Tag: economy
India's May Wholesale Inflation Doubles Year-on-year To 4.43%
A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 per cent, to nearly double over the 2.26 per cent registered in May last year and higher than the 3.18 per cent recorded in April, 2018, Commerce Ministry data showed on Thursday.....
Rupee Hits Record Low Against US Dollar
Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday.....
Rupee Devalues To Record Low Near 70.20
Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning trade session on Thursday.....
Rupee Falls To Fresh Low Of 71.58 Per US Dollar
High crude oil prices and negative global cues pulled the Indian rupee to a new record low of 71.58 per US dollar on Tuesday.....
Rupee Inches Closer To 73, Hits 72.91/$
Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning. ....
India's WPI Eases To 4.53% In August
India's annual rate of inflation based on wholesale prices eased to 4.53 per cent in August from a rise of 5.09 per cent in July, official data showed here on Friday.....
G20: Modi Discusses Economy, Terrorism, Fugitive Economic Offenders
Prime Minister Narendra Modi stressed on cooperation among G20 countries on issues related to global economy, trade tensions, crude oil prices and terrorism and fugitive economic offenders, India's G20 sherpa has said.....
India's GDP Likely To Grow 7.4% This Fiscal, At 7.6% In 2019-20: UN Report
The Indian economy is expected to grow at 7.4 per cent in the current fiscal and its GDP growth will rise to 7.6 per cent in 2019-20, before tapering down to 7.4 per cent in 2020-21, according to a UN report released on Wednesday.....
Make India $5 Trillion Economy: PM To Secretaries
Prime Minister Narendra Modi on Monday asked the top bureaucrats of each government department to plan, create roadmap and take decisions to make India a $5 trillion economy while making "ease of living" their top priority.....
Inflation Turned From Volatile To Stable In 5 Years: Economic Survey
The Economic Survey 2018-19 said that India's inflation scenario transitioned from its high and volatile levels to a low and stable condition in the last five years. ....
