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GDP stands for Gross Domestic Product.

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

7 Feb 2019 12:41 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

7 Feb 2019 12:08 PM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Cash transfer to farmers, middle-class tax relief to boost growth:...

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

5 Feb 2019 5:47 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

5 Feb 2019 12:14 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

India's sovereign rating profile to be evaluated based on...

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

2 Feb 2019 1:29 PM IST

In 2015, 3,266 farmers committed suicide in the state.

Interim Budget focused on rural and agriculture sector: DBS bank

Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.

2 Feb 2019 12:17 PM IST

Union minister of railways Piyush Goyal at the India Economic Summit 2017 in New Delhi on Thursday. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements...

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

1 Feb 2019 6:27 PM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Farmers, middle class-friendly Budget to boost economic growth: India...

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

1 Feb 2019 4:39 PM IST

The budget, which was focused on giving big push to investment in agriculture, small and medium industries, and health sectors, is NDA governments last budget before the general elections. (Photo: ANI | Twitter)

Budget 2019:â€‰Full text of finance minister Piyush Goyal's speech in...

Union finance minister Piyush Goyal presented the interim Budget for 2019-20 in the Lok Sabha on Friday.

1 Feb 2019 2:47 PM IST

India has been the worlds fastest growing major economy over the past two years.

India to become USD 5 trillion economy in 5 yrs, USD 10 trillion in 8...

India is the fastest-growing major economy in the world and that the GDP growth in the past 5 years.

1 Feb 2019 2:39 PM IST

Finance Minister Goyal said: On behalf of all the people of India and our Government, thank all our taxpayers for their valuable contribution to nation-building and for providing a better quality of life to poor and marginalised. (Photo: ANI)

Budget 2019: FM Piyush Goyal says no tax on income up to Rs 5 lakh

Around 3 crore middle-class taxpayers will get tax exemption due to this measure.

1 Feb 2019 1:29 PM IST

98 per cent rural sanitation coverage achieved, Interim Finance Minister Piyush Goyal said. (Phto File: Ani Twitter)

Union Budget: Here's what's good and bad

Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.

1 Feb 2019 12:39 PM IST