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$The UPAs decision to engage with RCEP nations and the Congress advice to the Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the \parlous\ state of the economy, senior party leader P Chidambaram said on Thursday. (Photo: File)$ Business

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being...

11 Feb 2020 10:03 AM IST

Inflation probably exceeded the RBI medium-term target of 4 per cent in October for the first time in 15 months.

Indian inflation likely hit a near six-year high in January: report

40 economists showed Indiaâ€™s annual consumer price inflation is expected to have risen to 7.40 per cent in January.

10 Feb 2020 11:20 AM IST

People wearing protective face masks ride a public bus in Hong Kong, Sunday. AP photo

Travel agencies in India could lose $500m over China virus outbreak

Foreign as well as domestic tourists are cancelling travel to Kerala where three cases of the disease have been...

9 Feb 2020 2:27 PM IST

Argentine vice-president Cristina Fernandez de Kirchner (AP photo)

Argentina to repay IMF debts after recession ends

Argentina needs to restructure $100 billion in sovereign debt with creditors, including part of a $57 billion credit...

9 Feb 2020 1:55 PM IST

Finance Minister Nirmala Sitharaman (ANI photo)

Budget 2020 provides -'discreet and considered-' stimulus: Sitharaman

Sitharaman said divestments are necessary to get transparency in the working of companies.

7 Feb 2020 1:35 PM IST

The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Highlights of RBI-'s sixth bi-monthly monetary policy statement for...

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

6 Feb 2020 1:04 PM IST

RBI Governor Shaktikanta Das.

RBI has many other tools to revive growth, not just interest rates:...

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

6 Feb 2020 12:50 PM IST

Prices of cereals and products were also high at 2.16 per cent against 1.66 per cent a month ago.

RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar...

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

6 Feb 2020 12:36 PM IST

The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.

RBI estimates GDP to expand at 6 pc in FY21

Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.

6 Feb 2020 12:32 PM IST

Reserve Bank Governor Shaktikanta Das.

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc amid low inflation, faltering economic...

6 Feb 2020 11:54 AM IST

Prime Minister Narendra Modi speaks during an interactive session Pariksha Par Charcha 2020 with school and college students in New Delhi on Monday.

Our target is USD 5 billion of defence export in next five years: PM...

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs...

6 Feb 2020 11:21 AM IST

Indias government is likely to issue the bonds in several tranches of at least USD 400 million each, one source said.

India may issue USD 5 billion of bonds with no foreign investment cap:...

Indiaâ€™s total planned borrowing for 2020-21 stands at USD 109.57 billion.

5 Feb 2020 1:52 PM IST