Trump likely willing to end Iran war while giving up the Hormuz fightIran War: US President Donald Trump is reportedly willing to halt military action against Iran even if the Strait of Hormuz stays shut. The...
Rupee at record low of 92.43 vs USD; analysts warn of slide to 95 amid Iran warThe Indian rupee has reached a historic low. Worries about rising oil prices due to the Iran conflict are impacting the economy. Analysts p...
India's bank cash crunch likely temporary, analysts sayIndia's banking system liquidity surplus is poised to recover soon, analysts predict. Government spending and bond redemptions are expected...
GST revamp to add 30 bps to growth, say economistsIndia's economic growth is projected to receive a 0.2-0.3% boost due to the recent GST rationalization, simplifying the tax structure to tw...
US tariffs to hit India's GDP growth, prompt more rate cutsIndia's economic growth is expected to slow by 20-40 basis points this financial year, driven by new U.S. tariffs. Analysts predict deeper ...
Rupee to trade in narrowest range in about 30 years on RBI's actions: Reuters pollThe Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI) cont...
RBI may need to continue infusing longer-term liquidity, say analystsThe central bank will conduct a 14-day variable rate repo auction later on Friday-its first since February 2020-to infuse 500 billion rupee...
Rupee left behind in EM rally as RBI rebuilds foreign reservesThe rupee forecasts highlight the downside risk for the Indian currency, which analysts surveyed by Bloomberg expect to end the quarter at ...
Spurt in India's liquidity surplus may not sustain through FY endIndia's banking system liquidity surplus has averaged above 1.50 trillion rupees ($18.11 billion) on a daily basis from Dec. 1 to Dec. 14, ...
Q2 roundup: Indian cos get festive boost; almost 62% post profit riseThere is definitely a festive boost which cannot be denied and which is reflected in earnings performance, said Vivek Kumar, economist at M...
India’s foreign exchange reserves fall by $3 billion in the week ending August 26The reserves stood at $561.046 billion, before the US Jackson Hole Symposium which took place on August 26 and saw Fed chairman Jerome Powe...
India's external balance challenges, rupee woes worsened by record high trade deficitTrade deficit in Asia's third largest economy, India, widened to an all-time high of $31 billion, data on Tuesday showed, prompting concern...
Economic activity contracted sharply last weekQuantEco’s Daily Activity and Recovery Tracker(DART) index declined by 9.1% ona week on week basis, building on last week’s 2.0% drop. This...
CAD to widen as high global commodity prices, inflation may drive up imports: AnalystsThe foreign firm pegs India’s current account deficit (CAD) at 3.4 per cent of GDP in October-December, sharply higher than 1.3 per cent a ...
Import demand push, possible fall in exports due to Omicron may keep trade gap elevated, say analystsGrowth in exports eased to 26.5 per cent year-on-year in November from 43.1 per cent in October, while import growth was at 57.2 per cent y...
India's economy likely picked up in September quarter before Omicron spreadA Reuters survey of 44 economists projected GDP data - due out at 1200 GMT on Tuesday - will show 8.4% year-on-year growth in the September...
Braking monsoon slows sowing: Food price surge looms, but rate hike unlikelySeveral state governments have reportedly urged farmers to delay sowing of the kharif, or summer-sown, crop this season, with total cropped...