Indian economy news

By Ashutosh Joshi   An eight-fold surge in tomato prices is making some Indian farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks.   Retail prices of…

Piyush Goyal said today several countries are realising that in trade, there is a need for change in currency for that and it involves a conversion cost, which in turn increases transactions costs. | Photo Credit: PTI International trade…

Commerce Secretary Sunil Barthwal. File | Photo Credit: Special Arrangement India’s goods exports rose by about 6.03% to reach $447 billion during the last financial year, while imports jumped to a record $714.24 billion, registering a…

A view of the BSE building in Mumbai. File | Photo Credit: Vivek Bendre Global economic factors such as inflationary pressures, monetary tightening by central banks, and recessionary fears in advanced economies exerted pressure on FPIs to…

Global rating agency Fitch has lowered India's economic growth…

With commodity prices easing due to fears of recession in advanced economies, the concerns…

The report observed that the outlook for the global economy is shrouded by considerable uncertainty because of the war in Europe The report observed that the outlook for the global economy is shrouded by considerable uncertainty because…

The Reserve Bank of India in its March 2022 Bulletin has said that the ongoing geopolitical crisis, i.e, the Russia-Ukraine war, has heightened the uncertainty clouding the global macroeconomic and financial landscape. The global economy's…

The World Bank said it has upgraded its expectations for India’s growth to 8.7% in FY 2022-23 “to reflect an improving investment outlook with private investment, particularly manufacturing, benefiting from the Production-Linked Incentive…