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The unemployment rate was over 50 percent in the previous years.

Business

Budget 2019 disappoints job seekers as unemployment situation stays...

For NDA's part, jobs and employment have been a consistent theme of its last four budgets.

5 Feb 2019 12:18 PM IST

Financial market participants have welcomed global ratings agency Moodys decision to upgrade Indias rating to stable saying that the move would help Indian corporates as well as financial institutions to access capital in the overseas market at a lower cost.

Business

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

5 Feb 2019 12:14 PM IST

Any budget presented by a government immediately after an election will invariably aim at implementing the election manifesto of the ruling party.

Business

Industry veterans reinforces solidarity to support Budget 2019

The Interim Budget 2019 has undoubtedly turned out to be a morale booster for all.

5 Feb 2019 11:38 AM IST

On prices front, the survey noted inflationary pressures in service sector remained subdued in August.

Business

Service sector activity slips for 2nd straight month; employment rises

The seasonally adjusted Nikkei India Services Business Activity Index fell from 53.2 in Dec to 52.2 in January.

5 Feb 2019 11:13 AM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

5 Feb 2019 10:53 AM IST

$An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\$ Business