India rupee at record lows, but RBI intervention slows slide

The partially convertible rupee was trading at 78.75/76 per dollar by 0745 GMT, compared to its close of 78.34 on Monday. The unit touched an all-time low of 78.7750 just earlier in the session.

India's current account deficit to widen in FY23, says brokerage Edelweiss

The high merchandise trade deficit coupled with the fund outflow from financial markets has weakened India's external account or balance of payment position.

India aims to keep FY2023 fiscal deficit at last year's level, sources say

Efforts to maintain some fiscal discipline reflect New Delhi's concern around risks to its sovereign credit rating, but will likely limit the government's firepower to contain inflation and provide relief to households and businesses.

India better placed to avoid stagflation, says RBI article

The article, published in the RBI's June bulletin, noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and financial market volatility have led to heightened uncertainty.

Mid-term fundamentals solid; India better placed than peers to face economic challenges: CEA

Speaking at the finance ministry's iconic week celebrations of 'Azadi ka Amrit Mahotsav', Nageswaran said India has emerged out of the previous decade with its financial system well repaired, improved, and strong balance sheet.

Financials turn green after RBI raises repo rate, retains GDP growth forecasts

Among sectors, rate-sensitive sectors recovered from day's low post the policy announcement. Nifty Bank and Nifty Fin Services were flat but in the green after falling around half a percent each.

World Bank cuts India's economic growth forecast to 7.5% for FY23

World Bank cuts India's economic growth forecast to 7.5 pc for FY23

India 10-year bond yield hits more than 3-year high, RBI policy eyed

India's benchmark 10-year bond yield ended trading at 7.4996%, up 4 basis points from its previous close. The yield rose as high as 7.5143%, its highest since March 20, 2019.

What does the future hold for the Indian economy post Q4 GDP numbers?

Since economic liberalisation, the Indian economy has been driven by consumption, which accounts for&nbsp;more than 56% of total GDP. Gross fixed capital formation (GFCF), a measure of investment in the economy, has risen to 47.8 lakh crore, which is a 15 per cent jump from the first pandemic year.

Trillions at Stake in India as Women Disappear From Workforce

Photo by Charles Forerunner

A small fraction of women in India had formal employment before the pandemic. Covid made it so much worse.

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India rupee at record lows, but RBI intervention slows slide

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