The 6.9 per cent estimate is a notch lower than 7 per cent growth estimated by the Central Statiscs Office (CSO) for the current fiscal. read more

Forex dealers said, strengthening of the American currency in overseas market weighed on the domestic currency. read more

Saudi’s participation in the Indian Strategic Petroleum Reserve program was discussed at a meeting between the kingdom’s Energy Minister Khalid Al-Falih and his Indian counterpart Dharmendra Pradhan read more

At the Interbank Foreign Exchange (forex) market, the domestic unit opened almost flat at 71.08. It then shuttled between a low of 71.49 and a peak of 70.94, before finally ending at 71.24, showing a loss of 17 paise. read more

Major indices Sensex and Nifty fell for the ninth consecutive trade session on Tuesday after heavy selling in the final hour of the trade on account of profit booking. read more

The fiscal impulse of 0.4% of GDP appears a reasonable carve out for boosting growth in the current environment read more

While overall demand remained subdued, expectations of a financial package for farmers in the government’s February 1 interim budget is stoking hopes for a revival in rural consumption. Here’s a breakdown of the dashboard: read more

Oil prices fell 1 percent on Monday after US companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the world’s second-largest oil user, reported additional signs of an economic slowdown. read more

The choices India makes on the fiscal, monetary and reform front now will have a profound impact read more

India is projected to grow at 7.5 per cent in 2019 and 7.7 per cent in 2020, an impressive over one percentage point ahead of China’s estimated growth of 6.2 per cent in these two years, the IMF said, attributing the pick up to the lower oil prices and... read more

At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 71.38 and fell further to touch the day’s low of 71.53. read more

The rupee gained further ground and touched a high of 71.13 amid easing crude prices, displaying gains of 11 paise over its previous close against the greenback. read more

Pakistan wants to attract investment and other financial support to tackle a soaring current account deficit caused partly by rising oil prices. read more

The rupee “may be leading the divergence within EM Asia and unless oil’s trajectory changes it will be a short,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. read more

The rupee on Thursday appreciated 14 paise to 70.32 against the US dollar in early trade amid weakness in the American currency on uncertainty over Federal Reserve rate hikes following the release of Fed meet minutes. read more