Economy - general
Deposit by Indians in Swiss banks rose by 50%
29 Jun 2018
Money stashed away by Indians in Swiss banks rose over 50 per cent at the end of 2017, compared to 2016, figures from Switzerland's central bank show
IMF suggests 3-step formula for India to sustain high growth
29 Jun 2018
The IMF said on Friday India should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, to continue the high growth rate it has achieved
No country for women: India ranked worst, below Afghanistan, Syria
26 Jun 2018
India is the world's most dangerous country for women – ranked even worse than war-torn Afghanistan and Syria - due to the high risk of sexual violence and being forced into slave labour, according to a Thomson Reuters Foundation survey
India seeks $2.4 billion funding from AIIB
25 Jun 2018
India is the largest recipient of the investment finance from the AIIB, having secured 28 per cent of the $4.2 billion funds disbursed by the multilateral lender so far
Rupee turns volatile on US-China trade war fears
20 Jun 2018
Global currency markets wilted after US President Donald Trump ordered another round of tariffs on Chinese goods, after initially targeting Chinese technology products worth $50 billion, prompting retaliatory action by China
Mumbai flooded in monsoon's first heavy rainfall
07 Jun 2018
The weather office has warned of heavy rainfall in the next few days and, with roads and rail tracks flooded in several parts of the city, civic authorities have advised people to stay indoors
World Bank sees India’s GDP growing at 7.3% in 2018-19
07 Jun 2018
India will remain the fastest growing economy for the next three years, with GDP growth of 7.3 per cent in 2018-19 and 7.5 per cent in the next two as ‘factors holding back growth in India fade’, says a World Bank report
RBI hikes repo rate by 25 bps to 6.25%
06 Jun 2018
The hike in the repo rate, which follows a sharp rise in consumer price inflation rate to 4.6 per cent in April, is also intended to tame rising inflation, RBI said