Agriculture, Manufacturing and Industry to push GDP growth to 7.2% in 2018-19 as against 6.7% last year
The numbers suggest growth in agriculture, manufacturing and construction sector contributing massively to the GDP
A special PMLA court today declared Vijay Mallya a fugitive economic offender under the FEO Act,2018.
Decline in gross NPA ratio of commercial banks, may decline further, says RBI in Financial Stability Report
RBI governor Shaktikanta Das has added that stress test results further indicate an improvement in NPA ratio but its current level remains still high for comfort.
59-minute loan approval scheme has approved loans of 1.12 lakh MSME applicants in less than 2 months
Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.
More than 1 lakh companies removed from the Registrar of Companies for not doing any business for two years
Companies without any business for two years are deleted from the register of companies
PM Modi, Amit Shah, Arun Jaitley and Agriculture Minister Radha Mohan Singh met to outline a broad plan to tackle the growing agrarian distress.
Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
In a year when markets have sunk across the world, Modi’s India shines, tops China in corporate deals
This is the story that they will not tell you. In a year when markets have sunk across the world, India, under Prime Minister Modi, shines
After demonetisation, when most demonetised currency returned to the bank, questions were raised on the success of demonetisation itself
We have designed a methodology in which we will consider 30 different categories divided into 11 different parameters to compare what both Governments, Congress and BJP, have done for the middle class
Congress opposing GST rate cut on items that can benefit the middle class is a classic case of Congress trying to stymie benefit to the people of the country for petty political gains.
Vegetables (cooked or uncooked), and frozen vegetables have been shifted to zero percent slab from previous 5%.
Facts, No Fiction: Recent farm loan waiver prove that Congress hasn’t learnt from its past mistakes that drove fiscal deficit up
Populist policies like farm loan waiver of the Congress indicate two things; unwillingness to learn from past economic mistakes and the lack of a sound policy agenda to resolve some of the long-standing issues of Indian farmers.
Nothing justifies this misinformation campaign attempt at political point scoring even though there is no credible point which Congress can harp on to while making those claims.
Congress had announced a similar farmer loan waiver in 2008 which led it to a victory in the 2009 elections
"Today, GST system has been established to a large extent and we are working towards a position 99% things would attract the sub- 18% slab", said Prime Minister Narendra Modi
Amidst speculations over Govt-RBI stand off, Jaitley asks how a mere discussion be considered ‘destruction’ of an institution
Urjit Patel had resigned earlier this week as RBI governor citing personal reasons.
Industrial production growth at a 11 month high of 8.1% in October, while retail inflation dips to 17 month low
The retail inflation has hit a 17-month low of 2.33% in November as against 3.31 per cent in October as the prices of food items, including vegetables have come down.
British-Pakistani Home Secretary Sajid Javid will now contemplate on the order of the court and then decide whether further action on extradition should be taken or not.
Shaktikanta Das, who is currently a member of The Finance Commission and Former Finance Secretary (the one who presided over Demonetisation), has been appointed as the new RBI Governor by the Modi government
Currently, Bibek Debroy is the chairman of the EAC.
The SBI report dismissed the concerns over credit supply to MSMEs as "myth", said that the sector witnessed stupendous loan growth post GST.
Qatar is focusing on natural gas in future, not oil
The Wire comes up with flawed logic to rubbish new methodology which slashed growth rates of Congress regime
The reasons given by the article by The Wire more amusing as it clearly showed their lack of understanding of data, statistic and above all, of economics.
SC grants clearance for RCom’s spectrum sale to Jio, Rcom to furnish Rs 1400 crore corporate guarantee
Once the corporate guarantee is furnished by RCom, the government is bound to give its NOC for the spectrum sale within a week
Rupee does not signal the health of the Indian Economy, however, it is an important indicator as far as the external sector is concerned.
The Rupee rose by 21 paise to 69.64 against the US Dollar.