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Economy
GDP growth to exceed 7.5% this fiscal: Govt
The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.
Latest News
Gujarat easiest place to do business in India: World Bank
The move would also help in improving India's overall ranking in the global Doing Business Study. India has been placed at 142nd position among 182 nations.
WPI, retail inflation touch new lows bolstering rate cut hopes
Consumer price inflation eased to 3.66 percent in August from 3.69 percent, while wholesale prices tumbled for a tenth straight month to minus 4.95 percent compared with a provisional (-) 4.05 percent in July.
Retail inflation falls to a new low of 3.66% in August
Retail inflation fell to a new low of 3.66 percent in August due to a slower rate of price rise in vegetables, fruits and protein items, except pulses, which may prompt the Reserve Bank to cut rates at its September 29 policy meet.
Coal scam: Ex-CBI officer empowered to summon in probe against Sinha, says SC
The Supreme Court Monday entrusted ex-CBI Special Director M L Sharma with the power to summon any person in his inquiry against Ranjit Sinha, accused of scuttling probe in the coal block scam as the agency's chief.
Goldman Sachs pegs India growth at 8% on TEE's boost
India is likely to become the fastest-growing emerging market this year and its potential growth could rise to 8 percent over the next five years driven by Technology, gains in Education and Ease of doing business due to less red tape, Goldman Sachs said today.
New civil aviation policy in advanced stage: Minister
The proposed new civil aviation policy was under advanced stage of preparation and the draft would be placed in the public domain for eliciting opinions, Civil Aviation Minister Ashok Gajapathi Raju Pusapati said Monday.
Gujarat is best Indian state for business: World Bank
Gujarat was ranked on the top Monday, among states, on the ease of doing business index prepared by the World Bank, while Andhra Pradesh and Jharkhand were placed at the second and third positions, respectively.
August retail inflation hits a multi-year low of 3.66%
Retail inflation for the month of August fell to multi-year low of 3.66 percent on account of cheaper food prices, including of vegetables, fruits and cereals, as per data released by the Central Statistics Office (CSO).
PM Modi meets officials of power utilities to tackle mounting debt
The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore. Faced with acute financial stress, many of these are unable to buy power.
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