)
Reducing it to 1.3% would lead to savings of Rs 70,000 crore over 5 years, says Visa
The RBI changed its stance on the neutral real rate and the timeframe for achieving the 4% inflation target, creating room for monetary easing
The report indicates India has made substantial gains on most of the sub-indices
This is largest gain by any country on World economic Forum's rankings
On life expectancy at birth, India fares marginally better than Pakistan
Reliance Jio's strategy of not charging for voice segment is not innovative, but the move could end up hurting incumbents in the near term
Interview with Senior vice-president for sovereign risk, Moody's Investors Service
It also said the recent reforms initiated by the government would enhance the country's medium-term macroeconomic stability
Industrial growth may dip, but economists see improvement after July
Agri, Construction, Mining Play Spoilsport, Capital formation contracts 3.1%
Economic growth data to be released today
According to data from the RBI, the personal loan portfolio of all banks stood at Rs 14.4 lakh crore at the end of June 2016
Creation of 115 million non-farm jobs over next decade critical to sustaining growth, says McKinsey
Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent
Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak