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Economy

Barclays cuts FY22 growth forecast for India by 80 bps to 9.2%

Economy

25 May, 2021

Barclays cuts FY22 growth forecast for India by 80 bps to 9.2%

Barclays on Tuesday cut its full-year 2021-22 economic growth forecast for India by 80 basis points to 9.2%, saying the ......

India's economic fallout from second virus wave may be limited: Barclays

Economy

12 April, 2021

India's economic fallout from second virus wave may be limited: Barclays

India's accelerated vaccination drive may limit the economic disruption caused by a resurgence in COVID-19 cases, Barclays said in a ......

Cabinet approves incentives for solar panel, white goods production

Economy

08 April, 2021

Cabinet approves incentives for solar panel, white goods production

India's cabinet on Wednesday approved production-linked incentives for the manufacturing of high-efficiency solar panels and white goods including air conditioners, ......

Rupee loses 1.5% in biggest single-day fall for 20 months

Economy

07 April, 2021

Rupee loses 1.5% in biggest single-day fall for 20 months

The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped ......

IMF lifts emerging markets growth outlook but sees divergent recovery paths

Economy

07 April, 2021

IMF lifts emerging markets growth outlook but sees divergent recovery paths

Developing economies will grow faster this year than previously forecast, according to the International Monetary Fund, but many outside Asia ......

Economy's revival seen unabated despite infection surge: Shaktikanta Das

Economy

25 March, 2021

Economy's revival seen unabated despite infection surge: Shaktikanta Das

India's revival of economic activity is expected to be "unabated", despite a rise in coronavirus infections in many areas and ......

Services growth at one-year high on boom in domestic demand

Economy

03 March, 2021

Services growth at one-year high on boom in domestic demand

India's dominant services activity grew at its fastest pace in a year last month, driven by an extended robust recovery ......

India's economy exits from recession, recovery seen gathering pace

Economy

26 February, 2021

India's economy exits from recession, recovery seen gathering pace

India's economy returned to growth in the three months to December and the recovery is expected to gather pace as ......

India's economy probably resumed growing last quarter

Economy

26 February, 2021

India's economy probably resumed growing last quarter

India's economy probably returned to growth in its fiscal third quarter after a recession earlier in 2020, economists said, and ......

Indian services industry improved in January; job cuts continued

Economy

03 February, 2021

Indian services industry improved in January; job cuts continued

Growth in India's dominant services sector picked up in January as demand improved and consumer optimism was buoyed by the ......