The 15th Finance Commission on Thursday said that India’s GDP numbers suggest a continued high growth trend in the medium term even though they have fluctuated in the last few years. The Commission and its Members made these observations during a meeting with senior officials in the Ministry of Finance, including Finance Secretary Subhash Chandra […]

India delayed on Tuesday the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement. The new duties were to come into force from May 16. Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi announced in June last […]

Wholesale price-based inflation slipped to 3.07% in April on cheaper fuel and manufactured items, even as prices of food articles remained high, according to an official data released on May 14. The Wholesale Price Index- (WPI-) based inflation was at 3.18% in March. It was 3.62% in April 2018. Inflation in food articles hardened with […]