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Economy

US Fed keeps rates unchanged, signals cuts to fight growing economic risks

Economy

20 June, 2019

US Fed keeps rates unchanged, signals cuts to fight growing economic risks

The U.S. Federal Reserve on Wednesday signalled interest rate cuts beginning as early as July, saying it is ready to ......

India's trade deficit widens to $15.36 bn in May

Economy

14 June, 2019

India's trade deficit widens to $15.36 bn in May

India's trade deficit widened to $15.36 billion in May from a year ago, the trade ministry said in a statement ......

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

Economy

12 June, 2019

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

India's retail inflation rate picked up in May on higher food prices, but stayed below the central bank's target, potentially...

Former top adviser says India GDP growth may be overstated; govt defends

Economy

12 June, 2019

Former top adviser says India GDP growth may be overstated; govt defends

The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument...

Global economic outlook turns sour as US-China trade war drags on

Economy

07 June, 2019

Global economic outlook turns sour as US-China trade war drags on

The synchronised global economic expansion, cheered on by investors who pushed Wall Street stocks to a record high last month,...

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 ......

Union Budget to be presented on July 5

Economy

31 May, 2019

Union Budget to be presented on July 5

India will announce its full-year budget for the year ending March 2020 on July 5, India's farm minister Narendra...

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...

India's GDP growth falls to 5.8% in March quarter, slowest in four years

Economy

31 May, 2019

India's GDP growth falls to 5.8% in March quarter, slowest in four years

India's economy grew at a much-lower-than-expected 5.8% in the January-March period, its slowest pace in 17 quarters, and...

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...

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