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  India beats UK to become world's fifth largest economy

  Business | September 03, 2022 9:02 IST

  India world's fifth largest economy: The report stated that the size of the Indian economy in 'nominal' cash terms in the March quarter was $854.7 billion.

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  Indian economy seeing green shoots! Grows 13.5% in June quarter - fastest in a year

  Business | August 31, 2022 18:27 IST

  GDP Growth: Many analysts had projected the Indian economy will expand at a double-digit growth rate due to the base effect.

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  High inflation globally to stay longer as war and sanctions take toll on economies: RBI report

  Business | June 30, 2022 23:23 IST

  The global economic outlook is clouded by the ongoing war in Europe and the pace of monetary policy tightening by central banks in response to mounting inflationary pressures, Reserve Bank of India (RBI) report said.

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  Why Sri Lanka's economy collapsed and what's next | Explained

  World | June 23, 2022 15:59 IST

  Prime Minister Ranil Wickremesinghe, who took office in May, was emphasising the monumental task he faces in turning around an economy he said is heading for “rock bottom.” Sri Lankans are skipping meals as they endure shortages, lining up for hours to try to buy scarce fuel. It's a harsh reality for a country whose economy had been growing quickly, with a growing and comfortable middle class, until the latest crisis deepened.

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  Pakistan PM Shehbaz Sharif lays stress on 'political stability' for economic growth

  World | June 08, 2022 14:31 IST

  Shehbaz Sharif highlighted the difference between economic development in the initial 25 years of Pakistan's creation 75 years back and said that the economic development after that has a "stark" difference.

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  Will ensure availability of adequate liquidity for productive requirements of economy: RBI Governor

  Business | June 08, 2022 13:00 IST

  RBI will remain focused on orderly completion of the government's borrowing programme.

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  US surpasses China as India's biggest trading partner in FY22 at $119.42 billion

  Business | May 29, 2022 21:09 IST

  According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at USD 119.42 billion as against USD 80.51 billion in 2020-21.

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  Indian economy witnessing 'V-shaped recovery' due to Centre's efforts amid COVID: Rajnath Singh

  India | May 15, 2022 9:04 IST

  Rajnath Singh was addressing a workshop on financial market organised by Lucknow branch of CIRC of ICAI in Lucknow on Saturday.

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  Mann Ki Baat | PM Modi says small online payments helping build big digital economy

  India | April 24, 2022 12:23 IST

  "Mann ki Baat" is the Prime Minister's monthly radio address, which is broadcast on the last Sunday of every month at 11 am.

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  India’s high growth rate positive news for world: IMF MD Kristalina Georgieva

  Business | April 21, 2022 7:00 IST

  The IMF, early this week, projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than China’s 4.4 per cent.

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  Cash-starved Sri Lanka imposes power cuts as crisis deepens

  World | February 22, 2022 19:05 IST

  Electricity will be switched off on a rotating basis between regions between 4:30 pm and 10:30 pm, according to officials. The state-owned Ceylon Electricity Board had requested permission for the cuts as fuel shortages had caused the loss of 541 MW to the national grid.

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  US inflation jumped 7.5% in the past year, highest in 40 years

  Business | February 10, 2022 20:43 IST

  The Labour Department said Thursday that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.

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  'Some bright spots, number of very dark stains': Raghuram Rajan on Indian economy

  Business | January 23, 2022 12:11 IST

  Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic.

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  'India's $900 million aid helped prevent immediate economic crisis': Sri Lanka's top economist

  World | January 15, 2022 23:31 IST

  On Thursday, India announced a USD 900 million loan to Sri Lanka to build up its depleted foreign reserves and for food imports, amid a shortage of almost all essential commodities in the island nation. The Indian High Commissioner to Sri Lanka Gopal Baglay met the Central Bank Governor Ajith Nivard Cabraal and “expressed India’s strong support to Sri Lanka in the wake of RBI extending over USD 900 million facilities over the last week”.

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  Sri Lanka could go bankrupt this year as inflation soars high

  World | January 02, 2022 23:59 IST

  Inflation hit a record high of 11.1 per cent in November and escalating prices have left those who were previously well off struggling to feed their families, while basic goods are now unaffordable for many, The Guardian reported.

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  Shocking report from Pakistan, around 37 percent population struggling to get food

  World | December 07, 2021 19:19 IST

  Dr. Rubaba Khan Buledi, president of the Women's Parliamentarian Forum in the Balochistan Legislative Assembly, disclosed peoples' condition in the country and expressed concern about the future.

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  Pakistan's total debt, liabilities cross Rs 50 trillion - more than country's GDP

  World | November 25, 2021 13:27 IST

  The Pakistan PM said that the rising foreign debts and low tax revenue had become an issue of 'national security'.

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  'We don’t have enough money to run our country': Pak PM Imran Khan

  World | November 23, 2021 23:00 IST

  "Our biggest problem is that we don’t have enough money to run our country due to which we have to borrow loans,” said Pak PM Imran Khan.

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  Sri Lanka: Thousands protest amid deteriorating economic conditions, fuel shortage

  World | November 17, 2021 12:49 IST

  The march came as Sri Lankan Parliament debated the national budget for 2022.

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  India to become USD 5 trillion economy by 2024-25: Hardeep Puri

  Business | October 22, 2021 12:23 IST

  On Air India privatisation, minister Hardeep Puri said given the fact that both the bids were higher than the reserved price, only proved that Air India was a first-rate asset.