Sunday, Aug 14, 2022 | Last Update : 08:52 AM IST

  Business   Economy

Economy | The Asian Age

Rupee falls to all-time low of 80.05 against US dollar

The rupee opened on a weaker note on Tuesday morning weighed down by outflows and high oil prices

19 Jul 2022 10:27 AM

Highest 28% GST on luxury, sin goods to continue: Revenue Secy

The GST Council has set up a Group of Ministers (GoM), under Karnataka CM Basavaraj Bommai, to suggest rationalisation in tax rates and more

04 Jul 2022 11:48 PM

GST Council puts off compensation decision till August

A final decision is likely to be taken at the next meeting of the council in the first week of August

30 Jun 2022 1:27 AM

GST Council removes tax exemptions on some items

States clamour for more revenue share

29 Jun 2022 12:59 AM

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 7:55 AM

ADVERTISEMENT

RBI hikes key rate by 0.5 per cent as it tries to tame inflation

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

09 Jun 2022 1:12 AM

RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7 per cent

This is the second hike in the policy repo rate since the being of the current financial year

08 Jun 2022 11:41 AM

Bond yield spikes to 7.5 per cent for first time in three years

The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday

07 Jun 2022 8:03 AM

8.7 per cent growth in GDP in FY2022, Q4 dips to 4.1 per cent

Indian economy expanded at 8.7 per cent pace for the financial year 2021-22 against a contraction of 6.6 per cent in FY21

01 Jun 2022 12:53 AM

Centre plans to spend additional Rs.2 L crore in one year to fight inflation

India’s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high

23 May 2022 2:12 AM

ADVERTISEMENT

RBI to transfer Rs 30,307 cr to government

The contingency risk buffer has also been retained at 5.5 per cent

21 May 2022 12:35 AM

RBI, in surprise move, hikes key rate by 0.4 per cent, EMIs might go up

The move will lead to an increase in lending rates and make retail loans, including home loans, costly

05 May 2022 2:15 AM

Exports jump by 24% in April

Higher energy prices were one of the key factors for the higher exports

03 May 2022 11:32 PM

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

23 Apr 2022 1:42 AM

Nirmala meets IMF chief; discusses impact of geopolitical situation on global growth

IMF chief highlighted India's well-targeted policy mix which helped the country's economy remain resilient even with a limited fiscal space

19 Apr 2022 11:09 AM

ADVERTISEMENT

5 per cent GST rate may give way for 3%, 8% slabs

Every 1% increase in 5% slab, which mainly includes packaged food items, would roughly yield an additional revenue of ₹50,000 Cr annually

17 Apr 2022 9:53 PM

India's fuel sales hit 3-year high in March

Fuel demand in the fiscal year ending March 31, 2022 was up 4.3 per cent at 202.71 million tonnes, the highest since FY20

12 Apr 2022 4:12 AM

RBI cuts growth outlook, interest rate unchanged

Market interest rates will start increasing at a faster pace now which is positive for savers, especially the depositors

08 Apr 2022 11:10 AM

India exports rise to record high of USD 418 bn in FY22

Outbound shipments touched an all-time high of USD 40 billion in a month in March 2022, Minister Piyush Goyal said

03 Apr 2022 11:50 PM

GST mopup hits ₹1.42 L cr in March

The key reasons behind such a huge mopup are continued recovery in the economy and anti-evasion drive by the GST authorities

02 Apr 2022 12:28 AM

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT