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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
State FMs to meet on Sep 15 to finalise model GST legislations
"The September 15 meeting of the Empowered Committee will discuss the model draft legislations that will be needed for implementing GST," an official said.
Govt mulls selling LED bulbs at Rs 44 under DELP scheme
Under its Domestic Efficient Lighting Programme (DELP), the government procures LED bulbs through competitive bidding and provides those to consumers at much competitive rates.
GST deadline: Early winter session holds key for states' nod
It appears to be a race against time as the government mulls convening an early Winter Session of Parliament to ensure rollout of the ambitious nationwide indirect tax regime GST by April next.
New Delhi most expensive Indian city for expats: Survey
New Delhi has moved up 6 spots in the regional ranking to 41st place. Globally, it is now 174th most expensive location for expatriates, up from 208th last year.
In India, utility debts threaten Modi's power-for-all drive
States who cannot pay banks what they owe over the next few years could be forced to turn to the central government for help, putting pressure on India`s consolidated fiscal deficit.
Policymakers need to change regulatory mindset: FM Jaitley
Finance Minister Arun Jaitley on Saturday said policymakers need to change their regulatory mindset asserting that role of state should be minimised and government monopoly must end wherever possible.
Oil prices retreat as Goldman Sachs cuts forecasts
Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.
US stocks tick up ahead of Fed policy meeting
The US stocks pared early losses to end higher Friday, as investors pondered over economic reports ahead of the US Federal Reserve's key policy meeting.
IIP July output grows 4.2%; India Inc pitches for rate cut
With industrial output growing at 4.2 percent in July, India Inc Friday said it indicates a revival in industrial activity and reiterated the demand for a rate cut by the RBI to provide a fillip to industrial growth.
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