Monday, Jan 20, 2020 | Last Update : 06:18 PM IST

Economy | The Asian Age

Forex reserves rise by USD 58 mn to record high of USD 461.21 bn

FCA decreased by USD 367 million to USD 427.582 billion, the RBI data released on Friday showed.

18 Jan 2020 11:08 AM

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM

WPI inflation surges to 2.59 per cent in December

The rate of price rise for food articles rose to 13.12 per cent during December as against 11 per cent a month earlier.

14 Jan 2020 12:35 PM

Govt appoints Michael Patra as RBI Deputy Governor

Patra will serve as the deputy governor for three years from the time of his appointment.

14 Jan 2020 12:11 PM

Retail inflation rises to 7.35 per cent, highest in 5 yrs

Surge in food/vegetable prices triggers fresh growth concerns.

14 Jan 2020 3:05 AM

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RBI buys net USD 6.93 billion in currency market in November: report

The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.

13 Jan 2020 12:30 PM

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM

RBI announces auction of 63-day Govt of India Cash Management Bill

Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.

10 Jan 2020 1:09 PM

Inflation probably breached RBI target in December: report

India’s annual consumer inflation rose to 6.20 per cent in December from November’s 5.54 per cent.

09 Jan 2020 1:00 PM

World Bank trims 2020 growth forecast amid slow recovery for trade, investment

The World Bank shaved 0.2 percentage point off of growth for both years.

09 Jan 2020 9:53 AM

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GDP growth seen slipping to 11-yr low of 5 pc this fiscal: Govt data

RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy last month.

08 Jan 2020 9:53 AM

Govt pegs GDP growth at 5 per cent for current fiscal

GDP growth stood at 4.8 per cent for the first half of the current fiscal year.

08 Jan 2020 1:23 AM

Credit flow to Infra sector remains muted at Rs 21.2 lakh cr in Apr-Sep: report

The infrastructure credit had witnessed a 19 per cent growth in FY19 to Rs 21.1 lakh crore.

07 Jan 2020 9:34 AM

Use of AI in different forms can help achieve USD 5 trn economy target: Goyal

The minister added that AI can also help expand in a more cost- effective and outcome-oriented manner.

06 Jan 2020 3:03 PM

India's service sector activity growth hits 5-month high in Dec: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector, rose from 52.7 in November to 53.7.

06 Jan 2020 11:27 AM

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Indian bonds gain as RBI widens special open market operation

Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.

04 Jan 2020 12:29 PM

Exports to rebound in 2020 but growth to remain subdued

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.

28 Dec 2019 12:38 PM

Inflation leaves consumers teary-eyed as pricey onions, food items bite

For most part of 2019, the government was successful in price control but the party seemed to have lost the sheen lately.

27 Dec 2019 1:14 PM

Niti Aayog member bats for 2 GST slabs, says rates should not be revised frequently

Central government is providing a subsidy of Rs 1.2 lakh cr and the states put together spend about Rs 1 lakh crore.

25 Dec 2019 3:07 PM

Consumer durables report steady growth in 2019; slowdown a threat in 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent.

23 Dec 2019 9:34 AM

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