Economy

India’s forex reserves up $1.82 bn to $282.95 bnIndia’s forex reserves up $1.82 bn to $282.95 bn

India’s forex reserves up $1.82 bn to $282.95 bn

India's foreign exchange (forex) reserves gained $1.82 billion to touch $282.95 billion for the week ended Oct 25, official data…

10 years ago
Current account deficit to be around $60 bn: ChidambaramCurrent account deficit to be around $60 bn: Chidambaram

Current account deficit to be around $60 bn: Chidambaram

Finance Minister P. Chidambaram on Friday said India's current account deficit (CAD) would come down and be around $60 billion…

10 years ago
‘Hike diesel price by Rs.5 a litre’‘Hike diesel price by Rs.5 a litre’

‘Hike diesel price by Rs.5 a litre’

The Kirit Parikh Committee on fuel pricing Wednesday recommended an immediate increase in diesel price by Rs.5 a litre to…

10 years ago
RBI hikes rate to tame inflation; loans to get costlierRBI hikes rate to tame inflation; loans to get costlier

RBI hikes rate to tame inflation; loans to get costlier

The Reserve Bank of India (RBI) Tuesday hiked a key policy interest rate by 0.25 percent in less than two…

10 years ago
‘Campus hiring to slow down in 2014’‘Campus hiring to slow down in 2014’

‘Campus hiring to slow down in 2014’

There will be an overall decline in campus hiring in 2014 and fewer students are expected to get employment right…

10 years ago
Rajan points outs that development can wait, but attempts to curtail prices can’tRajan points outs that development can wait, but attempts to curtail prices can’t

Rajan points outs that development can wait, but attempts to curtail prices can’t

Rajan's comments hints that the worth of the rupee in the wallet of the citizen is more significant than corporate…

10 years ago
Home, auto loans to get costlier as RBI hikes policy rateHome, auto loans to get costlier as RBI hikes policy rate

Home, auto loans to get costlier as RBI hikes policy rate

The Reserve Bank of India (RBI) on Tuesday hiked a key policy interest rate by 0.25 percent in less than…

10 years ago
India unable to make realistic economic choices: Chinese dailyIndia unable to make realistic economic choices: Chinese daily

India unable to make realistic economic choices: Chinese daily

India's domestic issues are stopping it from making realistic economic choices, according to a leading Chinese daily.

10 years ago
RBI hikes repo rate by 0.25 percent; cuts rupee supportRBI hikes repo rate by 0.25 percent; cuts rupee support

RBI hikes repo rate by 0.25 percent; cuts rupee support

The Reserve Bank of India (RBI) on Tuesday hiked a key policy interest rate by 0.25 percent in less than…

10 years ago
New US immigration policy will hurt Indian IT: Anand SharmaNew US immigration policy will hurt Indian IT: Anand Sharma

New US immigration policy will hurt Indian IT: Anand Sharma

Commerce and Industry Minister Anand Sharma on Monday said elements in the new US legislation on immigration would undermine the…

10 years ago
RBI set to hike rates as inflation control remains priorityRBI set to hike rates as inflation control remains priority

RBI set to hike rates as inflation control remains priority

Reserve Bank of India (RBI) Governor Raghuram Rajan is likely to hike a key policy interest rate by at least…

10 years ago
India’s forex reserves up $1.88 bn to $281.12 bnIndia’s forex reserves up $1.88 bn to $281.12 bn

India’s forex reserves up $1.88 bn to $281.12 bn

India's foreign exchange (forex) reserves gained $1.88 billion to touch $281.12 billion for the week ended on Oct 18, official…

10 years ago
Be ready for US tapering: Chidambaram to officialsBe ready for US tapering: Chidambaram to officials

Be ready for US tapering: Chidambaram to officials

Finance Minister P. Chidambaram on Thursday asked Indian financial sector regulators to take concrete measures to avoid any adverse impact…

10 years ago
Rangarajan: IMF, World Bank ‘˜unduly’ pessimistic; India’s growth to surpass 5 percentRangarajan: IMF, World Bank ‘˜unduly’ pessimistic; India’s growth to surpass 5 percent

Rangarajan: IMF, World Bank ‘˜unduly’ pessimistic; India’s growth to surpass 5 percent

C. Rangarajan expressed confidence that the growth would be around 5.5 percent in the current fiscal year

10 years ago
Diwali round the corner, but malls starved of shoppersDiwali round the corner, but malls starved of shoppers

Diwali round the corner, but malls starved of shoppers

Indicating a bleak Diwali this year, malls across the country have reported a sharp decline -- as high as 35-40…

10 years ago

Economy to remain lethargic, external stability to pick up ‘“ Research

India Ratings & Research (Ind-Ra) declared that the Indian economy will grow at 4.9 percent year on year in Financial…

10 years ago

Chidambaram asks banks to go after ‘big’ loan defaulters

Finance Minister P. Chidambaram on Tuesday asked public sector banks to closely monitor big borrowers with loan amounts of over…

10 years ago

Air passenger traffic up 13 percent in September

Domestic air passenger traffic jumped by 13.4 percent in September which stood at 45.55 lakh passengers ferried, up from 40.18…

10 years ago