FY20

Timelines
India's GDP growth rises to 4.7% in October-December quarter

28 Feb 2020

India's GDP growth rises to 4.7% in October-December quarter

India recorded a Gross Domestic Product (GDP) growth rate of 4.7% in the third quarter of the fiscal year 2019-2020, according to government data released on Friday.

Union Minister Ravi Shankar Prasad withdraws 'no economic slowdown' comment

13 Oct 2019

Union Minister Ravi Shankar Prasad withdraws 'no economic slowdown' comment

Union Minister Ravi Shankar Prasad on Sunday withdrew his controversial statements from the day before wherein he cited the box office performance of three films as proof that India's economy is stable.

RBI cuts repo rate, slashes GDP growth estimates

04 Oct 2019

RBI cuts repo rate, slashes GDP growth estimates

On Friday, the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.15% in its "accommodative" stance to revive growth.

#NewsBytesExplainer: Why is RBI giving Rs. 1.76L crore to government

27 Aug 2019

#NewsBytesExplainer: Why is RBI giving Rs. 1.76L crore to government

Amid an economic slowdown in the country, Reserve Bank of India (RBI) stepped in to bail out Prime Minister Narendra Modi's government.

#Budget2019: Key highlights from Piyush Goyal's Budget speech

01 Feb 2019

#Budget2019: Key highlights from Piyush Goyal's Budget speech

With an eye on the upcoming Lok Sabha elections, due by May, Finance Minister Piyush Goyal, on Friday, made major announcements for the middle-class, farmers, and unorganized sector workers.

#Budget2019: More than Rs. 3 lakh crore allotted for defense

01 Feb 2019

#Budget2019: More than Rs. 3 lakh crore allotted for defense

Speaking about national security during his interim Budget 2019 speech, Finance Minister Piyush Goyal announced that the defense budget for FY20 had been extended beyond Rs. 3 lakh crore - the highest in any year thus far.

#Budget2019: Rs. 64,587cr capital support announced for Indian Railways

01 Feb 2019

#Budget2019: Rs. 64,587cr capital support announced for Indian Railways

Talking about budget allocation for the Indian Railways, Finance Minister Piyush Goyal, during his interim Budget 2019 speech, announced capital support for the Railways to the tune of Rs. 64,587cr.

Business Roundup: Here are today's top 5 Business news

09 Jun 2018

Business Roundup: Here are today's top 5 Business news

Vijay Shekhar: Budget 2017 will boost digital services

02 Feb 2017

Vijay Shekhar: Budget 2017 will boost digital services

According to mobile e-wallet Paytm's founder Vijay Shekhar, budget measures will build a more inclusive economy and increase access to digital services.

Bank stocks soar, Sensex over 485 cheering Jaitley's Budget

01 Feb 2017

Bank stocks soar, Sensex over 485 cheering Jaitley's Budget

Public Sector Undertaking (PSU) bank stocks shot up as Finance Minister Arun Jaitley announced allocation of Rs. 10,000 crore towards recapitalization of public sector banks in Budget 2017-18.