April 18, 2015 20:57 (IST)
Prime Minister Narendra Modi's visit to Canada has generated business worth more than 1.6 billion Canadian dollars, according to official figures released by the Harper government in Toronto.
April 18, 2015 20:11 (IST)
Greece and the Eurozone should not play a game of chicken to see who can hold out longer in negotiations about more lending to Athens in exchange for reforms, the chairman of Eurozone finance ministers Jeroen Dijsselbloem said on Friday.
April 18, 2015 17:47 (IST)
Ruling out the use of retrospective taxation by the current administration, Finance Minister Arun Jaitley has said a permanent law in this regard is not possible and the cost would be "too heavy" if any future government indulges in such a "misadventure".
April 18, 2015 17:42 (IST)
The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery.
April 18, 2015 17:42 (IST)
Despite tightening liquidity, Greece is unlikely to get any money from Eurozone finance ministers at an April 24 meeting because it is dragging its feet on reforms, European Commission Vice President Valdis Dombrovskis said on Friday.
April 18, 2015 17:12 (IST)
China central bank governor Zhou Xiaochuan said Beijing would accelerate reforms to the country's currency to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as special drawing rights (SDRs), the official Xinhua news agency reported on Saturday.
April 18, 2015 12:20 (IST)
With the vast depth and size of its market, India's ability to absorb international shocks is far stronger as reflected in the rupee remaining relatively stable, Finance Minister Arun Jaitley has said.
April 17, 2015 22:05 (IST)
Mr Jaitley said that these overseas institutional investors have the option to explore further legal remedies.
April 17, 2015 22:01 (IST)
Trade data of March 2015 showed a decline of over 21 per cent in exports and close to 13.5 per cent in imports.
April 17, 2015 21:10 (IST)
Annual figures published on Friday for the full fiscal year that ended in March showed merchandise exports declined 1.2 per cent to $310.5 billion.
April 17, 2015 20:55 (IST)
Imports of the precious metal stood at $2.57 billion in the same month in 2014.
April 17, 2015 19:57 (IST)
This meeting would help the Department to crystalise the actions required by banks, Finance Ministry and other central ministries as well as support required from the RBI, he added.
April 17, 2015 18:09 (IST)
For the full 2014-15 fiscal year that ended in March, the trade deficit stood at $137 billion, compared with $135.8 billion in the previous year.
April 17, 2015 16:21 (IST)
Earlier, Moody's Analytics had put its growth estimate for the year 2015 at 7.3 per cent, which it later "amended" to 7.5 per cent.
April 17, 2015 15:51 (IST)
Having initiated a series of administration and legislative reforms, India is on its way to have a modern and friendly tax system, Finance Minister Arun Jaitley has said.
April 17, 2015 15:10 (IST)
The southern parts of the country are likely to receive lesser rainfall compared to central and northern India, Mr Sharma said.
April 17, 2015 14:53 (IST)
"We will aim to keep the rate competitive and close to international levels and minimise exemptions," he said.
April 17, 2015 14:37 (IST)
Morgan Stanley's Ruchir Sharma, for example, has called the new numbers a "bad joke" aimed at a "wholesale rewriting of history".
April 16, 2015 23:47 (IST)
Flagging off "developing challenges" from the ground, global rating agency Standard and Poor's on Thursday said a policy logjam and "red tape" have hindered investments in India.
April 16, 2015 22:47 (IST)
Implementation of the landmark Goods and Services Tax (GST) regime proposed from April 1 next year would increase India's GDP by 1-2 per cent, Finance Minister Arun Jaitley said on Thursday.