The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December
India’s forex reserves increased by $1.51 billion to $658.09 billion for the week ended November 29, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had dropped by $1.31 billion to $656.58 billion in the previous reporting
US President-elect Donald Trump’s pledge to impose high tariffs on three of its trading partners, including China will provide huge export opportunities for India and the domestic industry should prepare itself to tap into that, Niti Aayog CEO BVR Subrahmanyam
Major two-wheeler (2W) manufacturers in India witnessed a single-digit decline in domestic sales in November after dispatches had picked up in October for the festive season when wholesales went up by 14 per cent and retail also grew by 36
Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran. India’s second-quarter GDP growth rate of 5.4 per cent is disappointing but there is no reason to be alarmed as
‘Rates go up, revenues go up, and the need for compensation diminishes.’ The Goods and Services Tax Council has turned into a “rate cutting panel”, former chief economic adviser Arvind Subramanian said on Friday while suggesting that the council
India’s economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption, but the country continued to remain the
Sazerac Company, the largest distiller in the US, is looking to leverage India’s position as the world’s largest whisky market to introduce a range of bourbon whiskies in the country. Photograph: Sazerac/Instagram Identifying India as a key priority market, Diego
