Economy

India’s forex reserves rise by $1.45 bnIndia’s forex reserves rise by $1.45 bn

India’s forex reserves rise by $1.45 bn

India's foreign exchange (forex) reserves rose by $1.45 billion to $283.57 billion for the week ended Nov 15, helped by…

10 years ago
Manufacturing share in India’s GDP at lowest in 10 years: reportManufacturing share in India’s GDP at lowest in 10 years: report

Manufacturing share in India’s GDP at lowest in 10 years: report

Share of manufacturing in India's gross domestic product (GDP) has declined to 15.1 percent this year, the lowest level in…

10 years ago
‘Inclusive growth not possible without inclusive governance’‘Inclusive growth not possible without inclusive governance’

‘Inclusive growth not possible without inclusive governance’

The biggest challenge before the Indian economy was ensuring inclusive growth but it cannot be attained without inclusive governance, President…

10 years ago
RBI raises concern over banks’ bad loan, asset qualityRBI raises concern over banks’ bad loan, asset quality

RBI raises concern over banks’ bad loan, asset quality

The Reserve Bank of India (RBI) on Thursday voiced concern over the rising non-performing assets or bad loans of banks…

10 years ago
PM calls for global cooperation of anti-monopoly regulatorsPM calls for global cooperation of anti-monopoly regulators

PM calls for global cooperation of anti-monopoly regulators

Prime Minister Manmohan Singh on Thursday called for greater global cooperation among anti-monopoly regulators, particularly of the BRICS nations, in…

10 years ago
India taking steps to give greater confidence to investors: ChidambaramIndia taking steps to give greater confidence to investors: Chidambaram

India taking steps to give greater confidence to investors: Chidambaram

Finance Minister P. Chidambaram on Thursday made a strong pitch for investments from the diaspora saying the government was taking…

10 years ago
Diesel prices to be deregulated in six months ‘“ M Veerappa MoilyDiesel prices to be deregulated in six months ‘“ M Veerappa Moily

Diesel prices to be deregulated in six months ‘“ M Veerappa Moily

Oil Minister M Veerappa Moily said on Wednesday that diesel prices will be deregulated in six months with slow price…

10 years ago
European Parliament approves seven-year EU budgetEuropean Parliament approves seven-year EU budget

European Parliament approves seven-year EU budget

The European Parliament Tuesday formally approved a seven-year budget for the European Union (EU), paving the way for financial aid…

10 years ago
Kerala shuts down, suffers Rs.900 crore lossKerala shuts down, suffers Rs.900 crore loss

Kerala shuts down, suffers Rs.900 crore loss

A dawn-to-dusk state-wide shutdown, called by the Left opposition to protest an order on implementation of the Kasturirangan panel report…

10 years ago
India’s forex reserves rise by $819.5 millionIndia’s forex reserves rise by $819.5 million

India’s forex reserves rise by $819.5 million

India's foreign exchange (forex) reserves rose by $819.5 million to $282.11 billion for the week ended on Nov 8, helped…

10 years ago
Cameron calls for progress on EU-India Free Trade AgreementCameron calls for progress on EU-India Free Trade Agreement

Cameron calls for progress on EU-India Free Trade Agreement

Britain Thursday hoped that India would continue to open up its economy and get rid of protectionist barriers, and called…

10 years ago
Inflation soars to eight-month high of 7 percentInflation soars to eight-month high of 7 percent

Inflation soars to eight-month high of 7 percent

India's headline inflation based on wholesale prices jumped to 7 percent in October, the highest level in eight months, due…

10 years ago
Consumer price-based inflation up 10.09 percent in OctoberConsumer price-based inflation up 10.09 percent in October

Consumer price-based inflation up 10.09 percent in October

Driven by high food prices, the consumer price-based inflation (CPI) rose to 10.09 percent in October from 9.84 percent in…

10 years ago
Karnataka farmers seek sugarcane price hikeKarnataka farmers seek sugarcane price hike

Karnataka farmers seek sugarcane price hike

Thousands of sugarcane farmers in Karnataka Sunday sought a hike in the minimum support price (MSP) of their crop, rejecting…

10 years ago
S&P warns of India’s ratings downgrade post-2014 electionS&P warns of India’s ratings downgrade post-2014 election

S&P warns of India’s ratings downgrade post-2014 election

Global ratings agency Standard & Poor's (S&P) on Thursday maintained 'œnegative' outlook on India's sovereign ratings and warned of a…

10 years ago

SBI hikes lending rates by 0.20 percent

The country's largest lender State Bank of India (SBI) on Wednesday said it has decided to raise lending rates by…

10 years ago

Eurozone economy projected to grow 1.1 pc in 2014

The Eurozone economy's gross domestic product (GDP) will grow 1.1 percent in 2014 and 1.7 percent in 2015, with imbalances…

10 years ago

US federal government to borrow $531 bn in six months

The US treasury department on Monday announced that the federal government would borrow $531 billion from the market to fund…

10 years ago