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The industrial growth entered negative territory in June shrinking by 0.1 per cent mainly due to decline in manufacturing and capital goods sectors.Business
India's Nov manufacturing PMI sees fastest pace of growth since Oct...

Nikkei India Manufacturing Purchasing Managers' Index rose from 50.3 in October to 52.6 in November.

1 Dec 2017 11:20 AM IST

The IMF downgraded its outlook for advanced economies this year by 0.2 percentage points to 1.6 percent but raised it slightly for emerging and developing economies to 4.2 percent.Business
IMF to update India's growth rate forecast in January

Recently US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2.

1 Dec 2017 9:52 AM IST

Former Union finance minister and senior Congress leader P Chidambaram (Photo: PTI)Business
Growth rate below Modi's promise: P Chidambaram

The rate of growth of gross fixed capital formation increased from 1.6 per cent in the first quarter to 4.7 per cent in...

1 Dec 2017 12:25 AM IST

Finance Minister Arun Jaitley on Sunday once again hinted that there is scope for lesser slabs under the Goods and Services Tax. Photo: ANI| TwitterBusiness
12, 18 per cent GST rates to be merged; luxury items in 28 per cent...

Merging of 12 and 18 per cent slab mean some items in 12 per cent bracket will be sent to 5 per cent.

30 Nov 2017 6:47 PM 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
GDP expands by 6.3 per cent in September quarter

GDP growth had hit a three year low of 5.7 per cent in the first quarter of 2017-18.

30 Nov 2017 6:04 PM IST

For over a year, India had been the fastest growing economy, second only to China. This has now changed.Business
India's GDP growth breaks five-quarter slide, jumps to 6.3 per cent in...

Government figures showed Asia's third-largest economy expanded for the first time in five quarters.

30 Nov 2017 5:50 PM IST

Finance Minister Arun Jaitley at the 22nd meet of the GST Council on Friday declared that each exporter will get an e-wallet where a notional amount will be paid to him/her as advance credit through which they can pay their taxes.Business
Intend to move on track on fiscal deficit glide path: Arun Jaitley

Government has budgeted to bring down fiscal deficit to 3.2 per cent of GDP in 2017-18.

30 Nov 2017 5:39 PM IST

NITI Aayog has been urging states to improve infrastructure and encourage public private projects.Business
India's infrastructure output grows 4.7 per cent in October:...

Growth in output compares with a downwardly revised 4.7 per cent year-on-year growth in September.

30 Nov 2017 5:33 PM IST

elecom Minister Manoj SinhaBusiness
Digital India to create Internet access to all: Manoj Sinha

Since January 1, 2017, more than 26.7 billion digital transactions have been completed in India.

30 Nov 2017 4:38 PM IST

The Karnataka Development Authority has instructed the banks that a Kannada unit must be established in all the branches. (Photo: PTI/Representational)Business
Fitch may revise banks' rating if recapitalisation done early

Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.

30 Nov 2017 4:22 PM IST

Finance Minister Arun Jaitley took to social media to mark the one-year anniversary of demonetisation with his note A year After Demonetisation. (Photo: PTI)Business
India has standardised itself for 7-8 per cent growth, says Jaitley

India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

30 Nov 2017 3:38 PM IST

Union Finance Minister Arun JaitleyBusiness
Jaitley indicates merger of 12 per cent, 18 per cent GST slabs

Jaitley said GST started with different tax rates and they have rationalised rates on many items.

30 Nov 2017 3:38 PM IST

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