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...

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 ...

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...

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 ...

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...

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,...

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 ...

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...

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...

“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...