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2 mins read

The rupee's slump is driving inbound remittances to record highs — which, in turn, will help keep India's current account deficit in check

Amidst all the hue and cry, it might be easy to overlook that the rupee’s slump has also had a p…

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4 mins read

The Indian rupee is at its weakest since January 2017, and will probably keep falling

A higher current account deficit means that the government has to try and plug the g…

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3 mins read

Here's how Trump's decision to pull out of the Iran nuclear deal may affect India

In doing so, the President, a self-described expert on deals, made good on a long-standing threa…

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2 mins read

Millennials don't wish to leave parents' home, report finds why they don't feel 'grown up' until 27

One in seven (14 per cent) said they felt grown up when they got married and one in eight (12 …

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1 min read

RBI removes withdrawal limit for current accounts; banks can impose restrictions on ATM withdrawals

However, the withdrawal limit from savings accounts will continue, which can be removed soon.

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2 mins read

India is hiking import duties on an additional 15 items to keep its current account deficit in check

The measures are part of a larger plan to keep India’s current account deficit, which occur…

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1 min read

IDBI is doing all it can to help people buy houses and build startups

"We will be launching e-huts across the country. It's a concept that is widely accepted in the West…

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1 min read

CAD Dips To 1.7% In Q1 As Trade Deficit Declines

CAD narrowed $7.8 billion (1.7% of GDP) from $21.8 billion (4.8% of GDP) in the year-ago period. Th…

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7 mins read

Energy Performance: Is India Losing Out On Power Play?

India ranks 69th among 124 countries in the recently released Global Energy Architecture Performanc…

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1 min read

Greece Just Posted Its First Current Account Surplus In History

Most countries, when they need to adjust economically, see a drop in their currencies, making their…

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1 min read

Japan's Current Account Deficit Hit Its Widest Level Ever In December

Japan has been saddled with a growing trade imbalance stoked by its heavy dependence on importing p…

Agence France Presse   


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1 min read

Gold Imports Send India's Current Account Deficit To A Record High

Some analysts argue that the contribution of gold and oil imports to current account deficit is o…

Mamta Badkar   


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2 mins read

Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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3 mins read

India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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2 mins read

RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6

Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…

ANI   


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2 mins read

India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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2 mins read

Household savings are choosing mutual funds over banks to invest savings: RBI Governor

The households are choosing the capital markets over the banks to park or invest their savings, hig…

ANI   


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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI