May 7, 2021 | ePaper | SignIn

Economy

Rising Covid cases, curbs pull markets’ lower; Sensex down 1.80%

Mumbai, April 19 (IANS) Rising cases of Covid-19 infections, along with imposition of new movement restrictions to curb the virus' spread, pulled India's equity...

India’s forex reserves up by over $4 bn

Mumbai, April 16 (IANS) India's foreign exchange reserves rose by $4.344 billion during the week ended April 9. According to the Reserve Bank of India's...

Gold at over 1 month high on inflation fears

New Delhi, April 16 (IANS) Gold prices have climbed to an over one month high as inflation fears sweep the world while rising Covid...

Citigroup to exit consumer banking ops in India, 12 other countries

New Delhi/New York, April 15 (IANS) In a global restructuring to allocate resources in markets with scale, Citigroup will exit consumer banking operations in...

Amazon launches $250 mn fund to support Indian startups

New Delhi, April 15 (IANS) E-commerce major Amazon on Thursday announced a $250 million fund -- Amazon Smbhav Venture Fund -- to invest in...

GDP still likely to grow in double digits during 2021: Moody’s

Mumbai, April 13 (IANS) Impact on India's economic activity is expected to be less severe than that seen in 2020 due to the focus...

Traders lose business worth Rs 46,000 cr amid curfews, curbs

New Delhi, April 13 (IANS) Retail and wholesale businesses across the country have taken a hit of Rs 46,000 crore in the last 10...

India better prepared to handle resurgent Covid’s economic fallout

By Rohit Vaid New Delhi, April 9 (IANS) India's economy is better prepared to handle any economic fallout emanating from the resurgence of Covid-19 cases,...

India’s forex reserves down by over $2.4 bn

Mumbai, April 9 (IANS) India's foreign exchange reserves fell $2.415 billion during the week ended April 2. According to the Reserve Bank of India's (RBI)...

Rise in prices of pulses, veggies and eatables upsets kitchen budgets

By Pramod Kumar Jha New Delhi, April 7 (IANS) The dizzy rise in the prices of cereals, pulses, vegetables, fruits and several eatables has increased...