Economy news, Latest Economic News, GDP, World Economy, Indian Economy - The Hindu- Page 5

Directing field officers to go after fraudsters and non-filers using data analytics, the Revenue Department has fixed the GST target for January and February at ₹1.15 lakh crore each while the March collection is to be ₹1.25 lakh crore.

Centre sets higher GST mop-up target

IANS Tightens noose around evaders

Dimming prospects: The payment will impact the larger value chain, including tower firms, say analysts. K. K. Mustafah

AGR plea dismissal may hit ‘Digital India’

Yuthika Bhargava Apex court’s decision to take a toll on telecom companies’ fund-raising, investment capabilities

Hawkish about inflation, but not dogmatic

Manojit Saha In RBI, Michael Patra is seen as link between academic research, policy-making

Among food articles, vegetable prices surged by 69.69% mainly on account of onions, which witnessed 455.83% jump in prices

Wholesale inflation surges to 2.59% in December

PTI The rate of price rise for food articles rose to 13.12% during December as against 11% a month earlier, while for non-food articles it rose nearly four-fold to 7.72% from 1.93% in November

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Festive season brings cheer for automobile sector

Bank of India posts ₹266 cr. profit as bad loan provisions fall

India's unemployment rate has hit 3-year high, shows CMIE data

GST collections remain subdued at ₹ 95,380 crore in October

India's October unemployment rate rises to 8.5%, highest in over 3 years: CMIE

India to appeal against WTO panel ruling on export incentives

India loses export incentive case filed by U.S. at WTO

With this ruling, India will have to re-work these incentive schemes to comply with the WTO ruling.

Core sector output falls 5.2% in September

Data reflect severity of the slowdown.

U.S. Fed cuts rates, signals it is on ‘hold’

The Federal Reserve cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but

Paid 97% of GST refunds due to MSMEs, says FinMin

₹10,490 cr. payments made, says Ministry in status report

U.S. Fed lowers key interest rate a third time

The FOMC lowered the policy interest rate by 25 basis points to a target range of 1.5-1.75%.

Slowdown temporary, reforms will reverse trend: Mukesh Ambani

‘Steps taken since August will bear fruit in next few quarters’

Indian Bank to provide unsecured loans ‘on the go’

Bank to focus on online sanctioning, disbursement: MD

RBI slaps ₹1 cr. penalty on Bandhan Bank

The banl violated licencing norms, the lender has informed the exchanges

Narendra Modi invites Saudi companies to invest in energy sector

Prime Minister Narendra Modi on October 29 invited Saudi companies to invest in India’s energy space saying that the government has set a target of

RBI imposes ₹35 lakh fine on Tamilnad Mercantile Bank

The Reserve Bank has imposed a penalty of ₹35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification. The

Unemployment, slow economic growth fuels unrest in Arab states, says IMF

Violent protests have broken out in several Arab countries since early 2010 and turned into bloody civil wars in Syria, Yemen and Libya

Ease of business leap is creditable, more reforms needed: World Bank President

Openness to reform, innovation in govt. structures will allow faster growth, he says

Indian economy in transition phase, growth to come back: SBI Chairman

SBI Chairman Rajnish Kumar says, “The economy is in transition largely due to important reforms, including GST and insolvency and bankruptcy code, undertaken in the last three years.

India moves up 14 spots in World Bank’s ease of doing business ranking

India lands on the most-improved list for the third year in a row

Kolkata, Bengaluru to be included in World Bank’s ease of doing business report

India’s rank is expected to improve further from the current 77th position in the annual World Bank’s Doing Business 2020 report

Economic slowdown hits Diwali travel plans

Diwali is one time when most Indians spare no expense to be with their families. But not this year. The reluctance to spend on air travel this

‘Total wealth in India touches $12.6 trillion’

Country now fifth globally in terms of number of ultra-high net-worth individuals

NBFCs raise ₹2.36 lakh cr. in one year via loan sale

Reflects choking up of traditional finance channels: ICRA

Investing for dividend yield? Here's how to navigate it

You should investigate high dividend yield stocks thoroughly before committing investment

Will prepare blueprint for companies looking beyond China: Sitharaman

Nirmala Sitharaman said industry leaders who are contemplating getting their businesses out of China are “definitely considering India as the pitch“.

SBI to conduct e-auction of 11 accounts to recover dues of ₹467 cr

The State Bank of India (SBI) will conduct an e-auction of 11 bad loan accounts on November 7 to recover dues of ₹466.49 crore. In terms of the

Watch | World Bank says India halved its poverty rate since 1990s

The World Bank's observations on India's growth before the Annual meeting between it and the International Monetary Fund in video

Expect Commercial Vehicle industry to bounce back next fiscal despite BS-VI price hike: M&M

As per industry body SIAM data, in the April-September period this fiscal, total domestic CV sales slumped by 22.95% to 3,75,480 units as against 4,87,319 units in the year-ago period

India expresses disappointment over lack of support for IMF quota increase

IMF quotas, which are the primary source of IMF funds, determine voting shares.

360 infra projects show cost overruns of ₹3.88 lakh crore

Of the 1,608 projects monitored by the Ministry of Statistics and Programme Implementation, 360 reported cost overruns and 550 time escalation

Many countries have cautioned on rushing into crypto currencies: Nirmala Sitharaman

IMF Managing Director Kristalina Georgieva also said that digital currency can be abused for illegal purposes and, in the worst case, for financing terrorism

India-U.S. trade negotiations on at full speed: Sitharaman

Responding to a question, she said a totalisation agreement with the U.S. has always been on the cards.

BFSI sector set to offer 1.6 million jobs: study

Scope for reskilling opportunities

Are RCEP trade negotiations on sticky ground?

With a November deadline approaching, why is India still uncertain about joining the grouping?

IMF members delay quota changes, agree to maintain funding

The agreement extended the bilateral borrowing facility by a year - to the end of 2020 and a potential doubling of the NAB.

Government appoints 3 new members to PMEAC

Move follows reconstitution of council

RBI Deputy Governor post vacant for 3 months

The economist - Deputy Governor sits on the Monetary Policy Committee that sets interest rates

SEBI tightens norms to deal with auditor resignations

Directs them to complete limited review before quitting

Monetary policy committee sees further slowdown in growth

Two external members warn of rising inflation expectations

No timeline for economy’s recovery, says Sitharaman

At this stage, it’s my duty to hear every sector, she says

In charts: International Monetary Fund's World Economic Outlook

In the World Economic Outlook released on Tuesday, the IMF downgraded global growth to 3% for 2019, the lowest since 2008–09 and a 0.3 percentage

Despite IMF projections, India still among fastest growing economies: Nirmala Sitharaman

“It’s one of the fastest growing economies too. But that’s not going to make me complacent,” she said.

SC refuses to entertain plea by PMC account holders for lifting restrictions on cash withdrawals

The Supreme court on Friday refused to entertain a plea filed on behalf of scam-hit PMC Bank account holders seeking lifting of restrictions imposed

Oil companies defer decision to suspend fuel supplies to Air India

They had earlier threatened to snap ATF supplies over payment delays

Nirmala Sitharaman says govt. cleaning up banking mess from Raghuram Rajan-Manmohan Singh days

No timeline for economic recovery, says the Union Finance Minister in Washington

‘Individual wealth in India rises 10% to ₹430 lakh crore in FY19’

Major part of this growth came from financial assets: study

FMCG industry sees worst rural growth in 7 years, reveals a study

High rural inflation, lowest annual wage hike since 2009, floods leading to crop loss key factors: study

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