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Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

GDP in FY19 to gain from PSU bank recapitalisation: report

As per Ambit estimates, industry is likely to see a 7 per cent growth in 2018-19 from 5 per cent in the current fiscal.

29 Oct 2017 5:27 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Bank recapitalisation to improve credit, GDP growth: report

Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.

25 Oct 2017 6:19 PM IST

The vessel is the first of Chinas new generation of destroyers. (Photo: Twitter)

China third quarter GDP growth likely to cool as property, debt curbs...

Economists in the poll estimated GDP grew 1.7 per cent quarter-on-quarter, unchanged from the second-quarter.

19 Oct 2017 11:02 AM IST

The countrys serious hunger level is driven by high child malnutrition and underlines need for stronger commitment to the social sector, the International Food Policy Research Institute (IFPRI) said in its report. (Photo: Representational/PTI)

#100 in hunger index is a real shame for India

The problem of numbers may be self-defeating given the Indian scale, although that argument too is beaten if we compare...

17 Oct 2017 2:24 AM IST

IT Minister Ravi Shankar Prasad

GDP to recover in Q2 as fundamentals strong: Ravi Shankar Prasad

Prasad says GDP grew 7.5 per cent in 2014-15, 8 per cent in 2015-16 and 7.1 per cent in 2016-17.

7 Oct 2017 5:41 PM IST

The second most significant barrier cited was office politics, according to 39.17 per cent respondents.

Services activity returns to growth in Sept on stronger demand: PMI

Implementation of GST on July 1 which aimed to unify multiple taxes, have also cast a shadow on economic growth.

5 Oct 2017 11:04 AM IST

Finance Minister Arun Jaitley (Photo: AP)

Impact of notes ban, GST behind us: FM after GDP growth breaks...

India's economy grew at 6.3 percent in the second quarter of the financial year, official data showed on Thursday.

30 Nov 2017 8:06 PM IST

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

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

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

30 Nov 2017 5:51 PM IST

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (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 IST

Union Minister for Finance and Corporate Affairs Arun Jaitley (Photo: PTI)

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 IST

Railway 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 IST

Business leaders at the forum also highlighted potential opportunities in the conversion of the Indian economy into a digital less-cash economy.

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 IST