INDIA ECONOMY
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Business & Economy
India’s central bank hikes key lending rate amid inflation concerns
New Delhi, May 4 (EFE).- The Reserve Bank of India on Wednesday announced an increase in its benchmark lending rate,…
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Business & Economy
India’s central bank keeps rate unchanged, focuses on to curb inflation
New Delhi, May 22 (EFE).- The Indian central bank Friday left the key borrowing and lending rates unchanged to encourage…
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Business & Economy
Indian rupee touches historic low as oil prices surge
New Delhi, Mar 7 (EFE).- The Indian rupee on Monday plummeted to its lowest value in history, settling at just…
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Business & Economy
India reduced GDP growth forecast to 9.2 percent for 2021-22
New Delhi, Jan 7 (EFE).- The Indian government reduced Friday its GDP growth forecast to 9.2 percent for fiscal year…
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Business & Economy
Rupee devaluation becomes major headache for India
New Delhi, Jan 4 (EFE).- India witnessed its currency sliding further compared to the United States’ dollar as 2021 came…
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Business & Economy
India announces credit guarantees for Covid-affected health, tourism sectors
New Delhi, Jun 28 (EFE).- India on Monday announced a program to offer government guarantees for loans worth $14.8 billion…
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Business & Economy
Central bank slashes growth forecast to 9.5% as virus eats into India economy
New Delhi, June 6 (EFE).- The Indian central bank Friday slashed the growth forecast to 9.5 percent from an earlier…
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