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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.

India's inflation probably breached RBI target last month: report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

8 Nov 2019 11:00 AM IST

The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.

FinMin says fundamental of Indian eco robust, reforms to stimulate...

Government of India has also proactively taken policy decisions in response to the global slowdown.

8 Nov 2019 10:21 AM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

Moody's outlook on India 'negative', govt says fundamentals in place

A credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched...

8 Nov 2019 8:56 AM IST

Nirmala Sitharaman said the governments efforts last time were thwarted by the poor numbers in the Upper House. (Photo: File)

Nirmala Sitharaman reviews state of economy at FSDC meeting

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial...

7 Nov 2019 1:53 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

India seeks foreign investments in oil and gas sector: Pradhan

India wants to be the new destination for global energy players, said oil minister Dharmendra Pradhan.

7 Nov 2019 12:21 PM 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.

Slowing Indian economy spells tough times ahead for the rupee: report

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

7 Nov 2019 9:47 AM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Steel consumption in India set for quantum jump: Pradhan

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government...

6 Nov 2019 2:37 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fitch raises India's FY20 fiscal deficit forecast to 3.6 pc of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

6 Nov 2019 12:20 PM IST

According to the ISMA, mills produced 33.16 million tonne of sugar during the 2018-19 marketing year, of which sales were 25.5 million tonne.

India's sugar output likely to fall 21.5 pc in 2019-20: ISMA

ISMA had made a preliminary estimate of 28.2 million tonnes of sugar production for the 2019-20 marketing year.

5 Nov 2019 6:15 PM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

5 Nov 2019 2:59 PM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 12:58 PM IST

The councils Chairman Mohit Singla said India needs to move with optimism and caution on this mega trade agreement.

RCEP deal may hurt India's export competitiveness: TPCI

India's imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as...

5 Nov 2019 11:54 AM IST