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Latest Articles in economy

Rupee Hits Lifetime Low, Closes At 81.62 Against US Dollar

The domestic unit opened at 81.47 against the greenback at the interbank foreign exchange and hit its weakest intraday level of 81.66. The currency traded in the range of 81.43-81.66 in Monday's session

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Why Did Rupee Hit Lifetime Low Against USD, NCP Asks Finance Minister

The rupee fell by 60 paise to an all-time low of 81.59 against the US dollar in early trade on Monday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit

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S&P Projects India's GDP Growth At 7.3% This Fiscal

Indian economic growth in 2023 will get support from domestic demand recovery after the Covid-19 pandemic, as per the report

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Govt Suffers Rs 58,521 Cr Tax Loss Due To Illicit Trading: Report

The report further estimates that unlawful trade in the five key industries results in a total estimated legitimate employment loss of 15.96 lakh

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India Is Strengthening Its Economy And Ecology: PM Modi

Prime Minister Modi asks for healthy competition as well as collaboration among the states to promote these measures

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India To Receive $1.7-4.5 Tn Gross FDI Inflow In Next 10-20 Yrs: Report

India’s economy will provide ample growth opportunities and solid returns to FDI investors in return, the report mentions

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Decoding Issues And Priorities For Indian Agriculture Sector

India is self-reliant in agriculture and exports USD 60 billion and imports USD 30 billion worth of agricultural products, Agarwal said

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In India, Women Struggle To Take Active Part In Nation's Growth Story

According to the data, around 22 to 27 million direct employment opportunities in India can be created by tapping the estimated 13.5 to 15.7 million women-owned and operated enterprises

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ADB Cuts India's GDP Growth Forecast For FY23 To 7%

The ADB said in a report that the Indian economy grew 13.5 per cent year-on-year (YoY) in the first quarter of 2022-23, Witnessing strong growth in services

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Himachal's Tourism Industry At Cusp Of Change After Covid-19: CM Thakur

The state has undertaken multiple new projects to attract tourists not only for a weekend but for longer stays too, said Thakur

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Gross Direct Tax Collection Grows 30% In 2022-23 To Rs 8.36 Lakh Cr

The advance tax collection of Rs 2,95,308 crore comprises corporation tax (CIT) at Rs 2,29,132 crore and personal income tax (PIT) at Rs 6,176 crore

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Decline In M&A Activity Led To Fall In FDI Inflows In FY22: Experts

One major reason for declining FDI across the world was the Covid-19 pandemic that had stopped many projects and investments, experts noted

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India’s Overall Exports In August At $57.47 Bn: Centre

The merchandise trade deficit in August 2022 was estimated at USD 27.98 billion as against USD 11.71 billion in August 2021, which is an increase of 138.88 per cent, it said

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Pakistan's Crisis Is Trailer Of What Could Happen To World: Ex-union Minister

One-third of Pakistan is now underwater and the lands cultivated for a long time may not become cultivatable for some time at least, Prabhu said

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Sebi Exists To Support Capital formation Of Economy: Buch

"Today, markets are evolving rapidly, and the business landscape is changing drastically, so our earnest request is for businesses to be at peace with us," she said

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