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Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.

India's trade deficit widens to more than five-year high in June

India's trade balance is further bruised by a weakening Indian rupee that hit an all-time low against the dollar last...

14 July 2018 10:06 AM IST

Finance Minister Arun Jaitley

India poised to pip Britain to become 5th largest economy next year:...

India's GDP was valued at USD 2.597 trillion at the end of 2017 overtaking the French economy.

13 July 2018 3:28 PM IST

The RBI has cancel

RBI likely to raise interest rates in August: DBS

MPC will begin its three-day meeting on July 30 and announce its decision on the third bi-monthly policy.

13 July 2018 3:16 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

States fail to meet fiscal targets for third year: RBI

Decline in states' tax revenues is essentially associated with pending accounting issues related to GST implementation.

13 July 2018 9:05 AM IST

Amount of Tax locked up to come down: Piyush Goyal

Mr Goyal said the move to hike the threshold limit is a step towards ease of doing business.

13 July 2018 12:26 AM IST

It said that retail inflation is expected to moderate to 5 per cent in January (5.2 per cent previously) and that the trade deficit narrowed to $12 billion ($14.9billion previously). (Representational Image)

Inflation hits 5 per cent; IIP slows down

Economy reels from double whammy.

13 July 2018 12:24 AM IST

The industrial growth entered negative territory in June shrinking by 0.1 per cent mainly due to decline in manufacturing and capital goods sectors.

Industrial production grows at 3.2 per cent in May

Consumer durables and Consumer non-durables recorded growth of 4.3 per cent and (-) 2.6 per cent respectively in May.

12 July 2018 6:51 PM IST

Retail inflation has picked up in October to a seven-month high, driven by faster rise in prices of food, fuel and housing.

Retail inflation accelerates to 5 per cent in June

June was the eighth straight month in which inflation was higher than the central bank's medium-term target of 4 per...

12 July 2018 6:00 PM IST

According to a March 2018 report of the Small Industries Development Bank of India (SIDBI), the NPA ratio for PMMY loans of up to Rs 10 lakh

Banks fear Mudra loans sans collateral may become NPAs

The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.

12 July 2018 9:02 AM IST

The gross collection of Corporate Income Tax (CIT) grew at 11.6 per cent during the 7 months, while that under personal income tax (PIT) the growth was 18.6 per cent over the corresponding period of last fiscal.

Why you should file Your Income Tax returns

By filing your tax returns, you can also reclaim the excess tax that you might have paid with interest.

12 July 2018 12:45 AM IST

The Reserve Bank of Indias regional office here on Friday received 14 tonnes of new Rs 500 notes worth crores of rupees to be dispatched to banks across the state.

GST Council to consider rate cut on items with low revenue impact on...

Government earned Rs 7.41 lakh crore from the tax since its roll out in July.

11 July 2018 4:09 PM IST

PM Narendra Modi and South Korean President Moon Jae-in jointly inaugurate Samsung factory in Noida (Photo: @BJP4India/Twitter)

India, South Korea aim to more than double trade to USD 50 billion

Bilateral trade between the world's seventh and 11th largest economies rose by nearly a quarter to $20.8 bn.

11 July 2018 8:46 AM IST