RBI's policy reflects very balanced approach: FinMin

The Finance Ministry today said the monetary policy reflects a very balanced approach on the part of the Reserve Bank in promoting growth and managing inflation. Talking to a private news channel, Economic Affairs Secretary Shaktikanta Das said that the RBI's announcement is on expected lin...

Indo-China Border Trade through Nathula concludes

Govt floats idea of country's first gold exchange

Economy in midst of recovery though weaknesses remain: Raghuram Rajan

Govt imported 1.9 million tonnes of pulses this fiscal to tide over shortage

1.9 million tonnes of pulses have been imported in the current fiscal to tide over the shortage of pulses. In the last fiscal, 1.46 million tonne pulses were imported. Food Minister Ramvilas Paswan told the Lok Sabha that imports are primarily undertaken by private traders but during the current yea...

GDP growth will be better this fiscal than last year: Arun Jaitley

Finance Minister Arun Jaitley has said that GDP in the current fiscal will be better than the 7.3 per cent growth rate recorded in the last financial year. Talking to reporters in New Delhi yesterday, Mr Jaitley said manufacturing sector recorded a significant growth of 9.3 per cent in the September...

RBI keeps repo rate unchanged at 6.75%, CRR at 4%

RBI's policy reflects very balanced approach: FinMin

The Finance Ministry today said the monetary policy reflects a very balanced approach on the part of the Reserve Bank in promoting growth and managing inflation. Talking to a private news channel, Economic Affairs Secretary Shaktikanta Das said that the RBI's announcement is on expected lin...

RBI's efforts to bring down inflation credit positive: Moody's

Moody's Investors Service has said that RBI's efforts in bringing down inflation is credit positive for the country. Moody's Investors Service Associate MD - Sovereign Risk Group, Atsi Sheth told PTI that they hope the central bank will continue to remain vigilant in stick...

Economic Affairs Secy hails 7.4% GDP growth in Q2, calls it positive sign for future

Economic Affairs Secretary Shaktikant Das has hailed the GDP growth of 7.4 percent in the second quarter and said, it is a positive sign for the future growth in the country. In an interview to a private news channel, Mr Das said, 9 percent growth in manufacturing was the key driver for this GDP gro...