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Economy

Moody's lifts India debt rating in boost to Modi govt

Economy

17 November, 2017

Moody's lifts India debt rating in boost to Modi govt

Moody’s Investors Service upgraded its ratings on India’s sovereign bonds for the first time in nearly 14 years on Friday, ......

Wholesale price inflation hits six-month high in October

Economy

14 November, 2017

Wholesale price inflation hits six-month high in October

India's annual wholesale price inflation picked up in October to a six-month high, driven by faster rises in prices of ......

Demonetisation: How digital payments gained currency, in eight charts

Economy

08 November, 2017

Demonetisation: How digital payments gained currency, in eight charts

Prime Minister Narendra Modi’s 8 November 2016 address to the nation announcing the ban on high-value currency notes outlined three ......

Demonetisation: One year on, how has India coped with Modi's note ban shocker?

Economy

08 November, 2017

Demonetisation: One year on, how has India coped with Modi's note ban shocker?

The political risks were enormous and the economic gamble was even more pronounced, but that did not deter Prime Minister ......

India services activity picks up pace in October on higher demand

Economy

03 November, 2017

India services activity picks up pace in October on higher demand

India’s dominant services industry activity expanded at its fastest pace in four months in October as demand continued to strengthen ......

US Fed keeps rates steady; December hike on track

Economy

02 November, 2017

US Fed keeps rates steady; December hike on track

The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor ......

India's fiscal deficit hits 91.3% of full-year target in September

Economy

31 October, 2017

India's fiscal deficit hits 91.3% of full-year target in September

India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3 percent of the budgeted target for ......

Govt likely to stick to fiscal deficit target, says adviser

Economy

17 October, 2017

Govt likely to stick to fiscal deficit target, says adviser

Many policy makers in New Delhi, including the head of a government policy think tank have suggested fiscal stimulus is ......

Wholesale price inflation eases to 2.6% in September

Economy

16 October, 2017

Wholesale price inflation eases to 2.6% in September

India's annual wholesale price inflation eased to 2.60 percent in September from the provisional 3.24 percent in the previous month, ......

Retail inflation steady in September; industrial output at nine-month high

Economy

12 October, 2017

Retail inflation steady in September; industrial output at nine-month high

India’s annual consumer price inflation remained steady in September from the previous month, but hopes of a rate cut by ......