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Current account deficit widens to 2.5 pc of GDP in Q3

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 March 2019 7:11 PM IST

Trai begins consultation to review terms, conditions for OSP registration

Trai begins consultation to review terms, conditions for OSP...

Trai has sought written comments on the consultation paper by April 29, and counter comments by May 13.

29 March 2019 6:05 PM IST

Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter

Small savings schemes: Govt keeps interest rates unchanged for...

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.7 per cent.

29 March 2019 4:14 PM IST

India raises gas price for April-September by about 10 pct to USD 3.69/mmBtu: Source

India raises gas price for April-September by about 10 pct to USD...

The government will formally announce the revised prices later on Friday, the source said.

29 March 2019 2:40 PM IST

$India Inc\s foreign borrowings fall 9 per cent to USD 2.81 bn in Feb$ Business

India Inc-'s foreign borrowings fall 9 per cent to USD 2.81 bn in Feb

The entire fund mop-up during the month was done through the automatic route of ECB, showed the RBI data.

29 March 2019 2:37 PM IST

Niti Aayog vice-chairman Arvind Panagariya.

-'Nyay scheme poses fiscal challenge to India-'s economy-': Arvind...

Economist Arvind Panagariya said that -'Nyay-' is difficult to implement and unlikely to achieve its intended objective.

28 March 2019 7:05 PM IST

RBI likely to cut repo rate by 25 bps in April policy: Report

RBI likely to cut repo rate by 25 bps in April policy: Report

Goldman Sachs had earlier expected no change in the policy rate in the April meeting.

28 March 2019 6:28 PM IST

Rupee plunges 42 paise to 69.30/USD on stronger dollar

Rupee plunges 42 paise to 69.30/USD on stronger dollar

Most Asian currencies struggled amid expectations of dovish monetary policy by central banks following global cues.

28 March 2019 6:08 PM IST

India will start imposing capital gains tax on investments coming from Mauritius starting next year.

PE, VC investment in India at USD 20.5 billion in 2018: Report

Investments account of start-ups, e-commerce and information technology-enabled services, according to the report.

28 March 2019 1:55 PM IST

Bahrain Aiming to Roll-out Commercial 5G by June

Bahrain Aiming to Roll-out Commercial 5G by June

Bahrain will be one of the first countries globally to provide commercial 5G services by June 2019.

28 March 2019 12:44 PM IST

RBI allows non-residents to participate in rupee interest rate derivatives market

RBI allows non-residents to participate in rupee interest rate...

Indian market has witnessed increasing participation from non-resident players like FPIs in debt.

28 March 2019 9:57 AM IST

RBI likely to cut repo rate by 25 bps: Goldman Sachs

RBI likely to cut repo rate by 25 bps: Goldman Sachs

The report lowered its inflation forecasts and now see average headline CPI inflation at 3.4 per cent in FY19.

28 March 2019 8:31 AM IST