Economy News

GoI - Fully serviced bond issuances support growth in corporate bonds issuances: ICRA

The purpose of these borrowings has been to meet the expenditure towards various schemes of Government of India (G...

India Infoline News Service | Mumbai 08:10 IST | April 18, 2019

India's March trade deficit at $10.89bn amid robust exports

Oil imports rose 5.55% to $11.75bn, driven by a rise in domestic demand and higher crude prices in global markets....

India Infoline News Service | Mumbai 10:38 IST | April 16, 2019

WPI Inflation rises 3.18% in March; Food article prices up 5.68%

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 12:13 IST | April 15, 2019

CPI inflation rises 2.86% on higher food prices

Notably, core CPI inflation eased to 5.02% in March 2019....

India Infoline News Service | Mumbai 19:09 IST | April 12, 2019

Risks to Inflation in 2019: Looking ahead

Indias average headline inflation has been growing below 5% since 2017, dropping down to below 4% growth since Aug...

India Infoline News Service | Mumbai 09:37 IST | April 11, 2019

India to grow at 7.3% in 2019; Global growth forecast lowered: IMF

The IMF numbers are higher than those of the Reserve Bank of India, which had last week cut its growth forecast to...

India Infoline News Service | Mumbai 10:06 IST | April 10, 2019

SKYMET monsoon forecast and impact on the economy

This year, IMD has forecast normal rainfalls but SKYMET in its latest forecast has warned of below average rainfal...

India Infoline News Service | Mumbai 13:53 IST | April 08, 2019

Will Elections-2019 decide the fate of markets?

Let us analyse whether the markets will be driven by fundamentals or election outcome will impact the markets....

India Infoline News Service | Mumbai 12:00 IST | April 06, 2019

Fitch retains Indias sovereign rating at 'BBB-'

This is the 13th year in a row that global rating agency Fitch has rated India at 'BBB-'....

India Infoline News Service | Mumbai 08:33 IST | April 05, 2019

RBI's 25 bps repo rate cut is a growth infusing decision: ASSOCHAM

The Monetary Policy Committee (MPC) reduced the repo rate (or the rate at which banks borrow from RBI) to 6 percen...

India Infoline News Service | Mumbai 15:44 IST | April 04, 2019

RBI to repeat dollar-rupee swap auction

The first round was launched on March 26 for the same amount in which banks had offered ~$16.4bn to the RBI....

India Infoline News Service | Mumbai 15:27 IST | April 02, 2019

Nikkei India Manufacturing PMI at 52.6 in March; Job creation eases to 8-month low

Although operating conditions in the Indian manufacturing industry continued to improve in March, there was a wide...

India Infoline News Service | Mumbai 11:02 IST | April 02, 2019

Eight core industries output rises 2.1% in February

Coal production increased by 7.3% in February 2019 over February 2018....

India Infoline News Service | Mumbai 08:40 IST | April 02, 2019

India March GST revenue at Rs1.06 lakh cr: Finance Ministry

Indias total gross GST revenue collected in March 2019 stood at Rs1.06 lakh cr, of which Central GST is Rs20,353cr...

India Infoline News Service | Mumbai 16:20 IST | April 01, 2019

Indias April-Feb fiscal deficit at 134% of FY target

The gap between the governments revenue and expenditure stood at Rs8.51 lakh cr at the end of February, or at 134....

India Infoline News Service | Mumbai 12:17 IST | March 30, 2019

Will RBIs forex swap be able to ease liquidity crunch issue?

The Dollar Swap has two core ideas. Firstly, by absorbing dollars the RBI enhances its dollar reserves and prevent...

India Infoline News Service | Mumbai 11:57 IST | March 28, 2019

Fitch cuts Indias GDP growth forecast for FY20 on weak momentum

Fitch also slashed GDP growth forecast for current fiscal ending March 2019 to 6.9% from 7.2% projected in the Dec...

India Infoline News Service | Mumbai 12:12 IST | March 22, 2019

GST Council approves transition plan for new tax rates for realty sector

Accordingly, the council has decided that builders can pick between paying 12% for non-affordable houses with ITC ...

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

Indias trade deficit narrows to $9.59bn in February

The trade deficit shrank to a 17-month low in February. The previous low for the trade gap was $9.4 billion in Sep...

India Infoline News Service | Mumbai 15:00 IST | March 16, 2019