'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

'Lending rate cut still some time away'

Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the......

Wholesale price inflation rises to 4-month high on food price spike

Wholesale price inflation rose to a 4-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, as per the government data......

Inflation soars to 14-month high of 6.2% in Oct

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Photograph: Amit Dave/Reuters......

Govt changes release time of GDP data to 4 pm

The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said it has advanced the release of macroeconomic data Gross Domestic Product (GDP) estimates by about 90 mins to 4 pm.......