Economy News

Congress flays Centre over continuous fuel price hikes; Dubs it "extortion"

The Congress on Wednesday slammed the Centre over "unabated" hike in fuel prices and termed it "extortion" by the Modi government.

Mar 30, 2022

An employee refills petrol in a vehicle at a petrol pump (File photo)

Fuel prices raised again for 2nd consecutive day, petrol costs Rs 111.67 per litre in Mumbai

Despite Opposition's uproar in parliament yesterday, state-owned oil marketing companies on Wednesday raised petrol and diesel prices for the second consecutive day,

Mar 23, 2022

Zomato to make world's first 10-minute food delivery in Gurugram

In a global first, food delivery platform Zomato on Monday announced to deliver food under 10 minutes, starting with Gurugram.

Mar 22, 2022

Inflationary Blow: Petrol, diesel prices raised after 4 months; Petrol costs Rs.95 and diesel Rs.110.82 per litre in Mumbai

State-owned oil marketing companies (OMC) on Tuesday raised petrol and diesel prices after more than four months of stable rates.

Mar 22, 2022

Japan PM's India Visit: Strategic Interests to Overwhelm Economic Investments [Analysis]

In the background of the Russian invasion of Ukraine, Japan Prime Minister Fumio Kishida's visit is likely to focus on strategic ties than economic investments, especially in the Indian manufacturing sector

Mar 19, 2022

U.S. Vice President Kamala Harris on Thursday swore in as chief of the Office of Management and Budget.

Who's Shalanda Young? First Black woman to become White House Budget Chief

US Vice President Kamala Harris has sworn in Shalanda Young as chief of the White House Office of Management and Budget (OMB), making her the first Black woman in the country's history to assume the position.

Mar 18, 2022

Moody's cuts India's growth forecast for 2022 to 9.1 from 9.5, cites oil price hike

Moody's Investors Service on Thursday revised its India's GDP forecast down to 9.1 per cent from 9.5 per cent for 2022.

Mar 17, 2022

Big step to boost Kashmir's economy: Srinagar airport notified as custodian for import, export of goods [details]

This move would give a huge boost to exports of horticulture produce, handicrafts, and other goods from Valley

Mar 12, 2022

Employees Provident Fund Organisation (EPFO)

Another blow to the middle class: EPFO slashes interest rate to 8.1%, lowest since 1977

The interest rate for EPFO fund in 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent for 2021-22

Mar 12, 2022

Petrol, diesel prices may go up by over Rs 6 per litre, says ICRA; Here's why

High crude oil prices, due to geo-political concerns, can spike petrol, and diesel prices by Rs 6 to Rs 8 per litre, ratings agency ICRA said.

Feb 26, 2022

Sovereign Gold Bonds next series to be issued at Rs 5,109 per gram as prices increase

The issue price for Sovereign Gold Bonds' next series has been fixed at Rs 5,109 per gram of gold.

Feb 26, 2022

India's forex reserves rise by over $2.7 bn to $632.952 bn before Ukraine War

India's foreign exchange reserves gained $2.762 billion during the week ended February 18.

Feb 26, 2022

To evade financial sanctions, Putin may embrace Bitcoin, legalise crypto

The increased adoption of cryptocurrencies is helping Russian President Vladimir Putin evade the first wave of financial sanctions from the West and the country may legalise cryptocurrencies in order to sustain and virtually avoid all the sanctions as it invades Ukraine, the media reported.

Feb 25, 2022

High oil prices, trade deficit to subdue rupee in 74.5 and 75.5 range [Forecast]

High Crude oil prices along with a wider monthly trade deficit is expected to subdue the Indian rupee in the coming week.

Feb 20, 2022

India, UAE sign CEPA to enhance bilateral trade volumes to $100 bn

India, UAE sign CEPA to boost bilateral trade to $100 bn; To be implemented in 60 days

To enhance trade relations, India and the United Arab Emirates on Friday entered into a Comprehensive Economic Partnership Agreement (CEPA).

Feb 19, 2022

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Economy News

Congress flays Centre over continuous fuel price hikes; Dubs it "extortion"

Fuel prices raised again for 2nd consecutive day, petrol costs Rs 111.67 per litre in Mumbai

Zomato to make world's first 10-minute food delivery in Gurugram

Inflationary Blow: Petrol, diesel prices raised after 4 months; Petrol costs Rs.95 and diesel Rs.110.82 per litre in Mumbai

Japan PM's India Visit: Strategic Interests to Overwhelm Economic Investments [Analysis]

Who's Shalanda Young? First Black woman to become White House Budget Chief

Moody's cuts India's growth forecast for 2022 to 9.1 from 9.5, cites oil price hike

Big step to boost Kashmir's economy: Srinagar airport notified as custodian for import, export of goods [details]

Another blow to the middle class: EPFO slashes interest rate to 8.1%, lowest since 1977

Petrol, diesel prices may go up by over Rs 6 per litre, says ICRA; Here's why

Sovereign Gold Bonds next series to be issued at Rs 5,109 per gram as prices increase

India's forex reserves rise by over $2.7 bn to $632.952 bn before Ukraine War

To evade financial sanctions, Putin may embrace Bitcoin, legalise crypto

High oil prices, trade deficit to subdue rupee in 74.5 and 75.5 range [Forecast]

India, UAE sign CEPA to boost bilateral trade to $100 bn; To be implemented in 60 days

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]