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Mr. Jaitley would chair a meeting of the Empowered Committee of State Finance Ministers on Wednesday. File photo.
The Hindu
Mr. Jaitley would chair a meeting of the Empowered Committee of State Finance Ministers on Wednesday. File photo.

Jaitley to meet State FMs tomorrow on GST roadmap

The government plans to get the Constitutional Amendment Bill on GST passed in the ongoing session of Parliament. »

Investment via P-Notes surges to $43 b

Investments into Indian markets through participatory notes (P-Notes) has surged to the highest level in over seven years at Rs.2.72 lakh crore ($43 billion) in March 2015. P-Notes, mostl... »

Trade deficit widens

Exports continue to fall, underscoring risks for growth prospects in Indian economy »
MUMBAI, April 20, 2015

Stocks tumble on bourses

Stock indices tumbled on Monday as fear gripped the bourses following a slew of negative news, including weak earnings growth and slower-than-expected economic recovery. The fall was fur... »
April 20, 2015
FINANCIAL SCENE

Confusing GDP numbers

In January, the Central Statistics Office (CSO) revised its GDP growth estimates scaling them up by some 1.5 percentage points for 2014-15. A high growth rate of 7.4 per cent during last year was a... »
The decision comes in the wake of difficulties expressed by various sections and tax experts on the new ITR forms. Photo by: K. Gopinathan
New Delhi, April 18, 2015

Govt to review new ITR Forms, make them simple

Government today announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a m... »
Finance Minister Arun Jaitley is in Washington to participate in the meetings of IMF and World Bank.
Washington, April 17, 2015

FM pitches for low taxes, taxpayers as ‘partners not hostages’

Union Finance Minister Arun Jaitley said on Thursday that after the Modi government decided to increase the States’ share in Central taxes in line with the 14th Finance Commission recommendations,... »
Government has taken measures to start creating the platform for sustainable growth and certainly we at the RBI are trying to help. Photo: Paul Noronha
Washington, April 17, 2015
EXCLUSIVE

Trying to bridge gaps with Centre: Rajan

Reserve Bank of India Governor Raghuram Rajan on Wednesday said there were some issues over which the Modi government and the central bank were “trying to persuade one another” but on many others... »
Mumbai, April 16, 2015

Channelise small savings to stock markets: SEBI

The Securities and Exchange Board of India (SEBI) today called for deepening of capital market to help attract household savings away from gold and real estate markets, as also for safeguarding in... »
A construction site in Beijing's central business district. File photo. A recent IMF forecast said China’s growth would further decline to 6.8 this year.
Beijing, April 15, 2015

China’s economy continues to slow, Q1 growth dips to 7pc

China’s economy continued to slow further as it dipped to 7 per cent in the first quarter, the worst slump since the 2009 global financial crisis, raising concerns over the deceleration of the wor... »
Washington, April 14, 2015

IMF predicts India will hit 7.5 % growth, overtake China

The International Monetary Fund on Tuesday forecast India’s growth to strengthen from 7.2 per cent in 2014 to 7.5 per cent in both 2015 and 2016, overtaking China’s growth — for the first time sin... »
New Delhi, April 14, 2015

FDI in services sector up 47 per cent during April-January

With government taking steps to improve the ease of doing business and attract foreign investments, FDI inflows into services sector grew by about 47 per cent to $2.64 billion in April-January las... »
Container trucks carry goods at a sea port in Rizhao in east China's Shandong province. China's trade contracted in March by an expectedly wide margin, adding to expectations Beijing will launch new stimulus to shore up weakening growth in the world's second-largest economy.
BEIJING, April 14, 2015

China’s March exports shrink 15 p.c.

