Railways and coal minister Piyush Goyal asked the Reserve Bank of India on Friday to introspect its role in pulling down the country’s projected economic growth for 2019-20 to 7.2 per cent from the earlier forecast of 7.4 per cent.
The 15th Finance Commission on Friday held a high level roundtable on ‘Fiscal Relations across levels of government’.
The GST regime seems to stabilising after rate rationalisation
Commenting on first bi-monthly monetary policy of 2019-20 announced by RBI earlier today, FICCI president Sandip Somany said that there is further scope for repo rate cut.
MUMBAI: The Federation of Retail Traders Welfare Association has written to Prime Minister Narendra Modi and BJP national president Amit Shah to apply only two slabs for the Goods and Services Tax - 5% and 12%.
The rupee skidded 6 paise to finish at 69.23 per US dollar on Friday, largely owing to increasing demand for the greenback from importers. Forex traders said strengthening of the dollar against key currencies overseas also kept the rupee under pressure, though persistent foreign fund inflows restricted the fall.