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Economy & Nation
Lower food prices ease India's August retail inflation
IANS
12 September 2018 To bookmark you need to sign in  0
Lower food prices eased India's August retail inflation to 3.69% from 4.17% in July, official data showed on Wednesday.   However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in August 2018 was higher than in the corresponding period last year, when it stood at 3.28...
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Economy & Nation
A decade after Lehman: Liberal democracy, open borders the biggest victims
Amit Kapoor (IANS)
11 September 2018 To bookmark you need to sign in  0
Ten years ago, on September 15, 2008, the dream run of the world economy came undone with the collapse of Lehman Brothers, revealing a rotten scaffolding of financial skulduggery beneath.   Lehman's failure had been the inevitable fallout of a systemic economy-wide pattern of...
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Economy & Nation
GDP Growth at 8.2%, But It May Not be Sustained, Says SBI
Moneylife Digital Team
01 September 2018 To bookmark you need to sign in  0
An upswing in manufacturing activity and revival of private investment, supported by strong consumer demand, accelerated India's gross domestic product (GDP) growth rate during the first quarter of FY2018-19 to 8.2%, official data showed.   While growth in gross value added (GVA) is a...
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Economy & Nation
Floating Rate Changes Not Satisfactory, RBI says
Sumit Sharma
31 August 2018 To bookmark you need to sign in  0
The Reserve Bank of India (RBI) emphasised the need to improve transparency in interest rates that banks use to give loans to consumers on floating rate basis.    The RBI introduced the system of MCLR, or the marginal cost of funds-based lending rate, in 2016 to improve the efficiency...
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Economy & Nation
GDP May Grow 7.4% in 2018-19 vs 6.7%, Says RBI
Sumit Sharma
31 August 2018 To bookmark you need to sign in  0
India’s real gross domestic product (GDP) is likely to grow 7.4% in the year ending March 2019, up from 6.7% a year ago, the Reserve Bank of India (RBI) said.     Helping a pick-up in economic activity is improving corporate sales, pick up in manufacturing and mining, agricultural...
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