Economy
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Slowdown seen world over, but India fastest growing: Javadekar
India | October 19, 2019 17:21 ISTUnion minister Prakash Javadekar said here on Saturday that an "atmosphere" of economic slowdown prevails world over, but India is still the "fastest developing" economy.
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China's GDP growth slows to 6 per cent in Q3, slowest since 1992
World | October 18, 2019 16:00 ISTChina's growth slumped to 6 per cent in the third quarter of 2019, its lowest level in nearly three decades, as the world's second largest economy struggled to overcome the impact of a bruising trade war with the US and sluggish domestic demand, according to official data released on Friday.
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India has worked on fundamentals, but problems needs to be addressed
India | October 17, 2019 23:12 ISTThe International Monetary Fund on Thursday said though India has worked on the fundamentals of its economy, there are problems, including the long-term drivers of growth, that need to be addressed.
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Economy was strong under Manmohan Singh: Rahul Gandhi
October 13, 2019 22:36 ISTHe said that Prime Minister Narendra Modi ridiculed his predecessor Manmohan Singh, mocked the Congress everywhere and even alleged that India achieved nothing in 70 years.
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World trade is likely to slow down further in 2019: RBI
Business | October 12, 2019 21:11 ISTThe apex bank, in its monetary policy report, said the forward-looking indicators suggest that world trade is likely to slow down further this year.
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Congress attacks Bhagwat over statements on lynchings, economy
India | October 08, 2019 16:11 ISTThe Maharashtra unit of Congress on Tuesday slammed RSS chief Mohan Bhagwat over his claims that the Rashtriya Swayamsevak Sangh had nothing do with lynchings and there was no economic slowdown in the country.
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Pak Army chief Bajwa gives pep talk to worried business leader
World | October 04, 2019 19:36 ISTWith Pakistan's economy facing serious woes, army chief Gen Qamar Javed Bajwa has stepped in to give a pep talk to prominent business leaders, who vented their anger at the Imran Khan government's tepid response to their problems on Friday.
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Yechury likens PSUs privatisation to selling family silver
India | September 27, 2019 13:24 ISTHe also alleged that while Modi was busy campaigning for US President Donald Trump, he was also "dismantling" India's Constitutional order.
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When will Indian economy recover? Here is what a report claims
Business | September 26, 2019 15:33 ISTThe Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the government to boost growth, says a report.
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PM Modi reveals how India will become a $5 trillion economy
Business | September 25, 2019 19:20 ISTDemocracy, judiciary and infrastructure will lead us to our goal of becoming a $5 trillion economy, Prime Minister Narendra Modi said at the Bloomberg Global Business Forum
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Modi govt likely to bring ordinance to cut tax rates for individuals
India | September 24, 2019 21:38 ISTTax bonanza for individuals could be on cards as the Modi government is planning to slash existing tax rates for individual taxpayers in an effort to boost demand. The news comes after task force on direct taxes recommended revising income tax slabs.
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SIAM welcomes ‘bold’ announcements to reduce corporate tax
Business | September 20, 2019 14:30 ISTWadhera welcomed the bold announcements including the reduction of the corporate tax rate to 22 per cent and no minimum Alternate Tax for companies not availing incentives under the Income Tax Act.
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RBI expects growth to pick up from Q2 on government spending
Business | September 20, 2019 12:46 ISTReserve Bank governor Shaktikanta Das Friday exuded confidence that second-quarter GDP numbers will be better than the previous one as the government has started spending again.
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India certain to become $5 trillion economy by 2024: Amit Shah
India | September 17, 2019 23:12 ISThah also promised that no Indian will be left without a house, bank account, toilet, electricity, road connectivity or any basic need of life by 2022.
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India to become $10 trillion economy by 2030-32: Rajnath Singh
India | September 17, 2019 20:10 ISTSingh was speaking at the annual conclave of Delhi-based Society of Indian Defence Manufacturers (SIDM).
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Economy weak, but not army: Pakistan Rail Minister to India
World | September 13, 2019 22:43 ISTReaffirming Islamabad's commitment to the people of Kashmir in their time of need, he said Prime Minister Imran Khan would do the same in his UN address later this month.
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India's economic growth 'much weaker' than expected: IMF
World | September 13, 2019 6:41 ISTIndia's economic growth is "much weaker" than expected, the IMF said on Thursday, attributing the reasons to corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies.
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Need well conceived strategy to make India five trillion economy: Manmohan Singh
India | September 07, 2019 23:01 ISTSingh was speaking at the JK Lakshmipat University, where he was felicitated with the 'JKLU Laureate Award 2019' for his contribution in public service, governance, economy and nation building.
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Ashok Leyland shuts Chennai plant for 5 days
Business | September 06, 2019 10:22 ISTThis comes after the slowdown in market hitting Medium & Heavy Commercial Vehicle (M&HCV) sales by 70 per cent in August 2019. The Chennai-headquartered automaker has seen almost 10 days of no-production during last month.
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Anurag Thakur asks Manmohan Singh, Chidambaram to check economy figures during UPA rule
India | September 05, 2019 7:45 ISTMinutes after Chidambaram stepped out of a courtroom in Delhi on September 3, when journalists asked him what he had to say about his CBI custody, the former finance minister said, "Five per cent. Do you know what is five per cent?" Unfazed by the criticism by the opposition leaders, Thakur said India would become a USD 5 trillion economy well before 2024-25, a target set by Prime Minister Narendra Modi.
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