Indian economy
- India
India loses position of 5th largest economy to UK, but it may be temporary
A statistical overhaul and a weakening rupee have quietly undone a milestone that India had been celebrating. The country now sits sixth in the global GDP table, behind the United Kingdom, a…
- India
Rupee slumps 89 paise to record low of 94.85 against US dollar
Mumbai: The rupee slumped by a massive 89 paise to close at a historic low of 94.85 against the US dollar on Friday, March 27, as concerns of higher crude oil prices…
- Featured News
US-Israel-Iran war saps India’s economic stability
War does not resolve an issue. It leaves behind a tale of untold miseries across nations, as the celebrated Urdu poet Sahir Ludhianvi asserted over five decades ago. His prophecy holds today…
- India
Modi govt has neither direction nor strategy, just empty rhetoric: Rahul Gandhi
New Delhi: Congress leader Rahul Gandhi on Saturday accused the Modi government of lacking both direction and strategy necessary to manage the current economic situation facing the nation. Gandhi also expressed concern…
- Business
Rupee depreciates 22 paise, closes at 90.78 against US dollar
Mumbai: The rupee depreciated 22 paise to close at 90.78 against the US dollar on Wednesday, February 11, amid increased dollar demand from importers and geopolitical tensions. Forex traders said the rupee…
- Business
World Bank projects India’s GDP will grow 7.2 pc in FY26 but slow down in FY27
New Delhi: The World Bank has raised India’s gross domestic product (GDP) growth forecast to 7.2 per cent for the current fiscal, up by 0.9 percentage points from its June projections, on…
- Business
US-Venezuelan conflict not to impact India’s trade: GTRI
New Delhi: The US-Venezuela conflict will have a negligible impact on India’s trade with the South American country, think tank Global Trade Research Initiative (GTRI) said on Sunday. On January 4, American…
- Business
Govt rolls out Rs 4,531-cr market access support for exporters
New Delhi: The government on Wednesday launched Rs 4,531 crore market access support for exporters under which financial support will be provided to participate in activities such as international fairs and exhibitions.…
- Business
Not concerned about rupee at all: Economic Advisory Council to PM
New Delhi: Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed…
- Business
India model of high growth, low inflation: PM Modi
New Delhi: Asserting that India is a model of high growth and low inflation, Prime Minister Narendra Modi on Saturday said the country’s 8.2 per cent growth in the second quarter of…
- News
Indian economy remains world’s fastest growing despite US tariffs
New Delhi: India’s economy grew at a higher-than-expected 8.2 per cent – the fastest pace in six quarters – in July-September, as front-loading of production ahead of GST rates cut boosted consumption…
- World
Solution to tariff issues with US expected in 10 weeks: Chief Economic Advisor
Kolkata: Chief Economic Adviser V Anantha Nageswaran on Thursday said he expects that a solution to the tariff issues with the US is likely to arrive in the next eight to ten…
- Business
GST revenue rises 6.5 pc to Rs 1.86 lakh cr in August
New Delhi: GST collection in August rose 6.5 percent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward.…
- Business
Explainer: How will Trump’s tariff affect Indian economy
New Delhi: US President Donald Trump on Wednesday announced the imposition of a 25 percent additional import duty plus penalty on goods imported from India. The duty will come into effect from…
- India
Day after imposing tariff, Trump calls Indian economy ‘dead’
Washington: US President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their “dead economies down together”.…
