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Economy

Govt scraps import tax on open cell TV panels to boost manufacturing

Economy

18 September, 2019

Govt scraps import tax on open cell TV panels to boost manufacturing

India has scrapped a tax on imports of open cell TV panels, used to make television displays, in a move ......

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Consumer

18 September, 2019

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Companies in India will seek exemptions from the government’s planned ban on certain plastic items, fearing the move will disrupt ......

GST panel unlikely to favour tax rate cut for auto sector

Economy

17 September, 2019

GST panel unlikely to favour tax rate cut for auto sector

India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components ......

Fiscal deficit under threat if oil surge continues: RBI Governor

Finance

16 September, 2019

Fiscal deficit under threat if oil surge continues: RBI Governor

India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......

August wholesale inflation remains unchanged at 1.08%

Economy

16 September, 2019

August wholesale inflation remains unchanged at 1.08%

India’s annual wholesale price inflation in August was 1.08%, government data showed on Monday, remaining unchanged from the previous month. Last ......

India's trade deficit narrows to $13.45 bn in August

Economy

13 September, 2019

India's trade deficit narrows to $13.45 bn in August

India’s trade deficit in August narrowed to $13.45 billion from $17.92 billion a year ago, the trade ministry said in ......

Retail inflation climbs to 10-month high in August but another rate cut likely

Economy

12 September, 2019

Retail inflation climbs to 10-month high in August but another rate cut likely

India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term target, ......

India likely to miss fiscal deficit target amid pressure for more stimulus

Economy

04 September, 2019

India likely to miss fiscal deficit target amid pressure for more stimulus

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from ......

India services growth slows in August on weaker demand

Economy

04 September, 2019

India services growth slows in August on weaker demand

Activity in India’s dominant services industry expanded at a slower pace in August as demand softened, according to a business ......

India's economic growth slumps to 5% in April-June quarter

Economy

30 August, 2019

India's economic growth slumps to 5% in April-June quarter

India’s economy expanded at its weakest pace in more than six years in April-June, as consumer demand and private investment ......