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Economy
World  /  Published 26.06.22

Lanka cut on forex limit

Cash-strapped Sri Lanka has reduced the limit of foreign currency possession by an individual from $15,000 to $10,000, in a desperate move to shore up its fast-depleting forex reserve required to fund...
By PTI in Colombo

World  /  Published 19.06.22

Is recession unavoidable?

We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates, but this ...
By Jonathan Perraton in United Kingdom

India  /  Published 17.06.22

Economy: Modi dreams big

Each state must recognise its strength and define a target as this is crucial for India to become a USD 5-trillion economy, Prime Minister Narendra Modi said on Friday. The prime minister was chairin...
By Our bureau and PTI in New Delhi

Business  /  Published 17.06.22

RBI not behind curve: Das

Governor Shaktikanta Das on Friday refuted criticism of the RBI being behind the curve in its policies, making it clear that the consequences of focusing on the 4 per cent inflation target would have ...
By Our Bureau, PTI

Business  /  Published 17.06.22

US recession fears drive down stocks

A dovish commentary from the US Federal Reserve could not prevent another blowout on the stock markets with benchmark indices hitting fresh 52-week lows on concerns over a recession in the US. The Se...
By Our Special Correspondent in Mumbai

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News  /  Published 16.06.22

Unemployed man falsely confesses to murder in hopes of a square meal in jail

A man was found dead in a rented apartment in Bansdroni with a pillow on his face on Wednesday morning. His younger brother walked into a police station and “confessed” to have killed him,...
By Our special correspondent in Kolkata

Business  /  Published 10.06.22

Fitch betters India's rating outlook

Fitch Ratings on Friday upped the outlook on India's sovereign rating to 'stable' from 'negative' after two years, citing diminishing downside risks to medium-term growth on rapid ...
By Our Bureau, PTI in New Delhi

Business  /  Published 09.06.22

Limited options to tackle inflation, low growth

Industry is unhappy with the repo rate hike by the RBI even as the finance ministry admitted a lack of available solutions to tackle the twin menace of high inflation and low growth. “There can...
By Our Special Correspondent in New Delhi

Business  /  Published 02.06.22

Exports grow by 15.46%: Govt

India has registered a 15.46 per cent hike in merchandise export at $37.29 billion in May this year vis-a-vis the figures of $32.30 billion in May 2021, the commerce ministry was quoted by hindus...
By Our Bureau and Agencies in New Delhi

Business  /  Published 01.06.22

GDP growth further down in 4th quarter

“The downward revision in the last fiscal’s GDP growth was expected as the omicron variant and the start of the Russia-Ukraine war hit the last quarter. The Indian economy has grown by onl...
By Our Special Correspondent in New Delhi


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