PTI | January 7, 2018 2:30 PM
Credit growth after a long gap grew in double digits to 10.65 per cent at Rs 80,96,727 crore in the fortnight ended December 22, 2017 due to the base effect, according to the RBI data.
FE Online | January 7, 2018 2:26 PM
In the wake of the fact that the GDP has increased in the second half of the financial year, Niti Aayog Vice Chairman Rajiv Kumar said that the estimated annual growth rate assumes significance.
PTI | January 7, 2018 5:02 PM
The electoral bonds mechanism is a substantial improvement in transparency over the present system and the government is open to suggestions to further cleanse political funding, Finance Minister Arun Jaitley said today.
PTI | January 7, 2018 12:54 PM
With a total of 348 non-captive mining leases expiring in 2020, the Centre has directed states to begin auction by next year so that successful bidders have sufficient time to seek necessary clearances before commencing operations.
PTI | January 7, 2018 3:52 PM
Industry body CII has called for a greater clarity in the GST anti-profiteering rules to avoid discretionary bias.
PTI | January 7, 2018 12:00 PM
The commerce ministry will come out with a Logistics Performance Index (LPI) tomorrow, ranking states in terms of the logistical support they provide to promote trade, a senior government official said.
PTI | January 19, 2018 10:29 PM
The narrower-than-expected win in Gujarat and upcoming polls in other states will lead to a reorientation of priorities for the government with a greater focus expected on the farm and small businesses sectors, the head of a domestic rating agency has said.
PTI | January 7, 2018 10:35 AM
The government’s priority will be to accelerate growth momentum as well as employment generation this pre-election year, and social sectors are expected to see preferential allocations, says a Deutsche Bank report.
PTI | January 7, 2018 10:22 AM
Faced with increasing number of complaints under the anti-profiteering rules, the Finance Ministry will soon come out with a standard operating procedure (SOP) for handling grievances relating to over-charging after GST roll out.
FE Bureau | January 7, 2018 4:58 AM
Finance minister Arun Jaitley on Saturday said greens hoots of an economic recovery are visible and asked stressed public sector banks (PSBs) to get their act together and get back to shape at the earliest, so that they can support growth through improved lending.
FE Bureau | January 7, 2018 4:52 AM
The Maharashtra government on Saturday announced its plans to host a global investment summit, the first such event to be held in the state, in a bid to attract foreign investment.
PTI | January 6, 2018 10:39 PM
Asserting that India is the only economy to undertake a number of structural reforms, Finance Minister Arun Jaitley today said these measures can create a “transient hiatus” but “green shoots” are already coming out.
PTI | January 6, 2018 8:27 PM
Finance Minister Arun Jaitley in October had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs
PTI | January 6, 2018 4:04 PM
Senior Congress leader P Chidambaram today hit out at the government over lower growth estimates for the current fiscal, saying the worst fears of an imminent economic slowdown have come true.
FE Online | January 6, 2018 1:19 PM
It is the new consumer protection bill that will make sure that there is no discrepancy in the dealings between the manufacturer and consumer.
FE Bureau | January 6, 2018 6:38 AM
India’s economic growth in real terms will hit a four-year trough of 6.5% this fiscal while its nominal gross domestic product (GDP) will expand at the slowest pace since 2012-13, the Central Statistics Office (CSO) forecast on Friday, worsening fears about a possible fiscal slippage.
FE Bureau | January 6, 2018 6:23 AM
A former Reserve Bank of India (RBI) governor had told the Election Commission that loan waivers promised by political parties during election campaigns posed risks to the banking system as this practice discouraged borrowers from repaying loans even when they were in a position to do so, finance minister Arun Jaitley informed the Lok Sabha on Friday.
FE Bureau | January 6, 2018 6:08 AM
The 13-day winter session of Parliament, which concluded on Friday, was the shortest since 2009 but it still managed to get both Houses’ nod for 10 Bills including one to bar wilful defaulters from bidding for stressed assets going under the hammer via a key amendment to the Insolvency and Bankruptcy Code.
FE Bureau | January 6, 2018 5:57 AM
The government on Friday introduced the Consumer Protection Bill, 2018, which has provision for fine and imprisonment for adulteration of products, and establishment of the Central Consumer Protection Authority.
PTI | January 19, 2018 10:28 PM
The Budget Session of Parliament is set to commence on January 29 and the Union Budget for 2018-19 will be presented on February 1, the Cabinet Committee on Parliamentary Affairs (CCPA) recommended on Friday.
FE Bureau | January 6, 2018 5:41 AM
The pace of hiring activity slowed down, albeit marginally, for the first time in December after steadily growing for the previous six months, even as there was a 13% growth year-on-year in online recruitment activities, the Monster Employment Index showed
Huma Siddiqui | January 6, 2018 5:16 AM
India and the 10-member Asean group are hoping to strengthen ties with physical connectivity playing a bigger role in linking the regions, and enhancing opportunities for bilateral trade and travel, when they meet in New Delhi on January 25.
PTI | January 6, 2018 3:02 AM
India’s advance GDP growth estimate of 6.5 per cent for this fiscal shows reform measures taken by the government is yielding results and growth will accelerate to over 7 per cent in 2018-19, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM), Bibek Debroy today said.
PTI | January 6, 2018 12:07 AM
Niti Aayog Vice Chairman Rajiv Kumar today said India’s economic activity has been picking up for the last three quarters and the country’s GDP growth will become more robust in 2018-19.
PTI | January 5, 2018 8:52 PM
The role envisaged for the CCPA compliments that of the sectoral regulator and any duplication of potential conflict is avoided, it added.
PTI | January 5, 2018 7:38 PM
India’s per capita income, a gauge for measuring living standard, is likely to witness a slower growth of 8.3% at Rs 1,11,782 in FY 2017-18.
FE Online | January 5, 2018 7:28 PM
The Reserve Bank of India on Friday released the first look of Rs 10 notes which will soon come into circulation. The Rs 10 denomination currency banknote is in chocolate brown colour.
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