Economy News

India's September exports dip 6.57% yoy; imports contract 13.85% yoy

Oil imports fell 18.33% yoy to $8.98bn in September....

India Infoline News Service | Mumbai 08:20 IST | October 16, 2019

IMF cuts India's FY20 GDP growth forecast by 90 bps to 6.1%

IMF has also lowered India's FY21 GDP growth forecast by 20 bps to 7.2%...

India Infoline News Service | Mumbai 08:18 IST | October 16, 2019

September CPI rises to 3.99% yoy

The CPI food inflation rate rose to 5.11% yoy in September from 2.99% yoy in August....

India Infoline News Service | Mumbai 08:27 IST | October 15, 2019

Economic slowdown weigh on toll revenue growth while HAM projects make steady progress: India Ratings

The weakening of financing sentiments and a sharp rise in land acquisition costs exert stress on the central budge...

India Infoline News Service | Mumbai 16:30 IST | October 14, 2019

India's WPI inflation at 0.33% in September

The rate of inflation based on WPI Food Index consisting of Food Articles from Primary Articles group and Food Pro...

India Infoline News Service | Mumbai 12:07 IST | October 14, 2019

Moodys pegs GDP growth at 5.8% - time now for reality check?

In the October monetary policy announcement, RBI cut Indias GDP estimates for FY20 from 6.9% to 6.1%....

India Infoline News Service | Mumbai 10:18 IST | October 14, 2019

India's Industrial output falls to -1.1% in August

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August...

India Infoline News Service | Mumbai 17:34 IST | October 11, 2019

Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%

"We forecast real GDP growth to decline to 5.8 per cent, in the fiscal year ending in March 2020, from 6.8% in fis...

India Infoline News Service | Mumbai 16:12 IST | October 10, 2019

India would achieve 1,75,000 MW target on time: Secretary, MNRE

The Ministry has worked systematically to resolve various issues that arise from time to time, putting in place fa...

India Infoline News Service | Mumbai

Cabinet hikes dearness allowance by 5%, brings cheer to employees, pensioners

The move raises dearness allowance to 17% from 12%, and is likely to benefit 50 lakh government employees and 62 l...

India Infoline News Service | Mumbai 14:56 IST | October 09, 2019

Fourth Bi-monthly Monetary Policy Statement, 2019-20 by Shaktikanta Das

The RBI reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 5.15% fro...

India Infoline News Service | Mumbai 12:15 IST | October 04, 2019

India's service sector sentiment dips to 31-month low

At 48.7 in September, the IHS Markit India Services Business Activity Index posted inside contraction territory fo...

India Infoline News Service | Mumbai 10:41 IST | October 04, 2019

September GST collection at Rs91,916cr

The government has settled Rs21,131cr to CGST and Rs15,121cr to SGST from IGST as regular settlement....

India Infoline News Service | Mumbai 16:58 IST | October 01, 2019

India's September Nikkei Manufacturing PMI unchanged at 51.4

Consumer goods producers saw a strong improvement in operating conditions during the quarter, with a modest streng...

India Infoline News Service | Mumbai 10:43 IST | October 01, 2019

India's Current Account Deficit narrows to 2% of GDP: RBI

The CAD contracted on a yoy basis, primarily on account of higher invisible receipts at US$ 31.9 bn as compared wi...

India Infoline News Service | Mumbai 08:13 IST | October 01, 2019

Eight core industries growth in August at 2.4%

Crude Oil production declined by 5.4% in August 2019 over August 2018....

India Infoline News Service | Mumbai 17:15 IST | September 30, 2019

Govt imposes stock limit on traders, bans export of onions

The stock limit of 100 quintal on retail traders and 500 quintals on wholesale traders has been imposed across the...

India Infoline News Service | Mumbai 09:52 IST | September 30, 2019

Benefit of Corporate tax rate cut for India Inc. to boost incremental investments: ICRA

Tax contribution has been skewed towards few key sectors and high effective tax rates have resulted in certain sec...

India Infoline News Service | Mumbai 16:55 IST | September 27, 2019