Economy

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India has large reserves to tide over currency turmoil: Economic affairs secretary

India has large reserves to tide over currency turmoil:...

​​The reserves, which have been dipping as the central bank deploys the kitty to...

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Finance minister Nirmala Sitharaman asks I-T department to quickly process ITRs, refunds

Finance minister Nirmala Sitharaman asks I-T department...

Sitharaman said pending cases need to be resolved expeditiously and that the department...

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Monsoon 2022: Strong finish but crucial regional deficits

Monsoon 2022: Strong finish but crucial regional deficits

"The acreage of kharif crops is unlikely to meet last year’s level. The erratic...

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Massive currency market intervention may not impact monetary policy independence: Report

Massive currency market intervention may not impact monetary...

Forex market interventions during surges in capital flows to contain the INR volatility...

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Net direct tax mop up rises 23% to Rs 7.04 lakh crore so far this fiscal

Net direct tax mop up rises 23% to Rs 7.04 lakh crore so...

"The momentum of the last fiscal continues in this fiscal with net direct tax collection...

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RBI's rate-setting panel to begin 3-day meet, set to hike rate

RBI's rate-setting panel to begin 3-day meet, set to hike...

Meetings of the Monetary Policy Committee, presided over by Governor of the RBI...

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Debt cost begins to pinch states again with 9 bps spike in last auction

Debt cost begins to pinch states again with 9 bps spike...

The spike in average cost reflects the overall interest tightening taking place...

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India’s formal sector employment jumps by 0.4 million in January-March quarter

India’s formal sector employment jumps by 0.4 million in...

As per the survey (QES), which is fourth in series of the revamped survey released...

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India has fairly large forex reserve to deal with current situation: Economic affairs secretary

India has fairly large forex reserve to deal with current...

​​The reserves, which have been dipping as the central bank deploys the kitty to...

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RBI may need to find ways to reload forex reserves as Indian rupee falls further, says HDFC's Abheek Barua

RBI may need to find ways to reload forex reserves as Indian...

Barua said that the central bank may need to think of ways to bulk up its forex...

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RBI may need to reload reserves as Indian rupee falls further: HDFC Bank economist Abheek Barua

RBI may need to reload reserves as Indian rupee falls further:...

The Indian currency has weakened 9.5% so far this year, with the central bank defending...

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Demand for luxury products exposes widening inequality in India

Demand for luxury products exposes widening inequality...

Consumer-goods makers are reporting robust demand for items priced nearly $2,000...

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Reserve Bank of India sells fewer dollars despite new rupee low

Reserve Bank of India sells fewer dollars despite new rupee...

As two-year US treasury yields climbed past 4.1% to trigger algorithmic trades that...

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Reserved Bank of India sells fewer dollar despite new rupee low

Reserved Bank of India sells fewer dollar despite new rupee...

As two-year US treasury yields climbed past 4.1% to trigger algorithmic trades that...

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S&P retains FY23 growth forecast at 7.3%; OECD at 6.9%

S&P retains FY23 growth forecast at 7.3%; OECD at 6.9%

S&P Global Ratings on Monday retained India's economic growth projection at 7.3%...

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Maharashtra government to spend Rs 6 lakh crore on state's infrastructure

Maharashtra government to spend Rs 6 lakh crore on state's...

Some of the new projects planned include creating an Expressway grid comprising...

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FM to meet state chief secretaries to push capex, flagship schemes

FM to meet state chief secretaries to push capex, flagship...

Finance minister Nirmala Sitharaman will meet state chief secretaries this week...

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Foreign trade policy extended by 6 months

Foreign trade policy extended by 6 months

The government on Monday extended the existing Foreign Trade Policy (2015-20) by...

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Indian economy showing resilience and recovery: CEA

Indian economy showing resilience and recovery: CEA

Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday said the Indian economy...

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Commerce ministry extends foreign trade policy by another six months

Commerce ministry extends foreign trade policy by another...

The policy provides guidelines related to imports and exports in India. The ministry...

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S&P retains India's FY'23 GDP growth at 7.3 pc; expects inflation to be above 6 pc

S&P retains India's FY'23 GDP growth at 7.3 pc; expects...

S&P Global Ratings on Monday projected India's economic growth at 7.3 per cent in...

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S&P pegs India's FY'23 GDP growth at 7.3 pc; expects inflation to be above 6 pc

S&P pegs India's FY'23 GDP growth at 7.3 pc; expects inflation...

S&P Global Ratings on Monday projected India's economic growth at 7.3 per cent in...

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FIEO plans series of activities in GCC markets to push India's exports

FIEO plans series of activities in GCC markets to push...

In the current financial year, FIEO has planned various activities -- including...

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India’s campaign for rupee trade finds fans from Russia to UAE

India’s campaign for rupee trade finds fans from Russia...

A greater use of the rupee in tea trade is an encouraging sign, but it’s unlikely...

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