'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
Of the Rs 1.10 lakh crore investment required for the project, Japan is providing Rs 88,000 crore as a soft loan at 0.01 per cent interest.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Food to be cooked in base kitchens instead of trains; private players to be involved
Global crude oil prices have slumped by 49 per cent during the same period
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
The upcoming Akshay Kumar starrer Toilet: Ek Prem Katha is set to use toilets of the Indian Railways
Contracts will be given for five years, in a transparent manner
Govt looks to take cooking gas to tiger reserves, Naxal-hit areas
India is the third largest consumer of petroleum products, after the US and China.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The Manduadih-Rameswaram Weekly Express tops the list of latecomer trains, with the highest average delay time of 11.5 hours!
Once tipped to emerge as the biggest exporter, the pharmaceutical industry is yet to acquire the scale of those in software services, says Krishna Kant.
As the BJP snaps at its heels, can the Communists stay relevant in the electoral game?
Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities
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