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The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.

RBI estimates GDP to expand at 6 pc in FY21

Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.

6 Feb 2020 7:02 AM GMT

Reserve Bank Governor Shaktikanta Das.

Reserve Bank of India keeps key policy rate unchanged at 5.15 per

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc amid low inflation, faltering economic...

6 Feb 2020 6:24 AM GMT

Prime Minister Narendra Modi speaks during an interactive session Pariksha Par Charcha 2020 with school and college students in New Delhi on Monday.

Our target is USD 5 billion of defence export in next five years: PM...

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs...

6 Feb 2020 5:51 AM GMT

Indias government is likely to issue the bonds in several tranches of at least USD 400 million each, one source said.

India may issue USD 5 billion of bonds with no foreign investment cap:...

Indiaâ€™s total planned borrowing for 2020-21 stands at USD 109.57 billion.

5 Feb 2020 8:22 AM GMT

In this, Dell Technologies lead the marked with a 29.6 per cent share of the vendor revenue in India, while Hewlett Packard stood second

Fitch says Budget light on new structural reforms

Fitch projected that the government debt will remain close to 70 per cent of GDP throughout the period to 2021-22.

5 Feb 2020 6:35 AM GMT

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India-'s service sector activity growth hits 7-year high in Jan: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December.

5 Feb 2020 6:32 AM GMT

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark.

India-'s manufacturing sector activity hits near 8-year high in...

The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January

3 Feb 2020 5:56 AM GMT

The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Budget overhang, RBI policy, Q3 earnings to decide market course this...

The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.

3 Feb 2020 4:52 AM GMT

The fiscal deficit target of 3.4 per cent of GDP is likely to slip, DK Joshi, the chief economist at the rating agency crisil said here on Friday.

Fiscal deficit target 3.8 per cent

This estimation is consistent with governmentâ€™s abiding commitment to macroeconomic stability,â€ Ms Sitharaman said.

1 Feb 2020 9:05 PM GMT

In order to achieve higher export credit disbursement a new scheme, NIRVIK is being launched, which provides for higher insurance coverage, reduction in premium for small exporters and simplified procedure for claim settlements.

Budget 2020: Exporters all set to get tax refunds

This Scheme for Reversion of duties and taxes on exported products will be launched this year.

1 Feb 2020 9:03 PM GMT

Raj Kumar served the LIC as executive director (international operations), CEO, LIC Mutual Fund Asset Management, zonal manager (I/C), Central Zone, Bhopal, ED (HRD-OD), ED (estate and office services).

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be...

1 Feb 2020 8:13 PM GMT

Representational image

India relaxes fiscal deficit, cuts taxes to spur growth

Sitharaman said the fiscal deficit target for the current financial year was now 3.8 percent of GDP, up from an earlier...

1 Feb 2020 11:24 AM GMT