The World Bank shaved 0.2 percentage point off of growth for both years.
09 Jan 2020 9:53 AM
RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy last month.
08 Jan 2020 9:53 AM
The minister added that AI can also help expand in a more cost- effective and outcome-oriented manner.
06 Jan 2020 3:03 PM
The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.
24 Dec 2019 11:56 AM
The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent.
23 Dec 2019 9:34 AM
India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.
19 Dec 2019 5:33 PM
Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.
19 Dec 2019 11:49 AM
Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.
17 Dec 2019 5:43 PM
Collections under the GST, which was introduced in July 2017, has remained mostly below the target.
17 Dec 2019 12:07 PM
FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.
16 Dec 2019 11:16 AM
Beijing has agreed to import at least USD 200 billion in additional US goods and services over the next two years.
14 Dec 2019 1:18 PM
Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.
13 Dec 2019 1:51 PM
Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.
11 Dec 2019 11:55 AM
For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.
08 Dec 2019 12:52 PM
GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.
07 Dec 2019 1:20 PM
UN launches USD 29 bn emergency funding appeal.
04 Dec 2019 3:38 PM
The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.
03 Dec 2019 2:08 PM
Govt is committed for further reforms in sectors such as banking, mining, insurance among others said FM Sitharaman.
03 Dec 2019 12:35 PM
GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.
02 Dec 2019 11:12 AM
PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.
01 Dec 2019 3:32 PM