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The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

1 Oct 2019 5:19 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

India Sepember manufacturing PMI unchanged from August on weaker...

This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark.

1 Oct 2019 11:33 AM IST

FPIs have been net buyers in the debt market.

India's external debt rises to USD 557.4 billion end-June 2019

Excluding the valuation effect, the increase in external debt would have been USD 12.4 billion instead of USD 14.1...

1 Oct 2019 9:15 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since...

29 Sept 2019 4:33 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durable manufacturers look forward to festive season for...

Manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact...

29 Sept 2019 3:50 PM IST

The belief is this would force departments to show efficiency and necessity for funds.

Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to...

29 Sept 2019 2:38 PM IST

So every now and then, we get these fantastic cases which have fantastic amounts and claims. They have dimensions to the competition law which many countries -- which are so-called free economies -- are struggling to understand and disaggregate so that they can handle each aspect for itself, Sitharaman said. (Photo: ANI)

Govt looks to push infra spending, has cleared MSME dues: FM...

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been...

27 Sept 2019 6:48 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sept 2019 11:00 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Economic growth to improve in second half of fiscal 2020: Sitharaman

India's economic growth in April-June fell to a six year low of 5 per cent.

27 Sept 2019 10:08 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers...

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sept 2019 10:31 PM IST

Indian Prime Minister Narendra Modi speaks as he hosts a special event commemorating the 150th anniversary of Mahatma Gandhi during the United Nations General Assembly at UN headquarters in New York on Tuesday. (Photo: AP)

PM Modi urges global business leaders to invest in India

By reduction corporate tax govt creates a golden opportunity & promised more measures to improve business climate.

26 Sept 2019 9:41 AM IST

Prime Minister Narendra Modi (Photo: PTI)

Modi's big tax cut unlikely to spur job bonanza in India

India's unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.

26 Sept 2019 9:24 AM IST