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The Reserve Bank of India raised its inflation projection for this fiscal year to 6.7 percent from 5.7 percent earlier

India’s inflation may ease gradually in second half of FY23 despite global headwinds, says...

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Indian inflation expected to cool from October Speaking at the Kautilya Economic Conclave Shaktikanta Das, Governor, Reserve Bank of India (RBI) said that the inflation...
The buoyant economy creates favorable operating conditions for the country's banks, besides their loan performance and profitability are improving

Ukraine-Russia war crisis won’t derail recovery in Indian economy, says Moody’s Analytics

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India's economy back on track post-pandemic, ongoing Ukraine war: Moody's Global financial services provider firm Moody's Analytics said India's economy is back on track after...
The rupee breached the 77-degree for the very first time to strike an all-time low of 77.53 versus the US greenback

Rupee breaches 77/$, hits historic low of 77.53 as inflation anxieties rise

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Amid inflation rise, the rupee plunges historic low of 77.53 The rupee sank to a record low as the dollar gained against major global currencies...
The two leaders held discussions on the entire range of bilateral issues, including cooperation in defence, space, blue economy, civil nuclear, and people-to-people ties

India-France express serious concerns over Ukraine, global food security and Afghanistan

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India-France discuss issues including situation in Ukraine and Afghanistan In Paris, Prime Minister Narendra Modi and French President Emmanuel Macron held meeting in one-on-one and...
The decision taken today to raise the repo rate may be seen as a reversal of rate action of May 2020

RBI hikes repo rate by 40bps to 4.40%, CRR by 50bps, cites inflation worries

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Sensex crashes 1,307 points after RBI's rate hike surprise Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee...
Import of luxury goods such as cars, motorbikes above 250 CC, Colour TV above 32 inches, tobacco, and whisky have been halted for the time being to save foreign currency depletion

Nepal imposes ban on imports of luxurious items to save foreign currency and prevent...

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Nepal bans foreign liquor and TVs to avert forex crisis Nepal on Wednesday morning officially announced a ban on the import of cars and other...
Foreign Minister S Jaishankar panned Europe for questioning India’s Russia-Ukraine policy

EAM Jaishankar tells Europe to look beyond Ukraine; ‘Afghanistan was thrown under the bus’

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Ukraine war 'wake-up' call for Europe to look at developments in Asia External Affairs Minister S Jaishankar on Tuesday countered criticism of India's position on...
Will the European Commission President visiting India, will this lead to increased co-operation between the EU and India?

India and European Union to establish Trade and Technology Council

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EU can find an excellent workforce in India India and the European Commission on Monday agreed to launch a European Union (EU) Trade and Technology...
The purpose of this article is to express the anguish of the common people across the world and to call upon the international community

Can the Russia – Ukraine war be ended soon?

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How and when will the war end? Russia - Ukraine war has entered the 8th week, and yet the world is watching by helplessly. Every...
India's merchandise imports in March 2022 increased by 24.21 percent over last year to $60.74 billion from $48.90 billion

India’s merchandise exports for March surge over 19% YoY basis

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Merchandise exports surge over 19%, imports 24% As per the official data released on Wednesday, India's March 2022 merchandise exports rose to $42.22 billion, higher...

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