Economy-News-The Economic Times

    Oil prices and US interest rates control rupee's fate

    Oil prices and US interest rates control rupee's fate


    Despite its large tranche of reserves, there is precious little RBI can do to fix a fair value of the rupee if global factors push it in a certain...

    Despite its large tranche of reserves, there is precious little RBI can do to fix a fair value of the rupee if global factors push it in a certain direction.
    Govt hikes import duty on wheat, almond, 3 more items

    Govt hikes import duty on wheat, almond, 3 more items


    Invoking "emergency powers" to increase import duties, the Centre raised basic customs duty on walnut in shell from 30% to...

    Invoking "emergency powers" to increase import duties, the Centre raised basic customs duty on walnut in shell from 30% to 100%.
    GDP to grow at 7.5% in FY19; CAD, rupee a worry: Report

    GDP to grow at 7.5% in FY19; CAD, rupee a worry: Report


    Headline inflation, lending rates, fiscal prudence, current account deficit (CAD) and exchange rates, however, are the areas of concern, the report by Care Ratings...

    Headline inflation, lending rates, fiscal prudence, current account deficit (CAD) and exchange rates, however, are the areas of concern, the report by Care Ratings said.
    SIMA hails the cabbotage rule relaxation for cotton transport

    SIMA hails the cabbotage rule relaxation for cotton transport


    Though India is the largest cotton producing country and net exporter of cotton in the world, the domestic cotton textile industry could not derive competitive advantage due to the steep increase in cotton transportation...

    Though India is the largest cotton producing country and net exporter of cotton in the world, the domestic cotton textile industry could not derive competitive advantage due to the steep increase in cotton transportation cost.
    Government raises wheat import duty to 30%

    Government raises wheat import duty to 30%


    The move comes at a time when wheat procurement in the domestic market by the government and private agencies is at...

    The move comes at a time when wheat procurement in the domestic market by the government and private agencies is at peak.
    Yawning deficits to world-beating growth punctuate Modi's rule

    Yawning deficits to world-beating growth punctuate Modi's rule


    As Narendra Modi enters his final year in office, green-shoots are undeniably visible. But threats to the economy also loom in the...

    As Narendra Modi enters his final year in office, green-shoots are undeniably visible. But threats to the economy also loom in the horizon.
    Modicare to offer 20% lower rates than CGHS rates

    Modicare to offer 20% lower rates than CGHS rates


    The health ministry has finalised the rates for 1,354 packages, which will be covered under NHPS. The packages include 23...

    The health ministry has finalised the rates for 1,354 packages, which will be covered under NHPS. The packages include 23 specialties.
    Maharashtra farmers say they’ll use GM seeds

    Maharashtra farmers say they’ll use GM seeds


    To prevent the use of HT varieties in the 2018 kharif season, the agriculture department of Maharashtra has appealed to farmers to stay away from these...

    To prevent the use of HT varieties in the 2018 kharif season, the agriculture department of Maharashtra has appealed to farmers to stay away from these seeds.
    Dead end for Mumbai’s International Finance Centre dream

    Dead end for Mumbai’s International Finance Centre dream


    The story of the IFC at Bandra Kurla Complex, announced with much fanfare in 2015 and now seemingly on ice, shows how Gujarat has stolen Mumbai's...

    The story of the IFC at Bandra Kurla Complex, announced with much fanfare in 2015 and now seemingly on ice, shows how Gujarat has stolen Mumbai's thunder.
    India moves one notch up to 44th rank in IMD's competitiveness rankings

    India moves one notch up to 44th rank in IMD's competitiveness rankings


    US became the most competitive economy globally driven by its strength in economic performance and infrastructure, followed by Hong Kong and Singapore in the second and third place,...

    US became the most competitive economy globally driven by its strength in economic performance and infrastructure, followed by Hong Kong and Singapore in the second and third place, respectively.