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IMF warns China against aggressive economic stimulus

Beijing: China must resist taking aggressive stimulus steps as it navigates troubled economic waters as they could add to excessive debt levels leading to...

9,063 wilful defaulters owe Rs 1.10 lakh crore to PSBs

New Delhi: The number of wilful defaulters, who did not repay loans to public sector banks (PSBs) despite the capacity to do so, rose...

Govt seeks Parliament nod to spend Rs 85,315 crore more this fiscal

New Delhi: The government today sought Parliament nod for additional cash spending of Rs 85,315.30 crore in the current fiscal, of which 70% is...

Bihar FY17 growth rate at 10.3%, tops national average

Patna: Bihar clocked a growth rate of 10.3% in 2016-2017 as against 7.5% in the corresponding fiscal a year ago, riding largely on the back...

NDA govt built 6 crore toilets since 2014: Govt

Hyderabad: The NDA government has built six crore toilets since coming to power at the Centre in 2014 and another two crore are to...

EPFO likely to retain 8.65% interest rate for FY’18

New Delhi: Retirement fund body EPFO is expected to keep interest rate unchanged at 8.65% on provident funds for its about 5 crore members for...

Fiscal situation to be comfortable next financial year, says FM

New Delhi: Finance Minister Arun Jaitley today said the fiscal situation should be comfortable next financial year and there are no worries at the moment...

MPC meeting: RBI likely to keep interest rate on hold

New Delhi: Firming inflation, rising oil prices and government's plans to raise crop support price are likely to restrain the RBI, for the third...

Budget strikes balance between fiscal prudence, growth: Moody’s

New Delhi: The Budget for 2018-19 strikes a balance between fiscal prudence and growth, and a "slight" slippage in fiscal deficit has no material impact...

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