Economy | The Asian Age

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Finance Minister Arun Jaitley. (Photo: AP)

GST made doing business easier for traders: Jaitley

GST has made doing business easier for traders by expanding market place and reducing tax compliance burden.

01 Dec 2017 2:29 PM

Reliance Industries Chairman and India's richest man Mukesh Ambani. (Photo: PTI)

India's economy will double to USD 5 trillion by 2024: Mukesh Ambani

Ambani was optimistic that India can become more prosperous than the US and China within this century.

01 Dec 2017 1:56 PM

India's $2 trillion economy, with growth dipping to 6.1 per cent in the three months ending March before bottoming out at 5.7 per cent in June.

India's GDP growth breaks five-quarter slide, jumps to 6.3 per cent in Q2

Government figures showed Asia's third-largest economy expanded for the first time in five quarters.

30 Nov 2017 5:51 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Intend to move on track on fiscal deficit glide path: Jaitley

Government has budgeted to bring down fiscal deficit to 3.2 per cent of GDP in 2017-18.

30 Nov 2017 5:40 PM

Jaitley hints at further rationalisation of GST rates

Jaitley said GST started with different tax rates and they have rationalised rates on many items.

30 Nov 2017 3:39 PM

Commerce and Industry Minister Suresh Prabhu.

India poised to become world's third largest economy: Prabhu

Government wants to take manufacturing to 20 per cent of the GDP, helped by SMEs.

30 Nov 2017 2:38 PM

GDP growth slowed from 7.9 per cent YoY in April- June 2016 (i.e. Q1 FY17) to a three-year low of 5.7 per cent in Q1 FY18.

DBS Bank lowers India's FY18 GDP growth to 6.6 pc

Bank, however, expects that Indian economy will recover in fiscal 2019 and achieve a growth rate of 7.2 per cent.

28 Nov 2017 3:45 PM

India passing through fast formalisation of economy: Jaitley

Move towards digitisation was expedited post demonetisation of higher denomination currency notes.

25 Nov 2017 11:10 AM

Railways Minister Piyush Goyal. (Photo: PTI)

S&P's stable outlook 'huge endorsement' of govt policies: Goyal

S&P kept its sovereign rating for India unchanged at 'BBB-minus' with 'stable' outlook.

25 Nov 2017 10:42 AM

D&B expects CPI inflation to be in range of 4.2- 4.4 per cent and WPI inflation in 3.6-3.7 per cent in November this year.

Economy slowdown bottomed out, recovery rests on govt steps: report

Index of Industrial Production to grow by 3-3.2 per cent during October this year.

23 Nov 2017 4:33 PM

FDI trends in the fiscal have been encouraging, with the run rate in April-September more positive than in the comparable period last year.

April-Oct trade deficit soars 60 pc to $88 billion: report

Current account deficit widening by 40 bps for every 10 per cent increase in crude prices.

22 Nov 2017 4:35 PM

Goyal vows continued good governance on Moody's rating cheer

Moody's has upgraded India's sovereign rating after a gap of 13 years to Baa2 with a stable outlook.

17 Nov 2017 5:19 PM

Moody's India upgrade: Will continue reforms, says Jaitley

Upgrade recognises major economic and institutional reforms undertaken by the government.

17 Nov 2017 3:25 PM

India's rating upgrade reflects growth story: NITI Aayog

Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2.

17 Nov 2017 1:17 PM

Rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004.

Moody's ups India rating, says reforms will spur sustainable

Moody's expects GDP growth to moderate to 6.7 per cent in the fiscal year ending in March 2018.

17 Nov 2017 10:25 AM

Prabhu sees economy touching $5 trillion in a few years

Trade deficit widened to USD 14 billion from USD 11.13 billion in October 2016.

16 Nov 2017 5:37 PM

Indian economy recovering from 'temporary blip': Jaitley

The finance minister also assured investors of a strong banking sector in India.

16 Nov 2017 1:06 PM

Self-proclaimed psychic, Craig Hamilton-Parker has predicted among other things, an attack on North Korea, decline of world economy. (Photo: Youtube/Craig Hamilton-Parker)

Psychic who predicted Trump, Brexit makes interesting revelations for 2018

Craig Hamilton-Parker, the self-proclaimed prophet who predicted Hillary Clinton's resignation has some pretty glum predictions for 2018.

14 Nov 2017 1:29 PM

Output at factories and workshops expanded 6.2 pc on-year, the National Bureau of Statistics said, slowing from 6.6 pc in Sept. (Photo: Twitter)

China factory output slows as govt cracks down on pollution

NBS data showed growth in retail sales slowed to 10 per cent in October, down 0.3 percentage points.

14 Nov 2017 11:16 AM

A Congress worker participates in a “Black Day” protest against demonetisation on the first anniversary of its announcement in Bhopal. (Photo: PTI)

Impact of note ban still hurting economy: Industry body

However, the chamber said demonetisation had a positive impact on the use of digital transactions.

09 Nov 2017 1:14 AM

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Sanjeev Ahluwalia