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The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

Manufacturing PMI eases to 55.1 in September

Economists in a Reuters poll had predicted that the PMI would be at 55.8

4 Oct 2022 9:53 AM IST

Union Finance Minister Nirmala Sitharaman speaks during a post-budget interaction with Confederation of Indian Industrys (CII) National Council, in New Delhi, Saturday, Feb. 5, 2022. (PTI)

FM Sitharaman to India Inc: What stops you from investing

FM expressed concerns over an issue of payment of dues to micro, small, and medium enterprises and asked big corporates...

14 Sept 2022 7:53 AM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collection rises 28 pc in August to Rs 1.43 lakh cr

The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore...

1 Sept 2022 1:13 PM IST

Billionaire Mukesh Ambani.

Mukesh Ambani buys Dubai's costliest home ever for his son

The beach-side mansion sits in the northern part of Palm Jumeirah and has 10 bedrooms, a private spa, and indoor and...

29 Aug 2022 11:00 AM IST

Reports also suggest that Pixel 5a 5G, which launched yesterday, was possibly the last smartphone of Google that shipped with a charger. (ANI Photo)

Common charger for all electronic devices: Govt to meet industry...

The sector-specific associations, industry bodies CII and FICCI and representatives from IIT Delhi and IIT BHU will be...

17 Aug 2022 11:27 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

Apex bank tames recovery agents

The RBI asked lenders to strictly ensure that their collection agents do not intimidate borrowers or resort to...

13 Aug 2022 11:14 AM IST

The company runs on an asset-light model to fund scooters and uses scooters indigenously made by Indian electric manufacturers.

Passenger vehicle sales rise 11% in July: Siam

The Society of Indian Automobile Manufacturers (Siam) said on Friday that car dispatches jumped 10 per cent to 1,43,522...

13 Aug 2022 11:03 AM IST

Tata Motors said India operations showed significant improvement in the second quarter as compared to a year ago. However, the supply chain issues and commodity inflation impacted the margins. Representational image/DC

Tata Motors to build 1180 e-buses for Bengal government

Mamata government has entrusted the automobile giant for building, operating and maintaining 1,180 electric buses in...

3 Aug 2022 8:04 PM IST

The move by the government aims at not only improving the quality of BSNL services and de-stressing the balance sheet, but also to expand the fibre reach of the company. (Representational image: PTI file)

Cabinet approves 1.64L-crore plan to revive BSNL

The government is also approving sovereign guarantee bond issuance for the cash-crunched BSNL to repay its bank loans

28 July 2022 7:42 AM IST

GST has helped interstate movement of goods. Representational Image. (DC File Image)

Wholesale food grain trade exempted from GST levy

The government has clarified that the new GST is applicable only on pre-packed and pre-labelled products weighing up to...

19 July 2022 4:33 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Over 1.12 lakh shell firms struck off since 2019

In 2019, the government informed that the CBI had registered 30 cases against 104 shell companies in the four years

19 July 2022 4:31 AM IST

Union Finance Minister Nirmala Sitharaman during a pre-Budget photo session, on the eve of presentation of Budget 2022-23 in the Parliament, in New Delhi, Monday, Jan. 31, 2022. (PTI Photo/Manvender Vashist)

FM: Public capex key to India's long-term growth

Nirmala Sitharaman on Friday said that India's long-term growth prospects were embedded in public capital expenditure...

16 July 2022 12:35 PM IST