The 6-0 unanimity shock that foxed financial markets
The unanimity reflects that MPC is more wedded to its mandate of keeping inflation at 4%.
RBI may wait for Budget announcements before taking rate cut decision
“The forthcoming union budget will also provide better insight into fur...
Good coordination with government on policy measures: Shaktikanta Das
The governor said the central bank would like to see greater clarity on...
Govt garners Rs 2.03 lakh cr revenue from Coal India in last 6 fiscals
"The government has collected Rs 2,03,221.12 crore in revenue from Coal India in the last six years beginning from financial year 2013-14 up to the last fiscal 2018-19," Coal Minister Pralhad Joshi said in a written reply to the Lok Sabha.
Registrars of Companies removes 3.39 lakh companies in last 2 fiscals
Minister of state for corporate affairs Anurag Singh Thakur said that the ministry through its RoCs files prosecutions against companies that have not filed financial statements from time to time.
NoBroker expands to Delhi NCR; aims to be present in 20 major cities over next four years
Since its launch in New Delhi, NoBroker.com has already garnered 62,000 consumer registrations and over 27,000 listings on the platform. It has, thus far, facilitated over 1100 deals in the region.
Infy BPM is set to scale mount $1 billion in revenue this fiscal
Infosys BPM is expected to nearly double its revenue to $1 billion in the ongoing fiscal year.
View: Strong fiscal stimulus must accompany monetary easing to revive growth
Monetary policy is far more effective in dealing with rising inflation than with a growth slowdown.
India's growth might have reached a trough: Goldman Sachs
“We expect that the slowdown episode that began in January 2018, to end soon, in response to better global growth, easier domestic financial conditions, positive fiscal impulse, some uplift in sentiment, and an easing of supply bottlenecks” said Prachi Mishra, India economist for Goldman Sachs.
ET View: Time to boost demand, forget the fiscal deficit target
The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
Japan stocks end higher on trade hopes, talk of fiscal spending
Nikkei index closed up 0.28 per cent at 23,437.77, with advancers in the IT sector.
BuildNext plans 25 experience centres by next fiscal: Official
Pan-India expansion of BuildNext is on the cards with primary focus on Karnataka, Tamil Nadu, Maharashtra and Andhra Pradesh, founder of the Kerala-based startup Gopikrishnan V said.
States to pile up debt in slowing economy: Moody's
Challenges in controlling deficits at the state level will also hit fiscal consolidation efforts at the Centre
No intention to revise fiscal deficit target: Govt
"No sir," Minister of State for Finance Anurag Thakur said in a written reply in the Rajya Sabha to a query if the government intends to revise fiscal deficit in view of the economic slowdown. The minister further said expenditure of various ministries and departments of the government is as per the estimates approved by Parliament.
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