Economy News

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India's forex reserves decline for 6th consecutive week, down by over $870 mn

India's forex reserves declined for 6th consecutive week to $632.736 billion from $633.614 billion reported for December 31, 2021.

Jan 15, 2022

Equities gain for fourth straight session; Sensex up over 500 pts [details]

On Wednesday, the Sensex and Nifty settled at 61,150 points and 18,212 points, traded in the green for the fourth consecutive session.

Jan 12, 2022

Growth Curve: India's FY22 GDP at constant prices to grow at 9.2%, show NSO estimates

India's economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday.

Jan 8, 2022

RBI introduces framework for small value digital payments in offline mode, cap at Rs.2,000

The Reserve Bank of India on Monday released the framework for facilitating small value digital payments in offline mode, which does not require internet or telecom connectivity.

Jan 4, 2022

LIC assets reach a whopping $463 bn, more than GDP of several economies

LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.

Jan 4, 2022

Govt currency PSU mints Rs 240 crore dividend amid Covid-19

Despite Covid, Govt currency PSU mints profits, to give Rs 240 Cr as dividend

Businesses around the world were struggling to cope up with running losses amid the pandemic, but the government mint was able to pay Rs 240 crore dividend to the government, an official statement said on Monday.

Jan 4, 2022

Fake currency found in RBI chest in Lucknow

Fake currency notes comprising Rs 10 rupee note, 18 notes of Rs 50, 443 notes of Rs 100, one note each of Rs 500 and Rs 2,000 were found

Jan 3, 2022

K'taka: KIADB to allot land on 10-year lease-cum-sale basis, what it means [Details]

KIADB will allot land to industries or institutions on a '10-year lease-cum-sale' basis by amending the existing rules, much to the delight of industrialists and investors.

Jan 1, 2022

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

India's forex reserves decline by $587 mn in 4th consecutive week ending Dec 24

FCAs edged lower by $847 million to $571.369 billion. SDR value rose by $24 million to $19.114 billion.

Jan 1, 2022

Indian equities end 2021 on positive note, all sectoral indices up in the last one year

The Sensex and Nifty settled at 58,253 points and 17,354 points. The decline in the use of cash can affect business activities, say experts.

Jan 1, 2022

Living without power connection, this BPL family gets electricity bill worth Rs 1 lakh [details]

Taking serious note of harassment of poor family, SDM Mendhar orders inquiry; asks an officer to submit a report within a week

Dec 29, 2021

First-ever real-estate summit in J&K: 39 MoUs worth Rs 18,300 cr signed [details]

J&K is likely to receive close to Rs 60 thousand crores of investment in the real estate sector in near future. Next summit is to be held at Srinagar in May 2022

Dec 29, 2021

Value buy lifts Sensex, Nifty today; healthcare stocks rise

Healthcare and Banks have risen the most, whereas Metals and Oil & Gas have fallen the most. National Stock Exchange (NSE) rose to 17,050 points

Dec 27, 2021

Investors approach RBI to buy stake in RBL Bank: Report

The current management team led by Rajeev Ahuja has full support from RBI. The slippages had peaked in Q2 and will be improving this quarter

Dec 27, 2021

India's foreign exchange reserve down by $160 mn in week ending Dec 17

The SDR value stands at $19.089 billion. The country's reserve with the IMF saw a rise of $9 million.

Dec 25, 2021

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Economy News

India's forex reserves decline for 6th consecutive week, down by over $870 mn

Equities gain for fourth straight session; Sensex up over 500 pts [details]

Growth Curve: India's FY22 GDP at constant prices to grow at 9.2%, show NSO estimates

RBI introduces framework for small value digital payments in offline mode, cap at Rs.2,000

LIC assets reach a whopping $463 bn, more than GDP of several economies

Despite Covid, Govt currency PSU mints profits, to give Rs 240 Cr as dividend

Fake currency found in RBI chest in Lucknow

K'taka: KIADB to allot land on 10-year lease-cum-sale basis, what it means [Details]

India's forex reserves decline by $587 mn in 4th consecutive week ending Dec 24

Indian equities end 2021 on positive note, all sectoral indices up in the last one year

Living without power connection, this BPL family gets electricity bill worth Rs 1 lakh [details]

First-ever real-estate summit in J&K: 39 MoUs worth Rs 18,300 cr signed [details]

Value buy lifts Sensex, Nifty today; healthcare stocks rise

Investors approach RBI to buy stake in RBL Bank: Report

India's foreign exchange reserve down by $160 mn in week ending Dec 17

Does Vitamin D affect fertility; all important questions answered [details]

Biden calls South Korean prez Moon 'good friend'; thanks for strengthened alliance [details]

India, Vietnam likely future production hubs for Apple: Report

Chennai, suburbs to receive light rainfall for next 2 days [details]

WATCH: Celtics fans react as Smart returns to court after ankle injury [details]