Economy
India’s outward FDI rises to $5.7 billion in July, RBI data shows
Mumbai : Indian companies pledged $5.70 billion toward overseas investments in July, bouncing back sharply from a weak June and...
India’s imports rise faster than exports, pushing July trade deficit to $31.98 billion
Mumbai : India’s merchandise trade deficit widened to $31.98 billion in July even as goods exports reached a monthly record...
India’s forex reserves reach $707 billion: Why the rupee is still near ₹95 against the dollar
MUMBAI : India’s foreign exchange reserves rose by $14.136 billion in the week ended August 7, taking the total to...
India needs 9.25% growth for 21 years straight to hit developed-nation status by 2047, says NITI Aayog
NEW DELHI : India will need to sustain an average annual nominal growth rate of 9.25 percent for the next...
India slips to world’s 6th-largest economy despite fastest growth rate
NEW DELHI : India has fallen to sixth place among the world's largest economies in nominal GDP terms, slipping behind...
India retail inflation hits 19-month high, food inflation at 5.52%
NEW DELHI : India's retail inflation rose to 4.45 percent in July, a 19-month high, driven primarily by rising food...
Domestic Investors invest ₹5.13 Trillion in Indian equities as domestic buying stays strong
MUMBAI : Domestic investors push equity buying past ₹5 trillion for third year runningIndia's domestic institutional investors have driven net...
UPI charges explained: Why customers won’t pay even if MDR is introduced
NEW DELHI : Finance Minister Nirmala Sitharaman has clarified that customers will not have to pay if a Merchant Discount...
RBI holds repo rate at 5.25% for third straight time, raises FY27 growth forecast to 6.7%
Mumbai : The Reserve Bank of India's Monetary Policy Committee kept the benchmark repo rate unchanged at 5.25 percent on...
Government approves RBI’s plan to trial ₹10 and ₹20 polymer notes across five cities
New Delhi : The Union government has approved a Reserve Bank of India proposal to field-trial polymer banknotes in the...
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