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w The rupee is the worst performer this year in Asia ex-Japan amid uncertainty surrounding the upcoming elections, where Prime Minister Modi is seen facing a tight contest.

Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude...

Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee.

6 March 2019 6:43 PM IST

(Photo: Wikipedia)

OECD lowers global growth forecast over trade tensions

OECD cut global growth forecast for this year to 3.3 per cent, down from the 3.5 per cent it predicted in November.

6 March 2019 5:32 PM IST

Reserve Bank of India

RBI to infuse Rs 12,500 crore into financial system through OMOs

The decision is based on an assessment of liquidity conditions and also of durable liquidity needs, RBI said.

6 March 2019 11:12 AM IST

Union Minister Arun Jaitley. (Photo:ANI)

Doubling tax-free gratuity limit to Rs 20L to benefit PSU, pvt sector...

Would benefit all PSU employees and other employees not covered by Payment of Gratuity Act, says Arun Jaitley.

6 March 2019 10:42 AM IST

US President Donald Trump

US President Donald Trump seeks India's help on China, yet slaps curbs

The move affects just a fraction of India's trade flows, yet it comes weeks before India's national elections.

6 March 2019 1:09 AM IST

A total amount of more than Rs 2,000 crore have already been released to more than one crore farmers families across the country in the first lot of installments in the first phase.

World Bank to provide USD 250 mn to boost rural income

The project will help women in rural households develop viable enterprises for farm and non-farm products.

5 March 2019 7:03 PM IST

Bank of Baroda has appointed SBI Capital Markets, while Central Bank has engaged a couple of merchant bankers including IDBI Capital as advisors.

Bank of Baroda slashes lending rate by 10 basis points

The rate cut comes a month after Reserve Bank slashed key lending rate by 0.25 percentage points to 6.25 per cent.

5 March 2019 6:20 PM IST

NITI Aayog CEO Amitabh Kant

E-commerce revolutionised retail sector in India: NITI Aayog CEO...

'Driven by growth in India's retail market, country's GDP will increase and result in more job opportunities,' Amitabh...

5 March 2019 5:11 PM IST

Heightened activities were also witnessed at WTOs dispute settlement body during 2016.

India's import duties not high; within global trade norms of WTO: govt

The bilateral trade has increased to USD 74.5 billion in 2017-18 from USD 64.5 billion in 2016-17.

5 March 2019 4:11 PM IST

Under GST regime, exporters have been allowed remission on basic customs duty but other duties and imposts are not covered.

GSP withdrawal not to have significant impact on India's exports:...

1,900 Indian products from sectors such as chemicals and engineering get duty free access to US market under GSP.

5 March 2019 12:33 PM IST

KMRL expects daily ridership of 60,000 to 65,000 by June next year when the service will be extended to Thykoodam from Maharajas.

Services sector activity gathers pace in Feb on uptick in new business...

PMI Output Index, that maps both the manufacturing and services industry, rose from 53.6 in January to 53.8.

5 March 2019 11:12 AM IST

India's farm, marine exports to be hit by US trade action: exporters'...

'We fear that our labour-intensive exports of agriculture, marine and handicraft products to the US would be hit hard,'...

5 March 2019 10:49 AM IST