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 ......
Manufacturing
India's factory activity slumped to record low in April: PMI
India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread ......
General
Govt extends lockdown, allows relaxations in lower-risk zones
India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would ......
Infrastructure
India's March infrastructure output contracts 6.5%
India's infrastructure output contracted in March, for the first time in five months, as the national lockdown imposed late last ......
Finance
Govt pushes lending, asks banks for daily reports
India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit a ......
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 ......
Finance
Global CEOs see U-shaped recession due to coronavirus: Survey
Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their ......
General
Factories, farming restart in rural areas even as coronavirus cases rise
Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown ......
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
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 ......
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