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Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

4 July 2019 1:30 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Economic Survey: Banking sector performance improved due to fall in...

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth...

4 July 2019 1:06 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Economic Survey: GDP growth projected at 7 per cent for 2019-20

The growth projection is higher than a five-year low economic growth of 6.8 per cent for the year ended March 31.

4 July 2019 11:47 AM IST

The survey will contain several chapters on macro economy as well as different industry sectors along with future outlook. (Photo: ANI)

'Our team has put in a lot of effort,' says CEA Subramanian on...

The Economic Survey projecting the state of economy and outlining the challenges will be tabled in Parliament later on...

4 July 2019 11:10 AM IST

Indian Armys T-90 tanks on display at Rajpath during the 69th Republic Day Parade, in New Delhi on Friday. (Photo: PTI)

Modest rise in Indian military spending likely, modernisation on hold

Government allocated 4.31 trillion rupees (USD 62.27 billion) for defence, a 6.6 per cent rise over the previous year.

4 July 2019 10:03 AM IST

In his first decision after being sworn-in to head the government for a second term, Prime Minister Narendra Modi, who had made national security an important plank in the elections, on Friday approved a major change in the Prime Ministers Scholarship Scheme under the National Defence Fund. (Photo: Twitter/ ANI)

Going for growth, government set to borrow more: Economists

Govt will revise its fiscal deficit target up to 3.5 per cent of GDP for the current fiscal year and 3.3 per cent for...

3 July 2019 1:53 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Economic growth high on agenda of govt,' says Nirmala Sitharaman

Finance Minister Sitharaman said in the last quarter, there could have been a fall and steps have been taken to improve...

3 July 2019 8:55 AM IST

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

Army backs taxing disability pension

The finance ministry circular had evoked a sharp reaction from the military veterans.

3 July 2019 2:03 AM IST

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

Challenges for Sitharaman

Economic growth is a challenge for Mr Modi and he had sought re-election so that he could implement the promises made in...

3 July 2019 1:02 AM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)

No study on effect of note-ban: FM Nirmala Sitharaman

This was disclosed by Finance Minister Nirmala Sitharaman in reply to a question by Congress member Digvijaya Singh in...

2 July 2019 7:53 PM IST

Finance Minister Sitharaman to address RBI central board on July 8

Issues related to the overall economy and fiscal policy decisions taken by the government will be taken up during the...

2 July 2019 6:29 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Govt considering giving more powers to RBI to regulate NBFCs:...

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

1 July 2019 5:06 PM IST