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Prime Minister Narendra Modi at an election rallyBusiness
Working to bring 99 per cent things in sub-18 per cent GST slab: PM...

GST was framed according to the existing VAT or excise tax structures exercised in those respective states.

18 Dec 2018 1:41 PM IST

Former RBI governor Raghuram RajanBusiness
Demonetisation dragged economic growth down, says Rajan

The growth was also impacted by tardy' implementation of the goods and services tax, said the former RBI chief.

18 Dec 2018 10:41 AM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP)Business
Transfer of excess reserve may pull down credit rating of RBI: Rajan

Highlighting that profit of the central bank largely comes due to devaluation of Indian currency.

17 Dec 2018 4:30 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Govt's intense pressure on RBI could undermine India's long-term...

Recognition of stressed assets significantly improved following the RBI's circular on February 12, 2018.

17 Dec 2018 3:53 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)Business
Jaitley sees 8 per cent plus GDP growth rate as polls near

Economic affairs secretary echoes minister to say a USD 10 trillion economy by 2030.

17 Dec 2018 11:02 AM IST

The GST not just made India one market by levying uniform tax rates on goods and services, it also did away with tax-on-tax prevalent in the previous system.Business
GST regime led to better savings as tax rates came down

GST rates have been lowered on an array of commonly used goods and services which resulted in monthly savings for...

17 Dec 2018 10:15 AM IST

Reserve Bank Deputy Governor Viral AcharyaBusiness
Public credit registry better for SMEs, not spl norms: Acharya

The poll-bound government has also been pitching for easing the prompt corrective action norms

15 Dec 2018 2:35 PM IST

Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.Business
India's November trade deficit narrows to $16.67 billion

India, the world's third-biggest crude importer, buys over 80 percent of its oil from overseas markets.

15 Dec 2018 10:13 AM IST

Finance minister Arun JaitleyBusiness
Avoid transient populism' in campaign, urges Arun Jaitley

He said that it is important for India Inc to flag to political parties importance of sound policies .

15 Dec 2018 3:10 AM IST

Ex-Reserve Bank governor Raghuram RajanBusiness
Privatisation of PSBs not panacea; need to cut govt mandates for PSBs:...

The calibrated reduction in SLR will continue till it reaches 18 per cent from the existing 19.5 per cent.

14 Dec 2018 5:07 PM 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 board agrees to further examine governance framework

The 18-member board also discussed the draft report on the trends and progress of banking (2017-18).

14 Dec 2018 4:25 PM IST

This is first time in 10 months that the retail inflation was below the Reserve Bank of Indias medium-term target of 4 per cent. (Representational Images)Business
WPI inflation falls to 4.64 per cent in Nov on softening food prices

WPI-based inflation stood was 5.28 per cent in October and 4.02 per cent in November last year.

14 Dec 2018 12:35 PM IST

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