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Economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the last quarter of the 2018-19, according to NSSO figures. (Photo: ANI)

India

Two new Cabinet committees formed to spur growth, employment

The Cabinet committees are a 5-member board on Investment and Growth and a 10-member board on Employment and Skill...

5 Jun 2019 5:26 PM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Business

Economic growth seen slipping in April-June, more stimulus expected

Slowdown has been driven by a fall in household savings and banks' increased bad loans, which has hit private...

29 Aug 2019 3:04 PM IST

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan. (Photo: AP)

World

As Imran completes a yr in power, Pak's fiscal deficit on 3-decade...

The deficit increased to 8.9 per cent of Pakistan's gross domestic product in the year that ended in June.

28 Aug 2019 10:50 AM IST

India

India is booming, but its children are still starving

Imagine a landmass greater than China. Now imagine that land is only used to produce food.

23 Sept 2019 1:27 AM IST

The bill also states that those who continue to manufacture or sell e-cigarettes will be punished by court.

Life

Smoke signals

Will the recent ban on e-cigarettes make young smokers go back to tobacco? We asked a few millennials to explain the...

23 Sept 2019 12:00 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Business

US corporate sector hails India's move to slash income tax rate for...

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sept 2019 9:49 AM IST

PE firms made investments worth $2.6 billion across 61 deals and exits worth $472 million across 10 deals.

Business

PE/VC investments tally touches USD 36.7 billion in Jan-Aug

This data comes at a time when the economic growth has plunged to a six-year low, at 5 per cent for the June quarter.

10 Sept 2019 5:34 PM IST

Union Home Minister Amit Shah with Union Finance Minister Nirmala Sitharaman and Home Secretary Ajay Kumar Bhalla during the first National Implementation Committee meeting on 75 years of Independence, in New Delhi on November 25, (PTI /Shahbaz Khan)

Opinion

Aakar Patel | Looking at the future in fear as economy goes into...

India's economy has contracted for six months since Prime Minister Narendra Modi called for the harshest lockdown in the...

1 Dec 2020 10:07 AM IST

Federal Reserve Chairman Jerome Powell. (Photo: AP)

Business

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Opinion

New thinking is needed, Band-Aids won't suffice

The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.

29 Jan 2020 2:26 AM IST

A man sleeps at a night shelter for poor and homeless people, in New Delhi, in the cold morning hours. (Photo: AFP)

India

Time to care' about economic inequality in India

The creamy layer of the world population has collectively generated an enormous amount of wealth in the past 20 years.

28 Jan 2020 2:57 AM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Opinion

The new stagflation challenge

Stagflation has also made it harder for the RBI to boost economic growth by using monetary tools like interest rate...

15 Jan 2020 1:47 AM IST