Economy

Economy

29 July, 2020

India's gloomy outlook darkens, recovery path in doubt: Poll

The outlook for India's reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably ......

Economy

24 July, 2020

Govt tightens import rules for bidders from China, other neighbours

India on Thursday said bidders from bordering countries eyeing government contracts would need prior registration and security clearances, a move ......

Economy

16 July, 2020

Why it may be time for RBI to pause its rate-cutting cycle

With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick ......

Economy

15 July, 2020

India posts first trade surplus in 18 years as coronavirus hits imports

India posted a trade surplus of $790 million in June, its first in over 18 years, with imports plunging as ......

Economy

14 July, 2020

Wholesale prices contract for third month in June

India’s wholesale price gauge contracted for a third month in June, data released by the Ministry of Commerce and Industry ......

Economy

13 July, 2020

Retail inflation accelerates in June on costlier food items

India’s annual retail inflation rose to 6.09% in June compared with 5.84% in March, pushed by a bigger increase in ......

Economy

03 July, 2020

India's services activity stayed in deep contraction in June: PMI

India's crippled services industry, the lifeblood of economic growth and jobs, contracted sharply in June as an extended lockdown imposed ......

Economy

01 July, 2020

India's jobless rate falls to 11% in June as lockdown eases: CMIE

India's unemployment rate in June fell to 11% from 23.5% in May, according to data released by the Centre for ......

Economy

30 June, 2020

India's fiscal deficit touches 58.6% of annual target in two months

India’s federal fiscal deficit in the first two months through May stood at 4.66 trillion rupees ($61.67 billion), or 58.6% ......

Economy

25 June, 2020

IMF predicts deeper global recession due to coronavirus pandemic

The coronavirus pandemic has caused wider and deeper damage to economic activity than first thought, the International Monetary Fund said ......