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Factory activity picks up in December but business optimism weakens

Manufacturing

02 January, 2020

Factory activity picks up in December but business optimism weakens

India’s factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted ......

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Flashback 2019: The year when the economy took a hard right turn towards turmoil

Economy

23 December, 2019

Flashback 2019: The year when the economy took a hard right turn towards turmoil

Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......

How pricey food items limit scope for RBI to make more rate cuts

Finance

20 December, 2019

How pricey food items limit scope for RBI to make more rate cuts

India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting...

Govt may cut capital gains tax, personal income tax rates in budget

Finance

17 December, 2019

Govt may cut capital gains tax, personal income tax rates in budget

The government is likely to trim personal income tax rates and cut the tax on long-term capital gains from equity ......

RBI governor reiterates there is more scope to cut rates

Finance

16 December, 2019

RBI governor reiterates there is more scope to cut rates

There is scope in India for cutting interest rates further and the central bank will use it when required after ......

India's economic worries mount as inflation quickens, industrial output shrinks

Finance

12 December, 2019

India's economic worries mount as inflation quickens, industrial output shrinks

India's retail inflation accelerated to 5.54% in November due to high food prices, government data showed on Thursday....

US Fed keeps rates on hold, hints at no changes through 2020

Finance

12 December, 2019

US Fed keeps rates on hold, hints at no changes through 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with...

ADB slashes India's growth forecast for this year and next

Finance

11 December, 2019

ADB slashes India's growth forecast for this year and next

The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for developing Asia this year and ......

India's electricity demand falls for fourth month in a row

Infrastructure

10 December, 2019

India's electricity demand falls for fourth month in a row

India's power demand fell 4.3% in November from a year ago, representing the fourth straight month of decline, government...

RBI keeps rates on hold in surprise move, slashes GDP forecast

Economy

05 December, 2019

RBI keeps rates on hold in surprise move, slashes GDP forecast

The Reserve Bank of India kept its key lending rate on hold in a surprise decision on Thursday, despite a ......

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