Economy News

Finance Minister hints at no cut in excise on oil,..

Union Minister Arun Jaitley urged citizens to pay their due share of taxes "honestly" to reduce dependence on oil as a revenue source, and virtually ruled out a..

Government to meet fiscal deficit target of 3.3% d..

The government is committed to meeting the fiscal deficit target of 3.3 per cent for the current fiscal despite it being an election year, Finance Minister Piyush Goyal s..

Jaitley lauds GDP growth, says job creation is on ..

In yet another long blog, Finance Minister and senior BJP leader Arun Jaitley on Monday lauded the fourth quarter GDP growth of 7.7 per cent saying the future looke..

India has lost demographic dividend : T V Mohandas..

India no longer enjoys the advantage of demographic dividend as it's saddled with crores of youngsters with low skills unsuited to the economy, claimed a human resour..

India fastest growing major economy, trend to cont..

Union Minister Arun Jaitley has said that 7.7 per cent economic growth in the fourth quarter of 2017-18 'firmly' established India as the fastest growing major ec..

`New India 2022` document to be finalized soon: NI..

NITI Aayog has said that development agenda for 'New India 2022' will be finalised in a month or so after seeking comments from states. Commenting on the issue, N..

India will achieve 10% GDP growth by Q4 of fiscal ..

The government is hopeful of achieving double-digit gross domestic product (GDP) growth in the country by the fourth quarter of the ongoing financial year, Railway and Co..

Tripura Assembly to begin budget session on Tuesda..

The Tripura Assembly will begin its 11-day budget session from Tuesday, Speaker Rebati Mohan Das said here on Monday. "Deputy Chief Minister Jishnu Debbarma would..

IFCI expects to recover Rs 2,000 cr from NPAs reso..

India's oldest financial institution, IFCI has said that it expects to recover about Rs 2,000 crore from the resolution of non-performing assets (NPAs) during the cur..

Government must drive collaboration with countries..

A recent ASSOCHAM-PwC joint study has suggested the Government to drive cross-border collaboration with countries leading in AI (artificial intelligence) research whereby..

Provide fresh ideas to Finance Commission, PM tell..

Prime Minister Narendra Modi asked state governments to provide "fresh ideas" to the 15th Finance Commission for incentivising outcome-based allocations even as..

India envisioned as five trillion-dollar economy: ..

Prime Minister Narendra Modi said the world expects India to become a five trillion-dollar economy soon, reported PTI. "The world expects India to become a five tril..