Monday, May 17, 2021 | Last Update : 09:11 AM IST

Madhusudan Sahoo

There were only three bidders this year -- Airtel, Vodafone Idea and Reliance Jio -- against seven bidders during the last spectrum auction in 2016. (PTI file photo)

Spectrum auction fetches Rs.77,814 cr, Reliance Jio emerges biggest buyer

Over 855.60 MHz of airwaves were bought for Rs 77,814.80 crores in two days of auction after six rounds of bidding

03 Mar 2021 8:26 AM

The positive growth — though not very strong yet — has taken the Indian economy out of the recession. (Photo: PTI)

Indian economy in +ve zone, grows 0.4%

The size of the economy had shrunken in the April-June and July-September quarters, pulling down the country into a technician recession

27 Feb 2021 4:54 AM

Finance Minister Nirmala Sitharaman (Image source: PTI)

Budget 2021: India opens purse strings

The Budget also focused broadly on vaccines, nutrition, infrastructure, education and farmers

02 Feb 2021 12:17 PM

Manufacturing PMI expands to 13-year high in October, signals economic recovery

The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery

02 Nov 2020 7:36 PM

GST collections cross Rs 1L crore for the first time after COVID-19 hit India

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

01 Nov 2020 8:18 PM

Despite the significant rebound, firms cut staff for the sixth month in a row (PTI photo)

India's manufacturing activity gains momentum despite job losses

On the price front, the survey also observed that there was a softer and historically weak rise in input costs

01 Oct 2020 9:54 PM

Insurers have paid out Rs 1400 crore since the pandemic began.

So you thought corona was good for insurance companies?

It's great that everyone's taking health insurance but for insurance companies the claims are mounting

18 Sep 2020 1:06 PM

The latest GDP data released by India indicated a steep contraction of 23% in the economy. (AP file photo)

Finally, it falls to the farmer to rescue salvage India's parlous GDP

Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India

01 Sep 2020 9:56 AM

The present chairman incumbent, Rajnish Kumar, is on extension post-retirement

SBI calls for MDs for interview over chairman post

While the interviews are for the chairman's position, the bank will soon have a vacancy for an MD too after Arijit Basu retires

24 Aug 2020 7:00 PM

India's economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)

Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in at least eight years

30 May 2020 11:17 AM

India's finance minister Nirmala Sitharaman. (PTI)

In first tranche of stimulus, MSMEs to get collateral-free loans to restart business

Employees' Provident Fund contributions will be paid by government for next three months

14 May 2020 9:44 AM

Finance Minister Nirmala Sitharaman (Photo- PTI)

Key tax, other deadlines extended; ATM charges waived

Govt to announce economic package soon to cushion impact of coronavirus, says Sitharaman

24 Mar 2020 8:09 PM

A source said the EPFO’s earnings on debt market instruments, including government securities and fixed deposits, have been negatively impacted this fiscal.

EPFO cuts interest rate to seven-year low of 8.5 per cent

A government official said the retirement fund would have incurred a loss had it retained the interest rate at last year’s level of 8.65 per cent.

06 Mar 2020 2:57 AM

Govt mulls move to tackle corona effect on economy

According to the first advanced estimates of Central Statistical Office, India’s GDP is expected to grow at 5 per cent in 2019-20, a 10-year low.

19 Feb 2020 2:01 AM

Union finance minister Nirmala Sitharaman

Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

02 Feb 2020 5:23 AM

Fiscal deficit target 3.8 per cent

The deficit target for the coming fiscal year starting April 1 was widened to 3.5 per cent.

02 Feb 2020 3:32 AM

Survey predicts growth rise to 6-6.5 per cent in 2020-21

Sitharaman will present the Union Budget in the Lok Sabha at 11 am on Saturday.

01 Feb 2020 1:51 AM

The government was forced to import onion in a bid to contain prices, which have cooled down now to around Rs 58-60/kg from the peak of over Rs 160/kg in the last few months.

Centre may offer imported onion at Rs 20/ kg to states

The prices of these onions will also be fixed depending upon the demand and consumption at various states.

31 Jan 2020 1:35 AM

The government aims to allay corporate India’s fears about harsh laws that lead to heavy penalties and years of jail for violations, and encourage companies to invest more to help the economy achieve the $5-trillion target by 2024, a top source said.

Farmers may not get big package this time

The middle-class is expected to get some tax relief but sops for farmers look unlikely this time.

28 Jan 2020 1:29 AM

Sensing a likely shortage of urad dal in the months ahead, the government plans to relax the time limit for importing the commodity by three months.

Urad import rules eased to avert shortage

The industry is expecting a shortage of the lentil and has urged the Centre to remove quantitative curbs on urad.

20 Jan 2020 1:52 AM

1 of 6

Columns

Sanjaya Baru