#indianeconomy
Latest Indian Economy News
Stay up to date Latest News On Foreign Exchanges and The Indian Economy On Trade Brains News. Follow us on Google News to read Top Stock Market News!
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Latest News on Indian Economy
TMC trade union arm burns PM’s effigy, protests against Centre’s policies on jute
Kolkata, May 4 (PTI) The Indian National Trinamool Trade Union Congress (INTTUC) Wednesday burnt the effigies of Prime Minister Narendra Modi and Union Textiles Minister Piyush Goyal at a rally against Centre's policies on jute here. The agitators submitted a memorandum to the Jute Commissioner Moloy Chandan Chakraborty alleging that the Centre's policies were crippling [...]
UK bans services exports to Russia over Ukraine conflict
The UK government on Wednesday announced a ban on services exports to Russia over the ongoing conflict with Ukraine, cutting Moscow off any business with UK sectors such as management consultancy, accountancy and public relations. UK Foreign Secretary Liz Truss said the latest set of measures will mean Russia’s businesses can no longer benefit from [...]
RBI’s policy rate hike likely to hit housing demand: Realty industry
The Reserve Bank's decision to hike key policy rates will impact the growth of real estate industry and may hit the housing demand, according to industry players. The Reserve Bank of India (RBI) on Wednesday hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation. It also raised [...]
Hiring right talent, upskilling topmost priority for India Inc: Study
Mumbai, May 4 (PTI) Hiring the right talent, upskilling and reskilling of workforce are the top priorities for India Inc this year amidst several challenges such as employee engagement, health concerns and productivity, according to a study. Hiring the right talent at the right cost remains one of the top concerns for 71 per cent [...]
cKers Finance invests USD 1 Million in Gradiant’s industrial wastewater recycling & re-use project
NEW DELHI, May 4, 2022 /PRNewswire/ -- cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain [...]
Potential market opportunities open up for India due to geopolitical conditions: RBI
Reserve Bank Governor Shaktikanta Das on Wednesday said recent trade agreements and geopolitical conditions open up potential market opportunities for India. Observing that India's external sector has remained resilient amidst formidable global headwinds, he said provisional data suggest that merchandise exports remained strong in April 2022 and services exports reached a new high in March [...]
EMIs to rise as RBI hikes repo rate by 40 bps; raises CRR by 50 bps
Mumbai, May 4 (PTI) Home, auto and other loan EMIs are likely to increase after the Reserve Bank of India (RBI) hiked its key interest rate by 40 bps in a surprise move on Wednesday in an effort to tame inflation that has remained stubbornly above target in recent months.The increase in repo rate - [...]
Lanka’s usable foreign reserves drop to record low, FM hails India’s support at IMF
Colombo, May 4 (PTI) Sri Lanka's Finance Minister Ali Sabry on Wednesday hailed India's assistance during its talks with the IMF to seek a bailout to evade the country's worst economic crisis, as the island nation's usable foreign reserves dropped to less than USD 50 million. Making a speech in Parliament on the IMF negotiations [...]
Sensex plummets 1,300 pts as RBI wrongfoots markets; investors lose Rs 6.27 lakh cr
Mumbai, May 4 (PTI) Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation. The move came just ahead of the Federal Reserve's policy decision, with analysts expecting a similar move by the US central bank as well as [...]
Govt’s wheat purchases set to halve; no plans to curb exports: Food secretary
New Delhi, May 4 (PTI) The Centre's wheat procurement is set to decline by more than half to 19.5 million tonnes in the the current rabi marketing year amid higher exports and likely fall in output, food secretary Sudhanshu Pandey said on Wednesday, and asserted there won't be any concern for meeting the domestic demand [...]
EMIs will rise as RBI hikes repo rate by 40 bps; raises CRR by 50 bps
Home, auto and other loan EMIs are likely to increase after the Reserve Bank of India (RBI) hiked its key interest rate by 40 bps in a surprise move on Wednesday in an effort to tame inflation that has remained stubbornly above target in recent months. The increase in repo rate - the rate at [...]
