NEW DELHI – India’s economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts predicting further deceleration as the global coronavirus outbreak stifles growth in Asia’s third-largest economy. The gross domestic product (GDP) data released on Friday showed […]
NEW DELHI – Having suffered its weakest expansion in over six years in the September quarter, India’s economy probably fared slightly better in the December quarter, before suffering a relapse due to the impact of the coronavirus globally, analysts said. Gross domestic product data due to be released […]
New Delhi, Feb 23: The Reserve Bank of India is reviewing the retail inflation targeting framework behind monetary policy decision as well as its effectiveness and also plans to hold stakeholders consultations including with the government in June, Governor Shaktikanta Das said. In a bid to keep inflation under […]
New Delhi, Feb 19: The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size of the Chinese economy, RBI Governor Shaktikanta Das has said. Only a couple of sectors in India are likely to […]
Mumbai, Feb 18: Equity benchmark indices Sensex and Nifty closed in the red for the fourth session in a row on Tuesday as the ongoing AGR issue weighed on telecom and financial stocks. After trading in the deep red for a better part of the session, the BSE gauge […]
Mumbai, Jan 6: The BSE Sensex crashed nearly 788 points, its worst session in about six months, as escalating US-Iran tensions sent crude oil prices soaring and also made investors shun equities and rush to safe haven assets. At the closing bell, the 30-share Sensex was at 40,676.63, down […]
BENGALURU – Indian stocks ended higher on Thursday, led by a surge in metals and infrastructure stocks, as hopes that the U.S. and China will sign a trade deal soon bolstered risk appetite. The Nifty ended up 0.8% at 12,282.20 on the second trading day of the year, […]
NEW DELHI – India’s infrastructure output contracted for the third consecutive month to 1.5% in November from a year earlier, data released on Tuesday showed. During April-November, output was flat from the year-ago period, according to the data. Infrastructure output, which comprises eight sectors such as coal, crude […]
New Delhi, Dec 28: The continuous contraction in India’s exports is likely to stop next year but the rate of growth will be subdued on account of the uncertain global trade situation due to rising protectionism. Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due […]
New Delhi, Dec 27: Onion literally brought tears to the eyes of consumers as retail prices touched Rs 200 per kilogram and tomato too turned pricier in the last quarter of 2019, leaving many scurrying for changes in dietary ways as costly food items pushed retail inflation to a […]
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