FM Nirmala Sitharaman said India's GDP will remain \"underestimated\" if commercial transactions do not come under monitorable radar

Focus of the roundtable, scheduled to start at 6 PM today, will be around India's economic and investment outlook, structural reforms and the government's vision for the path to a $5 trillion economy

Besides PM Modi, the meeting will also be attended by key leaders such as Defence Minister Rajnath Singh, Finance Minister Nirmala Sitharaman, and Home Minister Amit Shah among others

IMF's Gita Gopinath bats for fiscal stimulus to revive global economiesGita Gopinath, chief economist of the International Monetary Fund (IMF), has pitched for fiscal stimulus to mitigate the economic impact of coronavirus crisis, citing the pandemic has pushed the global economy in a liquidity trap. Gopinath highlighted that central banks across the world have taken strong measures to improve liquidity situation and have brought down policy interest rates aggressively, leaving little space ...

After the third stimulus package last month, Finance Minister Nirmala Sitharaman had said that the option for another stimulus package has not been closed

Prime Minister Narendra Modi will on Thursday chair a Virtual Global Investor Roundtable. The platform provides an opportunity to the leading global investors and Indian business leaders to engage with senior policy makers on further accelerating the growth of international investments in the country

Finance Minister Nirmala Sitharaman expressed hope that as the current year comes to an end, the Centre's interventions in the form of economic reforms are working and the measures will continue with a strong emphasis on infrastructure

The decision to extend the scheme has been taken in view of the opening up of various sectors in the economy and the expected increase in demand during the ongoing festive season

Finance Minister Sitharaman had a different personality, knowledge endowment, skill-set and approach for economic policy issues, he says. Garg mentions that it became quite clear to him early on that working with her would be difficult

EC, while responding to RTI activist Saket Gokhale's complaint, said, it has found no violation of the provisions of the model code in the issue. Gokhale complains that the promise is discriminatory and a misuse of powers by the central government during elections

\"The signs of recovery are nonetheless fragile as industrial production, bank credit and capital expenditure remain low. The stimulus measures announced by the government before the festive season was thus pertinent,\" said Arun Singh, Global Chief Economist, Dun & Bradstreet

Responding to a complaint by RTI activist Saket Gokhale, the commission said it has found no violation of the provisions of the model code in the issue

Report contains recommendations pertaining to five financial years, 2021-22 to 2025-26; it'll be submitted to President, Prime Minister on November 9

LTC Cash Voucher scheme: The payment of cash allowance, subject to maximum of Rs 36,000 per person as deemed LTC fare per person (round trip) to non-central government employees, will be allowed income-tax exemption subject to fulfillment of specified conditions

The fiscal deficit at the end of the first six months of the current financial year was at Rs 9.14 lakh crore, about 114.8 per cent of the annual budget estimate

DGCA suspends international passenger flights till November 30India's aviation regulator on Wednesday extended the suspension of international passenger flights till November 30 due to coronavirus pandemic. The Directorate General of Civil Aviation (DGCA) added that the international scheduled flights may be allowed on certain routes by the competent authority on a case-to-case basis.Uber to offer 12,000 free rides to blind, low vision persons in 8 Indian citiesCab aggregator Uber has part...

Speaking at the CERAWeek India Energy Forum, Finance Minister Nirmala Sitharaman said that the highest level witnessed in manufacturing PMI since 2021 signalled economic recovery

The BJP announcement of free COVID vaccine for Bihar had kicked up a controversy with the opposition parties tearing into the NDA government alleging that the ruling party was using the pandemic for political reasons

Highlighting the importance of infra development, the finance minister recently said money spent on infrastructure and asset creation has a multiplier effect on the economy

DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages -- appointment of advisors for ensuring compliance, legislative amendment, LIC's internal software changes to come out with its 'embedded value' and appointing an actuary for vetting LIC's actuarial valuation