Economy

Delayed monsoon raises concerns over rural consumption demand in India

Economy

01 July, 2019

Delayed monsoon raises concerns over rural consumption demand in India

India had its driest June in five years due to a delay in monsoon rains, the weather department said late ......

Economy

01 July, 2019

Govt considers granting RBI more powers to regulate NBFCs

The Indian government is considering giving more powers to the central bank to regulate the struggling shadow banking sector,...

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Economy

01 July, 2019

Two years of GST: Will Modi govt now expand the tax regime's scope?

India marks the second anniversary of the implementation of the Goods and Services Tax (GST) on Monday, with the government ......

Economy

28 June, 2019

India's fiscal deficit hits half of budgeted target in first two months of FY20

India's fiscal deficit in May stood at 3.66 trillion rupees ($53.04 billion), or 52% of the budgeted target for the ......

Economy

27 June, 2019

India's tariff hike unacceptable, must be withdrawn: Trump

U.S. President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling...

Economy

21 June, 2019

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

India's government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials...

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 ......

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 ......

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...

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...

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