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A rapid GDP growth which involves faster growth in agriculture, and especially in rain-fed areas where most of the poor live, will be much more inclusive than one driven entirely by mining for exports.

Focus on growth process that is most inclusive

GDP simply totals up everything made within an economy in a year, from widgets to whizzy financial products, at their...

14 Aug 2019 1:27 AM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs remain in sell-off mode, pull out Rs 9,197 cr in Aug so far

However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.

11 Aug 2019 11:55 AM IST

Business

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

7 Aug 2019 1:46 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Business

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand,...

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

7 Aug 2019 1:36 PM IST

Business

RBI may go for 25 bps rate cut on Wednesday: Report

Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.

5 Aug 2019 4:50 PM IST

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

Business

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion...

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

5 Aug 2019 9:33 AM 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.

Business

Crisil cuts GDP to 6.9 per cent

India's GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

2 Aug 2019 2:17 AM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Business

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sept 2019 11:00 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Business

Economic growth to improve in second half of fiscal 2020: Sitharaman

India's economic growth in April-June fell to a six year low of 5 per cent.

27 Sept 2019 10:08 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)

Business

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

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

Business

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

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Business

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST