The dollar’s surge is a nightmare for the many countries and companies that have borrowed heavily in the dollar, leading to yet more selling of emerging market currencies in a negative feedback loop.
As the coronavirus infection spreads faster and deeper into the country, the Reserve Bank has allowed the majority of its staff across its centres to work from home while ensuring unhindered business continuity
Domestic air passenger traffic in February increased by 8.98 percent to 12.36 million as compared to the same period last year, according to data released on Wednesday by aviation regulator DGCA
Automobile sales in India across categories declined 19.08 percent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday
Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years
Air India chief Ashwani Lohani on Wednesday said the national carrier's legacy will remain intact even if the ownership changes hands
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The central and state governments aren't able to assess what they'll earn through GST in the whole year, Sitharaman said
VG Siddhartha was confirmed dead on 31 July, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka, a day after he went missing
Till the space for a cut does not get available, the RBI will depend on liquidity management and ensuring the better transmission of past cuts to boost growth, Shaktikanta Das said
This Union Budget is highly important for further amplification of innovation in the sector and potential of each budding entrepreneur in the country
The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario
India Inc termed the Budget as "growth provoking and welfare inducing"
The second biggest buyer of Malaysian palm oil, China, bought just 2.4 million tonnes last year, while the third largest buyer was Pakistan with 1.08 million tonnes, according to data from the Malaysian Palm Oil Council.
This Budget paid the most attention to agriculture—if the percentage of spending is the yardstick to go by.
In 2018-19, gross tax revenue was estimated at Rs 22.7 lakh crore; the actual collections were Rs 20.8 lakh crore – 9 percent less.
There are measures announced in the Budget which help to facilitate business, especially SMEs which is useful
Next year’s budgeted outlay for agriculture is 32 percent higher than the revised estimates but just three percent more than the Budget estimate of this year.
Nirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation
When the hype ebbs on the longest Indian budget speech at 160 minutes, questions remain on both quantitative numbers and the administrative detail of the qualitative plans outlined
The startup sector got a host of measures in Budget 2020 including relaxing tax incentives and setting up of investment clearance cell for startups and entrepreneurs with a view to promote their growth
The government's balance holding in IDBI bank will be sold to private retail investors.
Sensex was trading over 150 points higher ahead of the Budget presentation.
After shedding 279 points in early trade, the 30-share Sensex was trading 124.96 points or 0.31 percent lower at 40,598.53, and the broader NSE slipped
The government is expected to provide tax incentives to startups in the forthcoming Budget to support the growth of budding entrepreneurs
This year’s Budget should look at increasing the limit of deduction under section 80C.
The NBFC sector is looking forward to measures in Union Budget to bring NBFCs at par with Banks and other financial institutions on the regulatory landscape.
In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector.
Neemuchwala, 52, will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition and to ensure that business continues as usual, the company said in a BSE filing
According to analysts, the market is now focused on the Economic Survey and the Union Budget, with high expectations of further stimulus to the economy