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For over a year, India had been the fastest growing economy, second only to China. This has now changed.

Strong Indian economy continues to lead global growth: IMF

IMF Executive Board has forecast India's growth to rise to 7.3 per cent in FY2018-19 and 7.5 pc in FY2019-20.

8 Aug 2018 9:27 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

IMF asks India to consider simpler GST rate structure

GST as presently designed has an effective tax rate rising with household consumption.

8 Aug 2018 9:20 AM IST

HDFC Bank is a major player in Indias banking sector. (Photo: PTI)

HDFC Bank raises fixed deposit rates by up to 0.6 per cent

The deposit of maturity 6-9 months would earn 6.75 per cent, 40 basis points higher than previous rate.

6 Aug 2018 3:24 PM IST

The APCSRS will help to receive and manage CSR funds while coordinating, monitoring and implementing ongoing projects connected with it. (Representational image)

CSR spends increase by 44.57 per cent to nearly Rs 14,000 cr in FY16

Total CSR spending by companies registered with it increased to Rs 13,827.86 crore from Rs 9,564.77 crore

6 Aug 2018 8:47 AM IST

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.

RBI rate hike won't affect growth much'

Oil had been a matter of concern because we are fully dependent on oil imports.

6 Aug 2018 12:44 AM IST

In a worrying sign, India reported a fiscal deficit of Rs 6.12 lakh crore for the April-November period.

Banks collect Rs 5,000 cr from customers for breaching minimum balance

SBI led the pack in penalising its customers for not maintaining minimum account balance.

5 Aug 2018 12:33 PM IST

Sanjeev Sanyal, principal economic advisor in the finance ministry.

GST slabs may reduce to 3 in long-term: Sanjeev Sanyal

Presently, there are four GST slabs of 5, 12, 18 and 28 per cent, plus the exempted category which attracts 0 per cent...

4 Aug 2018 4:12 PM IST

USD 1,685.42 per metric tonne has been imposed on import of Phosphorus Pentoxide from China.

Higher import duties on 29 US products to be effective from Sep 18:...

Duty imposed by US has affected steel exports by USD 198.6 million and aluminium shipments by USD 42.4 mn.

4 Aug 2018 12:12 PM IST

Indias Oct-Dec GDP growth is the highest quarterly growth recorded since July-September quarter of 2016-17. (Photo: PTI)

India poised for quantum GDP growth by 2030: NALCO CMD

Growth of the country will come in the Micro, Small and Medium Enterprises (MSME) sector.

4 Aug 2018 11:32 AM IST

EEPC India on Monday said Indias exports grew by 17 per cent to USD 76 billion in financial year 2017-18.

US export to India increases as bilateral trade deficit drops:...

India's export to the US in goods increased by 13.11 pc from USD 23.6 billion in 2017 to USD 26.8 billion.

4 Aug 2018 10:10 AM IST

In a worrying sign, India reported a fiscal deficit of Rs 6.12 lakh crore for the April-November period.

Analysis: RBI chooses between falling rupee and banking cash crunch

Economists suspect it may choose currency stability, regardless of how tight funding conditions get.

3 Aug 2018 2:10 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

July sees strongest service sector growth since October 2016: PMI

The seasonally adjusted Nikkei India Services Business Activity Index rose from 52.6 in June to 54.2 in July.

3 Aug 2018 11:00 AM IST