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The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

WPI dips marginally to 0.16 pc in Oct due to subdued non-food prices

Retail inflation as measured by the consumer price index (CPI) touched a 16-month high as it rose to 4.62 per cent in...

14 Nov 2019 2:59 PM IST

Moodys also affirmed Indias local-currency senior unsecured rating and other short-term local-currency rating.

Moody's cuts India's GDP growth forecast to 5.6 pc for 2019

India's economic growth has decelerated since mid-2018, with real GDP growth slipping from nearly 8 per cent to 5 per...

14 Nov 2019 1:06 PM IST

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis. (Photo: Pixabay)

Jobs at risk as China's services sector feels heat of trade war

The government has raised this year's budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

14 Nov 2019 10:08 AM IST

India has taken the matter of Pakistans move to deny permission to Prime Minister Narendra Modis special flight to use its airspace, to the International Civil Aviation Organisation (ICAO), sources in the government have said. (Photo: File)

PM Modi says wants to make India a USD 5 trillion economy by 2024

BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade...

14 Nov 2019 9:33 AM IST

Making matters worse are the soaring prices of vegetables in Faizabad and Ayodhya due to the frantic buying by locals.

Inflation soars to 15-month high

Prices of cereals and products were also high at 2.16 per cent against 1.66 per cent a month ago.

14 Nov 2019 4:28 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee tumbles 62 paise, could remain weak

The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary...

14 Nov 2019 4:23 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI becomes net buyer of dollars in Sept, bought USD 5.61 billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

13 Nov 2019 9:33 AM IST

Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

SBI, DBS signal growth rate set to dip further

The SBI research report was, however, hopeful that the economic growth rate will pick up pace in 2020-21 to 6.2 per...

13 Nov 2019 3:29 AM IST

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

India's GDP likely to grow 5 per cent this fiscal: SBI report

India is also significantly lower in Economic Uncertainty Index when compared globally

12 Nov 2019 5:08 PM IST

The industrial societies have already burnt about 25 per cent of Earths fossil fuels within the past 160 years (Photo: Representational/Pixabay)

India's industrial production posts steepest fall in 8 years

The contraction in IIP in September has dampened prospects of a quick recovery in economic growth after it slipped to a...

12 Nov 2019 9:39 AM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

Forex reserves soar USD 3.5 bn to new lifetime high of USD 446.09 bn

The country's reserve position with the Fund also increased by USD 10 million to USD 3.648 billion, the data showed.

9 Nov 2019 12:30 PM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

No levying of charges on NEFT payment from January: RBI to banks

RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.

8 Nov 2019 5:26 PM IST