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  Know the 10 most developed Indian cities based on GDP

  India | January 09, 2014 6:47 IST

  New Delhi: India is Asia's third largest economy and is growing every year especially due to its major financial powerhouses - metropolitan cities. Here is list of top 10 cities of India which have contributed

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  Indians pay most for the iPhone 5S: Study

  December 04, 2013 17:12 IST

  New Delhi: A study has shown that Indians end up paying the most for the iPhone 5S across the world!According to data compiled by technology website Mobiles Unlocked, the iPhone 5S costs the Indians the

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  CAD likely to remain lower in Q3 and Q4: India Ratings

  December 04, 2013 16:03 IST

  Mumbai: Pick-up in exports and decline in gold imports are likely to keep the country's Current Account Deficit lower during the rest of the fiscal as compared to the same period last year, a report

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  More spending cuts needed to meet fiscal deficit target: Nomura

  November 29, 2013 23:42 IST

  Mumbai: With fiscal deficit widening to 84.4 per cent of the budgeted target in the first seven months and the revenue collection falling way below the target, the government will have to undertake more austerity

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  GDP grows 4.8 pc in Q2; fiscal deficit, inflation up

  November 29, 2013 20:43 IST

  New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise

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  Nifty surges 84 points on firm buying

  November 29, 2013 19:42 IST

  Mumbai: The market surged on hectic broad-based buying by institutional investors amid positive sentiment over expectation of better GDP data as the NSE benchmark spurted to 84 points to close at 6,176.10.  The quarterly GDP-data

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  Sensex surges 257 pts to two-week high ahead of GDP data

  November 29, 2013 16:47 IST

  Mumbai: The benchmark Sensex jumped 257 points today to its highest level in almost two weeks buoyed by heavy buying in banking, PSU and capital goods shares on hopes that second quarter GDP growth will

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  Finance Minister P Chidambaram to address industry bodies on service tax amnesty scheme

  November 07, 2013 23:23 IST

  New Delhi: Aiming to garner higher revenue from indirect taxes, Finance Minister P Chidambaram will address industry bodies at Chennai, Delhi and Mumbai on Voluntary Compliance Encouragement Scheme 2013. VCES had been introduced with effect

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  Standard Chartered Bank sees marginal breach in FY'14 fiscal deficit target

  November 07, 2013 22:17 IST

  Mumbai: Standard Chartered Bank today warned of a 0.2 per cent slippage in fiscal deficit at 5 per cent of India's GDP due to slower revenue growth. "Our base case is a fiscal deficit of

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  Government plans to use Big Data, Analytics for tax collections: Infosys

  November 04, 2013 21:10 IST

  New Delhi: As government looks at ways to analyse huge amounts data available on corporate as well as individuals to increase tax collections by studying various parameters like spending patterns, IT companies expect strong growth

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  World Bank cuts India's 2013-14 GDP forecast to 4.7%

  October 17, 2013 17:59 IST

  New Delhi: Close on the heels of the IMF, the World Bank on Wednesday slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.“The report

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  India, emerging economies may not return to 8 pc growth: IMF

  October 09, 2013 15:30 IST

  Washington: Emerging economies including India may not be able to return to growth rates of 8 per cent and more under present circumstances and neither would it be advisable for them, an IMF official said.“The

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  Worst is over for rupee, 60-65 per dollar fair value: Montek Singh Ahluwalia

  October 08, 2013 23:41 IST

  NEW DELHI: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the worst is over for the rupee and the fair value for the currency could be between 60 and 65 against the US dollar.“I

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  Trade gap set for huge improvement on lower imports: Analysts

  October 02, 2013 20:10 IST

  Mumbai: India's Current Account Deficit is likely to narrow during 9 months (July-March) of the current fiscal to touch a low of 1.5 per cent of GDP because of lower gold imports, higher overall exports

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  Planning Commission likely to cut average GDP growth in 12th Plan to 6%

  September 29, 2013 18:46 IST

  NEW DELHI: Planning Commission is likely to cut the annual average economic growth rate target of 8 per cent for the 12th Plan (2012-17) to around 6 to 6.5 per cent in its mid-term review

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  India's GDP will improve in second half: Manmohan Singh

  September 28, 2013 18:54 IST

  New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013—14 and that the government is commitment to

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  CBEC eyes Rs 1.24 trillion from service tax

  July 13, 2012 18:05 IST

  Mumbai, Jul 13 :  With the new service tax regime coming into effect from July 1, the government expects to collect a revenue of Rs 1.24 trillion this fiscal, the Central Board of Excise and

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  Syrian opposition rejects UN transition plan

  World | July 01, 2012 16:21 IST

  Beirut, Jul 1: Syrian opposition groups on Sunday rejected a U.N.-brokered peace plan for a political transition in Syria, calling it ambiguous and a waste of time and vowing not to negotiate with President Bashar

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  Consumer confidence slipped in June

  World | June 26, 2012 20:45 IST

  New York, Jun 26: Americans can't seem to shake their uneasy feeling about the economy.Consumer confidence fell in June for the fourth straight month in the row as lingering worries about the economy outweighed relief

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  India cannot expect outside help to tackle economic woes says PM

  India | June 24, 2012 16:57 IST

  New Delhi, June 24:  As government prepares to unveil some measures to revive the economy, Prime Minister Manmohan Singh says India cannot expect “outside help” on a scale which can see the country through its