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Indias forex reserves have shot up considerably.

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 IST

15th Finance Commission chairman N K Singh.

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 IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

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 IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

'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...

14 Nov 2019 4:04 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

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...

14 Nov 2019 3:19 PM IST

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.

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...

14 Nov 2019 2:59 PM IST

Moodys also affirmed Indias local-currency senior unsecured rating and other short-term local-currency rating.

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...

14 Nov 2019 1:06 PM IST

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis. (Photo: Pixabay)

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 IST

India has taken the matter of Pakistans move to deny permission to Prime Minister Narendra Modis special flight to use its airspace, to the International Civil Aviation Organisation (ICAO), sources in the government have said. (Photo: File)

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...

14 Nov 2019 9:33 AM IST

Making matters worse are the soaring prices of vegetables in Faizabad and Ayodhya due to the frantic buying by locals.

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 IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee tumbles 62 paise, could remain weak

The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary...

14 Nov 2019 4:23 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

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 IST