Economy - Page 241

One of the most helpful sections of the Income-Tax Act is Section 80C that allows you a deduction of Rs 1.5 lakh.

A ready reckoner for 80C tax savers

As taxpayers rush to invest in tax-saving products in the last quarter of the financial year, here are some options for...

25 Jan 2019 12:23 AM IST

Brokerages expect government to meet and even exceed disinvestment target with multiple disinvestment projects in the pipeline.

Business

Brokerages hopeful of govt meeting FY19 disinvestment target

Government has garnered Rs 35,134.76 crore or 43.92 per cent of the divestment target of Rs 80,000 crore for FY 18-19.

24 Jan 2019 11:17 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 making u-turn, seen shifting to neutral in Feb, cutting rates by...

The RBI's mandate is to control price pressures, which historically have been difficult to tame in India.

24 Jan 2019 10:49 AM IST

Business

Piyush Goyal to head finmin till Arun Jaitley is back

Mr Arun Jaitley is currently undergoing medical treatment in the United States.

24 Jan 2019 12:19 AM IST

Business

Urbanisation to be big driver of Indian economic growth: Kant

Kant said IMF has forecast 7.5 per cent growth for India despite a gloomy outlook for the global economy.

23 Jan 2019 1:01 PM IST

Legal issues have almost stalled industrial development in SPSR Nellore district.

Business

India's industrial activity likely to remain subdued in near term:...

Industrial output growth dropped to a 17-month low of 0.5 per cent in November.

23 Jan 2019 12:47 PM IST

Dr rajan said India will become bigger than China eventually as China would slow down and India would continue to grow.

Business

India will surpass China, says Raghuram Rajan

So India will be in a better position to create the infrastructure in the region which China is promising today.

23 Jan 2019 1:40 AM IST

A slower job creation despite higher economic growth would fail to bridge the income inequality among people.

Business

12 states fail on jobs, despite faster growth, says Crisil

Collectively states are now spending more on capital expenditure than the Centre.

22 Jan 2019 12:25 AM IST

Retail sales growth slowed to nine per cent, down from a 10.2 per cent increase the previous year. In December, sales grew 8.2 per cent.

Business

China economy grows slowest in 29 years

Economists expect Chinese economy to slow down further.

22 Jan 2019 12:19 AM IST

National Flag of the Peoples Republic of China (Photo: PTI)

Business

China's economy slumps to 28 year low to 6.6 per cent in 2018

China's rate of expansion has raised worries about the potential knock-on effect on the global economy.

21 Jan 2019 10:44 AM IST

According to data available with the depositories, FPIs withdrew a net amount of Rs 3,987 crore from equities and a net sum of Rs 53 crore from the debt market.

Business

FPI outflow crosses Rs 4,000 crore in Jan so far

India offers better investment opportunities due to consistent growth, supportive global factors and attract valuations.

21 Jan 2019 10:15 AM IST

Frances improvement in 2019 will depend on the continued relative stren-gth of the euro against the UKs pound, but much depends on how Brexit turns out, it said.

Business

India may surpass United Kingdom to become 5th richest

Britain likely to get relegated to 7th rank behind France.

21 Jan 2019 12:14 AM IST