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Latest Articles in economy

Shah Takes Dig At Congress For Questioning Modi Govt Over Unemployment, Economy

"The NDA government has a goal to make India a USD 5 trillion economy which was achievable in the past too. Youth with their entrepreneurship skills may play a big role in achieving this aim," he added.

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China's U.S. Crude Buying Binge To Set Off Global Sweet Oil Shake-Up

China's pledge to buy at least $52.4 billion worth of U.S. energy products over the next two years can only be met through substantial increases in crude imports from the United States.

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Gold Holds Ground Amid Worries Over Sino-U.S. Trade Deal

Spot gold was little changed at $1,555.74 per ounce by 0325 GMT. U.S. gold futures rose 0.2% to $1,556.20.

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India's Exports In December 2019 Declined By 1.80% To $27.36 Billion

The non-petroleum and non gems and jewellery exports in December 2019 were USD 21.05 billion as compared to USD 21.16 billion in December 2018.

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Tata Elxsi Reports 9.7% Revenue Growth In Q3 Q-O-Q

The transportation vertical grew by 10.4 per cent quarter-on-quarter while healthcare grew faster at 40.6 per cent.

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India telecoms regulator TRAI defends new tariff rules after broadcasters' criticism

"We have not curbed anybody's freedom to price the channels. So I don't know how people can say that we have strangulated them or we have not given freedom," R S Sharma chairman.

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RBI Buys Net USD 6.93 Billion In Currency Market In November

Foreign investors had bought a net USD 3.54 billion worth of equities and sold 319.48 million worth of bonds during the period.

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Rupee Rises 12 Paise Against US Dollar In Early Trade

Traders said the appreciation in the rupee was largely on the back of positive global cues.

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Walmart Sacks Around 50 Executives In India Restructuring

Walmart has around 600 staff in its India head office out of a total of around 5,300 nationally.

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Indian Government To Seek RBI Dividend Boost As Revenue Drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government.

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PM Modi Meets Top Economists Ahead Of Union Budget

"The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov," Modi tweeted.

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Inflation Probably Breached RBI Target In December

India’s annual consumer inflation rose to 6.20 per cent in December from November’s 5.54 per cent.

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Softbank In Talks To Sell Stake In Indian Renewable Energy Venture: Report

SoftBank is facing renewed investor scrutiny after it was forced to bail out one of its best known portfolio companies.

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India Needs 6.3 Pc Labour Productivity Growth To Attain 8 Pc Hike In GDP: Ind-Ra

India will have to raise its labour productivity growth to 6.3 per cent to achieve 8 per cent GDP growth.

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Rupee Strengthens 22 Paise As US, Iran Seek To Defuse Crisis

At the interbank foreign exchange market, the rupee opened strong at 71.44 against the greenback.

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