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2 mins read

Retail inflation declines to 6.83% in August on falling food prices; July IIP at 5.7%

Retail inflation declined to 6.83% in August compared to 7.44% July, mostly due to easing vegetable…

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4 mins read

As inflation continues to remain high, RBI likely to keep interest rates unchanged

The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at i…

PTI   


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6 mins read

'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …

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2 mins read

RBI set for fourth straight rate hike to quell inflation, say experts

The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps)…

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1 min read

Sensex rallies post RBI policy outcome; HDFC, HDFC Bank, Kotak Mahindra Bank, Tata Steel top gainers

The RBI's Monetary Policy Committee (MPC) maintained the repo rate, or short-term lending rate, …

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3 mins read

Recession in India will end latest by March, says a top economist

The Reserve Bank of India declared that India had gone into recession after the economy contracted …

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3 mins read

Retail inflation rises close to 6% in December on costlier kitchen staples

The RBI, which mainly factors in the CPI-based retail inflation while arriving at its bi-month…

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2 mins read

RBI is giving more money to fill the budget hole that may get bigger after the second wave of COVID-19

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine mon…

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4 mins read

Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates

As Aditi Nayar, principal economist at ICRA put it, in a conversation with Business Insider, the…

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2 mins read

India's GDP may shrink 9.5% this financial year, says ICRA

Rating agency ICRA has revised downwards its forecast of India's 2020-21 GDP contraction to 9.5 per…

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1 min read

Wholesale inflation eases to 2.26 pc in Feb on cheaper food articles, vegetables

"The considerable decline in the WPI inflation in February 2020 is in line with our forecast, led p…

PTI   


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2 mins read

Glee.S.T! January 2021 GST collection may have beat the December record

More than ₹1.2 lakh crore may have been collected in January, compared to ₹1.15 lakh crore in Decem…

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4 mins read

RBI records its largest-ever current account surplus — but that’s not necessarily a good thing

More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…

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Wholesale inflation accelerates to 10-month high of 3.1 pc in Jan on costlier onion, potato

"Higher customs duties would push up the inflation related to imports to some extent going forward…

PTI   


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Retail inflation jumps to nearly six-year high as everything from vegetables to pulses to meat and fish get expensive

The earlier high was in May 2014 when the CPI-based inflation was 8.33 per cent. The overal…

PTI   


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3 mins read

Sitharaman becomes the first Finance Minister to come clean on food subsidy⁠— a loophole that hid billions of dollars earlier

The year of 2020 has tempered expectations so much that the Finance Minister is not hiding the bad …

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4 mins read

India’s GDP has contracted five times since 1947, but never as bad as 7.3%

The Asian giant’s gross domestic product (GDP) has contracted by 7.3% in 2020-21 — and that’s the b…

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2 mins read

Retail inflation soars to over 3-year high of 5.54 pc in Nov on costlier food items

New Delhi, Dec 12 () Retail inflation spiked to a more than three-year high of 5.54 per cent in Nov…

PTI   


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3 mins read

Wholesale inflation rises to 0.58 pc in Nov with onion remaining sore point

New Delhi, Dec 16 () Wholesale inflation rose to 0.58 per cent in November mainly on account of ris…

PTI   


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Icra warns of deep recession, GDP to contract 5 pc in FY21

But with the lockdown being extended to end-May, and expectation of substantial delays in getting …

PTI