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Economy

Fresh harvest pulls down WPI inflation to 2.31%, shows govt data

Prices of food items like cereals (7.33 per cent), wheat (9.75 per cent), pulses (5.08 per cent), onion (28.33 per cent), and milk (2.69 per cent) accelerated during the month

Fresh harvest pulls down WPI inflation to 2.31%, shows govt data
Updated On : 15 Feb 2025 | 12:32 AM IST

India's forex reserves climb $7 bn to $638 bn on revaluation effect

The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion during the week

India's forex reserves climb $7 bn to $638 bn on revaluation effect
Updated On : 15 Feb 2025 | 12:22 AM IST

India-US trade ties: For smartphone exports, it's all or nothing

India imposes an effective import duty of 16.5 per cent on smartphones, whereas the US has a zero-duty policy

India-US trade ties: For smartphone exports, it's all or nothing
Updated On : 14 Feb 2025 | 11:58 PM IST

After Donald Trump meet, India confident US will be 'softer on us'

The joint statement said India will "soon" open new consulates in Los Angeles and Boston

After Donald Trump meet, India confident US will be 'softer on us'
Updated On : 14 Feb 2025 | 11:55 PM IST

Income-Tax Bill empowers taxman to ask for access to electronic systems

Scrutinising crypto, other virtual digital assets may become easier

Income-Tax Bill empowers taxman to ask for access to electronic systems
Updated On : 14 Feb 2025 | 11:46 PM IST

Trump's reciprocal tax plan sets off alarm bells amid global trade war buzz

The European Commission on Friday said the US's 'reciprocal' policy is a step in the wrong direction and will react firmly and immediately against unjustified barriers to free and fair trade

Trump's reciprocal tax plan sets off alarm bells amid global trade war buzz
Updated On : 14 Feb 2025 | 11:43 PM IST

Oil edges lower as potential Ukraine peace deal eases supply worries

For the week, Brent was set to gain about 0.5 per cent and WTI was up about 0.01 per cent

Oil edges lower as potential Ukraine peace deal eases supply worries
Updated On : 14 Feb 2025 | 11:41 PM IST

Select Committee of Lok Sabha to examine Income Tax Bill constituted

While introducing the Bill in the Lok Sabha on Thursday, Finance Minister Nirmala Sitharaman had urged Birla to refer the draft law to a Select Committee of the House

Select Committee of Lok Sabha to examine Income Tax Bill constituted
Updated On : 14 Feb 2025 | 11:32 PM IST

Natural gas, nuclear energy get renewed push from Trump-Modi trade talks

In a joint statement, PM Narendra Modi and US President Donald Trump reaffirmed their commitment to increase energy trade

Natural gas, nuclear energy get renewed push from Trump-Modi trade talks
Updated On : 14 Feb 2025 | 11:29 PM IST

India-US ties: First tranche of trade deal to be negotiated over 7-8 months

Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'

India-US ties: First tranche of trade deal to be negotiated over 7-8 months
Updated On : 14 Feb 2025 | 11:32 PM IST

Expect export growth to remain strong in coming quarters: Hinduja

Geopolitical turmoil has risen due to ongoing wars like the Russia-Ukraine conflict and the Israel-Gaza crisis, causing global instability

Expect export growth to remain strong in coming quarters: Hinduja
Updated On : 14 Feb 2025 | 11:30 PM IST

Global Investors Summit: Madhya Pradesh govt to showcase urban infra

He said that the state is rapidly expanding its infrastructure, housing, and smart city projects, with ongoing urban projects worth Rs 72,000 crore and upcoming projects worth Rs 88,000 crore

Global Investors Summit: Madhya Pradesh govt to showcase urban infra
Updated On : 14 Feb 2025 | 7:28 PM IST

Bond yields steady as debt auction pressures bond supply increase

It has also infused Rs 1.25 trillion through long-term repos, and around Rs 440 billion rthrough a dollar/rupee swap, taking the total infusion to around Rs 2.68 trillion over the last one month

Bond yields steady as debt auction pressures bond supply increase
Updated On : 14 Feb 2025 | 6:53 PM IST

Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment

Nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka

Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment
Updated On : 14 Feb 2025 | 6:27 PM IST

Forex reserves increase $7.65 bn to $638.26 bn in week ended Feb 7

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves

Forex reserves increase $7.65 bn to $638.26 bn in week ended Feb 7
Updated On : 14 Feb 2025 | 5:40 PM IST

RBI intervention boosts rupee to strongest weekly gain in 19 months

On Monday, the rupee slipped to an all-time low of 87.95 against the dollar, but the fall was limited as the RBI intervened by selling dollars in the spot market

RBI intervention boosts rupee to strongest weekly gain in 19 months
Updated On : 14 Feb 2025 | 5:09 PM IST

Reciprocal tariffs by Trump admin may not hurt India much, says GTRI

The GTRI also said that the US is not clear if the reciprocal tariff applies to specific products or entire sectors

Reciprocal tariffs by Trump admin may not hurt India much, says GTRI
Updated On : 14 Feb 2025 | 1:51 PM IST

WPI inflation eases to 2.31% in Jan, from 2.37% in Dec on food prices

Jan 2025 WPI-based inflation: Retail inflation eased to a five-month low of 4.31% in January, down from 5.22% in December driven primarily by easing food prices

WPI inflation eases to 2.31% in Jan, from 2.37% in Dec on food prices
Updated On : 14 Feb 2025 | 12:12 PM IST
Updated On : 14 Feb 2025 | 12:13 AM IST

Foolish to expect pvt sector to take care of everything: Economist Duflo

France has a lot of good presses that specialise in publishing stories for children. I grew up reading books as well as weekly and monthly magazines, Esther Duflo said

Foolish to expect pvt sector to take care of everything: Economist Duflo
Updated On : 14 Feb 2025 | 12:04 AM IST