May 13, 2022 08:40 AM ISTThe higher-than-expected inflation is likely to result in another hike in the policy rate at the MPC’s next meeting on 6th-8th June
May 13, 2022 08:36 AM IST Until employment and growth catch up with the rising costs of vehicle ownership, demand from rural and lower-income households would continue to remain muted, affecting demand for two wheelers, 3-wheelers and low end passenger vehicles.
May 13, 2022 06:32 AM IST This is the city's highest-ever GST collection for April, they said.
May 12, 2022 08:28 PM IST The central bank's rate-setting panel announced a surprise 40-basis-point repo rate hike on May 4 in anticipation of a high inflation number for April. But the figure has exceeded economists' expectations.
May 12, 2022 07:45 PM IST The ministry's comments come days after Reserve Bank of India Governor Shaktikanta Das said sustained high inflation has "pronounced adverse effects on the poorer segments of the population by eroding their purchasing power".
May 12, 2022 05:41 PM IST In FY22, industrial output grew by 11.3 percent as against a contraction of 8.4 percent in FY21.
May 12, 2022 05:37 PM IST The CPI inflation print for April is above the consensus, with a Moneycontrol poll showing economists saw inflation rising to 7.5 percent
May 12, 2022 12:59 PM IST The economy grew 0.8 percent in the January-March period compared with expansion of 1.3 percent in the fourth quarter of last year, the Office for National Statistics said in a statement.
May 12, 2022 12:35 PM IST Nathan Sheets talks about macro fears and their impact on the US Federal Reserve policy and the markets
May 12, 2022 12:13 PM IST Union Agriculture Minister Narendra Singh Tomar, who was in Israel on a four-day official visit from May 8, met his Israeli counterpart Oded Forer at the Knesset (Israel's Parliament) on Wednesday.
May 12, 2022 10:54 AM IST The RBI's repo rate hike on May 4 caught everyone by surprise. But the central bank had started talks about convening its rate-setting panel right after its April 8 meeting
May 12, 2022 10:02 AM IST The RBI has used its 'formidable' foreign exchange reserves to prevent the rupee from weakening sharply in recent days. However, mounting a defence against what a person aware of developments called 'a global tide' is seen as being futile
May 12, 2022 07:27 AM IST To clean up dirty sectors such as cement, big emerging nations are going to need money and innovative technology from Western multinationals.
May 12, 2022 07:12 AM IST The MPC, headed by the RBI Governor, is scheduled to meet between June 6 and June 8. It has been mandated to keep retail inflation in the range of 2-6 per cent.
May 11, 2022 08:01 PM IST The Indian central bank welcomes monetary policy accountability but is cautious of what taking remedial measures to return inflation rapidly to acceptable levels would entail, according to a person familiar with developments.
May 11, 2022 06:58 PM IST At present, Tamil Nadu’s share on the export front stood at $ 26 billion and this should be increased to $ 100 billion by 2030, M K Stalin said after presenting the FIEO Southern Region Export Excellence Awards.
May 11, 2022 06:12 PM IST The annual increase peaked in March at 8.5 percent, but prices continued to rise last month for a range of goods, including housing, food, airline fares and new vehicles, the Labor Department reported.
May 11, 2022 05:48 PM IST Gross domestic product growth will be 7.6% for fiscal 2023 and 6.7% for fiscal 2024, 30 basis points lower than the previous estimates, the brokerage said in a note dated Tuesday.
May 11, 2022 02:21 PM IST India's central bank increased a key interest rate on May 4, eight days ahead of the release of April's retail inflation data. What will the number look like?
May 11, 2022 01:52 PM IST The Index for India reaffirms the "positive outlook" of the Indian consumers as 77 per cent expect positive changes in the financial situation, in the next one year.
May 11, 2022 12:23 PM IST The decision was taken after a request from the coal ministry which pointed to "huge pressure on domestic coal supply in the country," the ministry said in a memo dated May 7, adding that the "special dispensation" will be valid for six months.
May 11, 2022 09:14 AM IST Wheat flour’s all-India average retail price stood at Rs 32.78 per kg on Saturday, 9.15 per cent higher than the price (Rs 30.03 per kg) a year ago, according to data reported by the state civil supplies departments to the Union Ministry of Consumer Affairs, Food and Public Distribution.
May 11, 2022 07:43 AM IST This time though, analysts expect it to mount a more limited defense, aimed at fending off the worst of speculative attacks rather than holding down a line in the sand when capital flows are shifting globally with the Fed set to hike throughout the year.
May 11, 2022 06:42 AM IST Indian utilities are scrambling to get hold of coal supplies to cope with record high power demand, but Indian Railways' inability to supply enough trains makes it difficult to boost coal stocks, which are at their lowest levels in years.
May 11, 2022 06:39 AM IST April is the first month of the fiscal year. India, the world's second biggest wheat producer, exported a record 7 million tonnes of the grain in fiscal 2021-22.
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