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The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

India to overtake Japan to become third largest economy by 2028

Report said India is well on track to cross France, Britain to emerge as world's fifth largest economy after Germany by...

13 Nov 2017 4:07 PM GMT

Railway Minister Suresh Prabhu.

Former Railways minister Prabhu extends support to Goyal after Cabinet...

In a major Cabinet reshuffle on Sunday, Piyush Goyal was given the portfolio of Railways Ministry.

3 Sep 2017 3:46 PM GMT

Earlier this month, without taking into account the demonetisation impact, India projected the economy to grow at a slower pace of 7.1 per cent in 2016-17 as against 7.6 per cent

India's GDP may slump below 6.5 per cent this fiscal: SBI Research

The report noted that the GDP estimates of Q1 show that impact of demonetisation has not withered completely.

1 Sep 2017 10:25 AM GMT

TV Mohandas Pai

Former Infosys CFO agrees with Jaitley, pegs GDP for Q2 at 7 per cent

Mohandas Pai said India has seen a positive GST impact in the first month of the second quarter.

1 Sep 2017 7:44 AM GMT

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India's GDP slows down to 5.7 per cent on note ban, GST rollout

Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was...

1 Sep 2017 3:58 AM GMT

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.

GDP growth drops to 7.1 per cent in July-September quarter

As opposed to the last quarter, Indian economy grew at 8.2 per cent in April-June quarter of this fiscal.

30 Nov 2018 1:02 PM GMT

The year 2018 will mark the mid-point of a five-year government plan. (Photo: AP)

China must win 3 tough battles' while pursuing reforms: Li Keqiang

Li Keqiang said due out at opening of annual meeting of parliament in March, government is expected to set its economic...

23 Jan 2018 8:47 AM GMT

A file photo of people demonstrating against government policies that favour one per cent rich.

New technology delinks people from GDP growth

Governments' focus on GDP growth alone ignoring other incidators could result into a popular backlash.

4 Feb 2018 9:03 PM GMT

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

RBI dumps GVA model, switches back to GDP to meaure economy

Government had started analysing growth estimates using GVA methodology from January 2015.

5 April 2018 12:19 PM GMT

he CAG report said in 58 of the 203 cases, where the schools had applied for affiliation for middle classes or upgrading to senior secondary classes, affiliation was granted after commencement of the session.

CAG concerned about expenses over wages

The decrease was seen under energy, agriculture and allied activities' expenditure.

20 July 2018 8:20 PM GMT

Finance Commission chairman N.K. Singh talks with chief minister Mamata Banerjee as state finance minister Amit Mitra looks on during the press conference on 15th Finance Commission at Nabanna Savaghar in Kolkata on Tuesday. (Photo: Abhijit Mukherjee)

Taken serious note of Bengal debt overhang'

West Bengal's total debt stood at Rs 3.40 lakh crore, which is one of the highest among states.

18 July 2018 12:35 AM GMT

To reduce the economic burden due to foodborne disease, India needs to invest in ensuring food safety for the masses.

Food safety cannot be left to chance: Time to incentivise states for...

FSSAI being the apex regulatory body, is having important responsibilities and functions to perform to ensure food...

17 July 2018 12:05 AM GMT