May 20, 2024 | ePaper | SignIn

Economy

August inflation seen at 5-month high on rising food costs

Bengaluru: India’s retail inflation is expected to have picked up to a five-month high in August, largely driven by higher food costs, a Reuters...

21,000 people disclose black money worth Rs. 4,900 crore under PMGKY: Official

New Delhi: Black money worth Rs. 4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojna (PMGKY), the stash money...

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...

GDP growth hits three-year low of 5.7 percent in June quarter

New Delhi: India's GDP growth slumped to a three-year low of 5.7 percent during April-June -- lagging China for the second straight quarter --...

99 % of scrapped 500, 1,000 rupee notes back in system: Reserve Bank of...

MUMBAI: An astronomical Rs 15.28 lakh crore, or 99 per cent of the junked 500 and 1,000 rupee notes, has returned to the banking...

GST off to a bumper start, Rs 92,283 crore collected in July

New Delhi: India’s maiden GST revenue mop-up got off to a bumper start, with finance minister Arun Jaitley saying on August 29 that taxes...

Now India has new Rs 50 and Rs 200 notes; have you got one...

New Delhi: The Reserve Bank of India recently introduced two new denomination notes of Rs 50 and Rs 200. While the new Rs 50...

Co-founder Nandan Nilekani back at Infosys as Chairman

Mumbai: Infosys on August 24 appointed Nandan Nilekani, the co-founder and former CEO of the company, as the non-executive chairman of the board. Nilekani's return...

India ahead of China on Retail Development Index in first half of FY17

New Delhi: India has surpassed China in the global Retail Development Index in 2017, indicating growing prominence of the country as a preferred retail...

Inflation up, trade deficit widened in July

New Delhi: Retail as well as wholesale inflation turned sharply higher in July, but remained far below the RBI’s comfort level of 4 percent...