Economy
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India's economic growth 'much weaker' than expected: IMF
World | Sep 13, 2019, 06:41 AM 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 | Sep 07, 2019, 11:01 PM 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 | Sep 06, 2019, 10:22 AM 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 | Sep 05, 2019, 07:45 AM 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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GST collections drop below Rs 1 lakh crore to Rs 98,202 crore in August
Business | Sep 01, 2019, 05:39 PM ISTGross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 lakh crore.
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Cash-strapped Pakistan launches its own mineral water brand to cut costs
World | Sep 01, 2019, 02:06 PM ISTThe Pakistan government has launched its own mineral water brand to cut costs as part of its austerity drive to solve the cash-strapped nation's financial woes, according to a media report.
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State of economy deeply worrying, reach out to sane voices: Former PM Manmohan Singh to govt
India | Sep 01, 2019, 11:35 AM ISTFormer Prime Minister Manmohan Singh on Sunday expressed concern over the state of the economy in the country. He urged the government to steer out economy of the "man-made crisis."
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Overlooked for chairman post, CBDT member Akhilesh Ranjan seeks retirement
India | Aug 30, 2019, 07:49 PM ISTThe government on Thursday gave a one-year extension to CBDT Chairman P C Mody, who was set to retire on August 31. Ranjan, Member Legislation in the CBDT, was next in the succession line for the CBDT chief and is stipulated to retire in April next year.
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India to overtake China as largest importer of coking coal: Fitch Solutions
Business | Aug 30, 2019, 01:14 PM IST"As a result, we expect India to overtake China as the largest importer of global coking coal by 2025, despite the country only importing half as much as China in 2017," it added.
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Government to announce two big steps to boost industry
Business | Aug 29, 2019, 09:27 PM ISTSitharaman hit out at the Congress for indulging in "huge corruption and scandals" to run the economy and said its tenure saw inflation touching double digits with skyrocketing prices.
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Bank fraud touches Rs 71,543 cr in 2018-19: RBI annual report
Business | Aug 29, 2019, 07:08 PM ISTIn FY19, banking sector reported 6,801 frauds involving Rs 71,542.93 crore as against 5,916 cases involving Rs 41,167.04 crore reported in 2017-18.
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Amit Shah: Security must to make India $5 trillion economy
India | Aug 28, 2019, 01:57 PM IST"Modiji wants to make India a $5-trillion economy, and put it among the world's top three. But economic progress is not possible without securing the country. There is need to maintain external security and law and order in the states," Shah said during the 49th Foundation Day celebrations of the Bureau of Police Research and Development (BPR&D).
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SETBACK: Pakistan sees record high fiscal deficit, economy plunging into deep crisis
Business | Aug 28, 2019, 02:07 PM ISTPakistan has suffered yet another setback with its economy plunging into a deep crisis. Pakistan's frightening situation can be clearly seen as it saw record high fiscal deficit but the country's Prime Minister and the entire leadership is busy issuing threats of war and jihad against India after the abrogation of Article 370 in Jammu and Kashmir.
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From FPIs surcharge to good news for Auto sector: Top business headlines at this hour
Business | Aug 23, 2019, 07:07 PM ISTFollowing are the top business stories of Friday, August 23. Nirmala Sitharaman's much-awaited announcement on FPI surcharge is finally here along with some good news for Auto sector that was witnessing its worst crisis in decades. IndiaTvNews.com brings to you the business news round-up of the day.
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Govt's own advisers have admitted economy in deep mess: Rahul
India | Aug 23, 2019, 04:05 PM IST"Now, accept our solution and remonetise the economy, by putting money back in the hands of the needy and not the greedy," Gandhi wrote on Twitter.
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Slowdown in economy due to structural and cyclical factors: SBI study
Business | Aug 14, 2019, 07:44 PM ISTThe country's economy is showing signs of a slowdown, with hi-frequency indicators like industrial output posting subdued growth and automobile sales touching historical lows.
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Mukesh Ambani says ongoing slowdown 'temporary'
Business | Aug 12, 2019, 04:56 PM ISTDescribing the fundamentals of the Indian economy as strong, Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Monday said that the ongoing slowdown in some sectors of the economy is temporary.
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$1 trillion exports for India becoming $5 trillion economy: Piyush Goyal
Business | Jul 31, 2019, 09:30 PM ISTMinister of Railways and Commerce & Industry Minister Piyush Goyal said that the ministry is working on making India's export products competitive and simplifying rules and regulations for easy availability of export credit.
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Chinese economy at its slowest pace in second quarter, trade war with US one of the reasons
World | Jul 15, 2019, 11:47 AM ISTThe country logged a growth of 6.2 per cent amid the trade tensions with the United States. The damaging trade with the US is seen as one of the reasons for the slump in the world's second-largest economy.
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No change in dividend distribution tax: Finance Secretary
Business | Jul 12, 2019, 07:00 PM ISTThe key changes in Budget's taxation-related measures affecting the deal market include the extension of buy-back tax-related provision to listed entities.