In the previous meeting in December, the then RBI Governor Shaktikanta Das had pegged India's growth for this fiscal year at 6.6%. RBI expects economic growth in Q1, Q2, Q3 and Q4 of the next fiscal ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Despite the widely expected rate cut to 6.25% and the central bank’s ‘neutral’ stance, investor sentiment remained subdued.

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

Despite this, however, it grapples with a relatively low per capita share. India’s sizeable overall GDP is diluted by its large population. Even in terms of GDP per capita based on purchasing power ...

India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...

A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...

India’s GDP growth can be closer to 6.8 percent in the next financial year provided external headwinds do not intensify, Economic Affairs Secretary Ajay Seth said. “In fact, with some of the ...

It is an open question whether income tax cuts for those earning five to six times more than the average Indian is the best ...

The Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7 per cent, up from 6.4 per cent estimated for the current fiscal ending March and with Q1 at 6.7 per cent; Q2 ...

"Resilient services exports will continue to support growth," he said GDP growth for both the third and fourth quarter of next fiscal is projected at 6.5%. On inflation, RBI expects the Consumer Price ...

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...