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India seeks higher funding from AIIB to bridge infrastructure gap in Asia

Finance Minister Arun Jaitley on Tuesday sought higher funding for India from the Beijing-based AIIB, and said that multilateral lending is needed to bridge the infrastructure gap in the Asian region.

Asian Infrastructure Investment Bank (AIIB) has in the past 2 years approved five proj Read more..

GST collection slips marginally in January to Rs 86,318 crore

Even as questions are being raised over lack of GST compliance, the tax collection under the Goods and Service Tax (GST) fell margina Read more..

PNB fraud balloons to Rs 12,636 crore; govt directs banks to probe all NPAs over Rs 50 crore

Jolted by the PNB fraud and other bank scams surfacing in recent days, the Finance Ministry on Tuesday directed public sector banks to investigate all bad loan (NPA) accounts exceeding Rs 50 crore for possible fraud and in case of any adverse findings report the cases immediately to the CBI.

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India to grow 7.6% in calendar year 2018: Moody's

Moody's Investors Service on Wednesday estimated that India will grow 7.6 per cent in calendar year 2018 and 7.5 per cent in 2019, amid signs of economic recovery from impact of demonetisation and GST.

"There are some signs that the Indian economy is starting to recover from th Read more..

EPFO makes online claims must for PF withdrawals above Rs 10 lakh

Retirement fund body EPFO has made it mandatory to file online claims for provident fund withdrawals above Rs 10 lakh, taking another step towards becoming a paperless organisation.

The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for wit Read more..

India's factory growth slows to four-month low: PMI

Budget carrier IndiGo today announced expansion of its regional operations, adding seven new ATR-operated flights from next month, connecting Nagpur and Mangalore with Hyderabad and Chennai.

It will operate two direct daily flights on the Hyderabad-Nagpur-Hyderabad sector, and thrice da Read more..

IndiGo boosts regional connectivity with 7 ATR-operated routes

Budget carrier IndiGo today announced expansion of its regional operations, adding seven new ATR-operated flights from next month, connecting Nagpur and Mangalore with Hyderabad and Chennai.

It will operate two direct daily flights on the Hyderabad-Nagpur-Hyderabad sector, and thrice da Read more..

India's growth pace for October-December quarter could top China's rate

India might have regained the status of the world's fastest-growingRead more..

GDP growth at 7.2% in December quarter; India regains world's fastest growing major economy tag

India has regained the world's fastest growing major economy tag with the GDP at 7.2 per cent for October-December quarter, compared to Ch Read more..

India wins back fastest growing economy tag, grows at 7.2 per cent in Q3

India's economic growth surged to a five-quarter high of 7.2 per cent in the October-December quarter of the current fiscal, enabling the country to regain the status of the fastest growing economy in the world ahead of China after a year's gap. The Chinese economy recorded a 6.8 per cent Read more..