Economy News

India Inc Bets on Easing Inflation Rates, Slowing IIP For RBI Rate Cut in June

Domestic companies are demanding a rate cut in the wake of slowing investment growth

May 15, 2015

Low Inflation, Reforms To Boost India's Growth to 8.1% in 2015, Says UN Report

The estimate is more optimistic than those given by the World Bank and the IMF.

May 15, 2015

India's Wholesale Price Inflation Slips Further to -2.65%

According to government data, inflation fell on the back of a major decline in prices of fuels and minerals.

May 14, 2015

Easing Inflation, Slowdown in IIP Offer RBI Room for Rate Cuts

A decline in industrial activity and easing of retail inflation provide RBI more scope for key policy rates cut in its meeting on 2 June.

May 13, 2015

Edmund Shing: Goodbye mansion tax, hello post-election property bonanza

A property bonanza looms now that a Labour mansion tax is no longer on the cards.

May 12, 2015

India to Grow by 7.5% in FY16, to Outperform Other G20 Nations: Moody's

The rating agency said India remains at advantage from shrinking external imbalances.

May 12, 2015

Signs of El Nino Surface; Rural Distress May Deepen

Australian Meteorological Department confirms the tropical Pacific witnessing early signs of El Nino.

May 12, 2015

ICICI Bank Chairman KV Kamath Appointed as President of BRICS Bank

India has got the power to choose the president of the BRICS Bank.

May 11, 2015

Election 2015: What are the consequences of the election results?

Maggie Pagano talks to Edmund Shing and Stefan Stern about the implications the election results will have on the economy, the union and the UKs EU membership.

May 8, 2015

India May Extend E-Tourist Visa to China, to Ignore Concerns of Intelligence Agencies

The government is in a mood to include China in its e-tourist visa programme as a "friendly" gesture.

May 8, 2015

RBI Governor Rajan Pitches for Rupee Convertibility Again

Rupee convertibility appears to be Rajan's "next big ambitious goal."

May 8, 2015

Wholesale Price Index Inflation Expected to Rise at 3.7% in Fiscal Year 2015-16

Dun & Bradstreet research report said that below normal monsoon will result into WPI inflation.

May 3, 2015

India Out of 'Fragile Five' Club, Less Vulnerable To US Rate Hike: Fitch

A changing policy environment has had a positive impact on its macroeconomic risk profile, says the agency.

May 1, 2015

Policymakers Likely to 'Welcome' Weakening Rupee

A gradual depreciation in the currency may be "welcomed by the policymakers", says Capital Economics.

May 1, 2015

Petrol, Diesel Price Hike: A Lot Depends on Global Crude Oil Prices and Indian Rupee

Rising crude oil prices and weakening rupee pose challenges to Indian oil companies

May 1, 2015