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  Business   Economy  27 Feb 2019

Business, Economy, 27 Feb 2019

UBS sees RBI getting into an aggressive easing mode in FY20

CPI inflation is likely to remain below 4 per cent until October and averages at 3.8 percent in FY20.

27 Feb 2019 5:25 PM

India's economy seen losing momentum ahead of election

Economic growth could suffer from a possible slowdown in state spending in the two months before the election.

27 Feb 2019 4:52 PM

Panel to overhaul direct tax law seeks 3 months extension

The panel was initially supposed to submit its report to the government, within 6 months, by May 22, 2018.

27 Feb 2019 3:52 PM

Sugar mills contract to export 20 lakh tonnes so far in 2018-19

Of the total contracts, about 8-10 lakhs have already been shipped overseas, ISMA Director General Abinash Verma said.

27 Feb 2019 3:48 PM

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per cent, respectively.

27 Feb 2019 2:34 PM


India may impose anti-dumping duty on a certain type of sheet used in solar cell

The commerce ministry's dumping investigation arm DGTR has recommended the duty in the range of USD 537 to USD 1,559 per tonne.

27 Feb 2019 2:17 PM

Approval granted for purchase of defence equipment worth Rs 2,700 cr

The meeting of the council, the highest decision-making body for defence purchase, was chaired by Defence Minister Nirmala Sitharaman.

27 Feb 2019 1:52 PM

Fund infusion into PSBs not sufficient to support lending growth: Fitch

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 1:03 PM

Indian consumption to hit Rs 335 lakh crore by 2028: Study

Going ahead, a GDP growth of 7.3 per cent between 2018 and 2023 and 6.2 per cent between 2023 and 2028 will fuel consumption growth.

27 Feb 2019 1:39 AM