?India Inc expresses disappointment over weak GDP data<br/>

India Inc today expressed disappointment over the country&apos;s economic growth, which slipped to a three-year low of 5.7 per cent in April-June. Industry chamber PHDCCI said, ease of doing business remains a major concern as manufacturing firms, particularly labour intensive units, are impacte...

Growth of eight core sectors slips to 2.4% in July

The country&apos;s eight infrastructure sectors grew 2.4 per cent in July this year. The infrastructure sector had expanded 3.1 per cent in July last year, and had grown 0.8 per cent in June this year. According to official data, coal production increased 0.7 per cent in July this year, natural ...

Finance Minster Arun Jaitley today said, the 5.7 percent GDP growth rate in first quarter of this fiscal is a matter of concern and it throws up challenge to the economy. He said the rate has come down predominantly due to pre- GST effect as manufacturers were focusing more on clearing the existing ...

Finance Minster Arun Jaitley today said, the 5.7 percent GDP growth rate in first quarter of this fiscal is a matter of concern and it throws up challenge to the economy. He said the rate has come down predominantly due to pre- GST effect as manufacturers were focusing more on clearing the existing ...

Growth of eight core sectors slips to 2.4% in July

The country&apos;s eight infrastructure sectors grew 2.4 per cent in July this year. The infrastructure sector had expanded 3.1 per cent in July last year, and had grown 0.8 per cent in June this year. According to official data, coal production increased 0.7 per cent in July this year, natural ...

?India Inc expresses disappointment over weak GDP data<br/>

India Inc today expressed disappointment over the country&apos;s economic growth, which slipped to a three-year low of 5.7 per cent in April-June. Industry chamber PHDCCI said, ease of doing business remains a major concern as manufacturing firms, particularly labour intensive units, are impacte...

Fiscal deficit touches 92.4% of budget estimates at July-end

The government&apos;s fiscal deficit at the end of July this year touched 92.4 per cent of the budget estimate. This was mainly because of front loading of expenditure by government departments. The fiscal deficit is the difference between the government&apos;s expenditure and revenue. The g...

Finance Ministry rules out new window to deposit scrapped notes

Finance Ministry today ruled out opening another window for depositing the scrapped 500 and 1,000 rupees notes. Economic Affairs Secretary S C Garg said, it had expected all the annulled currency to be returned, in line with the latest RBI data. Mr Garg said, most families had high value currency no...

Almost 99% of demonetised notes back in system: RBI report

The Reserve Bank of India today in its annual report confirmed that almost 99 per cent of banned Rs 500 and Rs 1000 notes that were demonetised last November have returned to the system. In the report for 2016-17, the RBI said that out of 632.6 crore pieces of Rs 1,000 currency notes in circulation,...

Sensex slumps over 300 points as global markets slide

Stock markets have tumbled across Asia and Europe today. At home, after a weak opening, the Sensex at the Bombay Stock Exchange lost considerably more ground, and had plunged 332 points, or 1.1 percent, to 31,419 a short while ago. The Nifty at the National Stock Exchange had slumped 107 points, to ...