Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks. ....

The barometer Sensex of the BSE tumbled over 500 points on Friday following negative global cues and disappointment post Budget announcements on long-term capital gains (LTCG) tax reintroduction. The Nifty50, too, slipped over 160 points. ....

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley raised long-term capital gains (LTCG) tax to 10 per cent from zero at present, reduced corporate tax for 99 per cent of the companies to 25 per cent but left the tax structure for individuals largely unchanged. ....

Union Budget for 2018-19 presented in the Lok Sabha by Finance Minister Arun Jaitly on Thursday: ....

India's budget is considered "less transparent" as it provides limited information in the public domain, Transparency International India (TII) said on Wednesday, adding the lack of transparency would lead to severe economic and financial problems. ....

In line with the earlier official estimate of the country's GDP growth in the last fiscal, demonetisation-hit India's gross domestic product during 2016-17 grew at 7.1 per cent, Central Statistics Office (CSO) data showed on Wednesday. ....

Overriding concern for safety, improvement in passenger amenities and big investment in infrastructure are slated to be the focus for the railways with the Modi government expecting to loosen the purse strings in its last full budget ahead of the 2019 general elections. ....

India's Economic Survey for 2017-18 has pegged the country's growth at 6.75 per cent for the current fiscal and 7 to 7.5 per cent for 2018-19 while cautioning that increase in crude oil prices in international market may dampen the spirit. ....

India's Economic Survey for 2017-18 has pegged the country's growth at 6.75 per cent for the current fiscal and 7 to 7.5 per cent for 2018-19. ....

Prime Minister Narendra Modi on Sunday said Aadhaar has lent "great strength" to the country's development and benefits that were earlier going into the wrong hands are reaching the intended beneficiaries. ....