Union finance minister Arun Jaitley is addressing the media on the state of Indian economy. read more

Speaking to reporters after Prime Minister Narendra Modi reviewed various departments of the finance ministry, finance minister Arun Jaitley said the government is confident of surpassing the 7.2-7.5% GDP growth rate. read more

The President said that the educational institutions must become compatible with the quest for innovation and excellence. read more

Falling food inflation and stagnant core inflation could pose dual challenge for government in an election year read more

Finance Minister Arun Jaitley’s statement comes after a crucial review meeting against the backdrop of a weakening rupee, high oil prices and a widening current account deficit. read more

The economic review meeting on Saturday, which is seen to have lifted investor sentiment at the stock exchange. read more

India, which had been riding an unprecedented boom before the crisis, was also hit badly by the 2008 contagion which originated in Wall Street and swept across the world. read more

Indian businesses -- and multinationals operating here -- have an opportunity to profit from the ruling, which allows businesses and government to tap into the so-called ‘Pink Economy’. read more

While the larger picture is not one of immediate crisis, there are factors that should be cause for concern. read more

On malfeasance and corruption in the NPA problem, former RBI governor Raghuram Rajan said: “Undoubtedly, there was some, but it is hard to tell banker exuberance, incompetence, and corruption apart.” read more

A scrap dealer searches for useful material at a weaving factory that was shut a year ago, in Panipat, Haryana. India launched the Goods and Services Tax (GST) just over a year ago, its biggest ever tax reform, aiming to replace more than a dozen federal and state levies and unify the sprawling economy.

(Adnan Abidi / REUTERS)read more

The party’s mouthpiece ‘Saamana’, in an editorial, said India is moving towards becoming a “banana republic” read more

The Indian rupee’s unabated fall continued for the sixth straight session on Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sen... read more

Intra-day, the rupee plummeted to a historic low of 71.97 a dollar on Wednesday before finding some respite, staging some recovery towards the tail-end. read more

The sliding rupee and expectations of a faster-than-anticipated pace of monetary tightening by the US Fed saw more than $3 billion of foreign portfolio investments moving out in the April-June period. read more