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Economy

Sensex hits record high as weaker GDP spurs rate-cut expectations

The rally has come amid a slide in global yields sparked by US-China trade war and a sweeping election victory for Narendra Modi.

Sensex jumps 200 points ahead of RBI policy review

The RBI is expected go for a third rate cut to prop up economic growth which dropped to a five-year low in the final quarter of 2018-19.

Modi victory makes rupee a double-edged sword for RBI

RBI may have to rein in the rupee as foreign inflows are rising after election results and risk making Indian exports less competitive.

SpiceJet has got ‘several offers’ from investors who want a stake in the airline

SpiceJet will evaluate the offers only if it's strategic and serves its long term interests, says chairman Ajay Singh.

Modi govt expects to deregister another 20,000 bogus companies by end of this year

The process of acquiring KYC details of companies is currently on, action will be taken against promoters if they fail test.

Indian investors brace for pain on poor growth, US trade concessions loss

Growth cooled to 5.8% in the January quarter and the US announced it would end duty-free exports by India – a double whammy.

RBI under pressure again to cut interest rate, boost liquidity

Despite RBI's two interest-rate cuts this year, borrowing costs aren’t coming down fast & liquidity has also dried up due to cash demand for elections.

Modi’s new govt plans to cut income tax rates, widen tax base

Direct tax reform to take centre stage in Modi's second term. Taxation process to be eased for honest taxpayers.

New Modi govt to present budget on 5 July, Parliament session from 17 June- 26 July

It will be the first budget of the Modi government in its second term and will be presented by Finance Minister Nirmala Sitharaman.

Polls done, Modi govt releases jobs data that showed unemployment at 45-year high

Government releases report, vetted by the National Statistical Commission, which it had held back in December saying it was only a draft.

On Camera

YourTurn

Supreme Court of India | Manisha Mondal/ThePrint

This is what was happening in India when the collegium system...

Why did the Supreme Court take control of the appointment of judges only in the early 1990s? Why did it not happen in the 1960s, 1970s, or even 1980s?
Illustrated image | Reuters

State-run bank, two private lenders raise $2 billion via infrastructure bonds...

According to analysts, the move anticipates a revival in private capital expenditure and increased government spending.

Defence

IAF women fighter pilots Bhawana Kanth, Avani Chaturvedi and Mohana Singh | File image via Twitter/@IAF_MCC

Women constitute 13.69 % of IAF workforce, highest in armed forces,...

Presenting data on the 'participation of women in defence sector', Mos for Defence Ajay Bhatt said women comprise 6% of Navy's workforce, while Army constitutes just 3.97%.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP...

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.