Search Results for: fiscal deficit

RBI's MPC meeting this week: Takeaways can be more than repo rate hike

Apart from the decision on the repo rate hike by the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions.

Dec 5, 2022

Work one hour extra daily: Karnataka CM to employees

Chief Minister Basavaraj Bommai called upon the state government employees to work one hour extra every day.

Nov 10, 2022

Reserve Bank of India to launch digital rupee pilot project today

The Reserve Bank of India (RBI) will today launch the nation's first digital rupee pilot project for the wholesale segment.

Nov 1, 2022

Naya Kashmir: People are isolating those who are spreading hatred, inciting violence in Valley [details]

While reviewing the progress of the fourth edition of the "Back-to-Village" programme Lieutenant Governor Manoj Sinha establish peace should be the prime objective of every stakeholder.

Oct 29, 2022

When Sunak celebrated Diwali at 11 Downing Street, took oath on the 'Bhagavad Gita'

Even as they wonder whether Rishi Sunak will be able to steer the Conservatives and his country out of the "fiscal black hole" they have to contend with, British commentators haven't missed the significance of his elevation to Britain's highest political office on Diwali.

Oct 24, 2022

Moody's: UK's economic outlook now rated 'Negative'

The UK's economic outlook has been lowered to "negative" by ratings agency Moody's due to the ongoing political instability and high inflation.

Oct 22, 2022

Nirmala Sitharaman says Rupee is NOT sliding but Dollar is strengthening; Deserves Ph.D, says Congress

Taking a jibe at Nirmala Sitharaman over her statement that Indian currency is not sliding but the dollar is strengthening, the Congress said that the Finance Minister qualifies for a PhD in Economics.

Oct 17, 2022

World Bank lowers 2023 growth forecast from 3% to 1.9%, says dangerously close to recession

World Bank lowered 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth

Oct 14, 2022

Economy of every country is slowing; India defies odds [see how]

According to IMF, India is to grow at 6.1% in 2023, making it the world's fastest among major economies. Read to know more.

Oct 12, 2022

JPMorgan refuses to include India in widely-followed bond index; here's why

JPMorgan's decision to not include the bonds was due to investor concerns about India's market infrastructure, according to a person familiar with the matter.

Oct 6, 2022

Indian corporate credit quality remains strong

Indian corporate credit quality robust, says CRISIL Ratings

The credit ratio is in line with the positive credit quality outlook CRISIL Ratings had articulated earlier -- that upgrades will far outnumber downgrades through this fiscal.

Oct 3, 2022

Reliance Jio all set to launch low-cost laptops at Rs.15,000: Reuters report

The new laptop will have Jio's own JioOS operating system and apps can be downloaded from the JioStore

Oct 2, 2022

Armenia buys Pinaka rockets from India worth Rs 2,000 crore amid tensions with Azerbaijan

In the fiscal year 2021–2022, India's defence exports reached a record high of Rs 13,000 crore, or "eight times" what they were five years prior.

Sep 30, 2022

RBI could raise rates by 35-50 basis points on September 30 [details]

The experts also point out that the rate revision by the US Federal Reserve and the central banks of many other countries have taken an aggressive stance on the rate revision.

Sep 29, 2022

Cabinet approves 'Dearness Allowance' hike by 4%

In a festival bonanza for lakhs of Central government employees and pensioners, the Union Cabinet on Wednesday gave it's clearance for release of additional installment of Dearness Allowance and Dearness Relief at 4 per cent.

Sep 28, 2022

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