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An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

23 April 2022 1:42 AM IST

Union Minister for Finance Nirmala Sitharaman and Kristalina Georgieva, Managing Director, International Monetary Fund in Washington D.C. (pib.gov.in)

Nirmala meets IMF chief; discusses impact of geopolitical situation on...

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

19 April 2022 11:09 AM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

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...

17 April 2022 9:53 PM IST

Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87 (PTI)

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...

12 April 2022 4:12 AM IST

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

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

8 April 2022 11:10 AM IST

Chinas exports saw a shock 3.5 percent rise in April . (PTI Photo)

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

3 April 2022 11:50 PM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST mopup hits â‚¹1.42 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...

2 April 2022 12:28 AM IST

Union Finance Minister Nirmala Sitharaman. (PTI)

Interest rates on small savings schemes unchanged for first quarter of...

The interest rate has not been revised since the first quarter of 2020-21

1 April 2022 1:52 AM IST

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the second part of Budget Session of Parliament, in New Delhi, Friday, March 25, 2022. (PTI photo)

Lok Sabha passes Finance Bill

The Union Budget 2022-23 had proposed taxing crypto assets at the rate of 30 per cent, effective from April 1

26 March 2022 1:11 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

India's GDP growth forecast cut to 7.9 per cent: Morgan Stanley

The report saw upside risks of 0.5 per cent of GDP to the fiscal deficit target of 6.4 per cent of GDP for FY23

13 March 2022 12:10 PM IST

However, like most financial instruments, add-on credit cards comes with its share of pros and cons.

Credit card spends, transactions decline in January

All large players reported a decline in monthly spends per card with the highest fall seen by IndusInd Bank

9 March 2022 9:45 AM IST

The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a-litre mark. (PTI Photo)

Petrol, diesel price hikes to restart from next week

International crude oil prices shot above USD 110 a barrel for the first time since mid-2014

2 March 2022 1:07 PM IST