Macro Economy

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India’s GDP growth could be below 6 per cent for next two years: SBI’s research report

State Bank of India’s economic research department has cut its projection for gross domestic product (GDP) for FY20 to 4.6 per cent, based on current ...

At 5%, GDP growth to hit 11-year low in FY20

CSO’s first advance estimate projects all three sectors growing at lower rate; industry worst hit

India’s per-capita income rises 6.8 per cent to 11,254 a month in FY20

In 2018-19, the monthly per-capita income had stood at Rs 10,534

Service sector hits 5-month high in December: PMI survey

The Composite PMI reading in December was the highest in five months

CBDT extends till Jan 31 deadline for compounding of I-T offences

Taxpayers get one more chance to clear their tax dues

To improve competitiveness, focus on ‘cost of business’ : Tata Steel CEO

Such an initiative would improve competitiveness of the domestic industries, says Tata CEO and MD TV Narendran

Solid rise in factory orders boosts manufacturing PMI in December

New orders increased at the fastest pace since July

FDI rises 15% during Apr-Sept to $26 bn

Foreign direct investment into India grew 15 per cent to $26 billion during the first half of the current financial year, according to government ...

India's Q2 CAD narrows sharply to 0.9% of GDP on lower trade deficit

India's current account deficit (CAD) narrowed sharply to 0.9 per cent of GDP in the July-September (Q2) of FY2019-20 from 2.9 per cent in the year ...

Fiscal support, government policies to provide support to the Indian housing market in 2020: Fitch

Though PMAY(U) is expected to boost growth of the residential buildings sector, the government is unlikely to achieve its goal within the stated time frame, Fitch said.

Manufacturing sector stares at another challenging year

Thanks to the Government’s stimulus package, the demand for steel and cement has shown signs of improvement in last two months

Automobile: Firmly in the grip of a slowdown

Stable long-term policies, strong economic push needed to revive the industry

A year of woes for farmers despite good monsoon

Crop damage due to heavy rains, low foodgrain prices and decline in farm exports hit farmers badly

Can India ever come out of the vicious cycle of loan defaults?

Thirty years ago, India endured its last big financial crisis when it had to send gold held in the central bank’s vaults over to London to borrow hard ...

Factor in family labour, rental cost while fixing MSP, urges farmers body CIFA

The Consortium of Indian Farmers Associations (CIFA) has asked the Union Finance Minister Nirmala Sitharaman to factor in the family labour employed ...

To reap the demographic dividend, India should focus on labour, land reforms: IMF

The report said that the macro-economic outlook is more subdued and uncertain than in recent years.

Profitability of domestic hospital sector to improve in FY20: Crisil

Profitability of domestic hospital sector would continue to improve in the current as well as next financial year driven by enhanced coverage under ...

Revenue Dept confident of achieving tax mop-up target

GST, I-T Dept to share info on assessees with high input tax credit but with details not matching their IT return

States with smaller population take the lead under PMEGP

TN, Assam, Karnataka, Arunachal Pradesh, alongwith UP, generated one-third of jobs under programme

CII report paints a bleak picture of trade scenario

International trade is expected to slow down both internationally and domestically according to a report by the Confederation of Indian Industry.The ...

Wholesale inflation tames to 0.58 per cent

Consumers bore brunt of more expensive onion, potato and vegetables

Exports fall marginally to $25.98 billion in November

Exporters worried about future orders, want incentive issue to be resolved

Analysis Power output and GDP growth may not be interlinked

While there is a correlation, one does not lead to the other

Plastic industry to Govt: Levy anti-dumping duty on cheap product imports

The All India Plastics Manufacturers Association has urged the government to restructure customs duties, levy anti-dumping duty on import of cheap ...

Onion retail price tracker: Wednesday, December 11

The price of the bulb is still high but rates are definitely beginning to soften at the retail level at many centres

RBI’s consumer confidence index dips in November

Four out of five variables point to negative sentiment

Auto component sales decline 10 per cent in first half of 2019

Sales decline to Rs 1.79 lakh

WTO Appellate Body will soon become dysfunctional

To have one member from December 11; India has 3 pending appeals before it

WTO: 163 countries agree to make changes in rules governing trade dispute resolution

The decision is seen as a move to placate the US to keep the Appellate Body afloat

GST is an iconic tax reform, will improve compliance: NK Singh

The 15th Finance Commission Chairman NK Singh on Friday said the Goods and Services Tax is an iconic taxation reform that will improve ...

Cut in corporate tax rate was needed to spur investments, growth: CEA

Chief Economic Adviser Krishnamurthy Subramanian on Friday said the cut in corporate tax rate was required to boost investments as the virtual cycle ...