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Economy

Indian services industry loses some steam in November

Economy

03 December, 2020

Indian services industry loses some steam in November

Growth in India’s dominant services industry lost some momentum in November as demand weakened, a private survey showed on Thursday, ......

From small businesses to farmers, middle India is driving demand

Economy

30 November, 2020

From small businesses to farmers, middle India is driving demand

Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western ......

Retail inflation remains over 7% for second straight month in October

Economy

12 November, 2020

Retail inflation remains over 7% for second straight month in October

India's retail inflation remained above 7% in October for a second straight month as vegetable prices stayed at elevated levels, ......

Moody's expects India GDP to shrink by 8.9% in 2020

Economy

12 November, 2020

Moody's expects India GDP to shrink by 8.9% in 2020

Moody's Investors Service said on Thursday it expects India's economy to shrink by 8.9% in the 2020 calendar year due ......

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

Centre planning about $20 bn of new stimulus

Economy

11 November, 2020

Centre planning about $20 bn of new stimulus

India is planning to announce a fresh round of stimulus worth about $20 billion (around Rs 1.5 trillion) this week ......

India's services activity grows in October for first time in eight months

Economy

04 November, 2020

India's services activity grows in October for first time in eight months

Activity in India's dominant services industry expanded for the first time in eight months in October as demand surged, but ......

RBI explores investment options for forex reserves

Economy

03 November, 2020

RBI explores investment options for forex reserves

The Reserve Bank of India is looking at diversifying its foreign exchange reserve investments amid the fall in global interest ......

India's October jobless rate rises to 6.98%: CMIE

Economy

02 November, 2020

India's October jobless rate rises to 6.98%: CMIE

India’s unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for ......

Indian economy set for a near double-digit contraction this FY: Poll

Economy

22 October, 2020

Indian economy set for a near double-digit contraction this FY: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go ......