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Indian factories step up output, shed jobs in November: PMI

Economy

02 December, 2019

Indian factories step up output, shed jobs in November: PMI

India’s manufacturing activity picked up in November as new orders and output rose at a faster pace, a survey showed ......

Retail inflation breaches RBI target, quickens to 4.62% in October

Economy

13 November, 2019

Retail inflation breaches RBI target, quickens to 4.62% in October

India’s retail inflation breached the central bank’s medium-term target of 4% in October for the first time in 15 months, ......

Slowing Indian economy spells tough times ahead for the rupee

Finance

07 November, 2019

Slowing Indian economy spells tough times ahead for the rupee

A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism ......

Slowdown worsens as factory growth sinks, jobless rate jumps in October

Economy

01 November, 2019

Slowdown worsens as factory growth sinks, jobless rate jumps in October

India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, ......

US Fed cuts interest rates, signals it is on hold

Economy

31 October, 2019

US Fed cuts interest rates, signals it is on hold

The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite ......

Retail inflation quickens to 3.99% in September

Economy

14 October, 2019

Retail inflation quickens to 3.99% in September

India’s retail inflation rate rose to 3.99% in September, driven by higher food prices, the government said on Monday, close ......

RBI cuts rates for fifth time in a row, slashes growth forecast

Economy

04 October, 2019

RBI cuts rates for fifth time in a row, slashes growth forecast

The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, ......

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......

US Fed cuts interest rates for second time in a row

Economy

19 September, 2019

US Fed cuts interest rates for second time in a row

The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signalled a ......

Retail inflation climbs to 10-month high in August but another rate cut likely

Economy

12 September, 2019

Retail inflation climbs to 10-month high in August but another rate cut likely

India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term target, ......