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Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

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...

13 Nov 2019 3:29 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

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 IST

The industrial societies have already burnt about 25 per cent of Earths fossil fuels within the past 160 years (Photo: Representational/Pixabay)

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...

12 Nov 2019 9:39 AM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

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.

9 Nov 2019 12:30 PM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

No levying of charges on NEFT payment from January: RBI to banks

RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.

8 Nov 2019 5:26 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.

India's inflation probably breached RBI target last month: report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

8 Nov 2019 11:00 AM IST

The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.

FinMin says fundamental of Indian eco robust, reforms to stimulate...

Government of India has also proactively taken policy decisions in response to the global slowdown.

8 Nov 2019 10:21 AM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

Moody's outlook on India 'negative', govt says fundamentals in place

A credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched...

8 Nov 2019 8:56 AM IST

Nirmala Sitharaman said the governments efforts last time were thwarted by the poor numbers in the Upper House. (Photo: File)

Nirmala Sitharaman reviews state of economy at FSDC meeting

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial...

7 Nov 2019 1:53 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

India seeks foreign investments in oil and gas sector: Pradhan

India wants to be the new destination for global energy players, said oil minister Dharmendra Pradhan.

7 Nov 2019 12:21 PM IST

Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

Slowing Indian economy spells tough times ahead for the rupee: report

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

7 Nov 2019 9:47 AM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Steel consumption in India set for quantum jump: Pradhan

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government...

6 Nov 2019 2:37 PM IST