Trade deficit worsened to .7 billion in January from .1 billion in December.Merchandise exports rose 3.7% to $26.36 billion in January despite a weak rupee, up from 0.3% in December but lower than 9.1% growth achieved so far this fiscal. At $41.09 billion, imports barely grew, despite a...
Interestingly, the tussle between the RBI and the government is not new; it seems to have escalated under present governor Urjit Patel (Image: PTI) Finance Minister Arun Jaitley on Tuesday added fuel to fire amid the ongoing conflict with the Reserve Bank of India (RBI) by saying that the regulator...
Led by digital and online gaming, the media and entert­ainment sector grew 13.4%in 2018 to reach Rs 1.67 trillion . Online gaming (including fantasy and e-Sports) saw...
The global watchdog also pointed out that  as the country near elections, significant movement in its CPI score could be seen.India jumped by three points to 78 as it improved its ranking on a global index in 2018, a corruption perception index showed. Even as the improvement is...
Fed's Clarida says U.S. economy in 'good spot,' can be patient ...
With the Congress President Rahul Gandhi announcing to introduce a minimum income guarantee scheme in 2019, if voted to power, talks about the effectiveness of such direct income transfer scheme has again gained momentum.“Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the...
© Reuters. Britain's Prime Minister Theresa May makes a statement in London ...
Since the year 2004, the poorest 10 per cent of the country (13.6 crore people) have continued to remain in debt, the Oxfam report added.The combined revenue and capital expenditure of the centre and states for medical, public health, sanitation and water supply is Rs 2.08 lakh crore,...