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July 13, 2022 9:25 AM
Finance Minister Nirmala Sitharaman has said a recent UNDP report shows that inflation will have only a negligible impact on poverty in India. She added that targeted transfers help poorer households cope with price spikes. The Finance Minister said this while quoting the UNDP study on Twitter. She ...
July 12, 2022 8:51 PM
The Index of Industrial Production (IIP) jumped 19.6 percent in May this year as against 7.1 percent in preceding month. According to the data released by the National Statistical Office released today, the manufacturing sector's output grew 20.6 percent in May this year while the mining ou...
July 12, 2022 8:50 PM
Retail inflation, based on the consumer price index (CPI), eased to 7.01 per cent in June this year compared to 7.04 per cent in preceding month. As per the Ministry of Statistics and Programme Implementation data released today, inflation eased marginally mainly due to easing prices in 'Fo...
July 12, 2022 8:40 AM
RBI has set up a mechanism to settle trade payments in Indian rupee. The central bank has put in place this additional arrangement for invoicing, payment, and settlement of exports and imports in rupee. The move is aimed at promoting growth of global trade with emphasis on exports from India and to ...
July 8, 2022 8:08 PM
Centre has directed leading edible oil associations to reduce prices of edible oils by 15 rupees in the MRP with immediate effect. It has also advised that the price to distributors by the manufacturers and refiners also needs to be reduced immediately so that the price drop is not diluted in any wa...
July 8, 2022 8:14 AM
Finance Minister Nirmala Sitharaman chaired a meeting with heads of Public Sector Banks and Regional Rural Banks in New Delhi yesterday. She reviewed Operational and Governance reforms in RRBs and performance of Kisan Credit Card scheme for Animal Husbandry, Dairying, and Fisheries. The Minister ins...
July 7, 2022 8:43 PM
Captive and commercial coal blocks production has gone up by 79 percent to 27.7 million tonne during first quarter of this financial year. The Coal Ministry in a statement today said, coal production has gone up to 27.7 million tonne as compared to 15.5 million tonne during the same period in last f...
July 7, 2022 7:49 PM
Global crude oil prices today gained around one percent. In intra-day trade, Brent crude was trading at 100 dollars and 50 cents per barrel while WTI crude prices were at 99 dollars and 70 cents per barrel.
July 7, 2022 6:54 PM
In the forex market, the rupee today appreciated 12 paise against the US dollar. The domestic unit closed at 79 rupees and 18 paise against the American currency. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, fell 0.12 percent b...
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Last Updated: 13th Apr 2026
