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Latest Economy News

Govt's borrowing cut will not affect India's sovereign rating: Moody's
(19-Jan-2018)

Govt

A day after government decided to lower its additional borrowing from Rs 50,000 crore to Rs 20,000 crore, global credit rating agency, Moody's Investors Service's Vice President Marie Diron has said that......click on news to read complete article..... read full story

India's economic growth likely to improve to 7.1% in FY19: Ind-Ra
(19-Jan-2018)

IndiaTerming the Goods and Services Tax (GST) and insolvency law major drivers for the growth of Indian economy, the India Ratings and Research (Ind-Ra), a subsidiary of Fitch Ratings, has projected that the......click on news to read complete article..... read full story

States asks for higher budgetary allocations in pre-budget meeting with FM
(19-Jan-2018)

States asks for higher budgetary allocations in pre-budget meeting with FMAhead of the Union Budget for 2018-19, finance minister Arun Jaitley held consultations with finance ministers of various states who offered their inputs on various budgetary measures and called for higher......click on news to read complete article..... read full story

GST Council cuts rates on 29 items, 54 services; decision on simplifying filing process pending
(19-Jan-2018)

GST Council cuts rates on 29 items, 54 services; decision on simplifying filing process pendingDays ahead of the Union Budget for 2018-19, the all-powerful Goods and Services Tax (GST) Council, at its 25th meeting, has decided to cut tax rate on 29 items and 54 categories of services with effect......click on news to read complete article..... read full story

Govt will set up $350 million fund to finance solar power projects: Power Minister
(19-Jan-2018)

Govt will set up $350 million fund to finance solar power projects: Power MinisterPower Minister R.K. Singh has said that the central government will set up a $350 million fund to finance solar power projects, as it steps up efforts to achieve its ambitious goal of to increasing renewable......click on news to read complete article..... read full story

Govt reduces additional borrowing requirement to Rs 20,000 crore for FY18
(18-Jan-2018)

Govt reduces additional borrowing requirement to Rs 20,000 crore for FY18In its quest of not breaching the fiscal deficit target of 3.2% for the current fiscal year, the government has reduced the additional borrowing requirement to Rs 20,000 crore for the financial year 2017-18.......click on news to read complete article..... read full story

 

     
  
 
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