Home » Business » Economy

Economy - Page 37

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fitch raises India's FY20 fiscal deficit forecast to 3.6 pc of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

6 Nov 2019 12:20 PM IST

According to the ISMA, mills produced 33.16 million tonne of sugar during the 2018-19 marketing year, of which sales were 25.5 million tonne.

India's sugar output likely to fall 21.5 pc in 2019-20: ISMA

ISMA had made a preliminary estimate of 28.2 million tonnes of sugar production for the 2019-20 marketing year.

5 Nov 2019 6:15 PM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

5 Nov 2019 2:59 PM IST

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 October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 12:58 PM IST

The councils Chairman Mohit Singla said India needs to move with optimism and caution on this mega trade agreement.

RCEP deal may hurt India's export competitiveness: TPCI

India's imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as...

5 Nov 2019 11:54 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Muted Diwali demand, GDP growth may fall to 5.8 pc: BofAML

Lack of consumption is seen as one of the key factors pulling down growth.

4 Nov 2019 4:29 PM IST

We have agreed to co-operate on climate protection and green urban mobility and have earmarked 1 billion euros towards this, German Chancellor Angela Merkel said in New Delhi on Saturday. (Photo: File | AP)

Germany to invest 1 billion euros for green urban mobility in India

It would be a good idea to replace diesel buses in Delhi with electric buses, said German Chancellor Angela Merkel.

2 Nov 2019 4:00 PM IST

Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

GST collections remain subdued at Rs 95,380 cr in October

The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.

1 Nov 2019 3:52 PM IST

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Core sector output shrinks by 5.2 per cent in September

The eight core sectors had expanded by 4.3 per cent in September 2018.

31 Oct 2019 5:30 PM IST

Indian women face worse prospects in almost every aspect of their daily lives education, employment opportunities, health or financial inclusion.

India among nations with most conducive environment for financial...

As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.

31 Oct 2019 3:06 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

No more FTAs signing in rush, assures Piyush Goyal

In terms of RCEP, I want to clarify that lots of wrong information are being spread, said Union Minister Piyush Goyal.

31 Oct 2019 12:54 PM IST

Indias forex reserves have shot up considerably.

Forex reserves cross USD 440 billion mark, up by USD 1.04 billion

The value of the gold reserves increased by USD 82 million to USD 26.861 billion for the week, the RBI said.

25 Oct 2019 7:55 PM IST