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India's April-November fiscal deficit touches 115% of budget target

Economy

27 December, 2018

India's April-November fiscal deficit touches 115% of budget target

India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for the current ......

GST to move towards a single rate, says finance minister Arun Jaitley

Economy

24 December, 2018

GST to move towards a single rate, says finance minister Arun Jaitley

India is working towards a single national sales tax rate which could be a mid-point between 12 and 18 percent, ......

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Flashback 2018: Inside the Indian economy's year of extremes

Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

US Fed raises interest rates, hints at more hikes

Economy

20 December, 2018

US Fed raises interest rates, hints at more hikes

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, ......

India's trade deficit narrows in November

Economy

14 December, 2018

India's trade deficit narrows in November

India's November trade deficit narrowed to $16.67 billion due to a fall in gold imports, the country's trade ministry said ......

India's retail inflation at 17-month low in Nov; industrial output up 8.1% in Oct

Economy

12 December, 2018

India's retail inflation at 17-month low in Nov; industrial output up 8.1% in Oct

India's retail inflation rate dropped in November, which should increase the chances of the new central bank governor keeping interest ......

ISB professor who supported demonetisation named chief economic adviser

Economy

07 December, 2018

ISB professor who supported demonetisation named chief economic adviser

India's government appointed a new chief economic adviser on Friday, naming a U.S.-trained professor who praised the country's shock decision ......

RBI's monetary policy committee unanimously votes to keep rates on hold

Economy

05 December, 2018

RBI's monetary policy committee unanimously votes to keep rates on hold

India's central bank kept interest rates unchanged on Wednesday, in a decision that was widely expected as inflation has eased ......

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Explained: Why market pricing of natural gas may be good economics, bad politics

Economy

05 December, 2018

Explained: Why market pricing of natural gas may be good economics, bad politics

The central government’s think tank, Niti Aayog, is proposing to free the price of natural gas in a move aimed ......

Strong domestic demand lifts November services growth to 4-month high

Economy

05 December, 2018

Strong domestic demand lifts November services growth to 4-month high

Business activity in India’s dominant services sector expanded in November at the quickest pace in four months, lifted by a ......