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Economy

GST confusion drags services activity to lowest in four years

Economy

03 August, 2017

GST confusion drags services activity to lowest in four years

Activity in India's dominant service sector contracted at the sharpest rate in nearly four years in July after a new ......

RBI cuts repo rate to near seven-year low

Economy

02 August, 2017

RBI cuts repo rate to near seven-year low

The Reserve Bank of India cut its main policy rate on Wednesday by a quarter percentage point to a more ......

NITI Aayog vice-chairman Arvind Panagariya resigns

Economy

01 August, 2017

NITI Aayog vice-chairman Arvind Panagariya resigns

An economist picked by Prime Minister Narendra Modi as vice-chairman of the government's main policy think-tank, Arvind Panagariya, is standing ......

How GST rules are causing confusion among businesses

Economy

27 July, 2017

How GST rules are causing confusion among businesses

India's nationwide Goods and Services Tax (GST) was meant to unify the $2 trillion economy and make it easier for ......

Retail inflation eases to five-year low; factory output at 1.7%

Economy

12 July, 2017

Retail inflation eases to five-year low; factory output at 1.7%

India's annual consumer price inflation eased to a lower-than-expected 1.54% in June, the lowest since a new index was adopted ......

India services activity hits eight-month high in June

Economy

05 July, 2017

India services activity hits eight-month high in June

Activity in India's dominant service sector expanded at its fastest pace in eight months in June as new business orders ......

India launches GST in biggest tax reform

Economy

01 July, 2017

India launches GST in biggest tax reform

India early on Saturday introduced its biggest tax reform in the 70 years since independence from British colonial rule.The Goods ......

Retail inflation eases to five-year low in May

Economy

12 June, 2017

Retail inflation eases to five-year low in May

India's annual consumer price inflation eased further to 2.18 percent in May, driven down by cooling food prices, government data ......

India services activity rises to seven-month high in May

Economy

05 June, 2017

India services activity rises to seven-month high in May

Activity in India's services industry accelerated in May as domestic and foreign orders rose, prompting firms to create jobs at ......

Sensex clocks fourth weekly gain, ends at record high

Economy

02 June, 2017

Sensex clocks fourth weekly gain, ends at record high

Indian shares climbed on Friday to post record closing highs and a fourth consecutive weekly gain, with Hero MotoCorp Ltd ......

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