Rupee at 80 against US dollar; here’s some pros and cons of a weak currency \
4 min read
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Rupee at 80 against US dollar; here’s some pros and cons of a weak currency

21-Jul-2022
New Delhi [India], July 21 (ANI): The Indian rupee this week slipped below the psychologically important level of 80 against the US dollar for the first time even as high crude oil prices amid tighter global supplies boosted demands for the American currency.
21-Jul-2022 Business
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Domestic gold prices soften tracking global cues, down Rs 2,000 in July \
2 min read
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Domestic gold prices soften tracking global cues, down Rs 2,000 in July

16-Jul-2022
New Delhi [India], July 16 (ANI): Gold prices in India have been declining in July tracking weak global cues. Investors seemed to have turned towards the US dollar on the possibility of another steep policy rate hike in the upcoming review meeting later this month.
16-Jul-2022 Business
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India’s services sector saw recovery on improved demand: Finance Ministry \
3 min read
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India’s services sector saw recovery on improved demand: Finance Ministry

15-Jul-2022
New Delhi [India], July 15 (ANI): India's services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report.
15-Jul-2022 Business
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India’s current account deficit expected to deteriorate in FY23: Finance Ministry report \
2 min read
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India’s current account deficit expected to deteriorate in FY23: Finance Ministry report

15-Jul-2022
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry of Finance said in its latest Monthly Economic Review report.
15-Jul-2022 Business
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Upside risks to fiscal deficit emerges following duty cut on fuel: Finance Ministry \
4 min read
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Upside risks to fiscal deficit emerges following duty cut on fuel: Finance Ministry

20-Jun-2022
New Delhi [India], June 20 (ANI): Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing an upside risk to the budgeted level of gross fiscal deficit, the Department of Economic Affairs said in its Monthly Economic Review for May 2022.
20-Jun-2022 Business
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