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Economy - Page 35

Sitaram Yechury

Govt must bring white paper on status of Indian economy: Yechury

Indian economy may have slowed for the sixth consecutive quarter in July-September to 4.7 per cent, India Ratings report...

27 Nov 2019 12:58 PM IST

Desperate situations call for desperate measures, which are coming now, but only after the hubris of the reelection-dominated July Budget dissipated somewhat and those producing goods and offering services are being recognised as pivotal drivers of the economy.

India GDP growth in Q2 at 4.7 pc; FY20 forecast at 5.6 pc: Report

The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.

26 Nov 2019 3:57 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold imports dip 9 per cent during Apr-Oct

Dip in gold imports has helped in narrowing the country's trade deficit to USD 94.72 billion during Apr-Oct 2019-20.

24 Nov 2019 4:32 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

Financial crunch due to Centre's failure to release GST dues

The Centre has also reduced the credit limit of the state by almost Rs 6000 crore.

19 Nov 2019 5:36 PM IST

After remaining locked down for around two months, on October 10 the government had opened Kashmir for tourists. But the uncertainties still continue, finds the trade.

Kashmir shutdown caused losses of more than USD 1 billion: Trade body

Economic losses ran into least 100 billion rupees (USD 1.40 billion) by September.

19 Nov 2019 3:59 PM IST

It also urged the Tea Board of India not to force the industry to declare two per cent of its produce as tea waste. Tea waste should be declared basing on the actual waste amount, it argued.

Pesticide restrictions may benefit tea sector

Tea, having chemicals like Ethion, Tetradifon and Triazophos, are denied entry into the US as well.

18 Nov 2019 2:12 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Govt will be forced to slash spending this year too: Crisil

GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.

16 Nov 2019 10:43 AM IST

Indias forex reserves have shot up considerably.

Forex kitty continues to swell, touches a new high of USD 448 billion

The country's reserve position with the IMF also decreased by USD 17 million to USD 3.630 billion, the data showed.

16 Nov 2019 10:33 AM IST

15th Finance Commission chairman N K Singh.

Current economic slowdown episodic, says N K Singh

India's economic growth hit a six-year low of 5 per cent in the first quarter of the current fiscal.

15 Nov 2019 5:01 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 18 paise to 71.78 vs USD in early trade

On Thursday, rupee had settled for the day at 71.96 against the US dollar.

15 Nov 2019 10:32 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

'RBI to cut rates by 40 bps by Feb despite high inflation'

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the...

14 Nov 2019 4:04 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Retail inflation may average at 4 per cent in FY20: SBI report

In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier...

14 Nov 2019 3:19 PM IST