Economy

Economy

23 June, 2020

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

18 June, 2020

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

17 June, 2020

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

15 June, 2020

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

12 June, 2020

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

10 June, 2020

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

09 June, 2020

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

05 June, 2020

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

03 June, 2020

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

29 May, 2020

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 ......