sticky inflation

OECD bullish on India, pegs GDP growth at 5.8% in 2019

The OECD growth estimate of 5.8% for the calendar year 2019 is more optimistic than the RBI prediction. Read more »
Haridwar Ganga river front

Namami Gange: Swedish royal couple opens Haridwar sewage treatment plant

The National Mission for Clean Ganga plans 150 sewerage treatment plants at a cost of Rs 23,000 crore. Read more »
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Economic slowdown: Monetary policy experts call for repo rate cut and more

The Shadow Monetary Policy Committee of EGROW Foundation wants RBI to stop inflation targeting to help recovery. Read more »
Income tax raids across India

Union government, central PSUs step up purchases from MSMEs

Govt departments, PSUs mandated to make at least 25% of their purchases from small industry. Read more »
CBAM blow to steel exports to EU

India’s RCEP decision: Indian steel industry was under threat from Chinese imports

The steel industry had raised concerns when it seemed that India would join the agreement. Read more »
inflation, economy

November GST collection grows 6%, brings cheer after dismal GDP numbers

The indirect tax mopup is the third highest since GST was introduced in July 2017. Read more »
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Forest ministers’ meet promises efficient use of afforestation funds

Union govt will consult all stakeholders on afforestation, promises environment minister Prakash Javadekar. Read more »
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GDP growth slips to 4.5% in Q2; RBI may cut repo rate by 25 bps next week

GDP growth in the first half of the fiscal slipped to 4.8% compared with 7.5% in the year-ago period. Read more »
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ADB loan: India inks $451 m pact to improve power infrastructure in Tamil Nadu

The loan will be used to set up an extra-high-voltage transmission link between Coimbatore and Virudhunagar. Read more »
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Namami Gange: Rs 28,613.75 crore sanctioned so far for projects

109 projects operational, 196 under implementation. Read more »