Industrial Production Contracts 1.6% In January: All You Need To Know
Edited by Nikita Prasad (With inputs from Agencies) | Friday March 12, 2021Index of Industrial Production, January 2021: The indices for the mining, manufacturing and electricity sectors for the month of January 2021 stand at 119.7, 135.1 and 164.2 respectively
Retail Inflation Rises To 5.03% In February Amid Rise In Food, Fuel Prices
Edited by Nikita Prasad (With inputs from Agencies) | Friday March 12, 2021Retail Inflation in India: The retail inflation rose to 5.03 per cent in February 2021, due to rise in fuel and food prices, according to government data released on Friday
Post-Brexit UK Overtakes India To Become 4th Most Favoured Investment Destination: Report
Reuters | Friday March 12, 2021The top three - the United States, China and Germany - were unchanged from the previous year's PwC survey, while Britain and India swapped positions.
India Likely To Be Included In Global Bond Index By October: Report
Reuters | Friday March 12, 2021Since 2019, India has been working toward getting included in global bond indexes as rising government borrowing has necessitated opening the largely domestic bond market to a broader investor base.
Petrol, Diesel Prices Steady For Thirteenth Straight Day
Edited by Abhishek Vasudev | Friday March 12, 2021Petrol and diesel prices were kept steady for thirteenth straight day on Friday across the four metro cities in the country.
The Winners and Losers From Surging Oil Prices
Paul Wallace, Bloomberg | Thursday March 11, 2021Oil has climbed 75 per cent since the start of November as major economies vaccinate their populations and reopen after the pandemic shut down factories and grounded planes
Rate-Hike Bets Rise In India On Fears Of Tighter Monetary Policy
Subhadip Sircar, Bloomberg | Wednesday March 10, 2021Rate-hike wagers are building around the world as optimism over an economic rebound is complicated by concern that inflation is quickening following an unprecedented period of rock-bottom borrowing costs
India's Retail Inflation Probably Rose In February: Poll
Reuters | Wednesday March 10, 2021The March 5-9 poll of over 50 economists showed retail inflation climbed to 4.83 per cent in February from January's 4.06 per cent
Refiners Asked To Cut Reliance On Middle East Oil After OPEC+ Decision: Report
Reuters | Tuesday March 09, 2021Most of the OPEC+ producers, led by world's top exporter Saudi Arabia, last week decided to extend most output curbs into April.
Fiscal Steps Taken By Government Led To Positive Growth: Nirmala Sitharaman
Press Trust of India | Monday March 08, 2021The minister further said that the gradual unlocking of the economy has eased supply-side disruptions enabling inflation to decline from 7.6 per cent in October, 2020 to 4.1 per cent in January 2021.
Committee Formed For Exploring Cryptocurrency As Legal Tender: Anurag Thakur
ANI | Saturday March 06, 2021Minister of State for Finance Anurag Thakur said that a High-Level Inter-Ministerial Committee was constituted by the government to accept cryptocurrency as a lawful and legal tender in India
India To Appeal Arbitration Ruling In $1.3 Billion Tax Dispute With Cairn
Reuters | Friday March 05, 2021In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached its obligations to Cairn under the U.K.-India Bilateral Investment Treaty
Government Says OPEC+ Decision To Hit Economic Recovery
Reuters | Friday March 05, 2021Rising oil prices are posing fiscal challenges for India, where heavily-taxed retail fuel prices have touched record highs in some parts of the country.
At $67.54 Billion, India Attracted Highest Ever FDI In First Nine Months Of A Fiscal
Edited by Nikita Prasad (With inputs from Agencies) | Thursday March 04, 2021The total FDI amount was 22 per cent higher as compared to $ 55.14 billion received in the first ninth months of 2019-20, according to data released by the Ministry of Commerce
Government Asks OPEC+ To Fulfill Promise Of Price Stability: Oil Minister
Reuters | Thursday March 04, 2021Oil prices have recovered from last year's price crash spurred by the pandemic, helped by production cuts by the OPEC+ group.
