Economy - India Daily Digital

Inflation in India to come down to 4%: IMF

According to the IMF, the global inflation rate is projected to be 8.8 per cent this year and come down to 6.5 per cent next year…reports Asian Lite News The International Monetary

October 12, 2022

-Top News·Business·Economy

IMF chief warns of darker global outlook

The IMF estimates that countries accounting for about one-third of the world economy will experience at least two consecutive quarters of contraction this or next year….reports Asian Lite News Managing Director of

October 7, 2022

-Top News·Economy·World News

India likely to become third largest economy by 2029

India had surpassed UK as the 5th largest economy as early as December 2021 itself and not recently as is being claimed, reports Asian Lite News India is expected to become world’s

September 3, 2022

-Top News·Economy·India News

Banks write off Rs 10L cr in last 5 financial years

Gitanjali Gems topped the list of 25 wilful defaulters followed by Era Infra Engineering, Concast Steel and Power, REI Agro Ltd and ABG Shipyard Ltd…reports Asian Lite News A recent Parliament reply

August 10, 2022

Economy·India News

SPECIAL: Farm Sector Get A Fillip in Kashmir

Agriculture reformations have helped J&K UT to score in the top 5 states/UT in terms of monthly farming revenue. Due to market-trends-oriented farming, horticulture is now a sustainable economic activity. A special

July 15, 2022

Asia News·Economy·World News

Layoffs finally hit giants

Cloud major Oracle recently considered laying off thousands of workers to save up to $1 billion in cost-cutting measures…reports Asian Lite News The economic meltdown has reached Big Tech and Satya Nadella-run

July 14, 2022

Business·Economy

RBI sets up rupee settlement system for int’l trade

The central bank said the measure is taken to promote growth of global trade with emphasis on exports from India…reports Asian Lite News The Reserve Bank of India (RBI) on Monday announced

July 12, 2022

Business·Economy·India News

‘Blockchain-based DeFi platforms need scrutiny’

Celsius operates in much the same way as a bank, but rather than in fiat money it does so in cryptocurrency. It collects deposits and then loans them out…reports Asian Lite News

June 14, 2022

Business·Economy

As inflation spikes, RBI raises repo rate

The RBI raised its key interest rate by 50 basis points on Wednesday, and raised its inflation projection to above target for this year…reports Asian Lite News The Reserve Bank of India

June 8, 2022

-Top News·Economy·India News

Export ban shakes world markets, wheat prices up 6%

The unexpected ban by India, which accounts for about 5 per cent of world wheat exports, stoked prices further. In Chicago, futures rose 5.9 per cent to $12.47 a bushel on Monday,

May 17, 2022

-Top News·Economy·India News

Economy - Page 109