In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier food items.
14 Nov 2019 3:19 PM
Retail inflation as measured by the consumer price index (CPI) touched a 16-month high as it rose to 4.62 per cent in October.
14 Nov 2019 2:59 PM
India's economic growth has decelerated since mid-2018, with real GDP growth slipping from nearly 8 per cent to 5 per cent.
14 Nov 2019 1:06 PM
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
BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade costs, says PM.
14 Nov 2019 9:33 AM
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
The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary easing by the RBI.
14 Nov 2019 4:23 AM
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
The SBI research report was, however, hopeful that the economic growth rate will pick up pace in 2020-21 to 6.2 per cent.
13 Nov 2019 3:29 AM
India is also significantly lower in Economic Uncertainty Index when compared globally
12 Nov 2019 5:08 PM
The contraction in IIP in September has dampened prospects of a quick recovery in economic growth after it slipped to a six-year low.
12 Nov 2019 9:39 AM
The country's reserve position with the Fund also increased by USD 10 million to USD 3.648 billion, the data showed.
09 Nov 2019 12:30 PM
RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.
08 Nov 2019 5:26 PM
Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.
08 Nov 2019 11:00 AM
Government of India has also proactively taken policy decisions in response to the global slowdown.
08 Nov 2019 10:21 AM
A credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched slowdown.
08 Nov 2019 8:56 AM
RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.
07 Nov 2019 1:53 PM
India wants to be the new destination for global energy players, said oil minister Dharmendra Pradhan.
07 Nov 2019 12:21 PM
A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.
07 Nov 2019 9:47 AM
Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.
06 Nov 2019 2:37 PM