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It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

Moody-'s cuts India-'s GDP growth forecast to 5.6 pc for 2019

India-'s economic growth has decelerated since mid-2018, with real GDP growth slipping from nearly 8 per cent to 5 per...

14 Nov 2019 1:06 PM IST

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis.

Jobs at risk as Chinaâ€™s services sector feels heat of trade war

The government has raised this yearâ€™s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

14 Nov 2019 10:07 AM IST

Prime Minister Narendra Modi.

PM Modi says wants to make India a USD 5 trillion economy by 2024

BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade...

14 Nov 2019 9:33 AM IST

The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary easing by the RBI.

Rupee tumbles 62 paise, could remain weak

After opening lower at 71.75 against the greenback, the rupee fell to as much as 72.10 in intraday deals.

14 Nov 2019 1:42 AM IST

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

Inflation rises to 15-month high

Vegetables fuel inflation; RBI may ignore price rise to cut rates.

14 Nov 2019 1:01 AM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Budget 2020: FinMin seeks suggestions for rationalising income tax,...

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during 2019-20.

13 Nov 2019 3:09 PM IST

$\Further, the limit on total indebtedness of the borrower has been increased from Rs 1 lakh to Rs 1.25 lakh,\ the circular said.$ Business

RBI becomes net buyer of dollars in Sept, bought USD 5.61 billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

13 Nov 2019 9:33 AM IST

However, it added, the growth rate in 2019-20 should be looked through the prism of synchronised global slowdown.

SBI lowers GDP growth forecast

Countries have witnessed 22 to 716 basis point decline between June 2018 and June 2019, and India cannot be isolated.

13 Nov 2019 1:09 AM IST

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

India-'s GDP likely to grow 5 per cent this fiscal: SBI report

India is also significantly lower in Economic Uncertainty Index when compared globally

12 Nov 2019 5:08 PM IST

Factory output or Index of Industrial Production (IIP) had expanded 4.6 per cent in September last year, while the IIP in August this year witnessed a contraction of 1.1 per cent.

India-'s industrial production posts steepest fall in 8 years

The contraction in IIP in September has dampened prospects of a quick recovery in economic growth after it slipped to a...

12 Nov 2019 9:39 AM IST

The reserves had increased by USD 1.832 billion to USD 442.583 billion. (Photo: PTI)

Forex reserves soar USD 3.5 bn to new lifetime high of USD 446.09 bn

The country-'s reserve position with the Fund also increased by USD 10 million to USD 3.648 billion, the data showed.

9 Nov 2019 12:29 PM IST

The government countered the Moodys statement, saying the IMF in its latest World Economic Outlook has stated that Indian economy is set to grow at 6.1 per cent in 2019, picking up to 7 per cent in 2020.

Moodyâ€™s cuts India credit rating outlook to negative

Govt slams rater, says growth rate stays unchanged.

9 Nov 2019 1:30 AM IST