Economy News

Modi government to unveil new industrial policy in two weeks: Report

Modi government to unveil new industrial policy in two weeks: Report

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis.

Aug 09, 2018, 14:52 PM IST
Why do trains across the country get delayed? CAG has the answer

Why do trains across the country get delayed? CAG has the answer

In its report tabled in Parliament, the CAG said the station modernisation plans should address infrastructural constraints.

Aug 09, 2018, 13:40 PM IST
IMF forecasts India's GDP to grow at 7.5% in 2019/20 fiscal year

IMF forecasts India's GDP to grow at 7.5% in 2019/20 fiscal year

The IMF, in the report published on Tuesday, said the near-term macroeconomic outlook for India is "broadly favourable."

Aug 09, 2018, 10:31 AM IST
Petrol, diesel price on 9th August 2018: Check out rates in metro cities

Petrol, diesel price on 9th August 2018: Check out rates in metro cities

Petrol prices in Delhi crossed the Rs 77 a litre mark for the first time in two months due to firming international rates on Tuesday.

Aug 09, 2018, 09:59 AM IST
Strong Indian economy continues to lead global growth: IMF

Strong Indian economy continues to lead global growth: IMF

The IMF Executive Board has forecast India's growth to rise to 7.3 percent in FY2018/19 and 7.5 percent in FY2019/20.

Aug 08, 2018, 09:44 AM IST
Petrol, diesel price on 8th August 2018: Check out rates in metro cities

Petrol, diesel price on 8th August 2018: Check out rates in metro cities

Global crude oil prices have surged nearly 20 percent this year and crossed $80 a barrel in May, their highest since 2014. 

Aug 08, 2018, 09:28 AM IST
Petrol crosses Rs 77 a litre mark, diesel at Rs 68.50

Petrol crosses Rs 77 a litre mark, diesel at Rs 68.50

Fuel prices in Delhi are the cheapest in all metros and most state capitals due to lower sales tax or VAT.

Aug 07, 2018, 14:04 PM IST
Petrol, diesel price on 7th August 2018: Check out rates in metro cities

Petrol, diesel price on 7th August 2018: Check out rates in metro cities

Global crude oil prices have surged nearly 20 percent this year and crossed $80 a barrel in May, their highest since 2014. 

Aug 07, 2018, 09:11 AM IST
GST slabs may be reduced to three to simplify tax system: Sanjeev Sanyal

GST slabs may be reduced to three to simplify tax system: Sanjeev Sanyal

Principal Economic advisor to the Finance Ministry Sanjeev Sanyal on Saturday said Goods and Services Tax (GST) slabs may be brought down to three along with the exemption category in order to

Aug 04, 2018, 17:53 PM IST
US export to India rises, trade deficit drops significantly

US export to India rises, trade deficit drops significantly

The US' export to India in both goods and services has increased this year, resulting in substantial drop in trade deficit as compared with the last year, according to the latest official figures. As

Aug 04, 2018, 10:16 AM IST
GST Council to take up issues of MSME sector on August 4 meeting

GST Council to take up issues of MSME sector on August 4 meeting

Among other major discussion, the reconciliation of GSTR return by the income tax returns of the taxpayers will also be on the agenda.

Aug 03, 2018, 18:15 PM IST
Petrol, diesel price on 3rd August 2018: Check out rates in metro cities

Petrol, diesel price on 3rd August 2018: Check out rates in metro cities

Oil prices were steady on Friday, supported by traders placing new hedges in the futures market in anticipation of a decline in US crude inventories.

Aug 03, 2018, 10:42 AM IST
Petrol, diesel price on 2nd August 2018: Check out rates in metro cities

Petrol, diesel price on 2nd August 2018: Check out rates in metro cities

Brent crude futures were up 40 cents, or 0.6 percent, at $72.79 a barrel.

Aug 02, 2018, 10:10 AM IST
Indian Railways announce limit of free luggage in trains: New structure, penalty and more

Indian Railways announce limit of free luggage in trains: New structure, penalty and more

Passengers are allowed to book and carry excess luggage beyond free allowance, with them in the compartment up to the maximum prescribed class-wise limit on payment of charges at 1.5 times of luggage

Aug 01, 2018, 18:05 PM IST
Konkan Railway to start work on Kolhapur-Vaibhavwadi route soon; to have 10 new stations

Konkan Railway to start work on Kolhapur-Vaibhavwadi route soon; to have 10 new stations

The first station will be inaugurated in January 2019.

Aug 01, 2018, 15:40 PM IST
GST collections rise to Rs 96,483 crore in July

GST collections rise to Rs 96,483 crore in July

The total number of GSTR 3B Returns filed for the month of July up to 31st July, 2018 is 66 lakh.

Aug 01, 2018, 15:11 PM IST
RBI hikes repo rate by 25 basis points to 6.50%, maintains neutral stance

RBI hikes repo rate by 25 basis points to 6.50%, maintains neutral stance

This is the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.

Aug 01, 2018, 14:38 PM IST
Manufacturing sector activity eases in July amid softer increase in output, new orders: PMI

Manufacturing sector activity eases in July amid softer increase in output, new orders: PMI

The Nikkei India Manufacturing Purchasing Managers Index (PMI) stood at 52.3 in July, down from 53.1 in June.

Aug 01, 2018, 12:20 PM IST
Petrol, diesel price on 1st August 2018: Check out rates in metro cities

Petrol, diesel price on 1st August 2018: Check out rates in metro cities

Global crude oil prices have surged nearly 20 percent this year and crossed $80 a barrel in May, their highest since 2014. 

Aug 01, 2018, 09:44 AM IST
RBI, in a tight spot, is expected to raise rates again

RBI, in a tight spot, is expected to raise rates again

In June, the repo rate, or the benchmark lending rate, was raised for the first time in over four years, by 25 basis points to 6.25 percent.

Aug 01, 2018, 06:43 AM IST

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