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Nevin John
New Delhi, July 19, 2018
The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.


Prosenjit Datta
New Delhi, July 18, 2018
India has a huge official data and statistics problem and the problem is only growing bigger by the day.


BusinessToday.In
July 17, 2018
IMF said that the emerging market and developing economies have experienced \"powerful crosswinds\" in recent months, courtesy factors like higher yields in the United States, dollar appreciation, escalating trade tensions, geopolitical conflict, and rising oil prices.


PTI
New Delhi, July 14, 2018
These comments from Economic Affairs Secretary Subhash Chandra Garg come on the heels of latest World Bank data showing that India has emerged as the sixth largest economy globally, surpassing France, in 2017.


PTI
July 13, 2018
India's \"impressive development and inclusive growth\" stand at risk if Prime Minister Narendra Modi does not get a chance to lead the country after the next year's parliamentary elections, a top US industrialist has said.


BusinessToday.In
New Delhi, July 11, 2018
Indian economy had slowed down last year due to transitory shocks like demonetisation and the chaotic implementation of the national goods and services tax (GST), but has since bounced back.


Vivek Kaul
New Delhi, July 9, 2018
The increased government spending is difficult to sustain.


Issac Thomas
New Delhi, July 9, 2018
States need discretionary powers for better resource mobilisation


Manu Kaushik
New Delhi, July 9, 2018
Business confidence slides in the first quarter of 2018/19 as businesses feel the pinch of GST and brace for policy inaction and higher interest rates, finds the latest Business Today-C fore Business Confidence Survey.


BusinessToday.In
New Delhi, July 8, 2018
The current dispensation has been diverting attention from the core issues despite evident widespread backwardness in India, Sen said.


BusinessToday.In
New Delhi, July 5, 2018
To put things in perspective, India's largest lender SBI's home loan book reportedly stands at Rs 3.13 lakh crore - it is the market leader in the space, pipping the country's largest housing finance provider, Housing Development Finance Corporation (HDFC)


Goutam Das
New Delhi, July 4, 2018
The biannual Employment Outlook Report by TeamLease Services forecasts an increase of 4 per cent in the net employment outlook to 95% for the April-September 2018 period versus 91% in October-March 2017-18.


BusinessToday.In
New Delhi, July 2, 2018
Indian economy set for a surge, to touch USD 5 trn by 2025: Prez  President Ram Nath Kovind today said the Indian economy is set for a surge with the GDP size expected to double to USD 5 trillion probably by 2025.He was speaking after launching the platinum jubilee celebrations of chartered accountants' apex body ICAI. \"Indian economy is set for a surge and in the next decade, probably even by 2025, India is expected to double the size of the GDP to USD 5 trillion,\" Kovind said. The President said that adherence to a fair taxation system is much more than merely providing revenue to the government which is part of the same social contract that underpins the Constitution.Walmart India gets half of biz via non-store sales  US retail major Walmart is now getting nearly half of its business through non-store or out-of-store sales channels, which include B2B e-commerce, associates' driven sales and call centres, a company official has said. While, the rest half of its business still comes through in-store walk-ins, where its members visit its stores and purchase.Besides, Walmart India is also going to open another fulfilment centre soon at Lucknow after opening its first such facility in Mumbai last year.FDI inflow growth rate dips to 5-year low in FY18Foreign direct investment (FDI) in India seems to be petering out. According to the latest data released by the Department of Industrial Policy and Promotion (DIPP), FDI inflows growth rate recorded a five-year low of 3 per cent at $44.85 billion in 2017-18. In contrast, foreign inflows had grown by 8 per cent in 2013-14, under the previous government, albeit after recording a negative growth of 38 per cent in 2012-13.The current government had managed to initially multiply the FDI inflow growth rate to 27 per cent in 2014-15 and 29 per cent in the following year, but it dived to just 8.67 per cent in 2016-17.CIOs looking at increasing spends on cyber security: EY  Companies across sectors may increase their spending on cyber security as a percentage of the overall IT budget as they look to comply with privacy laws and protect organisations against new emerging threats, says a report by consultancy firm EY. A survey conducted by EY found 42 per cent respondents saying they are \"willing to invest more than 10 per cent of their annual IT budget on cyber security\". The report highlighted that the \"onslaught\" of Industry 4.0 technologies such as artificial intelligence (AI), Internet of Things (IoT) and machine learning (ML) -- being considered and adopted -- are drastically increasing the attack-surface for companies.Honda Cars India posts 37.5 pc rise in domestic sales  Honda Cars India (HCIL) today reported a 37.5 per cent increase in its domestic sales to 17,602 units in June on account of strong sales of all new Amaze. The company had sold 12,804 units in the domestic market in June 2017, HCIL said in a statement. \"The recently launched All New Amaze which has been receiving an overwhelming customers' response sold a remarkable 9,103 units in June'18, strongly contributing to company's growth last month,\" HCIL said adding that HCIL has received over 26,000 bookings of the all new Amaze since its launch.GST rate cut possible as revenue to exceed Rs 13 lakh crore this fiscal: Piyush GoyalFinance Minister Piyush Goyal on Sunday said he expected GST collections to exceed Rs 13 lakh crore in the current financial year and this higher revenue would provide headroom to cut tax rates. The interim finance minister said, \"with more people coming under the tax net, and successful implementation of the e-way bill system, there will be scope for rationalisation of tax slabs.\"Under the four-tier Goods and Services Tax (GST), which was rolled out on July 1, 2017, taxes are levied in the brackets of 5 per cent, 12 per cent, 18 per cent and 28 per cent. On top of the highest tax bracket, a cess is levied on luxury goods such as big cars and sin goods such as sugary drinks and cigarettes


Reuters
June 30, 2018
Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world's second-biggest economy.


PTI
June 29, 2018
India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7 per cent in the previous quarter.


BusinessToday.In
New Delhi, June 22, 2018
The Prime Minister said that in four years his government has taken steps to ease the process of doing business in India while maintaining macroeconomic indicators like current account deficit (CAD) within limits.


BusinessToday.In
New Delhi, June 21, 2018
RBI Governor Urjit Patel voted for interest rate hike citing inflation risks and related uncertainties while his deputy Viral Acharya felt there was no alternative to it by 25 basis points, as per the minutes of the meeting.


PTI
New Delhi, June 20, 2018
He said he would leave the office within the next two months by early September, even though his contractual term was co-terminus with the government.


BusinessToday.In
June 19, 2018
The Union Minister's statement came a day after Prime Minister Modi while speaking at the Niti Aayog's fourth Governing Council meet said that the economy has grown at a healthy rate of 7.7 per cent but the challenge now is to take this growth rate to double digits.


BusinessToday.In
New Delhi, June 18, 2018
According to Jaitley, the 7.7 per cent economic growth in the fourth quarter of 2017-18 'firmly' established India as the fastest growing major economy in the world and the trend is \"likely to continue for the next few years\".


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