New Delhi: India retained the tag of the world’s fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in the July-September quarter on booster shots from government spending and manufacturing. Gross domestic product, or GDP, growth of 7.6 per cent beat most estimates, including 6.5 per cent projected by…
New Delhi: The government’s fiscal deficit at the end of October stood at Rs 8.03 lakh crore or 45 per cent of the full-year budget estimate, according to data released by the Controller General of Accounts (CGA) on Thursday. In actual terms, the fiscal deficit — the difference between expenditure and revenue — was at Rs…
New Delhi: The combined market valuation of all listed companies on the leading stock exchange BSE reached the USD 4-trillion milestone for the first time ever on Wednesday. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. Thanks to the optimism in equities, the market…
New Delhi: The Congress on Monday slammed the BRS over the EC’s withdrawal of permission to the Telangana government for disbursements of financial aid to farmers under the Rythu Bandhu Scheme, alleging it was a result of the “irresponsible and self-serving” approach of the K Chandrasekhar Rao-led party. The Congress’ attack on the Bharat Rashtra…
New Delhi: The Election Commission on Monday withdrew permission given to the Telangana government for disbursements of financial aid to farmers for rabi crops under the Rythu Bandhu Scheme after a state minister violated the provisions of the model code by making a public announcement about it. The poll panel had given its nod to the…
New Delhi: Congress president Mallikarjun Kharge on Sunday accused the BJP government of using every trick in its textbook to crush and curtail freedoms enshrined in the Constitution, and said every citizen should question the attack on the Constitution, its ethos and values. His remarks come on Constitution Day, which marks the day when India…
Mumbai: India’s forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended November 17, the Reserve Bank said on Friday. In the previous reporting week, the kitty declined USD 462 million to USD 590.321 billion. For the week ended November 17, the foreign currency assets, a major component of the…
Jaipur: Union Home Minister Amit Shah on Thursday asserted that the Congress will lose from every corner of Rajasthan and the BJP will form the next government in the state. Accusing the Congress government in the state of doing politics of appeasement, he said the public is very troubled by this. At a press conference…
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday said the central bank’s tougher stance on unsecured loans earlier this month is a “preemptive” move in the interest of sustainability. Underlining that the banking system continues to be resilient and there is no immediate cause of worry for the system, Das advised lenders to be…
United Nations: India did not participate in voting on a UN General Assembly resolution on building a peaceful and better world through sport and recognising the role of sports in preventing and countering terrorism and violent extremism as well as promoting human rights. The 193-member UN General Assembly adopted the draft resolution “Building a Peaceful…
