Business

India's external debt of $620 billion is sustainable, defends Finance Ministry

In a recent report, the Department of Economic Affairs said the country's external debt continues to be sustainable and prudently managed.

Sep 5, 2022

Every Indian has debt of Rs 1.25 lakh: KTR

The deceased, Balamanikandan was a Class 8 student in a private school at Nehru Nagar, Karaikkal and had topped the class.

Sep 4, 2022

After a volatile week expect markets to remain rangebound [details inside]

The Indian Rupee gained 6 paisa or 0.08 per cent to close at Rs 79.80 to the US Dollar. Dow Jones continued to remain under pressure and lost on four of the five trading sessions.

Sep 4, 2022

India set to become 3rd largest economy by 2029 as nation witnesses rapid economic growth

Recently, India surpassed the United Kingdom to become the fifth largest economy in the world

Sep 4, 2022

Forex reserves dip by $3 billion, fall in foreign currency assets cited

Foreign currency assets fell by $2.571 billion to $498.645 billion during the reporting week.

Sep 3, 2022

Britain slips behind India, ranks 6th biggest economy now as per IMF data

The calculation is based in US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund.

Sep 3, 2022

TRS criticizes Sitharaman for "unruly conduct" with District Collector over not displaying PM flexy

During a visit to Birkur village in Kamareddy district on Friday, the Union minister publicly expressed anger at District Collector Jitesh V. Patil as the Prime Minister's flexi was not displayed at the shop.

Sep 3, 2022

LPG cylinder prices rose 45% in 5 years, revised 58 times; From Rs 723 in 2017 to Rs 1,053 now

According to official data of the Petroleum Ministry, between April 1, 2017 and July 6, 2022 LPG prices rose by 45 per cent through 58 upward revisions.

Sep 3, 2022

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

Forex: Rupee falls 11 paise at 79.56 against US dollar

Dollar index, which gauges the the strength of greenback against the basket of six major currencies were at 109.037.

Sep 2, 2022

Revenue increase and growth recorded in Q2 FY20

Gross GST revenue collected in August is ₹1,43,612 crore; 28% YoY increase [details]

Revenues for the month of August 2022 are 28% higher than the GST revenues in the same month in 2021. Monthly GST revenues are more than the ₹ 1.4 lakh crore for six months in a row.

Sep 1, 2022

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