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The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Economic slowdown bottomed out, recovery depends on initiatives by...

D&B expects CPI inflation to be in the range of 3.3-3.5 per cent and WPI inflation to be in the range of 2.7-2.9 per...

23 Oct 2017 10:39 AM GMT

Indias Prime Minister Narendra Modi talks to journalists after a Memorandum of Understanding ceremony at the President House in Naypyitaw, Myanmar on Wednesday, Sept 6, 2017. (Photo: AP)

As India's smaller firms struggle, Modi faces stimulus dilemma

The economy grew at an annual 5.7 percent year-on-year in the three months to end-June, its slowest in three years.

10 Oct 2017 4:19 AM GMT

European Commission President Jean-Claude Juncker. (Photo: AFP)

Jean-Claude Juncker says 5.7 per cent GDP is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

7 Oct 2017 6:03 AM GMT

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Govt expects helping hand from RBI in form of rate cut amidst slowdown

The Monetary Policy Committee of the RBI is scheduled to come out with next biÂ-monthly monetary policy decision on...

2 Oct 2017 7:03 AM GMT

Former Reserve Bank of India Governor C Rangarajan

Govt needs to take measures to push growth: C Rangarajan

The government needs to take quick action for the economy to pick up 'really fast', Rangarajan said.

1 Oct 2017 12:13 PM GMT

Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

Govt should relax fiscal deficit targets, boost expenditure: Assocham

It said India Inc is looking up to the government to take the 'out of ordinary' measures to accelerate growth.

1 Oct 2017 9:02 AM GMT

Prime Minister Narendra Modi holds a lotus flower at BJPs national executive meeting at Talkatora Stadium in New Delhi. (Photo: Pritam Bandyopadhyay)

Modi forms economic council headed by Niti's Bibek Debroy amidst...

The figures piled pressure on Modi, who was widely criticised by the opposition for his demonetisation move last year.

26 Sep 2017 4:23 AM GMT

Finance Minister Arun Jaitley (Photo: PTI)

Finance Minister Arun Jaitley meets officials to address economic...

This meeting took place after the one with Prime Minister Narendra Modi got cancelled earlier in the day.

20 Sep 2017 5:59 AM GMT

Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

SBI reports says economic slowdown is real, not just technical

The note comes days after Amit Shah attributed the slowdown to 'technical reasons' without elaborating on the same.

19 Sep 2017 9:40 AM GMT

Congress leader Rahul Gandhi waves at the crowd during an election campaign rally in Wardha district on Tuesday. (Photo: PTI)

Rahul Gandhi leaves for abroad ahead of Cong's protests on economic...

Gandhi had gone out of the country while the party was campaigning in Haryana and Maharashtra Assembly Polls.

30 Oct 2019 7:58 AM GMT

Former PM Manmohan Singh is felicitated by Mumbai Congress president Eknath Gaikwad in Mumbai on Thursday. (Photo: Debasish Dey)

Don't blame UPA for economic mess: Manmohan Singh

Manmohan Singh appealed to the government to see to it that 16 lakh customers of the scam-hit bank get some relief.

17 Oct 2019 7:57 PM GMT

The Congress Party on Saturday postponed its rally, on the economic slowdown scheduled for December 1, citing the increased security measures in view of the Ayodhya verdict. (Representational Image | PTI)

Ayodhya verdict: Congress rally in Delhi postponed

Sources said that a new date would be announced shortly.

10 Nov 2019 1:03 AM GMT