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India is doing better and is in a relative bright spot compared to the other countries in the region, IMF Director of Asia and Pacific Department, Krishna Srinivasan, said. (AFP file)

India is doing better and in relatively bright spot compared to...

The IMF in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in...

12 Oct 2022 10:44 AM IST

The S&P Global India Services Purchasing Managers Index fell to 54.3 in September from Augusts 57.2, a private survey showed on Thursday. (File image)

Services PMI falls to 6-month low in Sept.

New Delhi: With the weaker sales and inflationary pressures, India's services sector activity hit a six-month low in...

7 Oct 2022 6:10 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI to soon launch e-rupee on pilot basis for limited use

MUMBAI: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases as it...

7 Oct 2022 5:47 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee falls 32 paise to close at all-time low of 81.94 against US...

MUMBAI: The rupee plunged 32 paise to close at an all-time low of 81.94 (provisional) against the US dollar on Thursday...

6 Oct 2022 4:23 PM IST

Sanjiv Bajaj, President, CII and Chandrajit Banerjee, DG, CII called on Prime Minister Narendra Modi on Tuesday. (Photo: Twitter)

CII representatives meet PM Modi, discuss economy

NEW DELHI: Representatives from industry body CII met Prime Minister Narendra Modi and discussed issues related to the...

4 Oct 2022 3:13 PM IST

Workers and volunteers look on in a compound where residents are tested for the Covid-19 coronavirus during the second stage of a pandemic lockdown in Jing an district in Shanghai on April 1, 2022. (AFP)

Just top 20% of consumer driving demand as majority yet to recover...

MUMBAI: That the rich got richer during the pandemic has become more evident with research data showing just 20 per cent...

2 Oct 2022 9:42 PM IST

Sterlite Copper factory at Thoothukudi in south Tamil Nadu. (DC file photo)

IIM Ahmedabad survey hints at India Inc-'s declining expectations

HYDERABAD: Despite confidence exuded by the Reserve Bank of India about taming inflation, businesses expect a continued...

30 Sept 2022 6:44 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI hike interest rates, loan EMIs to shoot up

HYDERABAD: RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) hiked the repo rate by 50...

30 Sept 2022 10:56 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI-'s rate setting panel starts deliberations; decision on Friday

NEW DELHI: The Reserve Bank's rate-setting panel on Wednesday started deliberations on the keenly awaited monetary...

28 Sept 2022 6:03 PM IST

Indian rupee fell 11 paise to 76.50 against the US dollar in opening trade on Monday. (PTI PHOTO)

Rupee plunges 37 paise to close at all-time low of 81.90 against US...

MUMBAI: The rupee plunged 37 paise to close at an all-time low of 81.90 (provisional) against the US dollar on Wednesday...

28 Sept 2022 4:36 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee rises 9 paise to close at 81.58 against US dollar

MUMBAI: The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US...

27 Sept 2022 5:43 PM IST

Continuing with the depreciation, Rupee slipped further from the past weeks low and hit another lifetime low on Monday morning. (ANI)

Rupee plunges 58 paise to close at all-time low of 81.67 against US...

MUMBAI: The rupee plunged 58 paise to close at an all-time low of 81.67 (provisional) against the US dollar on Monday as...

26 Sept 2022 4:22 PM IST