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Latest Articles in Economy

India Likely To Miss Fiscal Deficit Target Amid Pressure For More Stimulus: Report

With economic growth falling to a six-year low of 5% in the April-June quarter, the sources said the government could toward the end of 2019 be forced to raise the fiscal deficit target to 3.5% of GDP from 3.3%, amid pressure for additional stimulus measures.

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GoAir To Usher In New Decade 2020 With Fanfare

Just pick your choice from an array of options that can be booked between 3 – 8 September 2019 with fares starting from Rs 1420 onwards.

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Rupee Rebounds 19 Paise Against $ In Opening Trade

Rupee is trading at 72.20 against dollar, amid weakening of the American currency in overseas market.

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India Services Growth Slows In August On Weaker Demand: PMI

Economy grew at an annual rate of 5.0 per cent last quarter, its slowest in more than six years.

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Fitch Solutions Lowers 2019 Global Steel Price Forecast

In the long term, Fitch Solutions maintains its view that prices will ease and embark on a multi-year declining track.

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FPIs Pulled Out Rs 38,930 Crore In FY19 Due To Weak Market Sentiments: Sebi

The limit for FPI investment in debt was revised from Rs 6.49 lakh cr to over Rs 6.98 lakh cr for the April 2019-Sept 2019.

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Most Asian Units Slip As Tade Tensions Weigh; Indian Rupee Falls Most

The Indian rupee and the Malaysian ringgit were the worst performers in the region, playing catch up with peers as both markets re-opened for trade after a holiday on Monday.

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Rupee Tumbles 67 Paise To 72.09 Against $ In Early Trade

At the interbank foreign exchange, the rupee opened at 72.00 then fell to 72.09 against the $, showing a decline of 67 paise over its previous closing.

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Fitch Solutions Says India GDP Growth To Rebound At Slower Pace

India's real GDP growth slumped in Q1 of FY2019-20 (April-March) to 5 pc year-on-year, from 5.8 pc in Q4 (January-March) FY2018-19.

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India's Growth Likely To Reach A Trough In June Quarter; Recovery To Be Elongated: UBS

According to the UBS India financial conditions index, growth may have reached a trough in the June 2019 quarter.

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Asian Factories Lashed By Trade Wars, Slowing Demand In August

"The broader picture for Asian exports remains very weak because of the impact of the U.S.-China trade war, which is continuing to escalate," said Rajiv Biswas, Asia Pacific chief economist at IHS Markit.

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There Will Not Be Single Job Loss Due To Merger Of Banks: FM

She was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs.

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GST Collections Dip Below Rs 1 Lakh Crore To Rs 98,202 Cr In Aug

This is the second time during this year that the revenue collection from the GST slipped below the Rs 1 lakh crore mark.

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India Manufacturing Growth At 15-Month Low In August: PMI

The survey comes after official figures showed India's economy grew at an annual rate of 5.0 per cent last quarter, its slowest in more than six years and significantly weaker than 5.7 per cent in a Reuters poll.

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How Indian Economy Can Grow Thinking Like Corporate

Come to the regular budget post-re-election and the subsequent “slow-down” and one notices that the economy seems to be slipping. India slips from being the fifth largest economy to the seventh in 2018.

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