Economy
Economy
Govt appoints three members on RBI's monetary policy panel
The Indian government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank’s monetary policy ......
Economy
RBI likely to keep rates on hold, defers monetary policy meeting
The Reserve Bank of India is expected to keep key rates unchanged at its upcoming monetary policy review, but may ......
Economy
India's recovery not entrenched, will only be gradual: RBI chief
Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not entrenched ......
Economy
‘Developing Asia' to shrink for first time in nearly six decades: ADB
The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six decades ......
Economy
S&P expects India's economy to contract 9% in FY21
S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......
Economy
Govt likely to borrow more to tide over revenue shortfall
Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to ......
Economy
Indian economy projected to contract 11.8% in FY21: Fitch arm
India's economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing ......
Economy
India's services activity shrinks for sixth month in August, job losses mount
Activity in India's crippled services industry fell for a sixth straight month in August as coronavirus restrictions continued to hurt ......
Economy
Indian economy shrinks record 23.9% in April-June quarter
India's economy contracted at its steepest pace on record of 23.9% in the June quarter as the pandemic lockdown cut ......
Economy
India's fiscal deficit crosses full-year budget target in four months
India's federal fiscal deficit in the four months to end July stood at 8.21 trillion rupees ($111.7 billion), or 103.1% ......