Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Monday, March 08, 2021

economy

Federal Reserve slashes interest rates to zero

The Federal Reserve announced it would drop interest rates to zero and buy at least $700 billion in government and mortgage-related bonds as part of ...

Retail inflation cools to 6.58% in Feb

Retail inflation dropped for the first time after six months in February, easing to 6.58 per cent as prices of vegetables and other kitchen items coo...

Indian economy to benefit from slump in oil prices

The Indian economy will likely see significant benefits in the form of lower current account deficit, reduced inflation and higher GDP following a sl...

82% women prefer mutual funds, stocks for investment: Survey

A survey has showed that as many as 82 per cent women are preferring stocks and mutual funds to meet their investment goals. The survey conducted by ...

COVID-19 outbreak could cost global economy up to USD 2 trillion

The coronavirus outbreak could cost the global economy up to USD 2 trillion in 2020, the UN's trade and development agency said, warning that shock f...

Coronavirus impact on Indian economy will be limited: RBI Governor

Reserve Bank governor Shaktikanta Das assured that the central bank will take every measure needed to secure the economy against the challenges arisi...

GST collections at Rs 1.05 lakh cr in Feb

The government has collected Rs 1.05 lakh crore as GST revenue in February, up 8 per cent over the same month last year. The collection from Goods an...

Govt to launch monthly GST lottery scheme from Apr 1

The government is planning to launch lottery offer under the Goods and Services Tax (GST) from April 1 by conducting lucky draws every month for invo...

Coronavirus hammers China's February economic activity

China's manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive damage the deadly co...

Forex reserves up by USD 29 mn to record USD 476.12 bn

India's foreign exchange reserves inched up by USD 29 million to a fresh lifetime high of USD 476.122 billion in the week to February 21, aided by an...

GDP growth slips to 4.7% in December quarter

India's economic growth slowed to 4.7 per cent in October-December 2019, according to official data released on Friday. The Gross Domestic Product (G...

Sensex tanks 807 pts as coronavirus alarm spreads

Indian equity benchmark Sensex plunged about 807 points in line with massive sell-offs in global equities as spike in new coronavirus cases beyond Ch...

Gold soars Rs 953 on weaker rupee, global cues

Gold prices soared Rs 953 to Rs 44,472 per 10 gram in the national capital on weaker rupee and rise in global prices, according to HDFC Securities. T...

RBI reviewing monetary policy framework: Governor

The Reserve Bank of India is reviewing the retail inflation targeting framework behind monetary policy decision as well as its effectiveness and also...

Coronavirus outbreak to hit global growth: RBI Governor

The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size of the C...

Govt will meet fiscal deficit targets: RBI Governor

Throwing his weight behind Finance Minister Nirmala Sitharaman's budget numbers, Reserve Bank Governor Shaktikanta Das has said that there is no reas...

Moody's cuts India's growth projection to 5.4% for 2020

Moody's Investors Service slashed India's growth forecast to 5.4 per cent for 2020 from 6.6 per cent projected earlier on slower than expected econom...

WPI inflation rises to 3.1% in January

Wholesale prices-based inflation rose to 3.1 per cent in January, as against 2.59 per cent in the previous month due to increase in prices of food ar...

Gold drops Rs 128, silver prices plunge Rs 700

Gold fell Rs 128 to Rs 41,148 per 10 grams on Wednesday in the national capital amid fall in global prices of the yellow metal, according to HDFC Sec...

Economy not in trouble, green shoots visible: Minister

Finance Minister Nirmala Sitharaman said the economy is not in trouble and green shoot are visible with the country moving towards a USD 5 trillion e...