Nifty 50, that is already trading in the overbought zone, fell from the key level of 14K today. With today's fall, the equity market has turned negative year-to-date as Sensex and Nifty fell 0.71 and 0.16%, respectively

Gopinath says India's strict lockdown had an impact on the economy, including a very large contraction in first quarter of fiscal year

Economists expect global economic activity to return to normality soon and India to grow in fiscal 2021-22

Gita Gopinath said the proposed package could add as much as 1.25 per cent to US growth in 2021, when the IMF projects the US economy will expand by 5.1 per cent after a 3.4 per cent contraction in 2020

The IMF revised higher the forecast for India's growth in 2021 by 2.7 percentage points.

The government gives guaranteed return to private companies in its business dealings and considers their profit-motive good and desirable. Why the same doesn't hold true for farmers?

The domestic unit opened at 72.95 per dollar at the interbank forex market, and inched 4 paise higher to 72.93 over its previous close of 72.97 per American currency

The government should aim for a balance between reducing the fiscal deficit to a level that can be financed comfortably by the markets, and prioritising spending on those areas that will boost confidence and growth

According to depositories data, overseas investors pumped in Rs 24,469 crore into equities but pulled out Rs 6,013 crore from the bonds market between January 1-22

Earlier, Sensex rose above the historic mark of 50,000 and Nifty above 14,700 for the first time amid rise in Asian markets. Sensex and Nifty hit fresh lifetime highs of 50,184 and 14,753, respectively

Gold and Sensex have seen a strong rise in 2020, giving high returns to investors amid Covid-19 uncertainty

Japan's Nikkei 225 rose 0.8% to finish at 28,756.86, while South Korea's Kospi edged up 1.5% to 3,160.84. Hong Kong's Hang Seng slipped 0.1% to 29,927.76, while the Shanghai Composite added 1.1% to 3,621.26

BSE Sensex today: The benchmark Sensex has breached the psychological 50,000-mark thanks to roll out of COVID vaccines, better-than-expected corporate earnings in third quarter of FY21 and ample global liquidity

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

The currency unit opened at 73.11 per US dollar at the interbank forex market and inched 7 paise higher to 73.10 over its previous close

Global economic outlook remains highly uncertain: IMF chief The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources. IMF Managing Director Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and ...

The gross domestic product (GDP) growth was faster than the 6.1% forecast by economists in a Reuters poll, and followed 4.9% growth in the third quarter

RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went bankrupt in 2018, and Dewan Housing Finance Corp and Altico Capital defaulted on payments in 2019

There is a need to re-accelerate the economic growth... Indian economy is likely to contract to 7.5 per cent in 2020-21. But it will grow in double-digit in the next fiscal year, he said

Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...