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

The road to becoming prime minister passes through Lucknow, and so does the path for India to become a $5 trillion economy, Amit Shah said. read more

Finance minister Nirmala Sitharaman will need to balance allowing the budget deficit to widen without risking a credit-rating downgrade and rattling bond markets. read more

Real gross domestic product growth for the fiscal year started April 1 is projected at 7%, the Finance Ministry said in its annual Economic Survey report. read more

Farmers suffering distress or the unemployed young chose to consciously overlook their difficulties in the belief that Modi, if given a second chance, would take care of their problems read more

Even according to the 2004-05 series, GDP growth was less than 5% in 2012-13 and 2013-14. This deceleration in growth came at a time when inflation touched double digits and the trade deficit as a percentage of GDP also breached the 10% barrier. read more

The council’s advice came at a time when the Bharatiya Janata Party-led central government is under tremendous political pressure to take some concrete steps to ease the debt burdens of small and marginal farmers in the light of the 2019 general ele... read more

Speaking at the India-South Africa Business Summit in New Delhi, he said India is the world’s fastest-growing major economy and the government is committed to reforms that will further propel it. read more

The government justified the recall of old, high-value banknotes on grounds that it would help unearth black money and fake currency and curb terror financing. Later, it said the move would help shift India to a less-cash economy by promoting digital... read more

According to World Bank data, India became the world’s sixth largest economy in 2017 surpassing France and was likely to go past the UK which stood at the fifth position. read more

BPSC mains question paper : Bihar Public Service Commission (BPSC) on Tuesday conducted General Studies Paper II of the 63rd Mains Combined Competitive Examination. read more

According to the CSO data, the expansion in activities in ‘agriculture, forestry and fishing’ is likely to increase to 3.8 per cent in the current fiscal from 3.4 per cent in the preceding year. read more

The big take away from the numbers is that the economy has performed much better under the present government. read more

The Indian economy was staring at an inflationary spike due to rising oil prices and falling rupee as recently as a month ago. These fears are not as pertinent anymore. Brent crude has fallen by almost 15% in the last one month. read more

The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India’s growth story. read more