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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.Business
RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

6 Feb 2020 12:32 PM IST

RBI Governor Shaktikanta Das.Business
Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation,...

6 Feb 2020 11:54 AM IST

Prime minister Narendra ModiBusiness
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 11:21 AM IST

Foreign investment is allowed subject to certain conditions, which require products to be of a single brand only and to be sold under the same brand globally. (Representational Image)Business
India may issue USD 5 billion of bonds with no foreign investment cap:...

India's total planned borrowing for 2020-21 stands at USD 109.57 billion.

5 Feb 2020 1:52 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)Business
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 12:06 PM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.Business
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 12:01 PM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.Business
India's manufacturing sector activity hits near 8-year high in January

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

3 Feb 2020 11:26 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.Business
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 10:16 AM IST

The new personal income tax rates will entail estimated revenue forgone of Rs 40,000 crore per year.Business
New tax regime gives with one hand, takes away with the other

Analysts claim there won't any great savings under new tax regime.

2 Feb 2020 5:39 AM IST

Union finance minister Nirmala SitharamanBusiness
Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

2 Feb 2020 5:23 AM IST

The private healthcare sector and medical equipment manufacturers have something to cheer about this years budget.Business
Viability gap funding set to cheer up private health sector

The viability gap funding window will be provided to hospitals which are setting up centres in tier II and III cities.

2 Feb 2020 4:20 AM IST

Finance minister Nirmala SitharamanBusiness
Finance minister takes care of many concerns of MSMEs

According to the minister, more than five lakh MSMEs have benefitted from restructuring of debt permitted by RBI in the...

2 Feb 2020 4:02 AM IST

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