Home » economy

You Searched For "Economy"

Prime Minister Narendra Modi (Photo: PTI)

Modi's big tax cut unlikely to spur job bonanza in India

India's unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.

26 Sept 2019 9:24 AM IST

NITI Aayog CEO Amitabh Kant addresses at press conference for the launch of the schemes Lucky Grahak Yojana and Digi-dhan Vyapari Yojana to encourage digital payments, in New Delhi. (Photo: PTI)

Challenge before India is to grow at 8-9 pc and sustain it: Kant

The government also announced a slew of measures to boost exports and real estate sector.

25 Sept 2019 1:34 PM IST

Though the growth rates of output, consumption and investments are comparable in the period running up to the financial market-induced crises as in the run-up to other types of downturns in emerging market crisis, a further analysis revealed that the contractions are much sharper following financial market induced crisis that other types of downturns.

Trade tensions darken growth outlook for developing Asia: ADB

Growth in the region was 5.9 per cent in 2018.

25 Sept 2019 12:33 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Trade tensions darken growth outlook for developing Asia: ADB

ADB maintained India's 7.2 per cent growth projection for next year.

25 Sept 2019 9:15 AM IST

Mills are expecting revenue realisation of over Rs 5,000 crore from sale of ethanol to OMCs during the 2017-18 sugar season.

Closed sugar mills may see revival soon as govt mulls ethanol...

Union Minister Nitin Gadkari said land of the sugar mills can be utilised for ethanol production from sugar.

23 Sept 2019 6:51 PM IST

A recent report by Indias leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.

Top 1,000 listed firms may see tax savings of Rs 37,000 cr post corp...

The drop in tax rate would now bring India at par with most Asian economies, the report added.

22 Sept 2019 7:14 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.

20 Sept 2019 2:14 PM IST

Wrong to say India on 5 pc growth trajectory: Bibek Debroy

The GDP growth in the April-June quarter of the 2019- 20 fiscal was 5 per cent, according to government data.

20 Sept 2019 2:10 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

The minister is hopeful that businesses will be able to take benefit of these measures to spur growth.

20 Sept 2019 1:28 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sept 2019 1:07 PM IST

'Government afraid onions might be hurled at PM's convoy': Sharad...

About 16,000 farmers have committed suicide in Maharashtra alone, the former Union agriculture minister said, without...

20 Sept 2019 11:23 AM IST

In the 44 months till January 2018, the Modi government witnessed an unprecedented 19,000 bank fraud cases involving Rs 90,000 crore, Congress leader Sachin Pilot said at a press conference along with party colleagues Rajiv Satav and Sushmita Dev. (Photo: ANI | Twitter)

Sachin Pilot backs govt over economy, says 'don't criticise, give...

He also stated that everybody should pitch in and give ideas on how to rejuvenate the economy and bolster its revival.

20 Sept 2019 9:50 AM IST