India recorded a Current Account deficit of 2.10 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in India averaged -1.16 percent from 1970 until 2018, reaching an all time high of 2.30 percent in 2003 and a record low of -4.80 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in India increased to 206752290 INR Million in 2019 from 192817450 INR Million in 2018. Disposable Personal Income in India averaged 25440473.14 INR Million from 1950 until 2019, reaching an all time high of 206752290 INR Million in 2019 and a record low of 91540 INR Million in 1950. This page provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in India increased to 24653.54 INR Billion in February from 22683.29 INR Billion in January of 2020. Fiscal Expenditure in India averaged 5514.02 INR Billion from 1997 until 2020, reaching an all time high of 24653.54 INR Billion in February of 2020 and a record low of 136.55 INR Billion in April of 1997. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - India Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in India decreased to 15185.47 USD Million in the fourth quarter of 2019 from 16373.32 USD Million in the third quarter of 2019. Remittances in India averaged 10102.67 USD Million from 2010 until 2019, reaching an all time high of 16373.32 USD Million in the third quarter of 2019 and a record low of 5999.10 USD Million in the third quarter of 2010. In India, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - India Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from India in China decreased to 1095200 USD THO in April from 1389800 USD THO in March of 2020. Imports from India in China averaged 1317091.32 USD THO from 2014 until 2020, reaching an all time high of 2598500 USD THO in February of 2020 and a record low of 710361 USD THO in February of 2016. This page includes a chart with historical data for China Imports From India.

Exports to India in China decreased to 3219800 USD THO in April from 5838500 USD THO in March of 2020. Exports to India in China averaged 5485341.85 USD THO from 2014 until 2020, reaching an all time high of 9616000 USD THO in February of 2020 and a record low of 2326991 USD THO in February of 2014. This page includes a chart with historical data for China Exports To India.

Exports to India in New Zealand increased to 68.53 NZD Million in March from 36.73 NZD Million in February of 2020. Exports to India in New Zealand averaged 55.20 NZD Million from 2014 until 2020, reaching an all time high of 92.63 NZD Million in May of 2017 and a record low of 24.54 NZD Million in January of 2017. This page includes a chart with historical data for New Zealand Exports to India.

Central Bank Balance Sheet in India increased to 25377.42 INR Billions in March from 22099.01 INR Billions in February of 2020. Central Bank Balance Sheet in India averaged 9116.55 INR Billions from 2001 until 2020, reaching an all time high of 25377.42 INR Billions in March of 2020 and a record low of 1624.31 INR Billions in August of 2001. This page provides - India Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cement Production in India decreased to 24934 Thousands of Tonnes in March from 30962 Thousands of Tonnes in February of 2020. Cement Production in India averaged 19567.69 Thousands of Tonnes from 2004 until 2020, reaching an all time high of 33124 Thousands of Tonnes in March of 2019 and a record low of 9355 Thousands of Tonnes in August of 2004. This page provides - India Cement Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in India increased by 646.68 INR Billion in the fourth quarter of 2019. Changes in Inventories in India averaged 433.52 INR Billion from 2004 until 2019, reaching an all time high of 731.25 INR Billion in the first quarter of 2015 and a record low of 184.29 INR Billion in the second quarter of 2004. In India, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - India Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India Treasury Bill 91 Day Yield decreased to 3.64 percent on Friday May 1 from 3.73 percent in the previous day. Interbank Rate in India averaged 7.36 percent from 1993 until 2020, reaching an all time high of 12.97 percent in July of 1995 and a record low of 3.10 percent in July of 2009. In India, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in India increased 8.76 percent in March of 2020 over the same month in the previous year. Food Inflation in India averaged 5.92 percent from 2012 until 2020, reaching an all time high of 14.72 percent in November of 2013 and a record low of -2.65 percent in December of 2018. The Consumer Food Price Index accounts for 39.06 percent of the total consumer price index. This page provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Reserve Bank of India lowered its benchmark repurchase rate by 75 bps to 4.40 percent from 5.15 percent on 27th March in an unscheduled move, joining central banks around the world in delivering stimulus to mitigate the impact of COVID-19 on the economy. The central bank also cut the cash reserve ratio by 100 basis points to 3% to boost liquidity. . Interest Rate in India averaged 6.59 percent from 2000 until 2020, reaching an all time high of 14.50 percent in August of 2000 and a record low of 4.25 percent in April of 2009. In India, interest rate decisions are taken by the Reserve Bank of India's Central Board of Directors. The official interest rate is the benchmark repurchase rate. In 2014, the primary objective of the RBI monetary policy became price stability, giving less importance to government's borrowing, the stability of the rupee exchange rate and the need to protect exports. In February 2015, the government and the central bank agreed to set a consumer inflation target of 4 percent, with a band of plus or minus 2 percentage points, from the financial year ending in March 2017. This page provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Subsidies and freebies to retain cash-strapped users add to sector’s financial burden

