As per the official data released, India’s trade deficit widened to a more than five year high of $18.02 billion in July, driven largely by a surge in oil imports.

posted by Jawwad Kazi 15th Aug 2018

According to official data released on 14th August, Inflation at the wholesale level slowed to 5.09% in July largely due to a cooling down of food inflation.

posted by Jawwad Kazi 15th Aug 2018

As per the data released by the Central Statistics Office, Retail inflation decelerated to 4.17 per cent in July from 4.92 per cent a month ago in the wake of softening food prices.

posted by Jawwad Kazi 14th Aug 2018

The rupee on 13 August crashed by Rs 1.08, or 1.57 per cent, and moved closer to the 70 level to end at a historic low of 69.91 against the US currency as the Turkish currency, lira, plunged, sending global currencies into a tailspin.

posted by Jawwad Kazi 14th Aug 2018

The finance ministry suspended the implementation of a safeguard duty on imported solar cells following a stay order by the Orissa High Court.

posted by Jawwad Kazi 14th Aug 2018