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Page 2541 - Economy & Policy News

Modi slams 'dynasts' for bad loans, says banks lent on orders of 'a family'

Banks lent 'crores' of rupees in contravention of rules to businessmen who were referred by the 'namdars', he alleged

Modi slams 'dynasts' for bad loans, says banks lent on orders of 'a family'
Updated On : 01 Sep 2018 | 6:12 PM IST

Uttarakhand to attract Rs 200 bn in upcoming investors' summit: CM Rawat

To be inaugurated by Prime Minister Narendra Modi here on October 7-8, the summit is being held for the first time in the state on such a large scale

Uttarakhand to attract Rs 200 bn in upcoming investors' summit: CM Rawat
Updated On : 01 Sep 2018 | 5:14 PM IST

Need to grow trade, investment ties between India, Asean: Ficci president

'Asean is a very important market for Indian companies because 650 million people makes a very strong base'

Need to grow trade, investment ties between India, Asean: Ficci president
Updated On : 01 Sep 2018 | 5:09 PM IST

India to be fastest-growing key economy even with slower Q2 growth: Sanyal

Principal Economic Adviser in the Ministry of Finance, Sanjeev Sanyal, was responding to a query about Congress leader P Chidambaram expressing scepticism over GDP growth prospects

India to be fastest-growing key economy even with slower Q2 growth: Sanyal
Updated On : 01 Sep 2018 | 4:39 PM IST

India shrugs off global trade war fears with world-beating GDP growth in Q1

Indian economy may receive a further boost from an anticipated increase in govt spending in coming months, as PM Narendra Modi tries to boost his party's prospects for the general election due in 2019

India shrugs off global trade war fears with world-beating GDP growth in Q1
Updated On : 01 Sep 2018 | 12:18 PM IST

RBI skips meet on stressed power assets; SBI, PNB seek time for resolution

The absence of an RBI representative in the crucial meeting has sent a strong signal that the central bank is in no mood to relax its deadline

RBI skips meet on stressed power assets; SBI, PNB seek time for resolution
Updated On : 01 Sep 2018 | 11:47 AM IST

Gujarat partners with US advocacy group for 'Vibrant Gujarat' summit in Jan

John Chambers, chairman of US-India Strategic and Partnership Forum (USISPF), will lead a high-level CEO delegation to the summit next year, a media release said

Gujarat partners with US advocacy group for 'Vibrant Gujarat' summit in Jan
Updated On : 01 Sep 2018 | 9:16 AM IST

Banking services at doorstep: Modi to launch India Post Payments Bank today

The IPPB will have 650 branches and 3,250 access points across the country

Banking services at doorstep: Modi to launch India Post Payments Bank today
Updated On : 01 Sep 2018 | 8:27 AM IST

News digest: Q1 GDP growth, income tax returns, IPPB launch, and more

From India's economy to IPPB launch, BS brings you top stories to keep up with the latest news

News digest: Q1 GDP growth, income tax returns, IPPB launch, and more
Updated On : 01 Sep 2018 | 3:15 AM IST

Law Commission proposes doing away with concept of Hindu Undivided Family

Income tax experts believe that this proposal has been made primarily because of the government's increased focus on tax compliance

Law Commission proposes doing away with concept of Hindu Undivided Family
Updated On : 01 Sep 2018 | 5:30 AM IST

Income tax returns surge 76%, cross 52 million filings before deadline

The high number, which might still go up, may help the government defend its decision to demonetise Rs 500 and Rs 1,000 in November 8, 2016

Income tax returns surge 76%, cross 52 million filings before deadline
Updated On : 01 Sep 2018 | 2:34 AM IST

Elephant starts running: Q1 GDP growth soars to 9-quarter high of 8.2%

The services sector grew at a slightly slower pace of 7.3% in Q1FY19

Elephant starts running: Q1 GDP growth soars to 9-quarter high of 8.2%
Updated On : 01 Sep 2018 | 2:30 AM IST

Eight core sector growth sees a slight bump, dips to 6.6% in July

On the energy side, coal production maintained growth, despite the rate of rise falling for the third straight month

Eight core sector growth sees a slight bump, dips to 6.6% in July
Updated On : 01 Sep 2018 | 1:54 AM IST

RBI deputy governor B P Kanungo slams states for fiscal indiscipline

Growth in the states' aggregate expenditure has outpaced that of the central government for each of the years since 2011-12

RBI deputy governor B P Kanungo slams states for fiscal indiscipline
Updated On : 01 Sep 2018 | 1:45 AM IST

India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July

Total expenditure for April-July was nearly Rs 8.90 trillion

India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July
Updated On : 01 Sep 2018 | 1:37 AM IST

Bundelkhand Defence Corridor: UP to organise event for investors in Kanpur

Yogi government to showcase 275 de-licensed defence wares for private manufacturing

Bundelkhand Defence Corridor: UP to organise event for investors in Kanpur
Updated On : 01 Sep 2018 | 1:25 AM IST

Q2 likely to see 7.5% GDP growth; election impact in Q3 and Q4

Gross fixed capital formation has more or less chased GDP growth

Q2 likely to see 7.5% GDP growth; election impact in Q3 and Q4
Updated On : 01 Sep 2018 | 5:30 AM IST

India's manufacturing sector rises to a nine-quarter high of 13.1%

The petrochemicals sector saw a credit offtake growth of 19.14% in the first quarter

India's manufacturing sector rises to a nine-quarter high of 13.1%
Updated On : 01 Sep 2018 | 1:23 AM IST

Orissa High Court stops successful bidders of iron ore blocks from mining

Essar Steel, Bhushan Steel & Bhushan Power & Steel were preferred bidders

Orissa High Court stops successful bidders of iron ore blocks from mining
Updated On : 01 Sep 2018 | 1:17 AM IST

India's gross value added in allied activities, agriculture surges to 5.3%

Growth in livestock, forestry and fishing also seems to have played a big role in pushing the growth in the first quarter of 2018-19

India's gross value added in allied activities, agriculture surges to 5.3%
Updated On : 01 Sep 2018 | 1:10 AM IST