Economy News

Online trading platforms for distress assets : RBI

The Reserve Bank has called for putting in place an online trading platform on the lines of the system in the US, to sell distressed assets to ensure more transparency and better price-discovery.

posted by Jawwad Kazi 22nd Jan 2018

Shutdown in U.S. may affect India's export

After the shutdown of country’s Federal Government, Indian shipments to the U.S. are likely to get affected.

posted by Jawwad Kazi 22nd Jan 2018

Trade deficit widens to $14.9 bn

Goods trade deficit in December, 2017 widened to $14.9 billion from $10.5 billion in December 2016 as imports outpaced exports, government data showed.

posted by Jawwad Kazi 16th Jan 2018

WPI inflation eases to 3.58%

According to the data release by Ministry of commerce and industry, Wholesale price-based inflation (WPI) eased to a three-month low of 3.58 per cent in December 2017.

posted by Jawwad Kazi 16th Jan 2018

Industrial output jumps to 8.4%

Industrial output for November jumped to a 25-month high of 8.4 per cent, bolstered by strong performances in the manufacturing, construction, and consumer non-durables sectors, according to the official data.

posted by Jawwad Kazi 13th Jan 2018