Pakistan Imports Wheat and Builds Reserves to Fight Inflation and Shortage in the Wake of COVID-19

Countries hold grain inventory as a precaution. Pakistan imports wheat and builds reserves to fight inflation…

India’s GDP to Shrink by 9.6% in FY21: World Bank

World Bank sharpens India’s GDP decline forecast to 9.6% considering the impact of national lockdown and…

RBI to Come Out With Monetary Policy on Friday

MP, including three government-appointed economists, starts three-day deliberations. RBI to come out with Monetary Policy on…

RBI Announces Additional OMOs Worth Rs 20000 Crores

RBI's measures to revive economy. Announces additional open market operations worth Rs 20000 and term repo…

Shaktikanta Das Hints at More Measures to Fight COVID-19 Impact on Indian Economy

RBI governor stresses the requirement of a new model by lenders. Shaktikanta Das hints at more…

India’s Exports Decline by 10.20% as Trade Deficit Stands at USD 4.83 Billion

The pandemic imposed lockdown halted the economic activity of the nation while affecting export and import…

Raghuram Rajan Warns RBI of Mounting Bad Debts Due to Pandemic

The former RBI governor signified the importance of RBI’s commitment to inflation. Raghuram Rajan warns RBI…

USD/INR: Rupee Surges the Most Against US Dollar

Rupee strengthened against US Dollar to 74.78 recovering by 81 paise. Crude price gains with gold…

USD/INR: Rupee Marks Losses Against US Dollar

US Dollar strengthened against Rupee to 75.63 recovering by 7 paise. Crude price loses with gold…

USD/INR: Rupee Drops Against US Dollar

USD/INR, Indian rupee reached as high as 76.43 and hit the low at 76.68 before settling…