Economy
Top points! From bank deposit insurance to telecom losses, here is what FM Nirmala Sitharaman said today
Fri, Nov 15, 2019
Union Finance Minister Nirmala Sitharaman on Friday spoke on a number of issues ranging from the interim dividend from RBI to bank deposit insurance money and losses reported in the telecom sector.
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GST Annual Return Filing: GSTR 9, GSTR 9C forms simplified, deadline EXTENDED - Check new schedule, last dates
Thu, Nov 14, 2019
Notifying the key changes, Central Board of Indirect Taxes and Customs (CBIC) confirmed that the government on Thursday extended the due dates for filing of annual return (GSTR-9) and reconciliation statement (GSTR-9C) for financial year 2017-18 to December 31, 2019 and for financial year 2018-19
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China's economy grinds lower as October indicators miss forecasts
Thu, Nov 14, 2019
China`s industrial output grew significantly slower than expected in October, as weakness in global and domestic demand and the drawn-out Sino-U.S. trade war weighed on activity in the world`s second-largest economy.
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S.C. Garg Reform Action Plan-I: Ex-Eco Affairs Secy calls for PSU shutdown
Fri, Nov 08, 2019
Classifying public sector as "mule", Garg said, "The public sector is a mule, which is a cross between the government and the private sector. It does deliver service, but is not as efficient business as the private sector".
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Modi saved Indian economy from RCEP: Skoch Group
Tue, Nov 05, 2019
The SKOCH Group had voiced its concerns on the agreement at a recent meeting with the BJP. The Swadeshi Jagran Manch led by Ashwani Mahajan had strongly opposed the agreement for its adverse impact on farmers, particularly on the dairy sector.
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Proud Moment for India! Country jumps 14 places in Ease of Doing Business from 77th to 63rd spot - Full list
Thu, Oct 24, 2019
India is going from strength to strength and the world is taking note. This is reflected in the rising graph of India in global ranking. Significantly, India has further improved its ease of doing business ranking, jumping 14 places to 63rd rank.
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FM Sitharaman asks G-20 to take steps to revive growth, create reforms
Fri, Oct 18, 2019
Earlier this week, the IMF downgraded global growth for 2019 to 3% which is the slowest pace since the global financial crisis. At the same time, it also slashed economic growth forecast for India to 6.1% for the current fiscal from its July projection of 7%, citing weaker-than-expected outlook for domestic demand.
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WATCH: Chinese President Xi Jinping reaches Chennai for meet with PM Modi, welcomed by folk dancers
Fri, Oct 11, 2019
Chinese President Xi Jinping arrived in India on Friday afternoon to a great welcome at the Chennai Airport. He was welcomed by folk dancers and musicians upon his arrival. Jinping is in India as part of his maiden two-day visit to the state to participate in the second informal summit with Prime Minister Narendra Modi at Mamallapuram.
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RBI raises lending limit of micro-finance institutions
Fri, Oct 04, 2019
It also proposed to increased the household income limit for borrowers of NBFC-MFIs from the current level of Rs 1 lakh for rural areas and Rs 1.60 lakh for urban or semi urban areas to Rs 1.25 lakh and Rs 2 lakh, respectively.
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RBI rate cuts benefit only home, car buyers, not us: MSMEs
Fri, Oct 04, 2019
On expected lines, the RBI on Friday cut the repo rate by 25 basis points to 5.15 per cent from 5.40 per cent. This is the fifth straight cut in lending rate taking the cumulative interest rate reduction to 135 basis points since February this year.
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Rate cut cycle may extend on sub 4% inflation
Fri, Oct 04, 2019
"It is in this context that the MPC (Monetary Policy Committee) decided to continue with an accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target," the RBI said.
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RBI policy announcement: Zee Business poll favours 0.25% rate cut
Fri, Oct 04, 2019
The first question asked was if the RBI will once again go for rate cut. About 80% respondents opined that there is a possibility of 0.25% rate cut, and after this rates will be paused or put on hold for coming days.
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Fed policymakers 'open' to rate cut as risks to outlook rise
Fri, Oct 04, 2019
The Fed has cut rates twice this year as U.S. businesses were hit by rising trade tensions with China, political risk including Britain`s potentially chaotic divorce from the European Union, and weakening economic growth in Germany and elsewhere.
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