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Business

Investment boost: World Bank says India GDP to grow 7.5 per cent this...

With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent.

8 April 2019 7:23 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.

Business

RBI cuts inflation forecast to 2.9-3 pc for H1 FY20

In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the...

4 April 2019 12:38 PM IST

Business

RBI cuts key rate by 25 bps to 6 pc to boost economic activitiy

The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.

4 April 2019 11:53 AM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarter

Business

FMCG growth, low food inflation to be hit by fall in monsoon: Nestle...

Nestle said decline in monsoon would not affect it as its rural sales account for only about 20-25 per cent of its total...

18 May 2019 10:38 AM IST

The Home Minister was addressing the rally in support of sitting BJP MP Ram Swaroop Sharma from Mandi Lok Sabha seat. (Photo: ANI)

India

Rajnath claims inflation not issue in 2019, Modi handled economy well

Earlier, people used to sing 'Congress sarkar aayi hai, kamartod mehengai layi hai', said Rajnath Singh in a rally.

17 May 2019 9:23 AM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

Business

WPI inflation slips to 3.07 per cent in April, food prices still high

Inflation in food articles hardened with steep rise in prices of vegetables during April.

14 May 2019 12:40 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

Business

RBI likely to cut rates again in June; none thereafter on rising...

RBI had cut interest rate by 25 basis points each in February and April to boost economic growth

8 May 2019 2:38 PM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Business

India apprehensive Iran sanctions could boost oil prices, inflation

We are apprehensive that impact can translate higher oil prices, affecting common person, Harsh Vardhan Shringla said.

1 May 2019 12:06 PM IST

The ubiquitous sight of people defecating in the open continues to repulse Mumbaikars. (Photo: Shripad Naik)

Business

Inflation pinches much less for expats than average Indian

Mumbai continues to be the most expensive city for expats in India and Kolkata is the cheapest, claims a study.

26 Jun 2019 6:30 PM IST

Business

WPI inflation at nearly 2-yr low at 2.45 pc in May

Wholesale Price Index inflation in May is the lowest in 22 months, since July 2017.

14 Jun 2019 12:49 PM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

Business

Industrial growth at 6-month high of 3.4 per cent in April

IIP growth mainly on account of improvement in mining and power generation, according to official data.

12 Jun 2019 6:17 PM IST