Operators grapple with fierce competition in their battle to boost profits

Patrick Jenkins and guests discuss the outlook for the UK mortgage market, the reform of India's state-owned banks and leadership changes at UBS. With special guest Darren Cook, Mortgage Analytics Manager at Moneyfacts.

Contributors: Patrick Jenkins, financial editor, Nicholas Megaw, retail banking correspondent, Benjamin Parkin, Mumbai correspondent, Alice Ross, wealth correspondent, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

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Restrictions in nation that processes 90% of world’s stones upend global industry 

In the past decade, some of India’s largest financial groups have made big investments in luxury property, notably an ambitious Mumbai tower that was supposed to set new standards in urban design. But the economic boom they hoped would spur demand failed to materialise. Jyotsna Singh talks to Benjamin Parkin in Mumbai about what went wrong and the resulting debt crisis that is holding back growth.

Contributors: Jyotsna Singh, Delhi reporter, and Benjamin Parkin, Mumbai correspondent. Proucers: Jyotsna Singh and Fiona Symon

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The disputed Himalayan state of Jammu and Kashmir is in lockdown after India revoked its special status following a long running insurgency that led to thousands of deaths. Jyotsna Singh discusses what India plans to do next, and how neighbouring Pakistan, which also claims the territory, has reacted, with Amy Kazmin the FT's South Asia bureau chief.

Contributors: Jyotsna Singh, Delhi reporter, and Amy Kazmin, South Asia bureau chief. Producers: Jyotsna Singh and Fiona Symon

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Saudi Arabia's state oil company Aramco is making a high stakes investment in India as the world’s largest crude oil exporter seeks to deepen its ties with the fastest growing energy consumer. Tom O’Sullivan discusses the proposed investment, announced by Reliance Industries chairman Mukesh Ambani, with Benjamin Parkin and Anjli Raval.

Contributors: Tom O’Sullivan, deputy analysis editor, Benjamin Parkin, Mumbai correspondent, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

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Narendra Modi’s Hindu nationalist policies have sparked protests and intercommunity violence across India. Against this backdrop, a proposed data protection bill that will allow his government free rein to spy on its citizens is causing particular concern. Madhumita Murgia discusses the bill with Benjamin Parkin in Mumbai.

Contributors: Madhumita Murgia, European technology correspondent, Benjamin Parkin, Mumbai correspondent. Producers: Persis Love and Fiona Symon

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This riveting account of how a piratical corporation subjugated India resonates with today’s global capitalism

Business tycoon’s GFG Alliance makes first foray into fast-growing market after long court battle

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]

Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million in fresh capital at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part of the […]

Weeks after Facebook invested $5.7 billion in Jio Platforms, India’s top telecom operator, private equity firm Silver Lake is following suit — and is willing to pay a premium for it. Silver Lake announced on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% stake in the Indian […]

Private equity firm Vista Equity Partners said on Friday it will invest $1.5 billion in Reliance Jio Platforms, joining social conglomerate Facebook and Silver Lake that have also made bets on the Indian telecom giant in recent weeks. The planned announcement, which would give the U.S.-headquartered software-focused buyout firm Vista Equity Partners a 2.32% stake in […]

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]

India said today Zoom is ‘not a safe platform’ and advised government employees to not use it for official work as the video conference service surges in popularity in many nations including the world’s second largest internet market as billions of people remain stuck at home due to the coronavirus crisis. “Zoom is a not a […]

Weeks after Facebook invested $5.7 billion in Jio Platforms, India’s top telecom operator, private equity firm Silver Lake is following suit — and is willing to pay a premium for it. Silver Lake announced on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% stake in the Indian […]

If you're building a large-scale technology startup, sooner or later, you should be having a conversation about the Indian market.