India excludes 1,157 products from ambit of free trade pact with UAE
New Delhi, May 4 (PTI) India has kept out as many as 1,157 products, including TVs, picture tubes, soaps, toys, footwear, instant coffee, sharbat, and petroleum waxes, from the ambit of its free trade agreement with UAE. The pact came into force on May 1. Given the sensitivities of these products for the domestic industry, [...]
Economy faces headwinds from global spillovers: RBI
Mumbai, May 4 (PTI) The RBI on Wednesday cautioned that while the Indian economy appears capable of weathering the deterioration in geopolitical conditions amid the ongoing Russia-Ukraine war, it faces headwinds from global spillovers from geopolitical tensions, elevated commodity prices and moderating external demand.The RBI, however, did not tinker with the GDP growth projection made [...]
RBI hikes interest rate by 40 bps to 4.40%; borrowing to become expensive
In a move that will raise borrowing costs for corporates and individuals, the RBI on Wednesday after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation that has remained stubbornly above the target of 6 per cent for the last three months. The [...]
Power crisis: Maharashtra, Rajasthan, West Bengal couldn’t build up coal stocks due to pending dues
New Delhi, May 4 (PTI) Huge outstanding dues worth about Rs 7,918 crore of state-run power generating companies have resulted in less dispatch of coal especially to the states with high dues like Maharashtra, Rajasthan and West Bengal, according to an official note. Several parts of the country are grappling with power outages on account [...]
India, Denmark to further strengthen Green Strategic Partnership
Copenhagen, May 3 (PTI) India and Denmark on Tuesday agreed to further strengthen the Green Strategic Partnership with a focus on green hydrogen, renewable energy and wastewater management. “During our discussions, we reviewed the joint work plan for the green strategic partnership. I am happy that significant progress has been made in various fields, especially [...]
Experts sceptical about CMIE’s unemployment data
Kolkata, May 3 (PTI) Economists on Tuesday are not convinced about the latest monthly unemployment data released by the Centre for Monitoring India Economy (CMIE), particularly about the statistics of the rural areas.They asserted that it is difficult to get the real picture of unemployment from the methodology used by the CMIE to get the [...]
MRAI’s premier event to highlight the importance of recycling
9th Indian Material Recycling Conference (IMRC) of Material Recycling Association of India (MRAI), which is one of the foremost events in the recycling industry, is all set to take place at Leela Ambience Convention Hotel, Shahdara, Delhi between May 5-7, 2022. The conference is meticulously planned to focus on various topics and sessions such as [...]
BSE smallcap, midcap indices skid up to 4 pc this year so far; Sensex down 2 pc
New Delhi, May 3 (PTI) The BSE smallcap and midcap indices have underperformed the benchmark gauge so far this year, falling up to 4 per cent, with experts saying a hawkish US Fed and soaring inflation may lead to more market volatility in the near term. Domestic equity markets have faced many headwinds in recent [...]
Philippines safe and ideal place to travel amid pandemic: Official
Manila, May 3 (PTI) The Philippines Tourism Secretary Bernadette Romulo-Puyat has said the Southeast Asian country, comprising 7,641 islands in the western Pacific Ocean, is now a safe and ideal global tourist destination amid the pandemic.In the nearly two years when international travel was put on hold, the Philippines was busy preparing for the day [...]
Frequently Asked Questions
1. What is GDP in an Economy?
Gross domestic product (GDP) is the standard measure of the value-added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production or the total amount spent on final goods and services (less imports).
2. What type of news will you get on the Economy section?
Economy news section on Trade Brains News will provide you with the news on the Indian economy and the factors that affect it. It will also provide you with news on retail inflation, foreign exports and imports and more. Stay updated with news on the Indian economy on Trade Brains News.
3. What is inflation in an economy?
Inflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.
What is Retail Inflation?
Retail Inflation, refers to the rate of inflation based on the Consumer Price Index (CPI), The CPI is an index that tracks the daily consumption of households and the change in the price of the goods and services these households spend on.