Imports increased by 4.5 per cent, the highest growth in the last six months as crude oil and gold shipments shot up in the month.
Tag: Business News
Sensex Ends 192 Points Lower After RBI Lowered GDP Forecast for 2019-2020
In its first bi-monthly policy review for this financial year, the central bank cut the key interest rate by 0.25 per cent for the second time in a row.
78000 Crore Short: Centre ‘Misses’ FY19 GST collection target
GST revenues were critical for the Central government to meet its revised fiscal deficit target of 3.4 per cent for 2018-19.
Fiscal Deficit Spinning Out of Control, Reaches 134% of Modi Govt’s Target for FY 2018-2019
Current Account Deficit also increased to 2.6 per cent of GDP during the April-December 2018 period.
WPI Inflation Rises to 2.93% in February
Inflation of primary articles, which includes kitchen essentials like potato, onion, fruits, and milk increased to 4.84 per cent during the month, as against 3.54 in January.
Sensex Turns Negative; Cracks Over 200 Points After Pakistan Violates Indian Air Space
The 50-share Nifty also fell 62.55 points, or 0.58 per cent, to 10,772.75.
FDI During Apr-Dec in Current Fiscal Year Falls 7 Per Cent
A decline in foreign inflows could put pressure on the country’s balance of payments and may also impact the value of the rupee.
Rahul Gandhi: We Will Simplify GST When We Come To Power; Make It A Single Rate
He said products used by weaker sections should be kept completely outside GST.