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  Business   Economy  31 Jan 2017

Business, Economy, 31 Jan 2017

FY16 GDP estimates revised to 7.9 pc from 7.6 pc

Economic Survey 2017 has lowered GDP growth forecast for current fiscal 2016-17 to 6.5 per cent.

31 Jan 2017 6:24 PM

Subsidy bill up 5 per cent in Apr-Nov 2016: Survey

Subsidy bill was Rs 2,41,856.58 crore for 2015-16 (revised estimates).

31 Jan 2017 4:47 PM

'Operation Clean Money to track large deposits'

Revenue Secretary Hasmukh Adhia says govt will question taxpayers who deposited over Rs 5 lakh post-note ban.

31 Jan 2017 3:43 PM

Inflation to be below 5 per cent in FY17: Survey

Indian economy has continued to consolidate gains achieved in restoring macroeconomic stability.

31 Jan 2017 3:10 PM

UBI to replace social welfare schemes: Survey

Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP.

31 Jan 2017 2:59 PM


Economic survey stresses on establishing PARA

The agency will take care of the most difficult cases and politically decisions on reducing the debt.

31 Jan 2017 2:53 PM

Rail Budget to earmark Rs 20,000 cr for safety

Jaitley will discard separate Rail Budget and instead make it part of the General Budget.

31 Jan 2017 1:44 PM

Economic Survey 2017 lowers FY17 GDP at 6.5 pc

Finance Minister Arun Jaitley presents Survey that predicts GDP will rebound to 6.75-7.5 per cent in FY18.

31 Jan 2017 12:59 PM

Economic Survey 2017 may recommend UBI

Survey is also expected to lower GDP growth estimate to 6.5 per cent for 2016-17, reports BloombergQuint.

31 Jan 2017 10:58 AM

BoJ lifts growth forecasts on global outlook

Despite the more upbeat outlook, the bank kept its monetary-easing measures and inflation projections unchanged.

31 Jan 2017 9:16 AM