economy

General

15 September, 2016

Economy round-up: India may post current account surplus; minimum wage bill likely

India is set to post a current account surplus for the first time in nine years, Reuters reported, citing forecasts ......

General

13 September, 2016

Economy round-up: Tax collections jump; work on GST inches forward

The central government’s tax collections for the first five months of the financial year rose 23% to Rs 5.25 lakh ......

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09 September, 2016

Economy round-up: Strike cripples IT city; World Bank points to heavy pollution costs

A strike in Karnataka virtually brought India’s IT capital Bengaluru to a standstill, as more than 1,100 associations protested the ......

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07 September, 2016

Economy round-up: Govt presses the pedal on GST, says no to privatising state banks

Finance minister Arun Jaitley on Wednesday said that the government is working overtime to ensure that the rest of the ......

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06 September, 2016

Economy round-up: Urjit Patel takes over as RBI pays record dividend

Although it was the first day at work for new Reserve Bank of India (RBI) governor Urjit Patel, his former ......

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02 September, 2016

A quick look at Raghuram Rajan's performance as RBI chief

Raghuram Rajan, India’s outspoken central bank governor, will quit office on Saturday to make way for his deputy, the reticent ......

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01 September, 2016

India manufacturing output jumps to 13-month high in August

India’s manufacturing activity surged to a 13-month high in August thanks to a sharp uptick in new business inflows, a ......

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31 August, 2016

India GDP growth slows to 7.1% in April-June

India’s gross domestic product expanded 7.1% in the April-June period, slowing from the 7.9% pace in the previous quarter, underscoring ......

General

09 August, 2016

Key takeaways from RBI's policy review

The Reserve Bank of India has kept interest rates unchanged as expected in its monetary policy review while sharing its ......

General

20 July, 2016

Job creation down by ​over ​two-thirds during Narendra Modi's reign

Ever since Narendra Modi-led government won a landslide victory in May 2014, job creation, especially in the manufacturing and core ......