Economy

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...

Economy

02 January, 2019

India's manufacturing growth slows in Dec but quarterly numbers highest in 6 yrs

Indian manufacturing activity expanded at a slower pace in December as growth in new orders and output waned, despite factories...

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Economy

02 January, 2019

In an election year, could commodity prices define the Indian economy?

Global crude oil prices nosedived in December, hitting their lowest mark in the last 16 months before rising to a ......

Economy

27 December, 2018

India's April-November fiscal deficit touches 115% of budget target

India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for...

Economy

24 December, 2018

GST to move towards a single rate, says finance minister Arun Jaitley

India is working towards a single national sales tax rate which could be a mid-point between 12 and 18 percent, ......

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Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

Economy

20 December, 2018

US Fed raises interest rates, hints at more hikes

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, ......

Economy

14 December, 2018

India's trade deficit narrows in November

India's November trade deficit narrowed to $16.67 billion due to a fall in gold imports, the country's trade ministry...

Economy

12 December, 2018

India's retail inflation at 17-month low in Nov; industrial output up 8.1% in Oct

India's retail inflation rate fell to 2.33 percent in November, government data showed on Friday, due to weaker food inflation....

Economy

07 December, 2018

ISB professor who supported demonetisation named chief economic adviser

India has appointed a professor from the Indian School of Business as its chief economic adviser, multiple TV channels reported...

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