IANS | April 21, 2018 11:54 AM
Financial leaders from the Group of 20 (G20) have expressed concerns that trade disputes among major economies could pose downside risks to the global economy, Argentine Treasury Minister Nicolas Dujovne has said.
Sushruth Sunder | April 21, 2018 11:29 AM
Even as top market voices caution against a full-blown trade war on US President Donald Trump’s protectionist policies and China’s retaliation, Goldman Sachs says that it would be negative for both countries, and the parties will try to avoid such a situation.
IANS | April 21, 2018 9:48 AM
India must focus as a priority on ensuring that more women work in the formal sector as it continues with labour reforms, according to Ken Kang, the deputy director in International Monetary Fund (IMF) Asia Pacific Department.
PTI | April 21, 2018 7:47 AM
The International Monetary Fund has said it wants continued momentum in India’s growth and structural reforms despite the election period.
Prasanta Sahu | April 21, 2018 4:47 AM
Companies owned by state governments persisted with their relentless draining of the exchequer in FY17, an analysis of some 400 of them — nearly half of the total — by FE showed.
Huma Siddiqui | April 21, 2018 4:39 AM
In an effort to maximise the potential of the economic and commercial partnership and double the bilateral trade, the first-ever India-South Africa business summit will take place in Johannesburg on April 29 and 30.
M Sarita Varma | April 21, 2018 4:33 AM
Shortage of coal at Jindal Tamnar Thermal Station, Chhattisgarh, and Jhabua Thermal Station, Madhya Pradesh, has hit power supply in Kerala.
PTI | April 21, 2018 12:39 AM
Union Petroleum and Naural Gas Minister Dharmendra Pradhan and Chief Minister Nitish Kumar today launched the “extended Pradhan Mantri Ujjwala Yojana” in Bihar under which 8 crore LPG connections would be given to beneficiaries across the country.
Good news for traders! Single-page GST filing system to be ready in 3-6 months, confirms Finance SecretaryPTI | April 20, 2018 10:28 PM
Union finance secretary Hasmukh Adhia today said the proposed new single page GST return filing system will be in place over the next three to six months that will ease the present problems.
Petro products need to be brought under GST, says Petroleum and Naural Gas Minister Dharmendra PradhanPTI | April 20, 2018 9:33 PM
Petroleum and Naural Gas Minister Dharmendra Pradhan today stressed on bringing petroleum products under the GST to provide relief to common people from spurt in fuel prices following surging global crude oil rates.
Currency supply to ATMs and branches has improved but cash crunch still persists – Top developments so farPTI | April 20, 2018 7:26 PM
Currency supply to ATMs and branches has improved but cash crunch still persists in the system which would be normalised soon, bank officials said today.
Trump joins Modi in slamming OPEC for ‘artificially’ high oil prices; says ships fully loaded at seaFE Online | April 20, 2018 5:23 PM
As oil prices surged to a four-year high, US President Donald Trump joined Prime Minister Narendra Modi in criticising the Organization of the Petroleum Exporting Countries (OPEC) for ‘artificially’ high oil prices.
PTI | April 20, 2018 4:33 PM
India has pressed the BRICS nations to set up an independent rating agency of the five-member group. The first meeting of the BRICS Finance Ministers and Central Bank Governors was held on the sidelines of the IMF/World Bank Spring Meetings yesterday.
PTI | April 20, 2018 4:22 PM
The interest rate-setting panel’s deliberations point towards a “hawkish” stance in the future, which may increase the possibility of a rate hike by the Reserve Bank, analysts said today.
FE Online | April 20, 2018 3:56 PM
Endowed with more than 300 days of sunshine a year, the World Bank said, India is “making strides” towards becoming “a global solar superpower”.
IANS | April 20, 2018 2:42 PM
As fuel prices touched a five-year high, former Finance Minister P Chidambaram on Friday asked the government why prices of petrol and diesel were higher than in May, 2014 when the international oil prices were higher than they are now.
All time high fake currency, 480% jump in suspicious transactions; what Modi’s demonetisation led toPTI | April 20, 2018 2:21 PM
The country’s banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
PTI | April 20, 2018 1:37 PM
India can become a powerhouse economy if policies are managed well and reforms are supportive of inclusive growth, a top IMF official has said.
Bloomberg | April 20, 2018 1:47 PM
In the northern French Hauts-de-France region, a traditional stronghold of the protectionist, anti-immigrant National Front, constituents are banking on Beijing rather than Paris to turn around the area’s economic malaise.
FE Online | April 20, 2018 1:18 PM
As the Narendra Modi government has reached the last year of 5-year-term, two reforms undertaken in its tenure have won the heart of IMF Chief Christine Lagarde, which she says, will help India generate excellent growth rate of 7.4%, highest among emerging economies.
Chidambaram slams government over petrol prices; says Modi clueless, floundering without oil bonanzaFE Online | April 20, 2018 12:12 PM
As petrol price hits a 55-month-high and just 1 paisa short of reaching the second higher level in India’s history, former finance minister P Chidambaram has slammed the Narendra Modi government for high fuel prices.
PTI | April 20, 2018 11:37 AM
Trade tensions and frictions could inflict long-term damage on investment by eroding the confidence of investors, IMF chief Christine Lagarde has said amid widespread concerns about a potential trade war brewing between the US and countries like China.
PTI | April 20, 2018 10:57 AM
Digital technologies offer a hope in the fight against corruption which is a problem in every single country of the world, World Bank President Jim Yong Kim has said.
PTI | April 20, 2018 1:55 PM
The reforms carried out by India has been bearing fruits and benefiting people, making a strong case for more steps, a top IMF official has said.
FE Online | April 20, 2018 8:09 AM
The reported currency shortage in a few parts of the country has made the headlines. The central government has cited reasons such as ‘hoarding’, ‘shortage mentality’ and a surprising surge in demand.
PTI | April 20, 2018 7:49 AM
The India-US ties have been “extremely well” on the strategic and defence fronts but the relationship cannot realise its full potential without stronger economic bond, Chief Economic Adviser Arvind Subramanian has said.
FE Bureau | April 20, 2018 6:45 AM
NK Singh, the chairman of the 15th Finance Commission, on Thursday assured a delegation, led by deputy chief minister and finance minister of Tamil Nadu O Pannerselvam, that fiscal needs of each state will be individually assessed and their special characteristics will be kept in view.
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