Top
Home » Business » Economy

Economy - Page 389

The IMF wants advanced economies like Germany and the United States to channel more public spending into infrastructure investment to help boost global growth. (Photo: AFP)Business
Not endorsing UBI in India: IMF Fiscal Affairs Director Vitor Gaspar

The reports emerged after the IMF said said the UBI will outperform the PDS in terms of coverage, progressivity, and...

15 Oct 2017 6:45 PM IST

The Reserve Bank of India (RBI) refused to share details of a decision to put the logo of Prime Minister Narendra Modis Swachh Bharat Abhiyan on the new Rs 500 and Rs 2,000 notes.Business
Why do Rs 500, Rs 2,000 notes bear Swachh Bharat logo? RBI refuses to...

Replying to an RTI query, the RBI also did not give a copy of the guidelines on the printing of advertisement on notes.

15 Oct 2017 5:44 PM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.Business
GoM on GST composition scheme holds first meeting today

The GST Council, in its last meeting, hiked the threshold for availing of the composition scheme to Rs 1 crore.

15 Oct 2017 5:15 PM IST

RBI on Wednesday kept repo rate unchanged at 6 per cent. (Photo: AFP)Business
December rate cut likely post September's soft CPI inflation print:...

The RBI earlier this month kept the key interest rate unchanged at 6 per cent, citing upward trend in inflation.

15 Oct 2017 4:24 PM IST

State Bank of IndiaBusiness
FinMin may finalise capital infusion plan for public sector banks by...

The government followed a similar strategy in 2008 when it sold bonds to subscribe to nearly 60 per cent of SBI's rights...

15 Oct 2017 3:45 PM IST

Nitin Gadkari, the Union Minister for Road Transport and HighwaysBusiness
India starts implementation of motor pact with Bangladesh, Nepal

The minister said that Bhutan has suggested that Bangladesh, India and Nepal may consider implementation of the MVA.

15 Oct 2017 1:35 PM IST

Despite IMFs downward revision of Indias growth rate and a slight upward revision of Chinas growth projections, India continues to be the fastest growing countries among emerging economies.Business
No room for complacency, global economic recovery incomplete: IMFC

The committee also warned against excessive volatility in exchange rates, saying it may adversely impact economic...

15 Oct 2017 12:33 PM IST

Food inflation was 5.91 percent last month, slower than 8.35 percent recorded in July.Business
Economic slowdown bottomed out, GDP likely to be 7 per cent in FY18:...

The economic growth slowed to 7.1 per cent in 2016-17, the year in which 87 per cent of the currency was demonetised.

15 Oct 2017 11:49 AM IST

Finance Minister Arun Jaitley at an event. (Photo: File/PTI)Business
Never talked about fiscal stimulus, media did: Jaitley

Finance Minister Arun Jaitley's remarks came amidst an increased speculation over a possible fiscal stimulus.

15 Oct 2017 11:30 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTIBusiness
FPIs invest USD 1.5 billion in debt markets in Oct so far

However, in view of higher stock valuations, FPIs pulled out Rs 1,775 crore from equities during this period.

15 Oct 2017 11:13 AM IST

IMF chief Christine Lagarde on Sunday said the Indian economy is on a \very solid track\ in the mid-term. (Photo: AP)Business
Indian economy on 'solid track'; GST, note ban 'monumental effort':...

IMF chief Christine Lagarde it is hardly surprising that there 'is a little bit of a short-term slowdown' as a result of...

15 Oct 2017 10:56 AM IST

Union Finance Minister Arun Jaitley (Photo: PTI)Business
GST, note ban were right economic policies, not populism: Jaitley

He took a shot at his critics who claimed that demonetisation hurt the Indian economy, at least in the short-run.

15 Oct 2017 10:40 AM IST

X