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RBI cuts repo rate to 5.75%; changes policy stance to 'accommodative'

Economy

06 June, 2019

RBI cuts repo rate to 5.75%; changes policy stance to 'accommodative'

The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while ......

Modi faces job creation challenge as unemployment rate rises to 6.1%

Economy

31 May, 2019

Modi faces job creation challenge as unemployment rate rises to 6.1%

India's unemployment rate rose to 6.1% in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge ......

Infra output up 2.6% in April; fiscal deficit at 22.3% of budgeted target

Economy

31 May, 2019

Infra output up 2.6% in April; fiscal deficit at 22.3% of budgeted target

India's infrastructure output grew 2.6% in April from a year earlier, government data showed on Friday. Infrastructure output, which comprises eight ......

Elections dent India's service sector growth to seven-month low in April

Economy

06 May, 2019

Elections dent India's service sector growth to seven-month low in April

India’s services sector expanded at its slowest pace in seven months in April as some businesses postponed decisions and expansion ......

India's unemployment rate jumps to 7.6% in April

Economy

02 May, 2019

India's unemployment rate jumps to 7.6% in April

India's unemployment rate in April accelerated to 7.6 percent, the highest since October 2016, and up from 6.71 percent in ......

India's infra output grows 4.7% in March

Economy

30 April, 2019

India's infra output grows 4.7% in March

India's infrastructure output grew 4.7 percent in March from a year earlier, government data showed on Tuesday. For the 2018/19 financial ......

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Early results suggest corporate India's earnings are in the slow lane

Finance

29 April, 2019

Early results suggest corporate India's earnings are in the slow lane

Corporate India’s revenue and profit growth appear to have lost steam in the financial year 2018-19, according to a VCCircle ......

Indians face post-election shock as oil retailers hold price hike while crude boils

General

26 April, 2019

Indians face post-election shock as oil retailers hold price hike while crude boils

Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under ......

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How an oil shock could hurt PE-VC investors and the Indian economy

Economy

23 April, 2019

How an oil shock could hurt PE-VC investors and the Indian economy

India will be engulfed by two heatwaves next month. For starters, the height of summer will be upon us. As ......

WPI inflation rises to 3.18% in March

Economy

15 April, 2019

WPI inflation rises to 3.18% in March

India's annual wholesale price inflation in March accelerated to 3.18 percent, its highest in three months, government data showed on ......