Friday, Nov 22, 2019 | Last Update : 05:27 AM IST

Economy | The Asian Age

Financial crunch due to Centre's failure to release GST dues

The Centre has also reduced the credit limit of the state by almost Rs 6000 crore.

19 Nov 2019 5:36 PM

Kashmir shutdown caused losses of more than USD 1 billion: Trade body

Economic losses ran into least 100 billion rupees (USD 1.40 billion) by September.

19 Nov 2019 3:59 PM

Pesticide restrictions may benefit tea sector

Tea, having chemicals like Ethion, Tetradifon and Triazophos, are denied entry into the US as well.

18 Nov 2019 2:12 AM

Govt will be forced to slash spending this year too: Crisil

GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.

16 Nov 2019 10:43 AM

Forex kitty continues to swell, touches a new high of USD 448 billion

The country's reserve position with the IMF also decreased by USD 17 million to USD 3.630 billion, the data showed.

16 Nov 2019 10:33 AM

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Current economic slowdown episodic, says N K Singh

India's economic growth hit a six-year low of 5 per cent in the first quarter of the current fiscal.

15 Nov 2019 5:01 PM

Rupee rises 18 paise to 71.78 vs USD in early trade

On Thursday, rupee had settled for the day at 71.96 against the US dollar.

15 Nov 2019 10:32 AM

'RBI to cut rates by 40 bps by Feb despite high inflation'

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.

14 Nov 2019 4:04 PM

Retail inflation may average at 4 per cent in FY20: SBI report

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

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 October.

14 Nov 2019 2:59 PM

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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 cent.

14 Nov 2019 1:06 PM

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

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 costs, says PM.

14 Nov 2019 9:33 AM

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

Rupee tumbles 62 paise, could remain weak

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

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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

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 cent.

13 Nov 2019 3:29 AM

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

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 six-year low.

12 Nov 2019 9:39 AM

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.

09 Nov 2019 12:30 PM

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