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Subhash Chandra Garg has replaced Shaktikanta Das as economic affairs secretary. (Photo: PTI)

Economy to double to USD 5 trillion by 2025; no risk to inflation...

India's GDP in value terms currently stands at USD 2.5 trillion - making it the sixth largest economy in the world.

26 March 2018 1:58 PM IST

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

Once hot favourite, India bonds lose their charm for foreign investors

Foreign investors have sold a net $1.12 billion in Indian debt, the strongest monthly outflow since December 2016.

26 March 2018 12:25 PM IST

RBI governor Urjit Patel

Patel headed MPC to decide on first monetary policy of FY19 on April...

Meeting schedule of the MPC for a year should also be published at least one week before the first meeting in that year.

21 March 2018 3:36 PM IST

Federal Reserve Chairman Jerome Powell. (Photo: AP)

Fed likely to raise rates, may upgrade 2018 outlook

The US central bank projected late last year that it would lift rates three times in 2018.

21 March 2018 11:14 AM IST

India has been the worlds fastest growing major economy over the past two years.

Outlook for Indian govt bonds to remain challenging: DBS

Overall, India's financing requirements will keep the rupee vulnerable to rising US rates this year.

20 March 2018 11:22 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI likely to remain on extended pause: report

Inflation is likely to remain close to 4.5 per cent during 2018-19, says a report.

19 March 2018 10:43 AM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Gold eases on firmer dollar, eyes first weekly gain in four

Gold prices slipped in range-bound trading on Friday as the dollar firmed slightly.

11 May 2018 2:04 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex climbs 134 points ahead of macro data

The 30-share index went up 133.60 points, or 0.38 per cent, to 35,379.87.

11 May 2018 10:12 AM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

China April producer inflation picks up for first time in 7 months

China has set an inflation goal of 3 per cent for 2018, the same target as last year.

10 May 2018 10:22 AM IST

Most foreign investors have priced in a second term for the Narendra Modi government in the 2019 general elections, says a multi-country survey of investors done by global research firm UBS.

Narendra Modi win in 2019 is priced in

Most foreign investors have priced in' a second term for the Narendra Modi government in the 2019 general elections.

9 May 2018 11:44 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Govt to release inflation index for 10 services as trial in June

Move will help track inflation in these services, which will also include ports, postal, insurance, banking, transport...

8 May 2018 4:31 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI to take hawkish stance by end-2018, hike rates early next year

According to RBI's own projections, inflation is likely to average 5.1-5.6 pc for first half of the 2018-19 fiscal year.

30 March 2018 11:00 AM IST