Economy

Economy

RUPEES

Modi’s war on black money incomplete without taxing farm income

Taxing agricultural income has always been a politically sensitive topic. This was evident last week after NITI Aayog member Bibek Debroy spoke in favour of this above a certain threshold. Immediate clarifications followed that...

India’s growth rate to hit 7.5% in 2018, but US policies pose risk: ESCAP

A UN commission has said that India's growth rate is expected to reach 7.5 per cent in 2018, but warned that if the US policies take a very severe protectionist turn and the trend...
wholesale

India’s wholesale price inflation in March falls to 5.70% month-on-month

India's annual rate of inflation based on wholesale prices softened in March at 5.70 per cent after having risen to over a three-year high of 6.55 per cent in February on rising food and...
Steel industry

Steel exports surge 102% in 2016-17, imports fall 36.6%

Overtaking imports, India's steel exports jumped by 102.1 per cent in 2016-17 to 8.24 million tonnes (mt), as compared to 4.07 mt shipped out in the previous financial year (2015-16), according to a Steel...
Indian economy

Emerging market economies face less supportive environment: IMF

The International Monetary Fund (IMF) has underlined the importance of sustaining growth in emerging markets and developing economies, as they face less supportive external environment. In the analytical chapters of its flagship World Economic Outlook...
RBI

Following MPC line, onus on government to revive economy

The Reserve Bank of India's (RBI) first monetary policy review of fiscal 2017-18 was presented last week amidst expectations of a status quo on the interest rates and speculation of action on a few...

Economic growth must relate to socio-economic justice: CJI

Chief Justice of India Jagdish Singh Khehar on Saturday came down heavily on political parties across the spectrum for their failure to link economic growth with socio-economic justice for the weaker sections of the...

‘India’s growth to bounce back to 7.4% in 2017-18’

India's growth which was likely to slow down to 7.1 per cent in 2016-17 due to demonetisation, will bounce back to 7.4 in the current fiscal on improved investor confidence and business environment as...

Centre proposes duty-free import of 500,000 tonnes of sugar

The Centre on Wednesday proposed allowing duty-free import of 500,000 tonnes of raw sugar until June 12, following estimates of domestic production marking the lowest level in the last seven years. According to a government...
Arun-Jaitley

India likely to grow at 7.2% in 2017, 7.7% in 2018: Jaitley

Finance Minister Arun Jaitley on Saturday said that Indian economy is expected to grow at 7.2 per cent in 2017 which will further rise to 7.7 per cent in 2018. "Though this is a challenging...

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