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India's GDP growth forecast cut to 7.9 per cent: Morgan Stanley

The report saw upside risks of 0.5 per cent of GDP to the fiscal deficit target of 6.4 per cent of GDP for FY23

13 Mar 2022 12:10 PM

Credit card spends, transactions decline in January

All large players reported a decline in monthly spends per card with the highest fall seen by IndusInd Bank

09 Mar 2022 9:45 AM

Petrol, diesel price hikes to restart from next week

International crude oil prices shot above USD 110 a barrel for the first time since mid-2014

02 Mar 2022 1:07 PM

GST collection up 18 per cent at over Rs 1.33 lakh crore in Feb

The February mop-up was impacted by the Omicron wave that swept through the country

01 Mar 2022 2:11 PM

India registers 5.4 per cent economic growth in Q3

The loss of momentum in GDP growth in the third quarter was mainly due to the waning of the favourable base effect

01 Mar 2022 6:55 AM

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Oil bill to exceed $100 bn this fiscal

The country's import dependence has increased this fiscal owing to a steady decline in domestic output

28 Feb 2022 3:00 AM

Moody's ups India's growth forecast to 9.5% for 2022; flags high oil prices

Moody's said Goods and Services Tax (GST) collection, retail activity and Purchasing Managers' Index (PMI) suggest 'solid momentum'

24 Feb 2022 10:49 PM

Inflation breaches RBI band in January

The RBI, which mainly factors in the CPI-based inflation, has been tasked to keep the inflation at 4%, with margin of 2% on either side

15 Feb 2022 9:25 AM

EPFO to take call on interest rate for 2021-22 in March

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021

14 Feb 2022 12:53 AM

Retail inflation contained at 6.2% despite biggest contraction in economy: Sitharaman

The finance minister stated that the objective of the budget is a stable and sustainable recovery in the economy

11 Feb 2022 11:46 AM

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RBI maintains status quo; leaves repo rate unchanged at 4 per cent

RBI retained its growth projection at 9.2 per cent and inflation at 5.3 per cent for the current financial year

10 Feb 2022 10:53 AM

India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital rupee' soon

06 Feb 2022 11:16 AM

RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

02 Feb 2022 7:34 AM

Spectrum auction, 5G services roll-out this year

The telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities, the FM said

02 Feb 2022 7:05 AM

FM presents 'amrit kaal' Budget; gives 'booster shot' for growth, big digital push

35 per cent more money to create infra; greater focus on tech on road to India@100

02 Feb 2022 6:44 AM

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I-T returns can be updated in two years to correct any errors

This will avoid the lengthy process of litigation if the department finds that some income has been missed out by the assesse

02 Feb 2022 2:06 AM

Cryptos to stay with 30 pc tax; digital rupee next fiscal

The gift of virtual digital assets will be taxed in the hands of the recipient

02 Feb 2022 2:03 AM

Budget will fast track economic recovery: ICC

The Indian Chamber of Commerce (ICC) has appreciated the growth oriented policy direction of the Union Budget

01 Feb 2022 4:47 PM

Budget 2022: Highest GST collections, no tax reforms for salaried class

The finance minister began the presentation by expressing empathy to those who died due to COVID-19

01 Feb 2022 1:46 PM

Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 % cent this year

Services sector worst hit by COVID-19 pandemic; agriculture the least affected

31 Jan 2022 3:06 PM

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