Government’s $400 bn exports target ‘aspirational but very much attainable’: CII
New Delhi: The Confederation of Indian Industry (CII) has said Prime Minister Narendra Modi's target of achieving $400 billion in exports is 'attainable' given...
RBI Guv Das praises govt on retro tax move, post-pandemic fiscal response
Mumbai: Reserve Bank Governor Shaktikanta Das on Friday welcomed the government's decision to end retrospective taxation and termed it as a "timely" move.
The career...
Highlights of RBI monetary policy review
Mumbai: Following are the highlights of announcements made by RBI Governor Shaktikanta Das after the third bi-monthly monetary policy review by MPC on Friday:
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RBI retains real GDP growth projection at 9.5 pc for 2021-22
Mumbai: The Reserve Bank on Friday retained the real GDP growth projection at 9.5 per cent for 2021-22 as domestic economic activity has started...
Centre should be more into free-spending policies than balancing deficit, budget: Abhijit Banerjee
Kolkata: Nobel laureate economist Abhijit Vinayak Banerjee on Thursday said that the Union government should be more into free-spending policies like other economies of...
ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart
New Delhi: The Enforcement Directorate (ED) has issued a show cause notice of about Rs 10,600 crore to e-commerce major Flipkart and its promoters...
Indian service sector stuck in contraction territory for third straight month in July: PMI
New Delhi: India's services sector remained in contraction territory for the third straight month in July, as business activity, new orders and employment declined...
Four reasons why more people are not buying electric cars yet
Electric vehicles can play an indispensable role in tackling climate change. However their performance in comparison to diesel and petrol cars and lack of battery charging points...
LS passes bill to amend general insurance law without debate
New Delhi: A bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers was passed on...
Govt says no proposal under consideration to waive farmer loans
New Delhi: The government on Monday said there is no proposal under consideration to waive loans of farmers, including Scheduled Caste and Scheduled Tribe...