Indian Economy

New Delhi, Jan 19 (IANS) Petrol and diesel prices rose again by 25 paise per litre each on Tuesday after oil marketing companies decided to continue the upward price revision of auto fuels in the wake of enlarging under...

New Delhi, Jan 18 (IANS) Prime Minister Narendra Modi on Monday performed the Bhoomi Poojan of Ahmedabad Metro Project Phase 2 and Surat Metro project. He said that the Ahmedabad project worth Rs 17,000 crore is taking shape which shows...

New Delhi, Jan 17 (IANS) Bank credit to manufacturing sector has remained muted in the current financial year amid the pandemic, while few sectors, including construction and trade, have witnessed resilient flows. According to the Financial Stability Report of the...

New Delhi, Jan 16 (IANS) Reserve Bank Governor Shaktikanta Das on Saturday said that the central bank remains committed to take any further necessary measures to support the economy. Delivering the Nani Palkhivala Memorial Lecture on Saturday, Das said that...

New Delhi, Jan 12 (IANS) India’s fiscal deficit in the current financial year is likely to reach 7.4 per cent of the GDP on the back of enhanced government expenditure amid the pandemic, said the SBI Ecowrap report. The report noted...

New Delhi, Jan 8 (IANS) The increase in India's domestic steel consumption from 2QFY21 has led to higher cost which might invite a government intervention to curb prices, India Ratings and Research said on Friday. In its steel monitor report,...

Mumbai, Jan 8 (IANS) The margins for plastic film packaging companies are expected to remain healthy over the next two years, driven by the combination of a strong demand, limited capacity additions and a benign raw material price outlook,...

New Delhi, Jan 7 (IANS): Majority of the people in India and globally expect the global economy to revive and emerge stronger in 2021, according to the Ipsos Predictions 2021 Survey. An Ipsos statment showed that at least three in four...

New Delhi, Jan 7 (IANS) India's First Advance Estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia's third largest economy had grown by 4.2...

Mumbai, Jan 5 (IANS) The Reserve Bank of India has created a 'Payments Infrastructure Development Fund' to encourage acquirers to deploy 'Points of Sale' infrastructure in tier-3 to tier-6 centres and northeastern states. A PoS infrastructure can have physical or...