Economy
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Here’s how rain deficiency impacts the Indian economy
This article tends to focus upon the unpredicted and the heavy rain deficiency which has impacted sectors across India
RBI to phase out I-CRR in stages
“RBI to gradually remove I-CRR, preventing sudden shocks to system liquidity and ensuring orderly functioning of money markets
India’s fiscal deficit surpasses ₹6 trillion, accounting for 33.9% of full year target
Up to July, the central government collected ₹5.8 trillion in tax revenue, which is a quarter of the ₹23.3 trillion full year target
LPG price cut gift to crores of sisters of country: PM Modi
PM Modi announces Rs 200 reduction in LPG cylinder prices and 75 lakh free gas connections under PMUY as Raksha Bandhan gift to women of India.
India faces threat of ban over sugar export for the first time in seven years
India, one of the world's largest sugar producers, is currently grappling with the possibility of not being able to export sugar for the first time in seven years.
ICRA Report: India’s GDP growth to reach 8.5% in Q1 FY24, but challenges loom ahead
India's GDP is expected to grow at a rate of 8.5% in the first quarter, as reported by ICRA. However, there were several factors that put downward pressure on GDP growth during this period.
RBI keeps Repo Rate unchanged at 6.5%
The Reserve Bank of India, today agreed on keeping the repo rate unchanged at 6.5 per cent.
India is now a “overweight” country, according to Morgan Stanley, making it the best emerging market
Due to encouraging foreign inflows, macroeconomic stability, and a favorable forecast for profitability, India has risen from sixth place to the top spot among emerging markets (EMs), according to a note published by the brokerage late on Wednesday.
Expected volatility for the Indian Rupee is at a 7-month low and is tracking a small spot range
The predicted volatility of the Indian rupee relative to the dollar over the coming month fell to its lowest level in nearly seven months on Tuesday, mirroring the currency's recent tight trading range and on anticipations of continuing support from the central bank.Expected volatility for the Indian rupee is at a 7-mo low and is tracking a small spot range.
Asia may see more rate hikes if core CPI stays high: IMF
IMF economists Krishna Srinivasan, Thomas Helbling, and Shanaka J. Peiris advised policymakers to "remain watchful" despite a reduction in headline inflation.
The top 10 most richest states of USA
A look into the top 10 most richest states of United States of America (USA) and their economy.
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