Economic activity to expand 7.3 pc this fiscal: RBI report
August 30, 2017 21:23 ISTThe RBI said economic activity as measured by Gross Value Added (GVA) is expected to expand by 7.3 per cent in the current fiscal, up from 6.6 per cent in 2016-17.
The RBI said economic activity as measured by Gross Value Added (GVA) is expected to expand by 7.3 per cent in the current fiscal, up from 6.6 per cent in 2016-17.
Finance Minister Arun Jaitley today described the Goods and Services Tax (GST) as a "win-win" deal for all as it will expand the tax net, end "inspector raj" and bring down prices of goods.
Reeling under massive debt and cash crunch, Air India has now decided to take non-vegetarian food off its menu for economy class travellers on all its domestic routes
The current practice was adopted in 1867 to align the Indian financial year with that of the British government.
India is on its way to become one of the most transparent and open economies in the world with sector after sector opening up for foreign investment notwithstanding the wave of protectionism elsewhere, Finance Minister
In an effort to deal with ongoing currency crunch post demonetisation, Prime Minister Narendra Modi has called a high-level meeting at NITI Aayog on Tuesday to take stock of the economy and other imperative issues.
Finance Minister Arun Jaitley today said that infrastructure investment needs a booster and his next Budget in February will concentrate on empowering more open and also private spending to help financial development. Speaking at ET
The government's demonetisation move was to incur "heavy damage to the economy in long term" and cash-less digital payment system "may not be helpful as being thought", experts said today. In a discussion on 'State
The upcoming GST regime may see a higher levy on goods and commodities related to the common man likely to result in expanded assessments on kitchen staples, for example, eatable oils, flavors and chicken. According
New Delhi: Marking a near twofold growth from the previous year, power generation in the country has risen up to 9.5 per cent in 2016 so far, Power Minister Piyush Goyal said today. The power
New Delhi: The recommendation of the 7th pay commission approved by Union Cabinet on Wednesday, to increase the salaries of over 1 crore government employees and pensioners by at least 23.5 per cent, will have
Bhubaneswar: Prime Minister Narendra Modi on Thursday said his government was emphasizing on the development of the economically backward eastern states to uproot poverty in the region. “We don’t want any state or any region
India’s Gross Domestic Product (GDP) grew by 7.9 per cent in the quarter ending March 2016, up from the 7.2 per cent clocked during the quarter ending December 2015.
New Delhi: Drought in 10 states is estimated to impact the economy by at least Rs 6,50,000 crore as about 33 crore people across 256 districts are facing the grave situation, a study has revealed.
Srinagar: People of Jammu and Kashmir become the first casualty of any hostile environment between India and Pakistan, Chief Minister Mehbooba Mufti today said, underlining that only sustained peace in the region can allow her
Geneva:The World Trade Organization on Thursday revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth. In September,
Union Minister Suresh Prabhu today said growth of a nation should include holistic development of a society and its culture rather than only being in terms of economy.
Panaji:Defence Minister Manohar Parrikar today unveiled the much-awaited Defence Procurement Procedure, saying it will ensure transparency and speed in acquisition process and boost the 'Make in India' initiative to reduce dependence on exports. "The
New Delhi: Ahead of the Union Budget, the Economic Survey today termed external environment as challenging but projected a 7-7.5 per cent GDP growth rate in the next fiscal which could accelerate to eight per
WASHINGTON: President Barack Obama today emphasised on the need for teaching computer science as a basic skill to all children in the US and asked Congress to provide funding to help students especially girls and
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