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Economy

Global economy week ahead

April 22

Europe to set new course after EU summit, French vote.

Seeing signs that impact of demonetisation has abated: IMF

April 22

The IMF said the impact of demonetisation has abated but insisted on quickly replacing the defunct currency in order to restore missing transactions.

Huge amount of popular support for economic reforms: Jaitley

April 22

Jaitley said that for the first time there is popular support for economic reforms in India and the recent election outcomes are indicative of it.

Remittances to India dropped by nearly 9 pc in 2016: World Bank

April 21

India, while retaining its top spot as the world's largest remittance recipient, led the decline with remittance inflows amounting to $ 62.7 bn last year.

RBI official visits banks to assess currency management

April 21

The RBI official also explained to the Lt Governor the steps taken by apex bank to ease currency position.

Rupee logs 1st fall in 3 days, down 5 paise to 64.61

April 21

The rupee slipped by 5 paise to 64.61 a dollar due to demand uptick for the American currency and persistent capital outflows.

Sajjan meets Haryana CM; Canada keen on investment

April 21

Canada has evinced keen interest in investing in Haryana in civil aviation, skill development, education, defence, and smart city projects, CM ML Khattar said.

Forex reserves increase by $889.4 mn to $369.887 bn

April 21

Foreign currency assets, a major component of the overall reserves, surged by USD 881 mn to USD 346.248 bn in the reporting week, RBI said.

RBI minutes suggest next move will be a hike: Nomura

April 21

The minutes of the RBI's Apr 6 policy meeting suggest that the next move of the Central bank will likely be a hike in key policy rates, says a report.

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