Income Tax collection in the country stood at a record Rs 10.03 lakh crore during 2017-18, the Central Board of Direct Taxes (CBDT) said.
Analysts see Hungary’s central bank NBH keeping its record-low interest rates on hold again at its meeting on Aug. 21, despite a pick-up in inflation and increased currency EURHUF= volatility in the wake of Turkey’s currency crisis.
Japan's core consumer inflation rate likely picked up slightly in July but due mostly to rising energy costs rather than robust demand, a Reuters poll showed.
India Ratings today revised down its economic growth forecast for financial year 2018-19 by two notches to 7.2 per cent citing rising inflationary risks.
RBI's MPC members cited possible risks of inflation in the second half of the year as one of the key drivers for raising interest rates in August, according to minutes of the meeting released.
Venezuela faces payments of $1.1 billion in interest and principal on two bonds maturing on Wednesday, but investors expect the cash-strapped nation to continue its pattern of no payments.
The euro zone’s surplus for goods traded with the rest of the world fell by less than forecast in June, European statistics office Eurostat said.
China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct knowledge of the matter said.
Retail sales volumes in July rose by 0.7 percent, and were 3.5 percent higher than a year earlier, above economists’ forecasts in a Reuters poll for a 0.2 percent monthly rise and a 3.0 percent annual gain.