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Latest Articles in India

PM Modi’s Authority To Ink Rafale Deal Questioned At SC Hearing

The matter of 36 Rafale planes had never gone to the IAF. Now, they have issued tenders for 110 more planes. Who took the decision to procure 36 jets instead of 126? How the prime minister announced it?

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Fund Investors To The Rescue

Mutual funds keep faith in a market in doldrums; A new road hog called Alturas G4; The sparklers in Diwali 2018; and more

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Retail Inflation Rate Drops, Giving RBI Breathing Space

Inflation risks have ebbed after a fall in global crude oil prices by about 20 percent since early October to around $71 a barrel

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Jaitley Says GST Had Only Transient Impact On Growth

In remarks apparently aimed at former Reserve Bank governor Raghuram Rajan, who Friday blamed the GST roll-out along with demonetisation for lower GDP growth, Jaitley said the economy recovered fast from the limited "disruptionist impact" of the tax reform

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GST A Monumental Reform, Hit Growth Only For 2 qtrs: FM

After suffering for two quarters, growth increased to 7 per cent, then to 7.7 per cent and went up till 8.2 per cent last quarter and specifically pointed out that this is much higher than the 5-6 per cent expansion achieved between 2012-14

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PM Needs Rs 3.6 Lakh Crore From RBI To Fix 'Mess' His Economic Theories Created: Rahul

The report claimed that at the heart of the RBI-government standoff was a proposal by the Finance Ministry seeking to transfer a surplus of Rs 3.6 lakh crore, more than a third of the total Rs 9.59 lakh crore reserves of the central bank, to the government

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October Manufacturing Sector Output- Experts Opine

Owing to robust demand and increase in new orders boosting production, India’s manufacturing sector output improved in October. We bring you experts’ view on the recent numbers and what it means for the economy

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A Tough Road Ahead For India's Battered Rupee: Reuters Poll

The poll of about 40 foreign exchange strategists taken Oct 26-31 showed the rupee was expected to gain slightly to 72.5 per dollar in 12 months from about 73.95 yesterday, but the predicted outlook for the currency will still leave it much weaker than where it started 2018 around 63.80

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Gold Price Increase To Dampen Indian Festive Purchases - WGC

A fall in demand from the world's second-biggest bullion buyer could weigh on global prices that are already down 6.5 percent so far this year

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Indian October Manufacturing Activity Grows At Quickest Pace In Four Months On Strong Orders

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 53.1 last month from 52.2 in September, its highest since June and above a Reuters poll consensus of 51.9

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India Can Now Hope To Be In Top 50: Jaitley On Ease Of Doing Biz Ranking

The target points for improvement are registering property, starting a business, Insolvency, taxation and enforcement of contract

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Gold At Nearly 6-Year High Of Rs 32,650 On Festive Demand

Traders said sentiment remained positive on growing demand in the wake of upcoming festival of Diwali. Globally, gold stood at $1,217.84 an ounce in New York

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Time To Get Real

India’s S-400 Triumf air defence missile system deal with Russia is sure to irk the US. Can we afford to imperil Indo-US ties by ignoring some obvious geoeconomic realities?

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Politician Or A Statesman?

The next election or the next generation?; The Monsoon fell short, but the reservoirs are full; A Saudi prince and a missing scribe;and more

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Better Late Than Never, RBI Guv Finally Defending Bank From Modi: Rahul

Amid instances of apparent differences between the government and the RBI, Acharya emphasised that undermining a central bank's independence is akin to committing a "self goal" for any government

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