Indian Economy

Say Hello to The Wealthiest Indian Women

If women's participation in the Indian economy goes up, country's GDP is likely to go up by 60 per cent or 2.9 trillion by 2025<p>You're reading Entrepreneur India, an international franchise of Entrepreneur Media.<p>Time and again, experts have asserted why India cannot grow sustainably and consistently …


Rupee devalues to record low near 70.20

Wider trade deficit and outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning trade session on …


Atal Bihari Vajpayee's key policies that shaped Indian economy in the new millennium

Finance (India)

Rupee moving towards its natural value: NITI Aayog

New Delhi, Aug 16 (IANS) As rupee continued to fall to new record lows on Thursday, NITI Aayog Vice Chairman Rajiv Kumar said the Indian currency was …

NITI Aayog

Former PM Atal Bihari Vajpayee, the gentler face of Hindu nationalism, dies

NEW DELHI (Reuters) - Former Prime Minister Atal Bihari Vajpayee, who ordered nuclear tests to make India a nuclear weapons power and travelled by bus to Pakistan in a grand diplomatic gesture, died on Thursday, the hospital where he was being treated said in a statement.<p>He was 93.<p>A …


Here's how the rupee slump can complicate matters for Modi government

The 9.3% fall in the rupee this year has already led to a surge in local prices of goods with an imported component


No respite for rupee, might be inching towards Rs 72-73/USD soon

<b>Abhishek Goenka</b><p><b>IFA Global</b><p>Today, Indian rupee touched its historic low of 70-mark, not just because of the volatility in the crude oil or a fall in …

Business (India)

On inflation: India Ratings cuts FY19 forecast to 7.2 per cent

In absolute terms, the current account deficit is expected to widen to $ 71.1 billion in 2018-19 from $48.7 billion in 2017-18.<p>By: | New Delhi |<p>India …


Exclusive - Japan, South Korea steel exports to India surge on tariffs, high-end demand

NEW DELHI (Reuters) - India is being hit by a wave of steel from producers in Japan and South Korea, a government document showed, as mills there redirect supply after U.S. President Donald Trump slapped an import duty on the alloy earlier this year.<p>FILE PHOTO: A worker rides his bicycle past steel …

South Korea

Rupee closes below 70 for first time on trade war fears

The Indian rupee for the first time closed below 70 mark against the dollar on Thursday at an all-time low of Rs 70.15. The greenback continued to …

Business (India)

From Golden Quadrilateral to Rural Roads, Vajpayee's Midas Touch Paved Way for India's Economic Rise

Vajpayee’s contribution to the Indian economy has been exemplary. To make India a daunting economic power in the 21st century, he transformed the …


How forex market operations of the RBI alter domestic liquidity conditions: A Primer

A team of RBI researchers (Janak Raj, Sitikantha Pattanaik, Indranil Bhattacharya and Abhilasha) have this nice short note in recent RBI</i> …

Business (India)

Why Indian judiciary needs more women | editorials

In his Independence Day speech on Wednesday, Prime Minister Narendra Modi mentioned that there are now three women judges in the Supreme Court. While …

Business (India)

Railway recruitment 2018: RRB announces vacancies under 7th Pay matrix, 10th pass can apply too

The Railway Recruitment Board has announced vacancies under the matrix of the Seventh Pay Commission. The Northern Frontier Railway has released …

Business (India)

Modi says India will send manned flight into space by 2022

India will send a manned flight into space by 2022, Prime Minister Narendra Modi announced Wednesday as part of India's independence day celebrations.<p>He said India will become the fourth country after Russia, the United States and China to achieve the feat and its astronaut could be a man or a …


Sleeping Elephant is Now up and Running: PM Narendra Modi on State of Indian Economy

Modi said the government fulfilled the promise to provide 50 per cent more than the cost of production for kharif crops to farmers and is on the way …


Indian rupee hits record low in opening trade

© Reuters. Indian rupee hits record low in opening trade<p>MUMBAI, Aug 16 (Reuters) - The Indian rupee dropped to a record low in opening deals on …


PM Modi promises India's first manned space mission by 2022 in Independence Day speech

India will send an Indian man or woman to space on an Indian mission by 2022, Prime Minister Narendra Modi proclaimed today in his Independence Day …


Warning for Indian economy, unabated decline may pose serious challenge: Report

If the steep decline in the household savings rate -- which has fallen to 16.3 per cent from 23.6 per cent between fiscals 2012 and 2017 -- …

Business (India)

India must find unique development path to achieve its manufacturing ambitions

Wednesday was a memorable day for India, as it marked the anniversary of the country's independence from the British Empire in 1947. During the …


24 lakh vacancies, millions jobless

Answers to questions raised in Parliament between February and July this year lay bare the lackadaisical approach of the central and state …


PM Modi launches election campaign for 2019 on Independence Day

Prime Minister Narendra Modi launched Bharatiya Janata Party's election campaign for 2019 Lok Sabha polls from the ramparts of the Red Fort in his …


Modi showcases economic achievements in I-Day address

New Delhi, Aug 15 (IANS) Prime Minister Narendra Modi on Wednesday avoided major economic announcements in his last Independence Day address before …


Currency crisis: Centre is monitoring situation, foreign reserves are sufficient, says Arun Jaitley

The Union Minister said India’s macro fundamentals remained resilient and strong.<p>Union Minister Arun Jaitley on Wednesday said the Centre was closely …

Business (India)

RINL has achieved turnaround, prospects bright for current fiscal: CMD

The RINL-Visakhapatnam Steel Plant has achieved a turnaround, posting an operating profit of Rs 332 crore during 2017-18, and its prospects for the

Business (India)

Indirect tax base has surged 65% to 11.6 mn since GST roll-out: PM Modi

Experts feel this might prompt govt to cut rates


Erased 6 crore dubious beneficiaries, saved Rs 90,000 crore of welfare fund: PM Modi

Prime Minister Narendra Modi on Wednesday said that the government has taken steps to eradicate corruption and curb the flow of black money in the …


Nagaland CM calls for lasting peace to bolster state's economy

Kohima, Aug 15 (IANS) Thousands of people across Nagaland on Wednesday celebrated the nation's 72nd Independence Day amidst tight security, as Chief …


West Bengal CM Mamata Banerjee slams BJP on 'One Nation, One Election' issue

Mamata Banerjee accused the BJP of not holding discussions with other political parties or in Parliament on the proposal.


Opinion | Rupee movement is a reflection of global sentiments

There was a capital outflow from India of around $8.9 billion from the start of the current fiscal till July 26, 2018; since then, there has been …

Business (India)