Economy
Economy
IMF cuts Asia's growth forecast on sharper India contraction
The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a ......
Economy
Govt asks state-run firms to consider buybacks in move to bridge fiscal gap
India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......
Economy
GST shortfall: Central govt to borrow $15 bn to give to states
India's federal government said it plans to borrow 1.1 trillion rupees in tranches to compensate states for tax losses due ......
Economy
IMF sees trouble in emerging markets but less severe global contraction
Forecasts for the global economy are "somewhat less dire" as rich nations and China have rebounded quicker than expected from ......
Economy
Centre, some states in stalemate on borrowing to boost pandemic-hit economy
Spending to help India's pandemic-hit economy is likely to face delays after the federal government and some states on Monday ......
Economy
Govt unveils economic stimulus to boost demand by $10 bn
India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......
Economy
RBI expects GDP to contract 9.5% in FY21, holds rates steady
The Reserve Bank of India left key interest rates unchanged on Friday as widely expected, while retaining an accommodative monetary ......
Economy
South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank
Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......
Economy
RBI widely seen holding rates at policy meeting this week
The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting ......
Economy
India's services sector slump eased in Sept, but job losses balloon
The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus restrictions, but demand ......
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