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Joe C Mathew
New Delhi, June 24, 2019
As the Narendra Modi government gets ready to present its first full Budget of the current term on July 5, Gopal Krishna Agarwal, the BJP's National Spokesperson on Economic Affairs, says the focus will be on more efficient revenue realisation rather than increasing the tax burden. Agarwal, a qualified chartered accountant, tells Business Today's Joe C. Mathew that Budget 2019/20 is likely to prioritise infrastructure spending to strengthen agriculture, rural economy and job creation. Edited excerpts:


PTI
Mumbai, June 20, 2019
Das, as per the minutes of the June 3-6 Monetary Policy Committee, said that since the last meeting of the rate-setting panel in April 2019, greater clarity has emerged about the evolving macroeconomic situation.


BusinessToday.In
June 20, 2019
Fixed Deposits are the most traditional form of savings popular amongst Indians due to guaranteed returns, low risk and security.


PTI
June 20, 2019



PTI
June 20, 2019



BusinessToday.In
New Delhi, June 20, 2019
US plans to cap H-1B visas to deter India's data storage normsThe United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters, widening the two countries' row over tariffs and trade. The plan to restrict the popular H-1B visa programme, under which skilled foreign workers are brought to the United States each year, comes days ahead of U.S. Secretary of...


BusinessToday.In
June 19, 2019
The private sector lenders revised the interest rates on various maturities by 10-25 basis points for deposits under Rs 2 crore


BusinessToday.In
New Delhi, June 17, 2019
Fitch Ratings has retained its GDP growth forecast for FY21 and FY22 at 7.1 per cent and 7 per cent, respectively


PTI
June 17, 2019



PTI
June 17, 2019



BusinessToday.In
New Delhi, June 13, 2019
While the MPC slashed policy rates to spur investments, the CMIE noted the past data does not indicate lower interest rates encouraging higher investments from companies.


PTI
June 12, 2019



BusinessToday.In
New Delhi, June 12, 2019
The CMIE review said that investment demand is likely to be weak. The review also added that India achieved its fiscal deficit target for 2018-19 by reducing fiscal management to a \"numbers game\".


BusinessToday.In
New Delhi, June 10, 2019
Worried that the ongoing GDP growth deceleration may pick up pace, some states are favouring a reduction in tax rates in the upcoming GST Council meeting. The highest tax bracket of 28% currently comprises 28 goods.


BusinessToday.In
New Delhi, June 8, 2019
The effective repo-linked lending rate (RLLR) for CC/OD customers stood at 8 per cent now, while for savings deposits above Rs 1 lakh the new rate would be 3 per cent


PTI
June 7, 2019
The lender has also reduced the interest rate on a cash credit account (CC) and overdraft (OD) customers with limits above Rs 1 lakh after the RBI reduced the repo rate by 25 basis points Thursday


Rukmini Rao
June 7, 2019
After having led the company for over five decades, Azim Premji will continue to serve as the Non-Executive Director on the board and the Founder Chairman


PTI
June 6, 2019
The previous biggest drop this year was on April 22, when the Sensex had dived 495.10 points while Nifty had lost 158.35 points


PTI
New Delhi, June 6, 2019
The 30-share Sensex cracked 553.82 points, or 1.38 per cent, to settle at 39,529.72, while the broader NSE Nifty plunged 177.90 points, or 1.48 per cent, to end at 11,843.75.


www.businesstoday.in
June 6, 2019
Watch BusinessToday.In Editor Rajeev Dubey discuss the monetary policy committee's decision to slash repo rate by 25 basis points to 5.75 per cent.


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