Economy News

India and US could come closer and cement their ties for enhanced trade and economic cooperation: Aileen Nandi

India and US would accelerate their trade in defence, agriculture, goods & services of multiple dimensions inc...

India Infoline News Service | Mumbai 13:54 IST | September 13, 2019

India's August CPI inches up 3.21% yoy; July IIP up 4.3% yoy

The country's retail inflation climbed up to a 10-month high, but remains below the RBI target of 4%....

India Infoline News Service | Mumbai 08:36 IST | September 13, 2019

FPI flows to remain under pressure despite surcharge rollback, benign global monetary policy stance: Ind-Ra

A gamut of factors, such as slower-than-expected demand growth in major economies, geopolitical and trade tensions...

India Infoline News Service | Mumbai 15:51 IST | September 04, 2019

India Services PMI fell to 52.4 in August; Rates of inflation remain historically weak

At 52.6 in August, the Composite PMI Output Index posted in expansion territory for the eighteenth month in a row....

India Infoline News Service | Mumbai 10:52 IST | September 04, 2019

GST collection rises to Rs98,202cr in August

The total revenue earned by the Central Government and the State Governments after regular settlement in August 20...

India Infoline News Service | Mumbai 13:57 IST | September 03, 2019

Indias eight core sector output slips to 2.1% in July

The combined Index of Eight Core Industries stood at 131.9 in July 2019, which was 2.1% higher as compared to the ...

India Infoline News Service | Mumbai 12:46 IST | September 03, 2019

India's Nikkei Manufacturing PMI slips to 15-month low in August

At 51.4 in August, the seasonally adjusted IHS Markit India Manufacturing PMI signalled a further improvement in t...

India Infoline News Service | Mumbai 08:17 IST | September 03, 2019

Fin Mins announcement to kick-start economic growth; positively impact investment cycle: Dr. Niranjan Hiranandani

Globally, real estate and infrastructure growth have proved to be drivers of economic growth as also job creation,...

India Infoline News Service | Mumbai 19:03 IST | August 30, 2019

India's April-July fiscal deficit at 77.8% of FY20 target

The revenue gap during April-July has been pegged at Rs4.57 lakh cr vs. Rs4.42 lakh cr yoy....

India Infoline News Service | Mumbai 16:40 IST | August 30, 2019

Relaxed FDI norms - Demand visibility necessary to attract meaningful flows: Ind-Ra

Ind-Ra believes a broad-based economic recovery will be critical for attracting FDI flows over the medium-to-long ...

India Infoline News Service | Mumbai 16:35 IST | August 30, 2019

FM Nirmala Sitharaman Press Conference LIVE: 2nd instalment of revival measures focus on banking sector

FM Nirmala Sitharaman is addressing the press to give updates on the second instalment of revival measures amid th...

India Infoline News Service | Mumbai 16:06 IST | August 30, 2019

RBI contingency fund down by Rs1.96 lakh cr in FY19: RBI Annual Report

In terms of the number of frauds, share of public sector banks is 55.4%, private banks 30.7% share, and foreign ba...

India Infoline News Service | Mumbai 08:04 IST | August 30, 2019

Govt relaxes FDI norms for multiple sectors to fight slowdown, boost growth

FDI norms have been relaxed with respect to coal mining, digital media, and domestic sourcing in single-brand reta...

India Infoline News Service | Mumbai 08:26 IST | August 29, 2019

Domestic & Global headwinds to drag FY20 GDP growth to six-year low: Ind-Ra

Due to delayed and uneven monsoon, Ind-Ra expects agricultural gross value added (GVA) to grow at 2.1% in FY20, lo...

India Infoline News Service | Mumbai 16:22 IST | August 28, 2019

Dissecting RBI's surplus transfer to the government

Many were of the view that the transfer by the RBI to the Centre would set a precedent and as such can be viewed a...

India Infoline News Service | Mumbai 15:31 IST | August 28, 2019

Latest SEBI amendment coupled with govt. incentives augers well for Municipal bond issuance: ICRA

The key amendments include expansion in the scope of regulations to other entities involved in municipal functions...

India Infoline News Service | Mumbai 09:13 IST | August 27, 2019

RBI's record Rs1.76 lakh cr surplus transfer to govt makes room for more stimulus

The RBI made the decision to transfer the surplus on recommendations of the Jalan Committee....

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