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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

India economy recovering from note ban: IMF

Calling this development a welcome change , Zhang said the growth prospects remain positive.

12 March 2018 4:44 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Is India's economy headed for iceberg?

The triple whammy of high oil prices, a falling rupee and a higher current account deficit has been faced before.

22 May 2018 6:27 AM IST

The traffic police has asked also commuters to check weather conditions before travelling while the Delhi Metro too has decided to exercise extreme caution in running of trains.

Monsoon likely to hit Kerala coast on May 29: IMD

Rains usually hit Kerala on the south coast around June 1 and cover the whole country by mid-July.

18 May 2018 5:51 PM IST

RBI kept interest rates unchanged despite calls for lowering it while it slashed the economic growth projection by half a per cent to 7.1 in the first policy review post demonetisation.

Indian economy expands 7.7 per cent in Q4, 6.7 per cent in FY18

However, the economic growth slows to 6.7 per cent in 2017-18 compared to 7.1 per cent in 2016-17.

31 May 2018 6:52 PM IST

Prime Minister Narendra Modi addressed National Panchayati Raj Sammelan at Ramnagar in Madhya Pradeshs Mandla district. (Photo: ANI/Twitter)

Age Debate: A roller-coaster ride

The Indian economy is better off today after four years of the Modi government.

31 May 2018 1:18 AM 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.

Moody's cuts India's 2018 growth forecast to 7.3 pc from 7.5 pc

Moody's said growth should benefit from an acceleration in rural consumption, supported by higher minimum support...

30 May 2018 6:09 PM IST

Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)

Congress leader P Chidambaram pokes fun at BJP for celebrating GDP...

Chidambaram said GDP growth in the July-September quarter (Q2) of 2018-19 was a good one per cent lower than in the...

1 Dec 2018 12:53 PM IST

The production of coal, cement and electricity, on the other hand, expanded in the month under review.

India's growth rate slows to 7.1 per cent in Q2

Despite dip, India to retain fastest growing economy tag.

1 Dec 2018 2:25 AM IST

Donald Trump on Friday recited the lyrics of a song seen as anti-immigration called The Snake to drive home his point about restricting immigration. (Photo: File)

Trade war would hit India

Assocham warns erosion of market confidence would lead to outflow.

26 March 2018 12:16 AM IST

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

Outlook for Indian govt bonds to remain challenging: DBS

Overall, India's financing requirements will keep the rupee vulnerable to rising US rates this year.

20 March 2018 11:22 AM IST

Singh also attacked the government over the economic reforms introduced such as demonetisation and GST, stating that the BJP-led govt messed up Indian economy. (Photo: ANI | Twitter)

Modi govt bungled J&K issue like never before: Manmohan Singh

The former Prime Minister accused PM Modi of giving tall promises to the nation which have not yet been kept.

18 March 2018 12:42 PM IST

Former prime minister Manmohan Singh delivers lecture on 70th Anniversary of our Independence-Strengthening the Roots of our Democracy during the Ist Prof. S.B. Rangnekar Memorial Oration at Punjab University in Chandigarh on Wednesday. (Photo: PTI)

Disastrous economic management: Manmohan Singh slams Modi

Manmohan Singh said 2 'major avoidable blunders' of Modi govt had been demonetisation and hasty implementation of GST.

7 May 2018 2:59 PM IST