30 PM IST

India turned its erstwhile state of Jammu and Kashmir into a federally-controlled territory, tightening control in a shock move it said would rein in militancy in the region also claimed by neighbouring Pakistan, and promote its development.Business
Jammu and Kashmir ban caused more than USD 1 billion loss: KCCI

The clampdown has hit tourism as well as farming, horticulture and the arts and crafts that contribute the most.

20 Nov 2019 1:47 AM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)Business
Financial crunch due to Centre-'s failure to release GST dues

The Centre has also reduced the credit limit of the state by almost Rs 6000 crore.

19 Nov 2019 5:36 PM IST

As the winter sets in, the Jammu and Kashmir administration is looking for an accommodation to shift 34 political detenues from Centaur Hotel in Stinagar as it lacks proper heating arrangements, officials said. (Representational Image)Business
Kashmir shutdown caused losses of more than USD 1 billion: Trade body

Economic losses ran into least 100 billion rupees (USD 1.40 billion) by September.

19 Nov 2019 3:59 PM IST

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