1. Business & Economy

Business & Economy

Business & Economy

CGST falls short of budget estimate by 40pc in April-Nov

Dec 10, 2019 New Delhi: The Central GST collection fell short of the budged estimate by nearly 40 per cent during the April-November period of 2019-20, according to the data presented in the Parliament. The…

Business & Economy

Total govt liabilities rise to Rs 91 lakh crore for Q2

Dec 9, 2019 New Delhi:  The Centre’s total liabilities including those under the ‘public account’ increased to Rs 91.01 lakh crore at end-September from Rs 88.18 lakh crore at end-June this year, official data on…

Development/Aviation

Growth Catalyst: Jewar Airport expected to create infra, generate jobs

Rohit Vaid Dec 8, 2019 New Delhi:  The upcoming International Airport at the Jewar township of Greater Noida is expected to be a growth catalyst for the region, say industry analysts, as the project is…

IL&FS records over Rs 22,000 cr loss in FY19

Dec 5, 2019 Mumbai:  Crisis-ridden IL&FS on Wednesday reported a net standalone loss of Rs 22,527 crore for the financial year 2018-19, compared to a net profit of Rs 333 crore during the previous year.…

No estimate of undisclosed wealth of Indians abroad: Govt

Dec 2, 2019 New Delhi: The government on Monday said there is no official estimate of the undisclosed wealth held by Indians abroad. This was stated by Union Minister of State for Finance Anurag Thakur…

Business & Economy

India has rarely seen GDP growth below 5% since ’91: Garg

Dec 1, 2019 New Delhi:  Expressing concern over the alarming fall in GDP growth rate, former Finance Secretary Subhash Chandra Garg in a blog post said India has rarely witnessed a sub-5 per cent quarterly…

Business & Economy

Govt ignored lag signs in IIP, core sector growth: Experts

Nov 30, 2019 New Delhi: The Indian economy’s 26-quarter low growth of 4.5 per cent in July-September due to poor consumption, demand and investment can be attributed to the dismally low industrial and core sector…

FM hints at more interventions amid growth pangs

Nov 30, 2019 New Delhi:  Finance Minister Nirmala Sitharaman said on Saturday that several significant steps in structural reforms have been taken in the past few months and responses/interventions addressing the needs of the economy…

Slowdown Saga: Manufacturing downturn pulls Q2 GDP growth to 4.5%

Nov 29, 2019 New Delhi: A massive contraction in manufacturing, agriculture and mining activity pulled India’s GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20. This is the fifth…

India Ratings cuts 2019-20 GDP growth forecast to 5.6%

Nov 26, 2019 New Delhi:  India Ratings and Research (Ind-Ra) has revised its 2019-20 India GDP growth forecast downwards to 5.6 per cent from an earlier estimate of 6.1 per cent. The agency in a…

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