The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on Wednesday to raise the benchmark policy rate by 50…
When the Federal Reserve tightens, the Reserve Bank of India tries to defend its currency once more. Analysts expect it to launch a more limited…
On Tuesday, oil prices fell more than 1%, continuing the previous day’s severe drop, as coronavirus lockdowns in China’s main oil importer, a strong dollar,…
On Monday, India and the European Union (EU) decided to form a Trade and Technology Council, a strategic mechanism to address the issues of assuring…
India risks a repeat of last summer’s power outages as soaring temperatures boost demand for coal that’s used to generate about 70 percent of the country’s…
The 36-hour long curfew that was imposed on Sri Lanka on Saturday evening has been lifted on Monday at 6 am but the country is still…
Prime Minister Narendra Modi on Monday said the Union Budget for 2022-23 will be of great help in implementing the National Education Policy on the ground and…
The World Bank has called on developing countries to improve the health of their financial sectors, warning that risks created by the COVID-19 pandemic had…
India’s manufacturing activities moderate in January as new orders, production expand at slower pace
India’s manufacturing sector activities moderated in January as new orders and production expanded at a slower rate as the new wave of COVID-19 restricted growth…
India splurged a record $55.7 billion on gold imports in 2021, buying more than double the previous year’s tonnage as a price drop favoured retail…