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Business, Economy, 08 Jun 2018
Economic growth may cross 8 per cent in next 2 years, says Prabhu
India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March quarter of last fiscal.
08 Jun 2018 4:52 PM
Bank of India hikes lending rate based on MCLR by 0.10 per cent
The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.
08 Jun 2018 1:34 PM
FDI in India rises to USD 61.96 billion in 2017-18, says govt
FDI inflows stood at USD 60 billion in the previous fiscal.
08 Jun 2018 1:07 PM
Notice shot off to businesses for less IGST input credit claim
The analytics was conducted based on data between July to March - the first nine months of GST rollout.
08 Jun 2018 12:59 PM
Working to rationalise GST rates, says Shiv Pratap Shukla
The MoS Finance said a big announcement from the government regarding GST is imminent.
08 Jun 2018 12:00 PM
Important for India to address banking crisis to support investment: IMF
Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.
08 Jun 2018 9:59 AM
IMF welcomes RBI decision to hike interest rates
In January 2014 RBI had increased the repo rate to eight per cent to keep the inflation under check.
08 Jun 2018 9:41 AM
RBI’s rate hike upsets Modi's election year budget maths
Rate hike will push up govt’s interest financing cost and add to the fiscal deficit pressure on one hand.
08 Jun 2018 9:15 AM
Bank merger back on table, Piyush to meet bank chiefs
Meeting is also expected to take a call on issuance of recapitalisation bonds for some of the weak banks.
08 Jun 2018 8:52 AM
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