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Economy

Wider fiscal deficits could pressure India's ratings, says Fitch

Economy

02 February, 2021

Wider fiscal deficits could pressure India's ratings, says Fitch

Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign ......

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

Economy

01 February, 2021

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

India's fiscal deficit target for 2021/22 is a little bit higher than expected, a Moody's analyst said on Monday, after ......

India projects economic growth of 11% for 2021-22

Economy

29 January, 2021

India projects economic growth of 11% for 2021-22

India forecast robust economic growth of 11% for the fiscal year beginning on April 1 in its annual economic survey ......

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

Economy

31 December, 2020

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists ......

India's current account surplus shrinks in July-September

Economy

31 December, 2020

India's current account surplus shrinks in July-September

India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as ......

Govt eyes asset sales to partly fund higher spending next year

Economy

30 December, 2020

Govt eyes asset sales to partly fund higher spending next year

India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying ......

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Flashback 2020: A limping economy and high human cost in a year best forgotten

Economy

22 December, 2020

Flashback 2020: A limping economy and high human cost in a year best forgotten

As the year 2020 began, few would have imagined that the world would literally be thrown into the biggest crisis ......

Retail inflation eases to 6.93% in November

Economy

14 December, 2020

Retail inflation eases to 6.93% in November

 India's retail inflation eased in November after holding above 7% for two straight months, but remained beyond the upper bound ......

RBI keeps interest rates steady, raises GDP forecast

Economy

04 December, 2020

RBI keeps interest rates steady, raises GDP forecast

The Reserve Bank of India (RBI) kept its key interest rates steady as widely expected on Friday amid persistently high ......

Economy on rebound, govt focuses on spending: Finance minister

Economy

04 December, 2020

Economy on rebound, govt focuses on spending: Finance minister

India's economy will return to growth in 2021/22 after a sharp contraction in the latest year, and higher public spending ......