economy

ONI Bureau:  Continuing its slide, the Indian rupee touched another fresh low of 72.35 on Monday, weakening by 62 paise from its previous close of 71.73 per US dollar. Around 10.30 a.m., the rupee traded at 72.32 per greenback. It had…

ONI Bureau:  The Indian rupee hit a new all-time low of 71.37 per dollar on Tuesday tracking a similar trend among its global peers and amid concerns of trade war escalation. It opened at 71.24 per dollar surpassing the previous low of…

ONI Bureau:  India will shortly unveil a one-nation-one-card policy for public transport that will bring seamless connectivity between various modes of transport, NITI Aayog CEO Amitabh Kant said on Monday. He said a robust…

The Indian rupee plunged to a fresh record low of just over 71 to a US dollar during the morning trade session on Friday. Around 10 a.m. the Indian rupee was pegged at 70.97-98 to a US dollar after it touched 71 to a US dollar -- the…

The Indian rupee plunged to a fresh record low of 70.82 against US dollar during the morning trade session on Thursday. Around 10.00 a.m. the Indian rupee was pegged at 70.68 after it touched 70.82 to a US dollar -- the lowest ever mark…

The Indian rupee plunged to a fresh record low of 70.55 to a US dollar during the noon-trade session on Wednesday. Around 12.30 p.m. the Indian rupee plunged to a fresh record low of 70.55 to a US dollar. It opened the day's trade at…

A major deadline in the process of resolving the country's most pressing corporate and banking problem of non-performing asset (NPA)s, or bad loans, is ending on Monday with the RBI having set a six-month time frame for finalising…

The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19. "On the basis of an assessment of the current and evolving macroeconomic…

A trade war between China and the US -- the world's largest economies -- began on Friday as the two sides started slapping additional tariffs on each other's goods, worth nearly $70 billion, a development that could impede global economic…

ONI Bureau:  A step towards doubling farmers' income, the Cabinet Committee on Economic Affairs on Wednesday hiked the minimum support price for paddy by 200 rupees per quintal from Rs 1,550 per quintal to Rs 1,750 while that of Grade A…