Ravi Shankar Prasad, union law minister, retracted his statement where he opined there is no economic problem in India by citing movie gross as an example.
The World Bank declared that India's growth rate is projected to fall to 6 per cent as the economy battles a slowdown.
He cited the earnings of three blockbuster movies saying that the collectively earned Rs 120 crore on October 2.
Reliance Industries chairman Mukesh Ambani remains on top in the Forbes India Rich List 2019 with $51.4 billion revenue.
India’s hopes of a recovery in manufacturing has taken a hit as industrial production in August dropped 1.1%.
India will be restricting imports of some of the products from Malaysia, according to government and industry sources.
Union Finance Minister Nirmala Sitharaman said that the Goods and Services Tax (GST) framework has its own flaws since it was implemented but it has to be followed.
A form is submitted by applicants under the scheme to the municipal cooperation which requires two affidavits and a selfie of the groom.
“An empowered group of secretaries has been clustered to drive the process in a time-bound manner,” he added.
Ex-promoters of pharmaceutical company Ranbaxy, Malvinder Singh and his younger brother Shivinder Singh were arrested in Rs. 740-crore fraud case on Thursday, upon a complaint lodged by Religare Finvest.
The RBI has imposed a Rs 25,000 limit on withdrawals. The PMC customers, on Wednesday, protested outside the Mumbai court saying the said limit is "too little".
The effects of the global economic slowdown can evidently be visible in emerging market economies like India, said International Monetary Fund. The effects of ‘synchronized slowdown’ in the global economy were more pronounced in India, said new IMF Managing Director Kristalina Georgieva.