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Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

Business

India's services exports up 2.8 pc to USD 18.06 bn in April

The services sector receipt or exports during April 2018 stood at USD 17.56 billion.

14 Jun 2019 7:26 PM IST

I appeal to Sonia Gandhi to rise above vote bank politics. I would also request the same from Mayawati and Mamata Banerjee, Union Minister Ravi Shankar Prasad said. (Photo: Twitter | ANI)

Business

'Cross-border data movement under new law may be allowed on basis of...

India will uphold its data sovereignty. That will not be negotiable, said IT and Telecom Minister Ravi Shankar Prasad.

14 Jun 2019 7:04 PM IST

$The Union Commerce Secretary Anup Wadhawan said, \The benefits in absolute sense and a percentage of trade involved are very minimal and moderate.$ Business

India to impose retaliatory tariff on 29 US items from June 16

A notification with this regard will be issued by the finance ministry soon, sources said.

14 Jun 2019 5:21 PM IST

At present diesel cars at Maruti, which sells one car out of two bought in the country, account for almost a third of its sales.

Business

Passenger vehicle retail sales dip 1 pc in May: FADA

Two-wheeler sales declined by 8.6 per cent to 14,07,361 units last month as compared with 15,40,377 units in the...

14 Jun 2019 2:24 PM IST

India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.

Business

India Inc revenue growth hits six-quarter low in Q4: Report

Commodity linked sectors revenue growth slowed to 12.4 percent in the January-March quarter of FY19.

13 Jun 2019 7:27 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

Business

Ficci for increasing FDI cap in insurance to 74 per cent

In line with 100 pc FDI in food retail, a similar policy could be considered for multi-brand retail in products, said...

13 Jun 2019 7:02 PM IST

The Central government is not the lone torch-bearer of the nations economic growth. The achievements and failures, the contradictions and anomalies are spread out in both the Central and state budgets.

Business

Extend tax sops to retail investors in corporate bond: Market players...

In pre-budget meeting with finance minister, markets players made suggestions on infusion of capital in niche/regional...

13 Jun 2019 4:38 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Business

India gets USD 42 billion FDI inflows in 2018: UN report

FDI inflows in developing countries in Asia registered a rise of 3.9 per cent to USD 512 billion during the last...

13 Jun 2019 9:06 AM IST

Telecom regulator Trai on Thursday mooted a concept of open architecture-based public Wi-Fi grid to bring down the cost of internet by 90 per cent.

Business

India home to world's second largest internet user base, thanks to...

Reliance Jio is one of the most innovative internet companies based outside the US, the report added.

12 Jun 2019 6:52 PM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

Business

Industrial growth at 6-month high of 3.4 per cent in April

IIP growth mainly on account of improvement in mining and power generation, according to official data.

12 Jun 2019 6:17 PM IST

Chief Economic Advisor Arvind Subramanian

Business

Government to come out with rebuttal of ex-CEA's claims on GDP numbers

Arvind Subramanian, in a paper, said India's economic growth rate has been overestimated by around 2.5 percentage...

12 Jun 2019 4:44 PM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

Business

Government dismisses Ex-CEA's claim, says accepted norms used for GDP...

India's GDP growth rate should be about 4.5 pc instead of official estimate of 7 pc, Arvind Subramanian had said.

12 Jun 2019 2:10 PM IST