Economy

Economy

26 May, 2020

Jan-March GDP growth likely to be weakest since 2012: Poll

India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, ......

Economy

22 May, 2020

RBI cuts interest rates again, projects GDP to contract in FY21

The Reserve Bank of India on Friday cut interest rates by 40 basis points in a surprise move to revive ......

Economy

20 May, 2020

RBI may need to aggressively cut rates alongside fiscal stimulus: Economists

The Indian government's frugal economic stimulus package has put pressure on the Reserve Bank of India to intervene, as analysts ......

Economy

18 May, 2020

Why Modi govt's economic plan is unlikely to soften coronavirus blow

India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks ......

Economy

18 May, 2020

India economy to contract 45% annualised in April-June: Goldman Sachs

Goldman Sachs expects India's economy to shrink 45% on an annualised basis in the quarter to the end of June, ......

Economy

13 May, 2020

How analysts and economists view government's stimulus

India's government said on Wednesday it will offer nearly $60 billion of loan guarantees for small businesses, shadow banks and ......

Economy

13 May, 2020

Govt unveils $80 bn in credit lines, liquidity schemes for MSMEs, NBFCs, discoms

The Narendra Modi government on Wednesday kicked off the first round of announcements of what it promises will be a ......

Economy

08 May, 2020

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......

Economy

08 May, 2020

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country expected to ......

Economy

06 May, 2020

India's services activity collapses as coronavirus cripples global demand

India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike ......