The country's economic growth hit a decade low of 5 per cent in the last fiscal on account of poor performance in the farm, manufacturing and mining sectors.
In its first intervention in Asia since the beginning of the current financial crisis, the IMF has approved a $7.6 billion rescue fund for Pakistan that will support the country's economic stabilisation programme.
The Reserve Bank may raise key policy rates by up to 50 basis points in its July 27 monetary policy review to check double-digit inflation, said a member of the Prime Minister's Economic Advisory Council.
'Global investors expect the rupee to be more vulnerable in the downturns in the future than ever before,' notes Apoorva Javadekar.
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
Why did Pakistan sign a cease-fire without acquiring Kashmir, which was the sole purpose of the 1965 War, asks Ahmad Faruqui.
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
India's cumulative COVID-19 vaccination coverage was recorded at over 28.36 crore since January 16, according to the data from the Co-WIN portal.
The forecast is part of the macro-economic report by the RBI, which said signs of revival in the global financial conditions seen in Q1 of FY'10 are necessary, but were not sufficient to induce a firm global recovery. The central bank estimates comes a day ahead of the quarterly review of credit policy.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
Car sales went up by an 18 per cent in July 2004 for the fourth consecutive month this fiscal buoyed by Maruti, Hyundai and Tata Motors.
Higher borrowing meant widening of fiscal deficit, which is already high this year because of the stimulus packages announced by the government to prop up growth in the face of global recession. Higher expenditure than planned but lower revenue receipts than expected in the interim Budget were the reasons cited by the CMIE for increased government's borrowings.
Economists are of the opinion that interest rates are likely to remain stable or moderate this year.
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
Car sales surged by a robust 32.4 per cent in the first month of this fiscal with Maruti and Tata Motors fuelling the growth.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
Chief Justice John Roberts will administer the oath of office to Biden just after the clock strikes 12 (local time) at the West Front of the Capitol -- the traditional location -- under the unprecedented security umbrella of more than 25,000 National Guards, who have transformed the capital into a garrison city, mainly because of the threat of violent protest by Trump's supporters.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
After infusing Rs 1,85,000 crore (Rs 1850 billion) liquidity into the banking system this month, RBI on Friday surprised the market by keeping its key rates unchanged in the mid-term review of annual monetary policy, which lowered economic growth projections to 7.5-8 per cent for 2008-09.
The decision to increase the quantum of capital infusion was taken at a meeting between Finance Minister P Chidambaram, RBI Governor Raghuram Rajan and Economic Affairs Secretary Arvind Mayaram in New Delhi.
A Rs 98,000-crore deal to build a bullet train network is among a number of agreements likely to be signed during Japanese Prime Minister Shinzo Abe's three- day visit beginning Friday during which he will hold annual summit talks with his Indian counterpart Narendra Modi.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Central Statistics Office has come out with GVA to measure growth.
The Planning Commission in May 2012 had constituted the expert group under the then Prime Minister's Economic Advisory Council Chairman C Rangarajan to review the Tendulkar Committee methodology for estimating poverty, following an uproar over the number of poor in the country.
The Nikkei Markit India Manufacturing Purchasing Managers' Index increased to 50.7 in February
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
Interacting with state chief ministers, Modi underscored the enormity of what he described as the world's biggest vaccination exercise, which begins from January 16, saying over 30 crore citizens will get the jabs in the next few months in India against only 2.5 crore people vaccinated so far in over 50 countries in around a month.
Driven by addition in equity fund folios, mutual fund houses have registered a rise of over 3.5 lakh investor accounts in the first eight months of the ongoing 2014-15 fiscal.
Business houses expect rate cut in next RBI policy.
RBI will cut rates in its next policy announcement on June 2.
In the context of RBI's view that the real interest rate, defined as the repo rate less "look forward" CPI, should be around 150-200 basis points.
The RBI announced its monetary policy on Tuesday.
Sources said Rajan will make the customary call on the Finance Minister on Monday, a day before he presents the policy.
If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.
'A breakthrough in eastern Ladakh leading to disengagement and creation of a buffer zone will obviate the need of military deployment through the winter months ahead,' notes Ambassador M K Bhadrakumar.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
Tax auditors plan to down tools every Tuesday and Thursday until the government issues a decree to raise their wages.
The Reserve Bank on Monday pitched for creation of a conducive environment for investment and faster clearances of projects to boost economic growth which slowed to a decade low of 5 per cent in the previous fiscal.
Car sales surged by a robust 18.1 per cent in August 2004, for the fifth consecutive month this year as a spate of new models and easy availability of loans with low interest rates drove the industry northward.
