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Economy

Jaitley turns down demands for deferring GST rollout

New Delhi: Finance Minister Arun Jaitley on June 28 rejected demands for deferring the Goods and Services Tax (GST) rollout saying the Constitution does...

GDP slowdown temporary, not linked to demonetization: Amit Shah

New Delhi: The dip in GDP growth to 5.7 per cent in the first quarter of this financial year is “temporary” and not linked...

India-Korea trade: Indian mangoes, beer, yoga to get free access to South Korean market

New Delhi (PTI): As many as 17 Indian products, including mangoes and beer, will get free access to the South Korean market, a...

American billionaires richer by $434 billion during the pandemic

New York, May 23 (IANS) As millions of US citizens lost their jobs in the Covid-19 pandemic, nations billionaires saw their net worth jump...

Moody’s cuts India growth forecast, warns of severe and prolonged stress

New Delhi, May 11 (IANS) Moody's Investors Service on Tuesday revised its India GDP forecast down to 9.3 per cent from 13.7 per cent...

India to overtake UK and France to become fifth-largest economy in 2018: Report

LONDON: India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on...

Agra shifts focus to khadi shoes to tide over economic crisis

Agra, June 28 (IANS) With the coronavirus pandemic wreaking havoc on businesses, Agra shoe manufacturers have now shifted their focus to new products to...

General Motors to stop selling cars in India, but to keep manufacturing center

BEIJING: General Motors Co will stop selling cars in India from the end of this year, drawing a line under two decades of battling...

Gold prices hit all-time high

New Delhi, July 1 (IANS) MCX Gold hit a fresh all-time high of Rs 48,982 per 10 gm on Wednesday, while gold prices have...

Lok Sabha passes 4 key GST bills, India inches closer to July rollout of...

New Delhi: The proposed goods and services tax moved a step closer to reality on March 29 with the Lok Sabha approving four bills...