Wednesday, May 25, 2022 | Last Update : 10:24 PM IST

Madhusudan Sahoo

Analysts fear that with such hike in overall inflation, not only in food prices but also in global fuel prices, would be reflected in the April 2022 numbers. — Representational image/DC

Retail inflation in March nears 7%

As the data, the prices of palm oil, the world's most consumed vegetable oil, surged nearly 50 per cent this year

13 Apr 2022 9:31 AM

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the second part of Budget Session of Parliament, in New Delhi, Friday, March 25, 2022. (PTI photo)

Lok Sabha passes Finance Bill

The Union Budget 2022-23 had proposed taxing crypto assets at the rate of 30 per cent, effective from April 1

26 Mar 2022 1:11 AM

As per the ministry's data, the GDP at constant (2011-12) prices in Q3 of 2021-22 is estimated at Rs 38.22 lakh crore against Rs 36.26 lakh crore in Q3 of 2020-21, showing a growth of 5.4 per cent. (Representational Image/ PTI)

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

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

Union Finance Minister Nirmala Sitharaman holds a folder-case containing the Union Budget 2022-23 as she poses for a photograph with the Finance Ministry officials, outside the North Block, in New Delhi, Tuesday, Feb. 1, 2022. (PTI Photo/Shahbaz Khan)

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

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)

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

Tata Sons Chairman N. Chandrasekaran called on Honourable Finance Minister Nirmala Sitharaman today. He thanked her for the successful closure of the Air India transaction. (Photo: Twitter)

Air India back with Tatas

Ratan Tata vows to restore image of airline

28 Jan 2022 12:49 AM

The conversion will lead to dilution of the holdings of all the existing shareholders of the firm, including the promoters. Post-conversion, it is expected that the government will hold around 35.8 per cent of the total outstanding shares of the company, and that the promoter shareholders would hold around 28.5 per cent (Vodafone Group) and 17.8 per cent (Aditya Birla Group), respectively. — DC Image

Government to be largest shareholder in Vi

The company informed telecom department that it would opt for converting the interest on spectrum and AGR dues into government equity

12 Jan 2022 10:22 AM

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)

GST council puts off rate hike on textiles

The matter has been referred to the tax rate rationalisation committee and it will be discussed again at the next meeting of the council

01 Jan 2022 7:13 AM

Dey also introduced a new concept of business development officers (BDO), by which 50 per cent officials will focus on marketing the insurer's products. — orientalinsurance.org.in

Oriental weighs options in resizing network

OIC CMD Anjan Dey asked the officers to identify profitable products and lines of business, besides improving the claim settlement ratio

10 Dec 2021 9:07 AM

Union Finance Minister Nirmala Sitharaman — PTI

Crypto bill to be tabled after cabinet nod: FM

This is a risky area and not in a complete regulatory framework. No decision was taken on banning its advertisements

01 Dec 2021 10:49 AM

The manufacturing sector, which contracted by 1.5 per cent in Q2 FY21, staged a robust comeback with a growth of 5.5 per cent in the second quarter. (Representational Photo:AFP)

GDP grows 8.4% in Q2 amid positive signals in economy

The official data Tuesday also showed that the economy has surpassed the pre-Covid level

01 Dec 2021 1:43 AM

M.R. Kumar, chairman, LIC of India and chairman, National Insurance Academy (NIA) governing board. (Photo: PTI)

LIC chief calls for joint efforts to address protection gaps

For an emerging economy, protection gaps may pose multiple problems, according to LIC

18 Oct 2021 8:22 AM

In 2020, the government had infused Rs 12,000 crore in some companies which are holding about 40 per cent market share in the general insurance space. Representational Image. (PTI)

Insurers pruning branch networks

The government's focus has now shifted more towards consolidation and profitability than expansion, and hence, the restructuring exercise

11 Oct 2021 2:42 AM

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help them to clear their balance sheets. — PTI

Bad bank to get Centre’s boost

Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank

17 Sep 2021 7:58 AM

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

Government gives Rs.30,600 crore guarantee to set up 'Bad Bank'

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help clear their balance sheet

17 Sep 2021 7:01 AM

There has been a clamour from economist as well as political bosses to bring essential fuels under the GST regime to drastically bring down their prices. (Photo: PTI/File)

Petrol under GST: Council unlikely to bite the bullet

The council will be debating the most sought-after proposal at a time when fuel prices are at their highest levels

16 Sep 2021 7:28 AM

Union Ministers Ashwini Vaishnaw and Anurag Thakur during a press briefing on the Cabinet decisions, at National Media Centre in New Delhi, Wednesday, Sept. 15, 2021. (PTI/Shahbaz Khan)

Union Cabinet approves fresh lifeline for telecom sector

The package comes six weeks after Kumar Mangalam Birla resigned from the post of chairman of Vodafone Idea Ltd on August 4

16 Sep 2021 6:31 AM

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

Sign of recovery? GDP sees rise of 20 per cent in April-June

Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery

01 Sep 2021 6:53 AM

Up to Rs 5,000 crore of financial assistance is already budgeted as 50-year interest-free loan for the states for the current year, she said. — PTI

Monetisation plan unveiled

The finance minister further said the Centre will also incentivise states to monetise their public assets

24 Aug 2021 9:15 AM

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