Economy
Economy
US Fed holds rates, warns coronavirus outbreak makes outlook uncertain
The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head ......
Economy
India faces first fall in direct taxes in at least two decades
India's corporate and income tax collection for the current year is likely to fall for the first time in at ......
Economy
Govt may fund $28 bn of FY21 spending via off-budget borrowings
India is likely to fund roughly $28 billion of its expenditure outlay in its upcoming budget for the fiscal year ......
Economy
IMF sharply cuts India growth forecast, upgrades China outlook
The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and ......
Economy
Slowing growth, widening deficit hint at tough choices for upcoming Budget
As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......
Economy
Govt plans new law to protect foreign investment
India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital ......
Economy
Govt to seek more dividend from RBI amid revenue shortfall
India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
India on Tuesday forecast 5% growth for the current financial year, the slowest pace in 11 years, which will likely ......
Economy
Govt plans to cut spending to curb deficit; may hurt growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......
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