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Flashback 2020: COVID-19 shook, rattled and rolled the global economy

Economy

31 December, 2020

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists ......

India's current account surplus shrinks in July-September

Economy

31 December, 2020

India's current account surplus shrinks in July-September

India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as ......

Govt eyes asset sales to partly fund higher spending next year

Economy

30 December, 2020

Govt eyes asset sales to partly fund higher spending next year

India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying ......

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Flashback 2020: A limping economy and high human cost in a year best forgotten

Economy

22 December, 2020

Flashback 2020: A limping economy and high human cost in a year best forgotten

As the year 2020 began, few would have imagined that the world would literally be thrown into the biggest crisis ......

RBI panel to keep monetary policy accommodative, sees limited room for rate cut

Finance

18 December, 2020

RBI panel to keep monetary policy accommodative, sees limited room for rate cut

The Reserve Bank of India is likely to maintain its accommodative monetary policy stance but a faster-than-expected recovery in growth ......

RBI keeps interest rates steady, raises GDP forecast

Economy

04 December, 2020

RBI keeps interest rates steady, raises GDP forecast

The Reserve Bank of India (RBI) kept its key interest rates steady as widely expected on Friday amid persistently high ......

Economy on rebound, govt focuses on spending: Finance minister

Economy

04 December, 2020

Economy on rebound, govt focuses on spending: Finance minister

India's economy will return to growth in 2021/22 after a sharp contraction in the latest year, and higher public spending ......

India's factory recovery stumbled in November as COVID-19 fears remain

Manufacturing

01 December, 2020

India's factory recovery stumbled in November as COVID-19 fears remain

India's manufacturing recovery faltered in November as coronavirus fears weighed on demand and output, prompting firms to cut jobs for ......

From small businesses to farmers, middle India is driving demand

Economy

30 November, 2020

From small businesses to farmers, middle India is driving demand

Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western ......

Indian economy contracts for second quarter in a row, recovery seen next year

General

27 November, 2020

Indian economy contracts for second quarter in a row, recovery seen next year

The Indian economy shrank for the second straight quarter through September, although it showed signs of a pick-up after the ......