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Economy

Tackling India's weak economic growth is top priority for RBI

Economy

21 August, 2019

Tackling India's weak economic growth is top priority for RBI

Fixing India's weak growth has become the highest priority while a benign inflation outlook has given the central bank room ......

Govt panel suggests across board corporate tax cut to 25%

Economy

20 August, 2019

Govt panel suggests across board corporate tax cut to 25%

An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......

RBI weighs linking some new bank loans to policy rate

Economy

19 August, 2019

RBI weighs linking some new bank loans to policy rate

The Reserve Bank of India is looking to get banks to link some new loans to its key policy rate ......

India govt unlikely to unveil economic stimulus before Monday

Economy

16 August, 2019

India govt unlikely to unveil economic stimulus before Monday

The government is unlikely to announce any economic stimulus before Monday as more meetings are being planned to discuss a ......

ANZ slashes GDP growth forecast for India, says turnaround tough

Economy

16 August, 2019

ANZ slashes GDP growth forecast for India, says turnaround tough

The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2% in the financial ......

July WPI inflation slows to more than two-year low as economy falters

Economy

14 August, 2019

July WPI inflation slows to more than two-year low as economy falters

India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their power ......

July retail inflation stays low enough to allow RBI a fifth rate cut

Economy

13 August, 2019

July retail inflation stays low enough to allow RBI a fifth rate cut

India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th straight ......

Economic outlook worsens as trade dispute ramps up: Goldman Sachs, Ifo

Economy

12 August, 2019

Economic outlook worsens as trade dispute ramps up: Goldman Sachs, Ifo

Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing ......

RBI makes deeper-than-expected cut in interest rates to speed up growth

Economy

07 August, 2019

RBI makes deeper-than-expected cut in interest rates to speed up growth

The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of ......

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Economy

29 July, 2019

Finance minister Sitharaman seeks rate cuts, says no review on overseas borrowing plan

Finance minister Nirmala Sitharaman, called for a "significant" reduction in the central bank's policy rates and said the government did ......