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Business News/ Economy

Economy

India's forex reserves jump by $4.3 bn to hit fresh all-time high of $655.8 bn

A customer counts Indian 100 rupee currency notes after withdrawing money at a bank. AFP PHOTO / INDRANIL MUKHERJEE

A customer counts Indian 100 rupee currency notes after withdrawing money at a bank. AFP PHOTO / INDRANIL MUKHERJEE

1 min read . 06:29 PM IST PTI

Western policymakers are now considering whether these assets can be used to help Ukraine. Image: Pixabay

What do you do with 191bn frozen euros owned by Russia?

5 min read . 03:24 PM IST

Trade deficit, or the gap between imports and exports, in May stood at $billion. Photo: Reuters

India's May merchandize trade deficit widens to $23.8 bn, a seven-month high

3 min read . 02:55 PM IST

The Wholesale Price Index, a proxy for producers' prices, had risen to 0.53% in March and 1.26% in April. (Photo: Bloomberg)

Wholesale inflation rises to 15-month high in May

3 min read . 12:09 PM IST

CII president Sanjiv Puri. (AFP)

‘Economy to grow at 8% in FY25, green shoots visible in rural consumption’

2 min read . 08:00 AM IST

The World Bank has projected for the average growth rate for the Indian economy 6.7% from 2024 to 2026, (Pixabay)

Data recap: Steady inflation, Sensex at record high, new MPs

3 min read . 07:00 AM IST

Vegetable merchant Shivaji Demre who supplies vegetables to Big Bazaar outlets at Big Bazaar outlet in Vashi Pic: KEDAR BHAT

India's core CPI hits record low BUT food prices to burn a hole in your pocket

4 min read . 13 Jun 2024

(FILES) This file photo shows the US Federal Reserve in Washington, DC; AFP PHOTO/Karen BLEIER/FILES

US Fed's hawkish stance ‘stale’ after cooler May CPI; Wall St eyes 2 rate cuts

5 min read . 13 Jun 2024

Finance minister Nirmala Sitharaman. (PTI)

Centre-state talks soon on budget, GST

4 min read . 13 Jun 2024

The Bank of Russia said trading sessions in the foreign-exchange, precious metals and derivative markets of the Moscow Stock Exchange with settlements in those currencies had been suspended due to U.S. sanctions. (Photo by Natalia KOLESNIKOVA / AFP) (AFP)

Russia suspends dollar, euro trade on flagship stock exchange

2 min read . 13 Jun 2024

US Federal Reserve Chair Jerome Powell departs after delivering remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged. (Photo: Reuters)

Stung by past mistakes, a wary Fed takes its time

4 min read . 13 Jun 2024

GST Council comprises finance ministers of all states and Union Territories.

Modi 3.0: First GST Council meeting to be held on June 22

1 min read . 13 Jun 2024

US Fed Meeting Outcome: This file photo shows the US Federal Reserve in Washington, DC. (Reuters)

US Fed holds rates at 23-yr high; expects one rate cut in 2024; 5 key takeaways

6 min read . 13 Jun 2024

Employees check rain boots for export at a factory in Lianyungang, China, as Beijing revs up its export engine to drive growth. (AFP)

Can China’s export machine run without the West?

3 min read . 12 Jun 2024

India's economy expanded at a blistering 8.2% in FY24, supported by a 7.8% increase in the January-March quarter. (File Photo: Mint)

Retail inflation eases, factory output ticks higher in May

3 min read . 12 Jun 2024

US Fed Meeting Outcome Highlights: The Fed Chair Jerome Powell-led Federal Open Market Committee (FOMC) officials signaled that they expect to cut their benchmark interest rate just once this year. (Photo: AFP)

US Fed Meeting Outcome Highlights: Powell-led FOMC holds key rates steady

27 min read . 13 Jun 2024

US Fed policy today: The June policy meeting is important as Fed Chair Jerome Powell is expected to offer signals on the timeline for the rate cut cycle. (AFP)

US Fed policy today: 5 crucial factors that will dominate Fed’s mind

3 min read . 12 Jun 2024

The interim budget presented in February had set fiscal deficit targets for FY25 and FY26 at 5.1% and 4.5% of GDP, respectively.

Centre to better medium term target for fiscal deficit

3 min read . 12 Jun 2024

In its latest Global Economic Prospects report, the World Bank said India will remain the fastest-growing major economy. (AFP)

India to clock 6.7% growth over next three years: World Bank

2 min read . 11 Jun 2024

(FILES)This file photo shows the US Federal Reserve in Washington, DC. AFP PHOTO/Karen BLEIER/FILES

US Fed Policy: Powell-led FOMC to hold rates over labor market trends; CPI eyed

3 min read . 11 Jun 2024