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WPI Inflation Eases To 13.93% In July

WPI Inflation Eases To 13.93% In July

The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May

16 August 2022
PM Modi Lauds Kids Who Say No To Foreign Toys, Says 'Aatmanirbhar Bharat' Runs Through Their Veins

PM Modi Lauds Kids Who Say No To Foreign Toys, Says 'Aatmanirbhar Bharat' Runs Through Their Veins

Prime Minister Narendra Modi had pitched for improving the country’s standing in what he called ‘Toyconomy’ or the economic aspects of the toys and...

15 August 2022

Industrial Production Grows 12.3% In June

As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 12.5 per cent in June 2022

Foreign Exchange Reserves Falls $897 Million To $572.978 Billion

Foreign Exchange Reserves Falls $897 Million To $572.978 Billion

In the previous week ended July 29, the reserves had risen $2.315 billion to $573.875 billion

12 August 2022

Retail Inflation Eases To 6.71% In July As Food Prices Soften

In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021

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08 August 2022
Reckitt Contributed Rs 7,880 Crore To India’s GDP In 2021: Oxford Economics

Reckitt Contributed Rs 7,880 Crore To India’s GDP In 2021: Oxford Economics

The key social impact programs by the company in India include Dettol Banega Swasth India Campaign, Dettol School Hygiene Education Program, Reach Each Child...


07 August 2022
China’s Export Growth Continues To Rise

China’s Export Growth Continues To Rise

China's total trade surplus reached an all-time high of $101.3 billion in July, breaking the record set in June.


05 August 2022
Explainer: How Do We Know When A Recession Has Begun?

Explainer: How Do We Know When A Recession Has Begun?

Six months of contraction is a long-held informal definition of a recession. Yet nothing is simple in the post-pandemic economy


03 August 2022
India's Services Sector Growth Falls To Four-month Low In July

India's Services Sector Growth Falls To Four-month Low In July

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in...


02 August 2022
India's Exports Dips Marginally To $35.24 Billion In July

India's Exports Dips Marginally To $35.24 Billion In July

As per the data, the gold imports almost halved to $2.37 billion in July compared to $4.2 billion a year ago


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02 August 2022
Govt Adopting Targeted Approach To Tame Inflation: Nirmala Sitharaman

Govt Adopting Targeted Approach To Tame Inflation: Nirmala Sitharaman

Indian economy compared to the situation prevailing in peer-group nations and even developed countries is definitely "much better", she said


27 July 2022
Sri Lankans Continue To Flee Crisis-Hit Nation, 6 More Reach Tamil Nadu

Sri Lankans Continue To Flee Crisis-Hit Nation, 6 More Reach Tamil Nadu

Sri Lanka Crisis: Scores of Lankans, mostly Tamils, have entered India through Tamil Nadu in recent months as they were unable to survive the crisis that has...


24 July 2022
Enabling A Humane Transition

Enabling A Humane Transition

As renewable capacity starts to ramp-up and coal mines start to reduce their production and taper off, the local economy would be left stranded. It is...


21 July 2022
Indian Economy To Grow 7-8% In Next Couple Of Decades: Panagariya

Indian Economy To Grow 7-8% In Next Couple Of Decades: Panagariya

Speaking at an event organised by Columbia Global Centre, he noted that the country's economy grew 7.4 per cent  between 2014-15 to 2019-20


18 July 2022
Best Gold IRA Investment Companies [Recently Updated]: Which is Best For You?

Best Gold IRA Investment Companies [Recently Updated]: Which is Best For You?

Gold IRAs cater to investors who want to diversify their wealth as they save for retirement. Precious metals like silver and gold, platinum and palladium are...


18 July 2022
PM Modi Urges For A Productive Monsoon Session As Govt Lines Up 32 Bills In Parliament

PM Modi Urges For A Productive Monsoon Session As Govt Lines Up 32 Bills In Parliament

Speaking with reporters, PM Narendra Modi said Parliament functions and takes best decisions with everyone's 'prayaas' (efforts) and urged parliamentarians to...


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17 July 2022
Front-loading Monetary Policy Action Can Anchor Inflation Expectations: RBI Paper

Front-loading Monetary Policy Action Can Anchor Inflation Expectations: RBI Paper

The paper has been authored by three RBI analysts, including Deputy Governor Michael Debabrata Patra who is a member of the rating setting panel Monetary...


17 July 2022
Rupee Fall Fuels Inflation, But Makes Exports Competitive: Experts

Rupee Fall Fuels Inflation, But Makes Exports Competitive: Experts

The Indian rupee has been depreciating against the USD dollar and is nearing the psychologically key mark of 80, making imports expensive


17 July 2022
Need To Manage Subsidies In Targeted Manner To Contain Fiscal Deficit: Govt Sources

Need To Manage Subsidies In Targeted Manner To Contain Fiscal Deficit: Govt Sources

The government had on May 23 cut excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 a litre to cool record high inflation, thereby sacrificing...


16 July 2022
Bundelkhand Expressway Will Add New Dimension To UP's Economy: CM

Bundelkhand Expressway Will Add New Dimension To UP's Economy: CM

Addressing a gathering on the occasion of the inauguration, Adityanath said, "This (Bundelkhand Expressway) will add a new dimension to the economy of...


16 July 2022
Rahul Gandhi Targets PM Modi, Says Time For Immediate Economic Reforms

Rahul Gandhi Targets PM Modi, Says Time For Immediate Economic Reforms

Congress leader Rahul Gandhi said in the coming days, the people of India will have to pay for having a ‘directionless government’ and the rupee being in...


15 July 2022
Why Are Global Rating Agencies Downgrading India’s GDP Growth Forecast?

Why Are Global Rating Agencies Downgrading India’s GDP Growth Forecast?

Concern regarding India’s inflation seems to be a major reason behind ratings agencies being forced to downgrade India’s GDP forecast


15 July 2022
A Note On Sri Lanka’s Economic Crisis And The Ills Of Economic Populism

A Note On Sri Lanka’s Economic Crisis And The Ills Of Economic Populism

Despite being one of the oldest liberalized economies in South Asia, Sri Lanka’s simmering political crisis is rooted in an economic crisis. Rebuilding the...


14 July 2022
IMF Says Pakistan At ‘Challenging Economic Juncture’, Signs Agreement For USD 1.17 Billion Loan Release

IMF Says Pakistan At ‘Challenging Economic Juncture’, Signs Agreement For USD 1.17 Billion Loan Release

IMF said a team led by its Mission Chief to Pakistan Nathan Porter finalised the discussions with the later and that it had also agreed to consider extending...


13 July 2022
US And Its Allies Aim To Cap Russian Oil Prices In Order To Starve Russia's War Economy

US And Its Allies Aim To Cap Russian Oil Prices In Order To Starve Russia's War Economy

US and its allies aim to debilitate the Russian charge by imposing further sanctions, which could prevent the Oil prices from soaring and curbing future...


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