Category: Economy

Employment in the U.S. increased by much less than expected in the month of September, according to a closely watched report released by the Labor Department on Friday. The Labor … Read More

The Ministry said India is well-placed on the path to swift recovery with growth impulses visibly transmitted to all sectors of the economy India’s economic recovery gained further momentum in … Read More

India, and 135 other countries have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15% rate. India … Read More

As per the scheme, cash-out of more than ten hours at any ATM in a month will attract a flat penalty of ₹ 10,000 per ATM. The Reserve Bank of … Read More

With the more closely watched monthly jobs report on tap for Friday, the Labor Department released a report on Thursday showing a bigger than expected pullback in first-time claims for … Read More

Germany’s industrial output declined more than expected in August on weak auto production, data from Destatis revealed on Thursday. Industrial output fell 4 percent month-on-month in August, reversing a 1.3 … Read More

High poverty rates are associated with, among other things, low educational attainment rates, bad health outcomes, shorter lifespans and a poor chance for a better financial future. Poverty is often … Read More

A report released by the Commerce Department on Tuesday showed the U.S. trade deficit widened by much more than expected in the month of August. The Commerce Department said the … Read More

The price of petrol in Delhi rose to its highest ever level of ₹102.14 a litre and to ₹108.19 in Mumbai. Petrol and diesel prices soared to new record highs … Read More

Mr. Rajan’s remarks assume significance as the Reserve Bank of India has announced plans to progressively move towards introducing a digital currency.   Former Reserve Bank of India Governor Raghuram … Read More