Economy

Washington: International Monetary Fund (IMF) staff and debt-ridden Sri Lankan authorities on Thursday reached a staff-level agreement to support Sri...

New Delhi: A sustained improvement in demand boosted new orders for Indian manufacturers during August, which pushed manufacturing output growth to a...

New Delhi: Rating agency Moody's Investors Service has once again lowered India's economic growth forecast for 2022 to 7.7 per cent.In May, it downgraded...

New Delhi: Powered by a favourable base effect, India's gross domestic product (GDP) grew 13.5 per cent in the first quarter of the current financial year...

Mumbai: India's foreign exchange (forex) reserves dipped by $6.687 billion to $564.053 billion for the week ended August 19, the lowest level in more than...

New Delhi: Highlighting the recovery of the economy and flow of investment post-COVID pandemic, Union Finance Minister Nirmala Sitharaman on Friday said...

New Delhi: Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS...

Mumbai: Reserve Bank of India (RBI) on Wednesday lifted restrictions on American Express Banking Corp. With the lifting of the ban, American Express will...

Muscat: The inflation rate in the Sultanate of Oman reached 2.6 per cent in July 2022, according to the latest data issued by the National Centre for...

New Delhi: The ongoing sluggish economic growth in the US is expected to continue through the end of 2023 as moderate gains in consumer spending and...