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To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

Union Budget 2018 predicts exports to expand by 15 per cent this year

The country's merchandise shipments rose 12.36 per cent to USD 27.03 billion in December 2017.

1 Feb 2018 11:59 AM IST

Finance Minister Arun Jaitley (Photo: AP)

India USD 2.5 trillion economy, set to be 5th largest in world:...

Finance Minister said in Budget speech that India will grow 7.2-7.5 per cent in second half of current fiscal.

1 Feb 2018 11:53 AM IST

Finance minister Arun Jaitley addresses the media after the 22nd meeting of the GST Council in New Delhi. (Photo: PTI)

Arun Jaitley to break tradition, will deliver Budget in Hindi

Sources in the know said that the main idea is to establish a direct connect with the rural populace.

1 Feb 2018 10:54 AM IST

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.

Budget 2018: GST revision concerns retailers

Gold jewellery retailers said they prefer old tax of one per cent on ornaments instead of three per cent.

1 Feb 2018 10:23 AM IST

Finance Minister Arun Jaitley meets President Ram Nath Kovind at Rashtrapati Bhavan before presenting the Union Budget 2018-19 in the Parliament. (Photo: Twitter | ANI)

Union Budget 2018: Key highlights

Finance Minister Arun Jaitley says, 'This year's budget will focus on strengthening rural and agricultural economy.'

1 Feb 2018 10:05 AM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

India likely to clock 7.5 pc growth in FY19: Deutsche Bank

Higher oil prices can potentially slow the pace of recovery.

29 April 2018 11:33 AM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

India's average GDP growth to rise to 7.8 per cent: report

Indian economy is expected to witness a cyclical recovery driven by investments as well as consumption.

25 April 2018 12:59 PM IST

RBI governor Urjit Patel

India's pace of growth to speed up in 2018-19, says RBI governor

RBI governor Urjit Patel said, 'Several factors are expected to help accelerate the pace of growth in 2018-19.'

22 April 2018 10:44 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

India, China comparison 'unfair', says Raghuram Rajan

Rajan said India 'pales' in comparison to China, which is about five times India's size while the per capita is about...

13 April 2018 8:07 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)

Uptick in economic growth positive for Indian asset backed loans:...

It supports the ability of borrowers to earn income and repay their loans.

12 April 2018 3:50 PM IST

Prime Minister Narendra Modi had announced the demonetisation of Rs 500 and Rs 1,000 notes exactly a year ago on November 8, 2016. (Photo: PTI)

No job, no vote: Rajasthan town warns Modi ahead of 2019 polls

Modi's failure to create tens of millions of jobs would be biggest threat to his bid for another term, many political...

6 April 2018 2:00 PM IST

Illnesses are a severe risk, which takes a huge bite out of the earnings of the poor.

India must revitalise its public health system

A recent heartening development is that the government has finally woken to the seriousness of India's health crisis.

6 April 2018 12:22 AM IST