It is after a long gap that the tax collection is actually lower than the numbers given in the previous year. Already the development has rung the alarm bells that current economic crisis may be deep-seated and take much longer time to recover from.
US President Donald Trump on Tuesday said the US is in the midst of an economic boom that has never been seen before anywhere in the world.
Union Finance Minister Nirmala Sitharaman has said the kind of cleaning in the system that the BJP-led government had to carry out after coming to power in 2014 was "unbelievable".
Congress national spokesperson Abhishek Manu Singhvi hits out at Bharatiya Janata Party government over unemployment and economy of the country.
Gadkari said that the goal can be achieved by increasing domestic production and reducing dependence on imports. He spoke at the 29th International Management Conclave of the Indore Management Association here.
China's economy grew by 6.1 per cent last year, the lowest annual growth rate in 29 years, National Bureau of Statistics said on Friday, as weak domestic demand and the bruising 18-month-long trade war with the US took their toll on the world's second-largest economic giant.
India attracted tech investments worth USD 9.36 billion last year, a 95 per cent increase compared with the previous year, according to the data compiled by a global database company.
Prime Minister Narendra Modi should have the courage to speak to the students in universities on why the economy of the country had become a disaster, Congress leader Rahul Gandhi said on Monday, while asserting that the PM did "not have the guts" to
Speaking to ANI, market expert Sunil Shah in Mumbai stated that budget is around the corner and Modi government is serious about amending the wrong in economy.
Three Indian cities have been listed as the world's fastest-growing urban areas, a survey by the Economist Intelligence Unit (EIU) revealed. Malappuram, Kozhikode and Kollam were the only three cities to make it to the top 10 of the world's fastest-growing cities.
Unfazed by projections of GDP growth slowing to an 11-year low in the current fiscal, Prime Minister Narendra Modi on Thursday said fundamentals of the Indian economy are strong and it has the capacity to bounce back.
The World Bank has projected a five percent growth rate for India in 2019-2020 fiscal but said it was likely to recover to 5.8 percent in the following financial year.
The decline has been mainly on account of deceleration in manufacturing sector growth, which is expected to come down to 2 per cent in 2019-20 from 6.2 per cent in the year-ago fiscal, as per the first advanced estimates of the national income released by National Statistical Office(NSO) on Tuesday.
While speaking to ANI in Mumbai on January 05, the Chief Minister of Rajasthan, Ashok Gehlot, spoke on various current political issues and targeted BJP government on the same.
While speaking to ANI on in Indian economic slowdown Aam Admi Party (AAP) leader Sanjay Singh said that Govt talking about CAA, NRC, NPR to move people's attention from economy.
Talking about the economic slowdown in India, Nobel laureates Abhijit Banerjee said that it was important that there were no more cuts in corporate taxes.
India marching towards 5 trillion Dollar economy. It is expected that India may become the third strongest economic country by 2034. With this India will surpass Japan by 2034 to achieve the feat.
India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according a recent report by the UK-based Centre for Economics and Business Research (CEBR).
India's economy is expected to rebound in 2020 on the back of measures taken by the government and the RBI coupled with easing of global trade tensions, industry body CII said on Sunday.
Finance Minister Nirmala Sitharaman on Saturday will hold a meeting with heads of public sector banks to discuss various issues including the recently announced government measures to prop up the economy
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