FICCI welcomed the government’s move a day after Finance Minister Nirmala Sitharaman announced steps to help the nearly stalled real estate sector and increase India’s exports. read more

Suzuki Motor India Pvt Ltd which is the only two-wheeler maker to post double digit growth so far this fiscal, also said uncertainty created over electrification of two-wheelers had also played a role in parent Suzuki Motor Corporation to adopt a wait... read more

The gross domestic product (GDP) numbers, released last week, showed that growth was at 5%, a six-year low. GDP growth has been declining for five consecutive quarters now. read more

Finance ministry on Saturday said the task force will draw up plan for the ‘national infrastructure pipeline’ from 2019-20 to 2024-25. The task force will submit the report on the plan for 2019-20 by October 31 read more

West Bengal’s cheif minister Mamata Banerjee in the state assembly , attacked the government saying that the mission’s launch is an attempt to divert attention from ‘economic disaster. read more

The survey collects data from businesses in the second half of every month. The survey also pointed out that all the sectors it covered except real estate and business services showed sustained growth. read more

Power requirement growth in the nation’s most industrialized states decelerated in the April-July period, as demand from businesses cooled in line with the broader slowdown in Asia’s third-largest economy. read more

Reeling under severe slowdown, Maruti Suzuki India had reduced its production by 33.99 per cent in August. read more

Inflation was very high during the earlier slowdown compared to what it is now. This is the case even if one excludes food and fuel inflation, which plots GDP growth and core inflation (inflation excluding food and fuel). read more

Indian markets, after an extended weekend, opened on Tuesday sharply lower reacting to country’s worsening macro-economic situation as well as weak global cues attributed to the long-lasting US-China trade tiff. read more

On many development parameters, India appears to be almost like a continent, with different states at vastly different stages of development. read more

Congress had been cautioning about the state of the economy for long, Rahul Gandhi added. read more

Maruti Suzuki India is hopeful that revival in demand, specially from rural markets, and peak discounts along with new model launches will play a crucial role converting inquiries into real purchases. read more

Finance Minister Nirmala Sitharaman Presser updates: Union finance minister, along with top officials from finance ministry addressed the media today on Indian economy. Ahead of her address, market benchmark BSE Sensex rebounded from early lows to close... read more

According to Bloomberg report, the government is working on steps to arrest the economic slowdown, which may include an exemption for foreign portfolio investors (FPIs) from tax on super rich announced in the Budget. read more