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s second largest smartphone is beginning to feel the coronavirus heat, too. The Indian smartphone market grew by a modest 4% year-over-year in the quarter […]

Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order its handsets and other products from nearby physical retail stores as the Chinese giant rushes to kickstart its sales in its biggest overseas market. Dubbed Mi Commerce, the service allows people to locate nearby stores […]

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]

E-commerce firms Amazon and Walmart’s Flipkart, and ride-hailing giants Ola and Uber are partially resuming their services in India after Prime Minister Narendra Modi’s government eased some restrictions late last week to revive economic activity that’s been stalled since the stringent stay-at-home orders were imposed across the nation in late March. The companies said in […]

Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order its handsets and other products from nearby physical retail stores as the Chinese giant rushes to kickstart its sales in its biggest overseas market. Dubbed Mi Commerce, the service allows people to locate nearby stores […]

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]

US asset manager apologises following comments by company’s president over debt rules

Prices fall as farmers struggle to sell fruit seen as national delicacy

Acast, a podcast monetization and distribution platform, announced a new partnership with JioSaavn, one of the largest streaming audio services in India. The agreement mean JioSaavn will distribute content from Acast and have access to its technology for podcasters. JioSaavn, which claims 104 million monthly active users, is the second-largest streaming audio service in India […]

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]

1. New antiviral drug combo shows promise against Covid-19: Study  Times of India
2. Cocktail of three antiviral drugs helps coronavirus patients recover faster, says study  ThePrint
3. Coronavirus treatment: Triple antiviral drug combo shows promise against COVID-19  Times Now
4. Coronavirus | Phase-2 trial with three drugs offers hope  The Hindu
5. Coronavirus: 3-drug regimen proved effective for COVID-19  Deccan Herald
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1. Virender Sehwag would've easily crossed 10,000 Test runs had he played for another country: Rashid Latif  India Today
2. Sehwag would’ve had 10k runs if he played for another team; was under Sachin, Dravid’s shadow: Ex-Pak...  Hindustan Times
3. Ex-Pak skipper believes Sehwag couldve achieved more had he played for another country - Republic World  Republic World
4. Sehwag would’ve crossed 10,000 Test runs if he played for another country, says Pakistan’s Latif  Scroll.in
5. Virender Sehwag remained under shadows of other players: Rashid Latif  Jimmys Post
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1. Dhoni turns up in video with daughter, his appearance inspires memes on social media  The Indian Express
2. ‘Please do not use it’: Matthew Hayden reveals MS Dhoni’s reaction on his ‘mongoose bat’  India Gone Viral
3. Watch: MS Dhoni's New Look Sends Twitter Into A Frenzy  NDTV Tamil
4. WATCH: A grey-bearded MS Dhoni enjoys playtime with Ziva Dhoni inside his Ranchi farmhouse  DNA India
5. MS Dhoni makes fun of Suresh Raina in this priceless video posted by CSK; watch - Republic World  Republic World
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1. Salman Khan and Jacqueline Fernandez share the inspiration behind their upcoming track 'Tere Bina' in the  Times of India
2. Iulia On Marriage Rumours With Salman Khan: Spending Life With Someone More Important Than Papers  News18
3. Salman Khan shoots song titled 'Tere Bina' with Jacqueline Fernandez at his Panvel farmhouse; reveals det  Times of India
4. Salman Khan, Jacqueline Fernandez promote new song Tere Bina at his farmhouse: ‘This is our cheapest...  Hindustan Times
5. Tere Bina: Salman Khan And Jacqueline Fernandez Shoot A Music Video At The Actor's Farmhouse  NDTV
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