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Retail inflation remains over 7% for second straight month in October

Economy

12 November, 2020

Retail inflation remains over 7% for second straight month in October

India's retail inflation remained above 7% in October for a second straight month as vegetable prices stayed at elevated levels, ......

Moody's expects India GDP to shrink by 8.9% in 2020

Economy

12 November, 2020

Moody's expects India GDP to shrink by 8.9% in 2020

Moody's Investors Service said on Thursday it expects India's economy to shrink by 8.9% in the 2020 calendar year due ......

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

India's October factory growth at decade high but firms cut jobs for seventh month

Manufacturing

02 November, 2020

India's October factory growth at decade high but firms cut jobs for seventh month

India's factory activity expanded at its fastest pace in over a decade in October as demand and output continued to ......

India's October jobless rate rises to 6.98%: CMIE

Economy

02 November, 2020

India's October jobless rate rises to 6.98%: CMIE

India’s unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for ......

Indian economy set for a near double-digit contraction this FY: Poll

Economy

22 October, 2020

Indian economy set for a near double-digit contraction this FY: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go ......

IMF cuts Asia's growth forecast on sharper India contraction

Economy

21 October, 2020

IMF cuts Asia's growth forecast on sharper India contraction

The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a ......

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

IMF sees trouble in emerging markets but less severe global contraction

Economy

14 October, 2020

IMF sees trouble in emerging markets but less severe global contraction

Forecasts for the global economy are "somewhat less dire" as rich nations and China have rebounded quicker than expected from ......

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Economy

13 October, 2020

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Spending to help India's pandemic-hit economy is likely to face delays after the federal government and some states on Monday ......