China’s export growth contracted 15 per cent in March from a year earlier in a surprise drop that will exacerbate concerns about the slackening Chinese economy. Analysts had expected expo... »

Retail inflation drops to 3-month low of 5.17% in March

Caught in a dilemma

Textile Minister promises early end to TUFS imbroglio

Don't trust bank balance enquiry app, warns RBI

Rajan says full rupee convertibility in a few years

Thumbs up to Bill

India’s first IFSC becomes operational

Moody’s ups India outlook

India not out of inflation woods: Rajan

 In this photo provided by Pakistan's Press Information Department, Chinese President Xi Jinping, left, shakes hands with Pakistan's army chief Raheel Sharif, at Nur Khan airbase in Islamabad, Pakistan, Monday.
Islamabad, April 20, 2015
Boost for economy

Xi launches $46-bn investment plan in Pakistan

Brushing aside India’s concerns, China on Monday cemented its “all—weather ties” with Pakistan by agreeing to build a strategic USD 46—billion economic corridor through the PoK as... »
Washington, April 19, 2015

‘From depressing scenario we are certainly in a recovery mode’

Union Finance Minister Arun Jaitley spoke to The Hindu’s Puja Mehra in Washington on the state of the economy, on his plans for economic reforms, including the pol... »
A view of container terminal at V.O. Chidambaranar Port Trust in Tuticorin. Photo: N.Rajesh
New Delhi, April 17, 2015

India misses export target in FY15

Indian exports, at $310.5 billion for 2014-15, missed the annual target by 11.52 per cent as March quarter shipments saw a steep fall of 21.06 per cent.India had set a target of $340 billio... »
Moody’s had earlier revised India’s sovereign ratings outlook to 'positive' from 'stable'.
New Delhi, April 17, 2015

India to grow at 7.5 % in 2015: Moody’s

A week after it revised its outlook on India to ‘positive’ from ‘stable’, international credit rating major Moody’s pegged India’s growth at 7.5 percent for 2015. “India’s economy is on... »
Dr. Rajan seemed to suggest the proposed Public Debt Management Authority (PDMA) could be an issue on which they differed.
Washington, April 17, 2015

Concerns about RBI being PDMA overblown: Rajan

Reserve Bank of India Governor Raghuram Rajan on Wednesday said there were some issues over which the Modi government and the central bank were “trying to persuade one another” but on many others... »
NEW DELHI, April 16, 2015

Sugar import duty may be raised

Ahead of a meeting with the Chief Ministers of sugarcane-growing States, the Centre gave an indication on Wednesday that it was willing to raise import duty on sugar to check a fall in domestic pr... »
Inflation measured on wholesale price index (WPI) was at (-) 2.06 per cent in February, (-) 0.39 per cent in January, (-) 0.50 per cent in December and (-) 0.17 per cent in November. It was 6 per cent in March 2014.
New Delhi, April 15, 2015

Fifth straight month of deflating prices

Continuing the deflationary trend for fifth month in a row, inflation touched a record low of (-) 2.33 per cent in March on cheaper manufactured goods and food items, prompting industry to renew i... »
Jammu, April 14, 2015

Rs. 1,283 cr tax dues pending for recovery from traders in J&K

Jammu and Kashmir government has said that over Rs. 1,283 crore is pending for recovery from businessmen on account of taxes in the state.Around Rs. 1,283.07 crore is pending for recovery b... »
Washington, April 14, 2015

India’s GDP growth rate to reach 8% by 2017: World Bank

The World Bank has predicted a GDP growth rate of 8 per cent for India by 2017 and said that a strong expansion in the country, coupled with favourable oil prices, would accelerate the economic gro... »
Due to lower tax collections, total revenue for fiscal year 2014-15 was 6.3 per cent below government’s initial budget projection.
MUMBAI, April 14, 2015

S&P warns Centre of fiscal pressures

India may find it difficult to sustain the increase in public investment spending on infrastructure without further fiscal reforms, said Standard & Poor’s Rating Services in a report on Monday... »

India to clock 7.9% GDP growth in FY16: Morgan Stanley

SBI cuts home loan interest rate by up to 0.25%

Gold prices end high

Stricter outsourcing norms mooted for NBFCs

City’s artery to come alive again

India a bright spot in global economy, says France

India may fall way short of 2014—15 exports target

Moody’s waits for growth evidence

Commodity prices

Take a look at the prices of various commodities in Chennai here»