Setting a new precedent Union Finance Minister Nirmala Sitharaman on Friday was seen hugging the budget documents wrapped in a red cloth, the traditional 'bahi khaata' way, instead of the leather briefcase that until now her predecessors marched out with. ....

The Economic Survey 2018-19 said that India's inflation scenario transitioned from its high and volatile levels to a low and stable condition in the last five years. ....

Prime Minister Narendra Modi on Saturday invited G20 countries to join a proposed international coalition to address issues related to post-disaster situations anywhere in the world. ....

The Enforcement Directorate on Thursday said it has attached four Swiss bank accounts of fugitive businessman Nirav Modi and his sister Purvi with a balance of Rs 283 crore in its investigation into the Rs 13,500 crore Punjab National Bank (PNB) fraud. ....

US President Donald Trump said on Wednesday that the US would impose "very substantial" tariffs on China if the two countries were unable to reach a trade deal during his meeting with Chinese President Xi Jinping on the sidelines of the G20 Summit in Osaka, Japan. ....

After launching its biggest crackdown on railway ticket agents and touts, the Special Intelligence Branch of the Railway Protection Force (RPF) is now probing the role of insiders involved in the racket which runs into several crores. ....

Prime Minister Narendra Modi on Monday asked the top bureaucrats of each government department to plan, create roadmap and take decisions to make India a $5 trillion economy while making "ease of living" their top priority. ....

The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....

Home and auto loans are set to become cheaper as the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent. ....

Hit hard by the 5-year low GDP growth and a 45-year high unemployment rate of 6.1 per cent, the newly formed Modi government swung into action and on Wednesday, as it formed two new cabinet committees to check the declining trend in growth and employment and spur demand as well as consumption. ....