ECONOMY

Monthly Archives: JANUARY 2017


Supreme Court dismisses petition to postpone Union budget due to state elections
23.01.17 - TEAM PT

The Supreme Court on Monday rejected a petition to delay the annual Union Budget, which Finance Minister Arun Jaitley is scheduled to deliver on February 1, dismissing concerns about potential giveaways ahead of critical state polls.

A bench headed by Chief Justice J S Khehar refused ...
  


RBI's image dented beyond repair post demonetisation, bank staff write to Chief Urjit Patel
14.01.17 - TEAM PT

Employees of the Reserve Bank have taken strong exception to the recent measures involving the demonetisation of Rs 500 and Rs 1,000 notes, stating that the government "is impinging on the RBI’s autonomy and its statutory as well as operational jurisdiction”.
 
The employee unions of the ...
  


GDP Growth To Fall To 3-Year Low Of 7.1%, says govt; demonetisation impact yet to be factored in
06.01.17 - TEAM PT

Country’s GDP growth is estimated to slow down to 7.1 per cent in current fiscal, from 7.6 per cent in 2015-16, mainly due to slump in manufacturing, mining and construction sectors, the government data showed today without factoring in ‘volatile’ post-demonetisation figures.
 
The Central Statistics Office ...
  



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