Search Results for: rupee depreciation

How Pakistan went down the Sri Lanka way in mismanagement of its finances [Analysis]

In the absence of immediate bailout from IMF, Pakistan economy is on the verge of collapse. As the talks remain inconclusive, Finance Minister Ishaq Dar said virtual talks will continue

Feb 11, 2023

Indian IT services industry to witness slow growth in FY2023, hiring to slow down: ICRA

ICRA's sample shows YoY revenue growth of 9.9 per cent in dollar terms in the nine months of FY2023, against 17-18 per cent YoY growth in dollar terms in FY2022.

Feb 7, 2023

Union Budget 2023: Did FM Nirmala Sitharaman meet the expectations? [key points]

In her fifth budget in the Parliament, FM Nirmala Sitharaman put the fiscal deficit 2023-24 estimate at 5.9 % of the GDP.

Feb 1, 2023

Indian economy remains a "bright spot": IMF

India's economy has retained the crown of "a bright spot" in the International Monetary Fund's latest World Economic Outlook report released on Monday and it is slated to account for half of the global growth in 2023, compared to just a tenth coming from the combined might of the US, the world's largest economy, and Europe, which comprises some of the largest economies

Jan 31, 2023

Man hiding 90,000 US Dollar between book pages, held at Mumbai Airport.

Man hiding $90,000 between book pages held at Mumbai airport

The Customs officials at Chhatrapati Shivaji Maharaj International Airport, Mumbai on Tuesday said that they seized 90,000 US dollars worth Rs 81 lakh from a passenger who was hiding them between the pages of a book.

Jan 24, 2023

Sohna: Congress leader Rahul Gandhi along with party senior leader BS Hooda during the 'Bharat Jodo Yatra' at Kherli Lala in Sohna, Haryana on Friday, Dec. 23, 2022.

Jallandhar MP Santokh Singh collapses during Bharat Jodo Yatra, dies on way to hospital

Jallandhar MP Santokh Singh fell during the rush of the yatra in Phillaur town and was taken to a hospital in Phagwara in an ambulance where he died

Jan 14, 2023

Global economy staring at two recessions in same decade, first time in 80 years: World Bank report

Global growth is slowing sharply due to inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine, said the World Bank's latest Global Economic Prospects report.

Jan 11, 2023

Bharat Jodo Yatra: Before there was Google, there was Digvijay Singh

Before there was google, there was Digvijay Singh... That's the word when Congress party cadre in the ongoing Bharat Jodo Yatra talk amongst themselves.

Jan 9, 2023

Ahead of markets opening: Relief rally in the offing but concerns persist

SENSEX ended the week with losses of 940.37 points or 1.55 per cent to close at 59,900.37 points while NIFTY lost 245.85 points or 1.36 per cent to close at 17,859.45 points

Jan 9, 2023

Stock market falls as fed's meeting minutes intensify tension on D-Street: IBT Market Watch

As of 1:20 PM, Sensex dipped almost 450 points or 0.7% to 60,204 points, while Nifty plunged below the psychological level of 18,000 to 17,940 points and Bank Nifty lost almost 500 points or 1.2% to 42,466 points.

Jan 5, 2023

Forex reserves fall to $562 billion during period ending Dec 23: RBI data

India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, according to RBI data released on Friday.

Dec 31, 2022

Forex reserves fall by $691 million to $562.808 billion as of Dec 23

India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, while Indians' overseas financial assets fell $43.9 bn in July-Sep period

Dec 31, 2022

Markets ahead of 2023: Trend seems to have reversed

Investors failed to understand the colour of festivities associated with Christmas Red, which was there all over Dalal Street, but it was blood on the streets.

Dec 26, 2022

Comptroller and Auditor General (CAG) of India

CAG report discloses irregularities in corporation tax assessments of certain 'high value' cases

The CAG recommended application of incorrect rates of tax and surcharge, errors in levy of interest, excess or irregular refunds etc. point to weaknesses in the internal controls in the ITD, which need to be addressed.

Dec 22, 2022

Sensex, Nifty regain slight momentum but market consolidation continues as year-end triggers remain mute

The BSE Sensex is trading at 61,560 points, 228 points or 0.37% higher than the previous close of 61,337, while the Nifty-50 is trading at 18,346 points, 75 points or 0.41% higher than the previous close of 18,269 points as of 1:20 PM.

Dec 19, 2022

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