GDP
General
Global coronavirus infections cross 4.2 mn, death toll moves past 285,000
More than 4.2 million people have been reported to be infected by the novel coronavirus globally and 285,339 have died, ......
Markets
Indian bond yields surge as government borrowing balloons
India's benchmark 10-year bond yield surged on Monday following the government's decision to sharply increase market borrowing amid a major ......
Economy
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
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 ......
Finance
How banks' credit growth slumped across sectors in the wake of coronavirus
In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......
Economy
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 ......
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 ......
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 ......