Economy

Inflation soars to 6.1 percent on high food prices

India's wholesale price based inflation rose to 6.1 percent in August, the sharpest pace in six months, driven by more…

10 years ago

Onion prices soar during festival season

Onion prices, already on a sharp upward spiral, are expected to rise further following a substantial decline in crop arrivals…

10 years ago

Gold prices return to Rs. 30,000 mark owing to heavy buying; silver shoots up.

On account of acute global instability, gold bounced back after a four-day crash on the domestic bullion market owing to…

10 years ago

Concerned over slow growth, but no reason to worry: President

Expressing concern over the slow growth of the Indian economy, President Pranab Mukherjee on Saturday called for corrective measures, but…

10 years ago

India’s forex reserves down $685 mn

India's foreign exchange (forex) reserves decreased by $685.1 million to $274.80 billion for the week ended Sep 6, according to…

10 years ago

Increasing urbanization will impact infrastructure: PM

Prime Minister Manmohan Singh today said that urbanization was going to increase in the country and this would put more…

10 years ago

New trend in India: the rising fuel prices.

Analysts feel that this trend of rising fuel prices will keep continuing till domestic fuel rates are at par with…

10 years ago

Inflation may fall to 5.5 percent by March 2014: PM panel

India's wholesale price based inflation is estimated to decline to 5.5 percent by the end of the current financial year…

10 years ago

PM panel lowers growth forecast to 5.3 percent

Prime Minister Manmohan Singh's economic advisory panel sharply lowered its forecast for India's economic growth in the current financial year…

10 years ago

India’s Industrial output grows 2.6 percent

India's industrial output rose by 2.6 percent in July, against a deceleration of 0.1 percent in the corresponding month of…

10 years ago

Mitigating current deficit woes, gold imports fall by 95% in August.

India's gold imports slipped by 95 percent in August, just 2.5 tonne from month before, slackening pressure on policymakers as…

10 years ago

Rupee hits two-week high as exports rise and Syria concern alleviates

The ebbing concerns about Syria helped the Indian currency tread on the path of recovery and on Tuesday it rose…

10 years ago

Sensex jumps 550 points; rupee at two-week high

Key indices of Indian stock markets surged by almost three percent and the rupee showed strong recovery as concerns over…

10 years ago

Five steps India must take to restore global confidence

The recent Global Competitiveness Report 2013-14, ranking India at No. 60, leaves no doubt that these are exceptionally dire times…

10 years ago

Fundamentals of our economy strong: President

The fundamentals of our economy remain strong though growth has slowed down in recent times, President Pranab Mukherjee said on…

10 years ago

Recent actions will stabilise rupee: Manmohan Singh

Prime Minister Manmohan Singh on Saturday said some recent actions such as the $50 billion currency swap pact with Japan…

10 years ago

Inessential imports will be curbed: Chidambaram

Finance Minister P. Chidambaram on Saturday said the government will soon take 'œhard decisions' to curb imports of inessential goods…

10 years ago

Rural tourism can help slowing economy: Experts

Villages need to be upgraded urgently to boost rural and farm tourism which, in turn, will help a great deal…

10 years ago