Home » Business » Economy

Economy - Page 56

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI may keep rates on hold

The six-member rate setting panel (MPC) is meeting for three days starting Monday with the outcome being announced on...

6 Dec 2021 2:26 AM IST

Taxpayers can get multiple benefits by filing income tax returns before the deadline.

Over 3 cr income tax returns for FY21 filed: Finance Ministry

It is encouraging to note that 2.69 crore returns have been e-verified, out of which more than 2.28 crore are through...

5 Dec 2021 3:52 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI likely to keep key policy rate unchanged, say experts

The decision of the rate setting panel would be announced on Wednesday

5 Dec 2021 2:09 PM IST

GST has helped interstate movement of goods. Representational Image. (DC File Image)

GST collected in November, 2021 second highest since its...

As per the data shared, the highest amount of tax is collected from Maha (Rs 18656 cr), then Gujarat (Rs 9569 cr) and...

1 Dec 2021 5:00 PM IST

The manufacturing sector, which contracted by 1.5 per cent in Q2 FY21, staged a robust comeback with a growth of 5.5 per cent in the second quarter. (Representational Photo:AFP)

Economy springs back to normalcy, grows 8.4%

The official data Tuesday also showed that the economy has surpassed the pre-Covid level

1 Dec 2021 1:45 AM IST

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman

It was introduced in 2008 by an unidentified group of programmers as a cryptocurrency as well as an electronic payment...

29 Nov 2021 1:16 PM IST

Chinas exports in May fell a less-than-expected 3.3% compared with a year earlier. (AFP Photo)

India Exim Bank forecasts credit growth of 10% in 2021-22

The bank aims to achieve a financing target of $7 bn for project exports in the next 5 years, through funds received...

26 Nov 2021 11:55 PM IST

The RBI, the most aggressive major central bank in the world this year for easing, is expected to cut the repo rate at its sixth meeting in a row in December, a Reuters poll showed last month, which could put further pressure on the currency.

Centre opens $1tn government bond market to individual investors

Prime Minister Narendra Modi said Friday the new scheme 'allows the smallest investor to participate in the country's...

13 Nov 2021 7:19 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee rises 16 paise to 74.36 against US dollar in early trade

The rupee opened strong at 74.36 against the dollar, a rise of 16 paise over its previous close

12 Nov 2021 11:49 AM IST

Dr. Aman Puri, Consul General of India in Dubai & Deputy Commissioner General for India at Expo 2020 Dubai along with other delegat

India invites GCC Nations to invest in sustainable energy sectors

The PM had announced that India would be having 500 GWs of Renewable energy by 2030 and GCC nations can capitalize on...

10 Nov 2021 1:58 PM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

India on way to becoming fastest growing economy in world: FinMin...

Rapid vaccination and teeming festivities will push India's ongoing recovery, as per the report

10 Nov 2021 1:52 PM IST

The price of a litre of petrol crossed the Rs 100-a-litre mark for the first time in the Hyderabad. (Photo:DC)

Petrol price further cut by Rs 8, diesel by Rs 9 in BJP-ruled states

The announcement was matched by 22 states and Union Territories cutting VAT rates in different proportions

5 Nov 2021 4:04 PM IST