Home » Business » Economy

Economy - Page 42

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

14.24 lakh new jobs created in July: ESIC payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, National Statistical Office said in a...

25 Sept 2019 7:43 PM IST

Govt reconstitutes Economic Advisory Council under Bibek Debroy

Government has reconstituted the EAC-PM for a period of two years with effect from September 26, 2019, said an official...

25 Sept 2019 7:19 PM IST

Hackers used the global SWIFT bank messaging service to initiate a series of fraudulent transactions.

RBI rebuts social media rumours on closure of 9 banks

Finance secretary Rajiv Kumar discribed such social media messages as 'mischievous.'

25 Sept 2019 5:30 PM IST

NITI Aayog CEO Amitabh Kant addresses at press conference for the launch of the schemes Lucky Grahak Yojana and Digi-dhan Vyapari Yojana to encourage digital payments, in New Delhi. (Photo: PTI)

Challenge before India is to grow at 8-9 pc and sustain it: Kant

The government also announced a slew of measures to boost exports and real estate sector.

25 Sept 2019 1:34 PM IST

Though the growth rates of output, consumption and investments are comparable in the period running up to the financial market-induced crises as in the run-up to other types of downturns in emerging market crisis, a further analysis revealed that the contractions are much sharper following financial market induced crisis that other types of downturns.

Trade tensions darken growth outlook for developing Asia: ADB

Growth in the region was 5.9 per cent in 2018.

25 Sept 2019 12:33 PM IST

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

Trade tensions darken growth outlook for developing Asia: ADB

ADB maintained India's 7.2 per cent growth projection for next year.

25 Sept 2019 9:15 AM IST

Shaktikanta Das

Corp tax cut makes India attractive destination for investment: Das

Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.

24 Sept 2019 2:40 PM IST

Mills are expecting revenue realisation of over Rs 5,000 crore from sale of ethanol to OMCs during the 2017-18 sugar season.

Closed sugar mills may see revival soon as govt mulls ethanol...

Union Minister Nitin Gadkari said land of the sugar mills can be utilised for ethanol production from sugar.

23 Sept 2019 6:51 PM IST

Minister of Road Transport and Highways Nitin Gadkari. (Photo: PTI)

No need to ban petrol, diesel vehicles; EVs picking up momentum...

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin...

23 Sept 2019 6:27 PM IST

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Govt estimates kharif crop output at 140.57 MT in 2019-20

Foodgrains production stood at 141.71 million tonnes (MT) in the kharif season of the 2018-19 crop year (July-June).

23 Sept 2019 4:48 PM 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)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST

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

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM IST