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Arun Jaitley to leave for Frankfurt today to attend ADB meet

Finance Minister Arun Jaitley will leave today for an official visit to Frankfurt to attend the annual meeting of the Asian Development Bank (ADB). In his speech at the First Business Session of ADB, Mr Jaitley will focus on performance of the Indian economy in global slowdown and also hig...


Wilful defaulters owe over Rs 66000 cr to state-run banks: Govt

Minister of state for Finance Jayant Sinha has said that there were 7,686 wilful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015. In a written reply in the Rajya Sabha, Mr Sinha said, the number of wilful defaulters of Public sector banks, (PSBs) rose from 5,554 to 7,686 in...


IMF retains India growth forecast at 7.5% for 2016-17

Noting that India remains the fastest-growing large economy in the world, the International Monetary Fund has retained its growth forecast for the country at 7.5 percent for this year. The IMF said, in its latest Regional Economic Outlook for Asia and the Pacific, that this growth momentum is expect...


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"Mann ki Baat - 19"
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