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Govt unveils economic stimulus to boost demand by $10 bn

Economy

12 October, 2020

Govt unveils economic stimulus to boost demand by $10 bn

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......

RBI expects GDP to contract 9.5% in FY21, holds rates steady

Economy

09 October, 2020

RBI expects GDP to contract 9.5% in FY21, holds rates steady

The Reserve Bank of India left key interest rates unchanged on Friday as widely expected, while retaining an accommodative monetary ......

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

Govt appoints three members on RBI's monetary policy panel

Economy

06 October, 2020

Govt appoints three members on RBI's monetary policy panel

The Indian government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank’s monetary policy ......

RBI likely to keep rates on hold, defers monetary policy meeting

Economy

28 September, 2020

RBI likely to keep rates on hold, defers monetary policy meeting

The Reserve Bank of India is expected to keep key rates unchanged at its upcoming monetary policy review, but may ......

Premium
Normalcy in 9-12 months if helicopter cash rains: Kotak's Gupta

Finance

25 September, 2020

Normalcy in 9-12 months if helicopter cash rains: Kotak's Gupta

The Indian economy will recover in nine to 12 months and the most important factor for revival will be raining ......

India's recovery not entrenched, will only be gradual: RBI chief

Economy

16 September, 2020

India's recovery not entrenched, will only be gradual: RBI chief

Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not entrenched ......

‘Developing Asia' to shrink for first time in nearly six decades: ADB

Economy

15 September, 2020

‘Developing Asia' to shrink for first time in nearly six decades: ADB

The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six decades ......

S&P expects India's economy to contract 9% in FY21

Economy

14 September, 2020

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

Govt likely to borrow more to tide over revenue shortfall

Economy

10 September, 2020

Govt likely to borrow more to tide over revenue shortfall

Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to ......