Cumulatively, during April-August 2019, exports were down 1.53 per cent to $133.54 billion while imports contracted by 5.68 per cent to $206.39 billion

Retail inflation touches a 3.21 per cent high, Congress to hold agitations against govt's economic policies and more news on News Blast.

Govt's $5 trillion economy will remain a pipe dream if slowdown continues: Manmohan SinghFormer Prime Minister Manmohan Singh on Thursday said there was no hope of Modi government's promise of USD 5 trillion economy becoming a reality if growth kept going down the way it has for the last five quarters. Addressing Congress leaders at a meeting here, he said that at least one million people may lose their jobs if a stimulus package is not given to the auto sector, which is crying fo...

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Overall inflation in the food basket, measured on the basis of consumer food price index (CFPI), rose to 2.99 per cent in August 2019, in comparison to 2.36 per cent during the previous month

\"The government should boost public spending for the revival of the economy. A good monsoon will revive economic activities in the rural market, while the bank recapitalisation will enhance liquidity,\" said Seshagiri Rao, Joint Managing Director & Group CFO, JSW Steel

The largest bank in the country, the State Bank of India (SBI), has slashed its retail term deposit rate twice in the last fortnight for less than Rs 2 crore deposit category.

Indian retail inflation likely rose to a 10-month high in August primarily driven by higher food prices, while staying below the Reserve Bank of India's medium-term target of 4%

India's economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as consumer demand and private investment weakened at a time global trade frictions have dampened business sentiment.

The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight meeting this month with a slightly bigger than expected cut, underscoring its worries about the near-five year low economic growth pace

The Chinese yuan will weaken further beyond the current 7 per dollar rate over the coming year as Beijing steps back from managing the currency amid tariff threats from Washington, a Reuters poll of foreign exchange strategists showed.