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

FinMin to hold review meeting with public sector banks today

The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.

19 Sept 2019 8:50 AM 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)

Fitment panel rejects GST rate cut for auto, biscuits; favours relief...

Automobile industry has long been demanding reduction in GST rate from the present 28 per cent to 18 per cent.

18 Sept 2019 7:51 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)

DPIIT notifies FDI relaxation norms in coal mining, contract...

It also notified the decision to allow 26 per cent FDI in digital media, a move over which certain industry and experts...

18 Sept 2019 7:18 PM IST

Govt doing everything possible to bring India back on high growth...

We need to think what kind of innovation we need to undertake to attain a high growth, said Niti Aayog CEO Amitabh Kant.

18 Sept 2019 6:16 PM IST

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand...

18 Sept 2019 12:42 PM IST

Finance Minister Nirmala Sitharaman (Photo: File)

'Blueprint ready': Govt mulling fourth booster dose to revive economy

Last week, the government announced a slew of measures to boost exports and the real estate sector.

18 Sept 2019 9:24 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Govt mulling another booster dose to reinvigorate economy

The blue print for the stimulus is ready that would be announced by FM Nirmala Sitharaman in the next few days, an...

17 Sept 2019 6:39 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol, diesel price see steepest hike since Budget, govt says...

Petrol price was increased by 14 paisa per litre to Rs 72.17 and diesel by 15 paisa to Rs 65.58 per litre in New Delhi.

17 Sept 2019 5:45 PM IST

Rising oil prices could cause significant inflation, dampen economic growth and alter geopolitics in multiple ways this year.

Emerging economies like India more vulnerable to big oil price moves:...

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net...

17 Sept 2019 3:00 PM IST

Vyapar today boats a customer base of 1 Million along with 4.6 app rating on Google play store.

Vyapar, Mobile Billing software for MSMEs raises Rs36 cr from...

The investment will also help the brand, to expand its network to new cities, with core focus on Technology.

17 Sept 2019 9:55 AM IST

Economic Affairs Secretary Shaktikanta Das

5 pc Q1 growth surprise; economy will look up with measures taken: RBI...

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sept 2019 7:28 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Saudi assures India of no oil supply shortage: Oil Min

A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up...

16 Sept 2019 7:17 PM IST