Home » Business » Economy

Economy - Page 51

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

'Unprecedented' situation in financial sector: NITI Aayog Vice...

GDP growth is set to slow further in April-June quarter of this year to 5.7 pc amid contraction in consumption, weak...

23 Aug 2019 10:45 AM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

EPFO approves changes in Employees' Pension Scheme to restore...

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement...

22 Aug 2019 6:46 PM IST

US President Donald Trump

Report shows US deficit to exceed USD 1 trillion next year

Federal debt, which is already high by historical standards, is on an unsustainable course, said Phillip Swagel of CBO.

22 Aug 2019 5:48 PM IST

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

India's petrol imports in July hit highest in at least eight years

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

22 Aug 2019 2:59 PM IST

Shaktikanta Das

RBI minutes to cap yields; revives expectations for further policy...

RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to...

22 Aug 2019 11:55 AM IST

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

India's GDP growth set to slow further in Apr-Jun qtr to 5.7 pc:...

India's economic growth slowed to 6.8 per cent in 2018-19 - the slowest pace since 2014-15.

21 Aug 2019 12:32 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

FinMin mulls stress fund for infra sector: Housing Secretary Mishra

As my information, the discussion for stress fund is on in the Finance Ministry, said Housing Secretary Durga Shanker...

19 Aug 2019 6:55 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Task force on Direct Tax Code submits report to FM

The details of the report, however, could not be known immediately.

19 Aug 2019 5:51 PM IST

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

Passenger vehicle retail sales fall 11 pc in July: FADA

Passenger vehicle sales in July declined 11 per cent to 2,43,183 units.

19 Aug 2019 3:56 PM IST

Shaktikanta Das

Time has come for banks to link loans, deposits to repo rate: RBI Gov...

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks...

19 Aug 2019 12:40 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:50 PM IST

Finance Ministry

FinMin asks PSBs to seek ideas from branches to streamline banking...

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM IST