Economy
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Economy
Moody's cuts growth forecast for India to 5.8% this fiscal year
Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to ......
Economy
IMF chief warns of ‘synchronized slowdown' in global growth
The global economy is experiencing a “synchronized slowdown,” the new head of the International Monetary Fund said on Tuesday, warning ......
Economy
RBI cuts rates for fifth time in a row, slashes growth forecast
The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, ......
Economy
India's services sector contracts in September on weak demand
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early ......
Economy
RBI to pick up slack as India stimulus measures to fall short: Poll
Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said a majority of ......
Economy
India to borrow gross $38 bn during October-March
India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic ......
Economy
Heaviest rains in 25 years to help revive tepid rural demand
Monsoon rains in India were 10% above average in 2019 and the highest in 25 years as seasonal rainfall continued ......
Economy
Current account deficit narrows in June quarter
India’s current account deficit (CAD) narrowed to 2% of gross domestic product in the June quarter of the fiscal year ......
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......