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Latest Articles in economy

GST Rollout Was Hasty, Demonetisation Impacted GDP: Manmohan Singh

GDP growth in the first quarter of current fiscal slumped to a three-year low of 5.7 per cent, down from 7.9 per cent in April-June quarter of 2016. In January-March quarter, the growth declined to 6.1 per cent from 8 per cent in the year-ago quarter

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India Eyes Spending Cuts As Glitches In GST Hit Revenue

The big worry is that economic growth, which slipped to a three-year low in the last quarter, could take a further hit if the public spending that largely underpinned expansion were to be slashed

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Govt Lifts Ban On Export Of Tur, Urad And Moong Dal; Move To Help Farmers

This step will improve the returns to farmers and potentially open up greater investments in the sector

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Odisha Assembly Adjourned Amid Uproar

The people of Odisha need to know that the ruling party being in majority is trying to suppress the demands of the Opposition

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Why Indian GST Is Attracting Attention Of Policymakers Across World?

The world will be watching India for lessons on how it can use technology to create a self-enforcing tax system. If a compliance regime like India works, it can help many countries increase tax revenue numbers without having to increase rates or broaden their tax base

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Wholesale Price Inflation Hits Four-month High In August

The rise compares with a 3.0 per cent increase forecast by economists in a poll and a provisional 1.88 per cent rise in July.

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Indian Economy In Period Of Dense Fog: Credit Suisse

According to findings by the financial service major, government spending growth is slowing down sharply, while half of the population is seeing weak income growth

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Onion Exports Decline 14% In April-June

The total value of exports stood at Rs 1,098.58 crore and the volumes 9.45 lakh tonnes in April-June of 2017-18, according to the data maintained by the National Horticultural Research and Development Foundation (NHRDF)

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As India Inc Struggles To Cut Down Debt, The Economy Suffers

It was blamed on attempts by the government to flush out money hidden from the tax man, which caused a cash crunch, and the introduction of a general sales tax (GST), which prompted businesses and consumers to hit the pause button

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EEPC Urges Govt To Refund 90% GST Refunds To Exporters

EEPC said that while the government has extended the dates for filing of July returns for GST to September 10, 25 and 30 and for August to October 5, 10 and 15, ironically, it would mean blocking of the refunds for exporters, who are in any case hard pressed for cash and have been significantly disadvantaged by continuous rise in value of rupee against the US dollar

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PM Seeks Strong Partnership Among BRICS Nations To Spur Growth

Addressing the plenary session of the BRICS Summit in China's Xiamen city, Modi said trade and economy were the foundations of the cooperation among BRICS -- Brazil-Russia- India-China-South Africa

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Slowdown-hit Indian Economy Counts Costs Of Stronger Rupee

The rupee has risen more than 6 percent this year against the dollar, snapping six consecutive years of depreciation, with the impact magnified by the decline of many competitors' currencies against the greenback over the same period

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Of Footfalls And Clicks

Both real and virtual experiences in retail will come together to transform India’s economy

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