Last Updated: Monday, June 8, 2015, 17:33
A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits, global rating agency Moody's said Monday.
Last Updated: Monday, June 8, 2015, 17:28
Sensex Monday plunged by 245 points to 26,523.09 -- its lowest in nearly eight months -- on heavy selling in FMCG stocks amid prevailing drought fears and RBI's cautions stance on economic recovery.
Last Updated: Monday, June 8, 2015, 15:29
This year, the rains are forecast to be 88 percent of the long-term average, which could drastically crimp farm output.
Last Updated: Sunday, June 7, 2015, 14:34
The yield on 10-year old bond -- 8.40 per cent-2024 -- rose by around 19 basis points to 8.01 per cent in the previous week, which was highest since December 1.
Last Updated: Friday, June 5, 2015, 22:34
RBI Governor Raghuram Rajan on Friday said the central bank has not shut its door on rate cut and will take a view depending upon the evolving situation with regard to monsoon and external environment.
Last Updated: Friday, June 5, 2015, 19:53
Area under paddy coverage has increased by 13 percent so far in this Kharif sowing season to 3.46 lakh hectares and sowing operation?s are likely to pick up with onset of monsoon in Kerala Friday.
Last Updated: Friday, June 5, 2015, 15:02
The government on Friday announced it will offer subsidy on diesel, power and seeds to farmers in case of deficient monsoon affecting crops.
Last Updated: Friday, June 5, 2015, 13:03
Due to poor monsoon, agriculture growth stood at 0.2 percent in fiscal year 2014-15.
Last Updated: Thursday, June 4, 2015, 19:41
Unfazed by the three day slump in stock markets on fears of drought, Finance Minister Arun Jaitley on Thursday said the slide does not indicate a trend as economy is on a recovery path.
Last Updated: Thursday, June 4, 2015, 17:56
Finance Minister Arun Jaitley on Thursday sought to allay fears over predictions of deficient monsoon saying conclusions on that basis either on inflation or some kind of distress situation are "far-fetched".
Last Updated: Thursday, June 4, 2015, 16:44
Finance Minister Arun Jaitley on Thursday expressed confidence that trend of recovery in the Indian economy would continue and that there was no fear of monsoon affecting foodgrain production.
Under the contingency plan, the government proposes to use the Rs 500-crore price stabilisation fund to ensure availability of essential commodities at reasonable cost.
more videos >>
