Economy
Economy
Why a surge in money supply in India shows greater uncertainty, not growth
Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation as people ......
Economy
Fitch cuts India outlook to ‘negative' on virus worries
Fitch cut its outlook on India's sovereign rating to "negative" from "stable" on Thursday and forecast a 5% contraction in ......
Economy
IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath
The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020 and ......
Economy
Indian exports fall by over 36% in May
India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall ......
Economy
Govt suspends release of inflation, industrial output data for lockdown period
India said on Friday it was putting off the release of headline consumer price inflation numbers for April and May, ......
Economy
OECD sees deepest peace-time slump in a century
The global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted ......
Economy
Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank
The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning ......
Economy
RBI monetary policy panel sees space for more easing
The impact of the pandemic on India's economy has been far more acute than expected and the central bank's monetary ......
Economy
India's services sector slump stretched into May: PMI
India’s enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near ......
Economy
GDP growth slows to eight-year low in Jan-March with worse to come
India’s gross domestic product expanded at a sharply slower pace for the quarter and year through March 2020, as the ......