Economy News
![RBI Reserve Bank of India](https://data1.ibtimes.co.in/en/full/605424/rbi-reserve-bank-india.jpg?w=204&h=150&l=50&t=40)
Bank deposit growth rate in FY16 falls below five-decade low
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Indian Railways capital expenditure rose to a new high in FY16: Report
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Future Generali India Insurance expects rural, micro-insurance to grow by 30%
![Indian rupee Rupee Rupee vs dollar](https://data1.ibtimes.co.in/en/full/599392/indian-rupee-rupee-rupee-vs-dollar.jpg?w=204&h=150&l=50&t=40)
Rupee gains for second straight day
![Steel production World Steel Association](https://data1.ibtimes.co.in/en/full/605328/steel-production-world-steel-association.jpg?w=204&h=150&l=50&t=40)
World steel production plunges 3.6% in the first three months of 2016
![RBI governor Raghuram Rajan](https://data1.ibtimes.co.in/en/full/605312/rbi-governor-raghuram-rajan.jpg?w=204&h=150&l=50&t=40)
RBI Governor Raghuram Rajan says no need to get hyper over India's growth rate
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Indians sent $4 billion for students studying overseas in FY16
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Foreign tourist arrivals up 12% in March
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Maharashtra may halt water supply to breweries in Aurangabad from May
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India, US must increase bilateral trade to $500 billion, says US official
![Raghuram Rajan](https://data1.ibtimes.co.in/en/full/605112/raghuram-rajan.jpg?w=204&h=150&l=50&t=40)
Rajan says forex intervention to continue to reduce volatility
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India's March trade deficit narrows to $5.07 billion
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Fuel consumption in India rose to 8-year high in FY16
![Arun Jaitley](https://data1.ibtimes.co.in/en/full/571833/arun-jaitley.jpg?w=204&h=150&l=50&t=40)
India demands larger say for developing countries in World Bank agencies
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