RBI has cut its GDP forecast, revising it down to 6.7 percent this year as against 7.3 percent projected earlier in August.
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The Republic of India and the State of Israel enjoy an extensive economic relationship which has grown exponentially in the last 70 years of robust association.
The historic Goods and Services Tax (GST) was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at midnight today unveiling the new tax regime replacing overnight the messy mix of more than a dozen state and central levies.
The economy under Modi's leadership has seen a major improvement in the past ten months on several fronts; however, certain hiccups are still there which will take time to sort out.
On 2 September 2016, Samsung suspended sales of the Galaxy Note 7 and announced a voluntary recall (referred to as a "product exchange program"), after it was found that a manufacturing defect in the phones' batteries had caused some of them to generate excessive heat, resulting in fires and explosions.
The government had in January 2016 had set up the high-powered panel to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of nearly 50 lakh central government employees and 58 lakh pensioners.
The Supreme Court on Thursday refused to extend the use of demonetised Rs 500 and Rs 1,000 notes in government utility centres like hospitals, railway tickets etc.
Termed as the biggest consolidation deal in the telecom space of India, Reliance Communications and Aircel merged their wireless operations on September 14 to give birth to an entity with assets worth Rs 65,000 crore.
Just after raiding its Noida branch earlier in the day, Income Tax department has conducted raids on Connaught Place branch of Axis Bank.
In the wake of the demonetisation move taken by the government and to promote cashless transaction, Finance Minister Arun Jaitley on Thursday announced a list of sops for digitals users such as Rs 10 lakh insurance for railway tickets books online.
The latest petition that currently commands over 3 million signatures was launched after “What is the EU” topped the charts on Google Trends throughout the UK, Northern Ireland and Scotland on Brexit night.
In an interview with Ashish Pandey of Zee Media, Vijay Jasuja, Chief Executive Officer of SBI Cards & Payment Services Private Limited (SBICPSL), discusses in detail on how the company has emerged as a major player in today's credit card market.
Raghuram Rajan's sudden exit from the post of Reserve Bank of India (RBI) Governor has put the national media and political circles in a tizzy - flooded with series of speculative stories, gossip and slander.
We are below 9 percent now. The losses have been brought down from 53 percent when Tata Power took over in 2002.
Anil Swarup, Coal Secretary India, discusses in detail how the ministry managed to achieve an extraordinary turnaround for Coal India when it was facing a serious production crisis of its lifetime. He also believes that power and coal demand will grow soon, subsequent to implementation of UDAY scheme
Deepak Shenoy, market expert and founder of Capital Mind, talks about the current fiscal scenario and effect of the recent RBI rate cut on the Indian economy
Will the Reserve Bank of India slash the repo rate?
Overall we should do better than other EM’s unless there is a huge commodity rally which will shift the scales in front of India and China.