On Monday, the rupee had tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar amid growing worries over economic slump. read more

Forex traders said the rupee is trading in a narrow range as market participants are awaiting cues from the Federal Open Market Committee (FOMC) meeting on July 31. read more

Broader Asian shares also rose as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy. read more

The Wholesale Price Index (WPI)-based inflation was at 2.45 per cent in May. It was 5.68 per cent in June 2018. read more

The rupee opened weak at 68.61 at the interbank forex market and slipped further to 68.67, showing a decline of 16 paise against its previous close. read more

“It appears to me that the government, speaking through the Economic Survey, is pessimistic about the economy,” he said soon after finance minister Nirmala Sitharaman tabled the survey in Parliament. read more

In 2014, he could get away with placing disruptionist politics above rational economics. He can no longer do so read more

The Government has projected India’s real GDP growth for the year 2019-20 at 7 per cent on the back of anticipated pickup in the growth of investment and consumption. read more

A day before the Union Budget, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament on Thursday read more

The rupee opened strong at 68.83 at the interbank forex market then gained further ground to touch 68.79 per dollar, displaying gains of 16 paise over its previous close. read more

The rupee opened strong at 69 at the interbank forex market then gained further ground to touch 68.92 per dollar, displaying gains of 15 paise against the greenback. read more

The AISAM, which is basically a Group of Ministers (GoM), has to be reconstituted as Arun Jaitley and Suresh Prabhu are no longer ministers in the second innings of the Narendra Modi government. read more

The rupee opened weak at 69.40 at the interbank forex market and then fell further to 69.48, down 12 paise over its last close. read more

During Pompeo’s visit, New Delhi will seek Washington’s cooperation in getting reliable and affordable energy supply, especially after US sanctions that prohibited the import of Iranian crude from May, two government officials said. read more

Brent crude, the global oil benchmark, surged over 5 per cent on renewed tensions in the Middle East after Iran shot down a US military drone. read more