RBI Notifies Measures To Boost Forex Inflows
Mumbai- Reserve Bank of India (RBI) on Thursday issued notifications relaxing provisions for overseas investments in debt market and foreign currency lending by banks,...
LPG Price Hiked By Rs 50; Rates Up By Rs 244 In One Year
New Delhi- Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder, the eighth increase in rates in the last one...
Govt Asks Companies To Cut Edible Oils Price By Up To Rs 10/L, Maintain...
New Delhi- Amid a fall in global prices, the government on Wednesday directed edible oil manufacturers to further cut the maximum retail price (MRP)...
Exports Rise 16.78% To USD 37.94 Bn In Jun; Trade Deficit At Record USD...
New Delhi- India's merchandise exports in June rose by 16.78 per cent year-on-year to USD 37.94 billion while the trade deficit ballooned to a record...
India’s Fuel Sales Soar With Overall Economy Picking Up Pace In June
NEW DELHI- India's petrol and diesel sales soared in June on the back of the start of the cropping season, summer travels and an...
Govt Hikes Gold Import Duty To 15%
New Delhi- The government has hiked gold import duty to 15 per cent from 10.75 per cent to check current account deficit (CAD) and...
Petrol, Diesel Sales Jump In June As Recovery Continues
NEW DELHI- India's petrol consumption jumped by 54 per cent and that of diesel soared by 48 per cent in the first fortnight of...
Exports Rise 20.55% To USD 38.94 Bn In May; Trade Deficit At Record USD...
New Delhi- India's merchandise exports in May rose by 20.55 per cent to USD 38.94 billion, while the trade deficit ballooned to a record...
WPI Inflation Spikes To Record 15.88% In May As Heatwave Stokes Food Prices
New Delhi- Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a...
Rupee Slides 11 Paise Against USD, Breaches 78-Mark For First Time
Mumbai- Dropping for the third straight session, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the...