Economy - general
![Chidambaram discounts effects of Fed tapering monetary stimulus Chidambaram discounts effects of Fed tapering monetary stimulus](/economy/general/images/chidambaram_23_sm_domain-b.jpg)
Chidambaram discounts effects of Fed tapering monetary stimulus
20 Dec 2013
India is better prepared to deal with any ill-effects of a reduction in the US Federal Reserve's monetary stimulus and the markets have already factored in the effects of any drop in inflows of investment funds, finance minister P Chidambaram said
![UN sees India’s growth slowing to 4.8% in 2013 UN sees India’s growth slowing to 4.8% in 2013](/economy/general/images/economic_survey_sm_domain-b.jpg)
UN sees India’s growth slowing to 4.8% in 2013
19 Dec 2013
United Nations has lowered India's economic growth forecast for 2013 to 4.8 per cent, from its earlier forecast of 5.1 per cent
![Strike hits banking operations across the country Strike hits banking operations across the country](/finance/banks/images/india-bank-strike_sm_domain-b.jpg)
Strike hits banking operations across the country
18 Dec 2013
The strike has affected 85,000 bank branches across the country, resulting in non-clearance of around 40 lakh cheques worth around Rs24,000 crore
![RBI leaves policy rates unchanged on liquidity concerns RBI leaves policy rates unchanged on liquidity concerns](/economy/general/images/raghuram_rajan_sm_domain-b.jpg)
RBI leaves policy rates unchanged on liquidity concerns
18 Dec 2013
While the tapering of quantitative easing by the US Fed may disrupt inflows of funds, RBI said it cannot soften its stand on inflation for obvious reasons
WPI hits 14-month high of 7.52% in November
16 Dec 2013
![Consumer price inflation at a 9-month high of 11.24% in November Consumer price inflation at a 9-month high of 11.24% in November](/economy/general/images/food_grains_mandi_june_sm_domain-b.gif)
Consumer price inflation at a 9-month high of 11.24% in November
13 Dec 2013
A spurt in retail prices of fruits and vegetables pushed the consumer price index in the country to 11.24 per cent in November
![India’s industrial production contracted 1.8% in October India’s industrial production contracted 1.8% in October](/economy/general/images/industrial_manufacturing_sm_domain-b.jpg)
India’s industrial production contracted 1.8% in October
12 Dec 2013
Manufacturing sector output, which accounts for about 76 per cent of industrial production, contracted 2 per cent from a year earlier
![Crime, corruption drained Rs21,00,000 cr of India's wealth in 10 years: study Crime, corruption drained Rs21,00,000 cr of India's wealth in 10 years: study](/economy/general/images/bribery_sm_domain-b.jpg)
Crime, corruption drained Rs21,00,000 cr of India's wealth in 10 years: study
12 Dec 2013
India emerged as the third-largest "exporter" of illegal wealth with $84.93 billion stashed away in 2011, while the country remained the fifth-largest holder of black money overseas with $343 billion between 2002 and 2011
RBI sees 14.23% growth in bank credit
12 Dec 2013
RBI net buyer of dollar in October-November
11 Dec 2013
![Chidambaram vows fiscal consolidation, inclusive growth Chidambaram vows fiscal consolidation, inclusive growth](/economy/general/images/chidambaram_4march_sm_domain-b.jpg)
Chidambaram vows fiscal consolidation, inclusive growth
11 Dec 2013
The finance minister agreed with RBI governor Raghuram Rajan’s observation that an overheated economy, high inflation and wage growth and the widening deficits are in part the result of the 2008 economic stimulus
![India’s imports dip 16% in November; trade gap narrows India’s imports dip 16% in November; trade gap narrows](/economy/trade/images/india_exports81_sm_domain-b.jpg)
India’s imports dip 16% in November; trade gap narrows
11 Dec 2013
At $111.06 billion, oil imports constituted 36.55 per cent of the country’s overall imports during the April-November period of the current fiscal
ADB maintains India's growth outlook at 4.7%
11 Dec 2013
![Raghuram Rajan blames stimulus for current economic woes Raghuram Rajan blames stimulus for current economic woes](/economy/general/images/raghuram_rajan_sm_domain-b.jpg)
Raghuram Rajan blames stimulus for current economic woes
09 Dec 2013
`The stimulus provided by the government to ward off the ill effects of the global financial crisis of 2008 has eventually led to an overheated economy, high inflation and uncomfortable fiscal and current account deficits’
Core sector output declines 0.6% in October
03 Dec 2013
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)