None of the data released by government has any credibility now, says the former finance minister.

We are stuck in an equilibrium where all good politics is bad economics, and vice versa.

The kind of garbage India generates too is changing; plastic waste and ewaste are growing rapidly and state agencies lack the capacity and ...

“Foreign institutions have been downsizing from the investment banking and global markets,“ said Romesh Sobti, managing director and chief ...

The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and mo...

"Next year's fiscal target is very stiff and without growth moving up it is difficult to meet," Crisil chief economist D K Joshi said.

The rupee edged closer to the 50 mark against the dollar at 3pm, and was trading at 49.96 against the dollar.

The march towards the 50 mark had begun on Tuesday and has continued today. The local unit had closed at 48.66.