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Economy

India recovery not yet at point for pulling back liquidity: Finance minister

Economy

12 August, 2021

India recovery not yet at point for pulling back liquidity: Finance minister

Indian economy has not reached the level where the central bank can begin pulling back liquidity as Asia's third-largest economy ......

India to scrap retrospective tax law in olive branch to global firms

Economy

05 August, 2021

India to scrap retrospective tax law in olive branch to global firms

India on Thursday proposed scrapping a controversial law that taxed companies retrospectively and said it will refund disputed amounts, a ......

India's services activity shrank again in July, outlook turned pessimistic

Economy

04 August, 2021

India's services activity shrank again in July, outlook turned pessimistic

Activity in India's dominant services industry shrank for a third consecutive month in July as restrictions to control the coronavirus ......

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Economy

20 July, 2021

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Developing Asia's economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on ......

Near-term prospects for Indian economy bright: RBI bulletin

Economy

15 July, 2021

Near-term prospects for Indian economy bright: RBI bulletin

A gradual decline in India's second wave of COVID-19 infections and an aggressive vaccination push have brightened the near-term prospects ......

S&P reaffirms India's long-term sovereign credit rating, outlook

Economy

13 July, 2021

S&P reaffirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level ......

Bourses issue rules for bankrupt firms to address info asymmetry among investors

Economy

09 July, 2021

Bourses issue rules for bankrupt firms to address info asymmetry among investors

India’s two major stock exchanges BSE and NSE on Friday directed companies undergoing the insolvency process to make timely disclosures ......

India's June services activity shrinks at fastest rate in 11 months

Economy

05 July, 2021

India's June services activity shrinks at fastest rate in 11 months

Activity in India's dominant services sector contracted sharply in June as tighter restrictions to contain a resurgence of coronavirus cases ......

S&P Global cuts India's growth forecasts, trims EM overall

Economy

29 June, 2021

S&P Global cuts India's growth forecasts, trims EM overall

S&P Global cut its growth forecasts for some of Asia's top economies including India, the Philippines and Malaysia on Monday, ......

Economists doubt India's new loan guarantees will boost growth

Economy

28 June, 2021

Economists doubt India's new loan guarantees will boost growth

India will extend federal guarantees on bank loans to small businesses and the health and tourism sectors to help them ......