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As per estimates, only 5 per cent Indians use digital payment modes.

Digital payments rose 55 per cent in FY'17: Watal

Overall digital payments recorded a compounded average annual growth rate of 28 per cent from 2011-12 to 2015-16.

3 July 2017 3:13 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

GST will be positive for India's ratings: Moody's

Industry body CII opines that new tax regime will ease doing business.

3 July 2017 3:35 AM IST

GST to boost GDP; positive for rating: Moody's

GST will remove plethora of taxes like excise, service tax and VAT and transform India into a uniform market.

2 July 2017 3:50 PM IST

The demonetisation move is expected to disrupt economic activity in the short term.

Demonetisation to drag down FY18 GDP growth at 5.8%

As a response to the slowing GDP growth, we expect the RBI to consider rate cuts of 25-50 bps over 2HFY17 itself.

18 Nov 2016 3:33 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 will clock over 7.5 pc growth in 2017-18: Finance Secretary

International Monetary Fund last month projected India's growth at 7.2 per cent in the fiscal 2017-18.

12 May 2017 12:35 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

'Easing crude prices good for India's inflation, GDP growth'

Global GDP growth was 5 per cent (average) and India's average growth was at 8.6 per cent.

11 May 2017 1:45 PM IST

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

Demonetisation effect transitory, says UN expert

The revised report projected that India will achieve an impressive 7.9 per cent GDP growth in fiscal 2018.

17 May 2017 1:30 PM IST

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

Economy to grow at 7.4 pc in FY18: FICCI survey

Third quarter GDP growth estimates released earlier by the Central Statistics Office had reported 7 per cent growth.

15 May 2017 5:03 PM IST

Saudi Aramco, a key exporter to China, is due to list next year, with a potential $100 billion equity sale that is expected to be the worlds largest to date.

China's economy slows in April as credit tightens

In the first three months of the year China expanded by a better-than-expected 6.9 per cent.

15 May 2017 9:17 AM IST

GDP stands for Gross Domestic Product.

'India likely to clock GDP growth of 6.9 pc this fiscal'

Real GDP growth slowed substantially to 6.1 per cent year-on-year in the fourth quarter of 2016-17.

6 July 2017 12:41 PM IST

GDP numbers scheduled to be released on May 31.

June services activity hits 8 month high on solid new orders

GDP growth was a lower-than-expected 6.1 per cent, slumping to its lowest in more than two years.

5 July 2017 12:23 PM IST

GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

4 July 2017 1:48 PM IST