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Ajeet Kumar

Leads the business and technology team at A business journalist to the core, his expertise lies in commodities, agriculture, markets, personal finance and socio-political economy of India. 

India's exports rise for 5th month in January; gold imports drop 30%

India's exports continued to grow for the fifth straight month, expanding by 4.32 percent to USD 22.11 billion in January against USD 21.19 billion in the same month of 2016.

Government projects record foodgrains output in 2016-17

The government has set a target to achieve a record foodgrains production of 271.98 million tonnes in 2016-17 crop year on back of good monsoon after two consecutive drought years.

Demonetisation will be a case study for economists worldwide, says PM Modi

Answering criticism over demonetisation, Prime Minister Narendra Modi on Wednesday said that the fight against corruption and black money is not a political fight.

Budget 2017: All the key direct tax proposals impacting you

In a major relief to the salaried class, the Finance Minister Arun Jaitley while presenting the Budget 2017-18 in Parliament on Wednesday proposed to halve the tax rate for income between Rs 2.5 lakh and Rs 5 lakh to 5 percent.

Union Budget 2017: Tax rate halved to 5% for income of Rs 2.5-5 lakh; 10% surcharge on income between Rs 50 lakh-1 crore

The change in the personal income tax rate for individual assessees between Rs 2.5 lakh and Rs 5 lakh income would reduce the tax liability of all persons below Rs 5 lakh to either to zero (with rebate) or 50 percent of their existing liability.

Union Budget 2017-18: How tax proposals will affect you

While presenting the Budget for the financial year 2017-18, Finance Minister Arun Jaitley on Wednesday proposed  to  reduce  the  existing  rate  of  taxation  for  individual assesses between income  of Rs 2.5 lakhs to Rs 5 lakhs to 5% from the  present rate of 10%.

Union Budget 2017: As it happened

Finance Minister Arun Jaitley on Wednesday proposed to reduce existing rate of taxation of those with income between 2.5 lakh to 5 lakh from 10 percent to 5 percent while presenting the Union Budget 2017.

Economic Survey 2017 Overview: India's GDP to grow between 6.75-7.5% in FY 2017-18

A day before the presentation of Union Budget 2017, the Economic Survey on Tuesday pegged the country's economic growth at a conservative level of  6.75-7.5 percent for the next fiscal.

Budget 2017: Govt needs to overhaul its approach towards agriculture

Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it.

Payments banks can pose challenge to traditional banks due to lower cost: FM Jaitley

Jaitley said that about 650 India Post Payments Bank branches will be opened by September this year and that will have a multiplier impact as far as banking in India is concerned.

Cabinet approves listing of 5 public sector general insurance companies

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi on Wednesday gave its ‘in principle’ approval  for listing of five public sector general insurance companies in the stock exchanges.


Budget 2017: Expectations of retail investors

Budget 2017: Expectations of retail investors

Budget 2017: Here's what senior citizens expect

Budget 2017: Here's what senior citizens expect

Budget 2017: Expectations of salaried class

From the common man’s perspective, Union Budget 2017 could be really a litmus test for the Modi government.

Zeta launches paperless LTA claims platform in India

Zeta, a Fintech startup offering smart employee benefits for tax saving under its Optima brand, Friday announced the launch of the fully digital Leave Travel Allowance (LTA) solution.

SpiceJet inks deal with Boeing for 205 aircrafts worth Rs 1.5 lakh crore

With this deal, SpiceJet has enhanced its existing order of 55 aircraft with additional 100 firm B737-8 MAX and 50 purchase rights for B737-8 MAX and wide-body aircraft.

Airtel Payments Bank: All you need to know

Know the key facts about the Airtel Payments Bank.

RBI continuing to press ahead for smooth transmission of monetary policy: Urjit Patel

RBI Governor Urjit Patel on Wednesday said that the central bank will continue to press ahead for a more fluid and smooth transmission of monetary policy.


New IRCTC Connect App: All you need to know

Know the key features of new IRCTC Connect App.

India on threshold of becoming world's most digitised economy: PM Modi

Prime Minister Narendra Modi on Tuesday said that India is on threshold of becoming most digitised economy in the world.

India's FY17 GDP growth pegged at 3-year low of 7.1% vs 7.6% in FY16; demonetisation impact not factored in

The economic growth is expected to be 7.1 percent in FY 2016-17 as compared to the growth rate of 7.6 percent in FY 2015-16.


Deadlock over dual control continues, GST Council to meet again on January 16

The 8th meeting of GST Council failed to break deadlock over the issue of dual control of assesses under the new indirect tax regime, an issue that has been holding up supporting bills essential for the GST rollout from April 1 next year.


Now, LPG customers to get Rs 5 discount per cylinder on booking and paying online

Oil companies have offered discount of Rs 5 per LPG cylinder on booking and paying online.

RBI asks banks to supply at least 40% of currency to rural areas

The Reserve Bank of India (RBI) on Tuesday asked banks to supply at least 40 percent of currency to rural areas.

Demonetisation: Borrowers get additional 90 days to repay loans

In view of cash crunch being faced by borrowers, the RBI on Wednesday provided additional 90 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore.