Economy
Economy
Govt hikes taxes on petrol, diesel to boost revenue
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......
Economy
Fitch warns India against further deterioration in fiscal outlook
India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the ......
Economy
RBI throws lifeline for mutual funds facing redemption pressure
Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth ......
Economy
Locked-down Indian economy in its worst quarter since mid-1990s: Poll
The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to ......
Economy
Explained: What the US oil flash crash means for India, consumers
On Monday night India time, history was created when the US benchmark oil contract price fell below zero. The May contract ......
Economy
RBI cuts reverse repo rate in bid to spur bank lending
The Reserve Bank of India unexpectedly cut its key deposit rate for the second time in three weeks on Friday ......
Economy
Pandemic to halt Asia's growth for first time in 60 years: IMF
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus ......
Economy
India's exports slump almost 35% in March, outlook grim
India's merchandise exports shrank by more than one-third from a year ago, hit by a fall in global demand and ......
Economy
Barclays slashes India's GDP forecast as govt extends lockdown
UK’s Barclays bank has cut India’s GDP forecast to 0.8%, from an earlier estimate of 3.5% for the financial year ......
Economy
Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF
The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will ......
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