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Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
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"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
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"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
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Give Cash To Poorest 50 Per Cent To Save Economy: P Chidambaram To Centre
Former Finance Minister and senior Congress leader P Chidambaram today tweeted a series of measures to boost consumption and raise money, including paying GST arrears to states, to pull the country's economy out of its sharpest nosedive on record.
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Modi Government Pushing India Towards "Financial Emergency": Congress
The Congress today accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said notes ban, GST and lockdown were "disaster strokes" not "master strokes".
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Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
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BJP Lawmakers Block Report Critical Of GDP Calculation Methodology
A parliamentary panel headed by veteran BJP leader Murli Manohar Joshi, in a draft report prepared by it, has questioned the mechanism for calculating the country's Gross Domestic Product (GDP) and asserted that the methodology needs review to reflect the ground reality.
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India Could Top China's Growth Rate For October-December Quarter
India might have regained the status of the world's fastest-growing major economy in the October-December quarter, driven by higher government spending and a pick-up in manufacturing and services.
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Highlights: Prannoy Roy, Arvind Subramanian Discuss The Economic Survey
On a day when Finance Minister Arun Jaitley tabled the Economic Survey in parliament, Chief Economic Adviser Arvind Subramanian talks to NDTV's Prannoy Roy about economic growth, the impact of demonetisation, Goods and Services Tax (GST) and much more
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Government Does Not Rule Out Fiscal Consolidation Pause This Year
"A pause would imply a fiscal deficit target similar to last year, that is 3.5% of GDP," said Sonal Varma, chief India economist at Nomura Holdings Inc.
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Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
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Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
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Economic Growth Set To Break 5-Quarter Slide, GDP Data Today: 10 Points
Economists are expecting July-September quarter GDP or gross domestic product growth to rebound above 6 per cent, from three-year lows of 5.7 per cent in the June quarter. Economists polled by Reuters predicted the economy to grow at 6.4 per cent in the September quarter. A Bloomberg survey of economists also estimated India's GDP to expand at 6.4 ...
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Arun Jaitley's Comeback After Rahul Gandhi's 'Gabbar Singh Tax' Dig
In the ongoing back-and-forth over GST or Goods and Services Tax, Finance Minister Arun Jaitley today delivered a stinging retort to Rahul Gandhi's "Gabbar Singh Tax" dig.
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IMF Lowers India's Growth Projection For 2017 To 6.7%
The growth forecast for India is 0.5 percentage points less than IMF's previous two forecasts in April and July.
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Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
-
"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
-
"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
-
Give Cash To Poorest 50 Per Cent To Save Economy: P Chidambaram To Centre
Former Finance Minister and senior Congress leader P Chidambaram today tweeted a series of measures to boost consumption and raise money, including paying GST arrears to states, to pull the country's economy out of its sharpest nosedive on record.
-
Modi Government Pushing India Towards "Financial Emergency": Congress
The Congress today accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said notes ban, GST and lockdown were "disaster strokes" not "master strokes".
-
Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
-
BJP Lawmakers Block Report Critical Of GDP Calculation Methodology
A parliamentary panel headed by veteran BJP leader Murli Manohar Joshi, in a draft report prepared by it, has questioned the mechanism for calculating the country's Gross Domestic Product (GDP) and asserted that the methodology needs review to reflect the ground reality.
-
India Could Top China's Growth Rate For October-December Quarter
India might have regained the status of the world's fastest-growing major economy in the October-December quarter, driven by higher government spending and a pick-up in manufacturing and services.
-
Highlights: Prannoy Roy, Arvind Subramanian Discuss The Economic Survey
On a day when Finance Minister Arun Jaitley tabled the Economic Survey in parliament, Chief Economic Adviser Arvind Subramanian talks to NDTV's Prannoy Roy about economic growth, the impact of demonetisation, Goods and Services Tax (GST) and much more
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Government Does Not Rule Out Fiscal Consolidation Pause This Year
"A pause would imply a fiscal deficit target similar to last year, that is 3.5% of GDP," said Sonal Varma, chief India economist at Nomura Holdings Inc.
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Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
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Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
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Economic Growth Set To Break 5-Quarter Slide, GDP Data Today: 10 Points
Economists are expecting July-September quarter GDP or gross domestic product growth to rebound above 6 per cent, from three-year lows of 5.7 per cent in the June quarter. Economists polled by Reuters predicted the economy to grow at 6.4 per cent in the September quarter. A Bloomberg survey of economists also estimated India's GDP to expand at 6.4 ...
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Arun Jaitley's Comeback After Rahul Gandhi's 'Gabbar Singh Tax' Dig
In the ongoing back-and-forth over GST or Goods and Services Tax, Finance Minister Arun Jaitley today delivered a stinging retort to Rahul Gandhi's "Gabbar Singh Tax" dig.
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IMF Lowers India's Growth Projection For 2017 To 6.7%
The growth forecast for India is 0.5 percentage points less than IMF's previous two forecasts in April and July.
