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Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (PTI Photo)Business
India registers 5.4 per cent economic growth in Q3

The loss of momentum in GDP growth in the third quarter was mainly due to the waning of the favourable base effect

1 March 2022 6:54 AM IST

Deccan default cover imageBusiness
Oil bill to exceed $100 bn this fiscal

The country-'s import dependence has increased this fiscal owing to a steady decline in domestic output

28 Feb 2022 3:00 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)Business
Rupee falls over 100 paise against dollar as Russia strikes Ukraine

The US Dollar and gold are being seen as safe haven buying in the wake of the Russian invasion of Ukraine

25 Feb 2022 1:02 AM IST

Moodys Investors Service on Thursday raised Indias growth forecast to 9.5 per cent for the calendar year 2022 and to 8.4 per cent for the coming fiscal beginning April 1. (Representational Photo:PTI)Business
Moody-'s ups India-'s growth forecast to 9.5% for 2022; flags high oil...

Moody-'s said Goods and Services Tax (GST) collection, retail activity and Purchasing Managers-' Index (PMI) suggest...

24 Feb 2022 10:49 PM IST

While the Consumer Price Index (CPI)-based inflation rose from 4.23 per cent in April to a six-month high of 6.3 per cent, food inflation soared from 1.96 per cent to 5.01 per cent in May. (Representational Photo:AP)Business
Inflation breaches RBI band in January

The RBI, which mainly factors in the CPI-based inflation, has been tasked to keep the inflation at 4%, with margin of 2%...

15 Feb 2022 8:53 AM IST

EPFOs apex decision-making body Central Board of Trustee will take a call on the interest rate on employees provident fund deposits for 2021-22 in its meeting next month. (DC file photo)Business
EPFO to take call on interest rate for 2021-22 in March

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March...

14 Feb 2022 12:51 AM IST

Union Finance Minister Nirmala Sitharaman in the Rajya Sabha, during ongoing Budget Session of Parliament, in New Delhi. (Photo: PTI)Business
Retail inflation contained at 6.2% despite biggest contraction in...

The finance minister stated that the objective of the budget is a stable and sustainable recovery in the economy

11 Feb 2022 11:45 AM IST

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photoBusiness
RBI maintains status quo; leaves repo rate unchanged at 4 per cent

RBI retained its growth projection at 9.2 per cent and inflation at 5.3 per cent for the current financial year

10 Feb 2022 10:53 AM 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
MPC may hold back rate hike

Policy normalization is set to commence in April with a stance change and reverse repo hike

7 Feb 2022 1:00 AM IST

Union Minister of Finance Nirmala Sitharaman with MoS Pankaj Chaudhary arrives at Parliament for the presentation of the Union Budget 2022-23, in New Delhi, Tuesday, Feb 1, 2022. (PTI Photo/Kamal Kishore)Business
India-'s digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed...

6 Feb 2022 11:16 AM IST

In September 2021, a reference was sent to sector regulator TRAI, seeking recommendations for the 5G spectrum auction and various modalities such as reserve price, band plan, block size, quantum of spectrum to be auctioned, it said. (PTI Photo)Business
Spectrum auction, 5G services roll-out this year

The telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities, the FM...

2 Feb 2022 7:05 AM IST

Union Finance Minister Nirmala Sitharaman holds a folder-case containing the Union Budget 2022-23 as she poses for a photograph with the Finance Ministry officials, outside the North Block, in New Delhi, Tuesday, Feb. 1, 2022. (PTI Photo/Shahbaz Khan)Business
FM presents -'amrit kaal-' Budget; gives -'booster shot-' for growth,...

35 per cent more money to create infra; greater focus on tech on road to India@100

2 Feb 2022 6:44 AM IST

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