Indian economy
- Business
Commodity Concern: Rising prices emerge as next big hurdle for economic rebound
New Delhi: India’s slow but sure economic rebound faces rising inflation flared by high commodity prices as the next big hurdle to attain faster overall recovery. In the last 3-6 months, accelerated economic…
- India
Indian economy bounced back well from COVID-19, says World Bank
Washington: India’s economy has bounced back amazingly from the COVID-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank,…
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COVID-19 shrunk India’s middle class, doubled poverty: Study
New Delhi: The unprecedented coronavirus pandemic in 2020 has led to a major economic crisis especially in India, pushing millions of people from the middle class into poverty, revealed a study by…
- India
Indian economy grows by 0.4 pc in Oct-Dec
New Delhi: After contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. The gross domestic…
- India
Indian economy grows by 0.4 in Oct-Dec
New Delhi: After contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. The gross…
- Business
Indian economy likely to contract 7.7 pc in 2020-21: Govt data
New Delhi: Indian economy is estimated to contract 7.7 per cent in 2020-21 compared to 4.2 per cent growth in the previous fiscal, mainly on account of the impact of the COVID-19 pandemic.…
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Indian economy expected to contract by 9.6 percent in 2020-21: World Bank
Washington: India’s economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover…
- Business
India will be among top three economies of the world, Ambani tells Zuckerberg
Mumbai: Even while the domestic economy is showing very little signs of recovery and growth, India’s richest man Mukesh Ambani on Tuesday reaffirmed his belief that India will grow to be among…
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Indian economy contracts by 7.5% in Q2; enters first-ever ‘technical recession’
With the lingering effects of COVID-19 induced lockdown still prevailing, India entered into an unprecedented ‘technical recession’ with its economy contracting 7.5 per cent in the July-September quarter (Q2), the National Statistical…
- News
Misplaced priorities topping with suspected intention
Amir Ullah Khan The Indian government has been fighting various challenges on different fronts. But what is strange is the priorities – while people are dying of flu, the government is busy…
- India
Will take necessary measures to promote growth: RBI Governor
New Delhi: RBI Governor Shaktikanta Das on Wednesday assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth. Indian economy contracted…
- Business
Rs 3 lakh crore shortfall in GST revenues, Centre mulls borrowing
New Delhi: An estimated Rs 3-lakh-crore shortfall was seen in the revenue generated from goods and services tax collections. The Centre and states last week converged on the need to borrow more funds…
- Featured News
Economic crisis is an act of God, says Sitharaman; Is it really so?
Fatima Hasan When a new economic policy is announced, it is measured by how well it is doing in the public sphere and whether it is able to achieve its objectives. Based…
- Featured News
We are fine—to heck with slanderous Foreign False Flags
Shafeeq R. Mahajir We hear complaints which we all know are all foreign false flag complaints: highest unemployment rate in 45 years (NSSO Data), 22 out of 30 most polluted cities now…
- Photos
Press conference on Indian economy
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman addressing Press Conference under Aatma nirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 in New Delhi on Wednesday(Photos By Hamid Ali)
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Rahul thanks govt for changing FDI norms after his warning
New Delhi: Congress leader Rahul Gandhi thanked the government on Saturday for amending the foreign direct investment (FDI) policy after his warning on takeover of Indian companies by foreign players during the…
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IMF projects India’s growth rate at 1.9% in 2020 amid COVID-19
Washington: The IMF on Tuesday projected a GDP growth of 1.9 per cent for India in 2020, as the global economy hits the worst recession since the Great Depression in the 1930s…
- News
Indian economy taking wrong turns; requires course correction
Hyderabad: Centre for Research on Infrastructure Development & Policy (CRIDP), in partnership with Westland Publication, launched a book, All the wrong turns–Perspectives on the Indian Economy, at Lamakaan on February 13. The book is co-authored…
- Business
Indian economy well-poised to take off: Piyush Goyal
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Thursday said that the Indian economy is well-poised to take off and the government is committed to ensuring economic growth. Speaking at…
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India’s richest 1% four times wealthier than 70% of poor: Oxfam
DAVOS: In a report published ahead of the World Economic Forum’s annual meeting in Davos, Oxfam, the U.K.-based charitable organization said, “The world’s richest 1% hold more than twice the wealth of…
- Business
Indian economy to make gradual recovery by next fiscal
New Delhi: The Indian economy is expected to make a gradual recovery by the next fiscal in the backdrop of easing of global trade tensions and improved transmission, said Confederation of Indian…
- India
Ex-CEA Arvind Subramanian says Indian economy headed for ICU
New Delhi: Former Chief Economic Adviser, Arvind Subramanian said that the Indian economy headed for the Intensive Care Unit (ICU). He blamed ‘second wave’ of twin balance sheet problem at banks for…
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Why Indian economy is slowing down: Manmohan Singh explains
NEW DELHI: Former Prime Minister Manmohan Singh on Friday criticised the Narendra Modi government after India’s GDP growth rate went down to 4.5 per cent in the second quarter of 2019-20, terming…
- Business
Indian economy to grow 6.5 pc in FY19, 7.2 pc in FY20: ADB
Tokyo: The Asian Development Bank (ADB) has revised its outlook for India’s economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first…
- Business
Recession knocking at the door of the Indian economy: Amit Mitra
Kolkata: Expressing concern over the slump across various sectors, West Bengal Finance Minister Amit Mitra on Saturday predicted a deep recession knocking at the doors of the country’s economy. Mitra said the…
- India
Modi calls those who doubt USD 5 trillion economy as professional pessimists
Varanasi: Hailing his government’s budget, Prime Minister Narendra Modi on Saturday slammed those who doubt India’s capacity to achieve the target of USD 5 trillion in five years as “professional pessimists” and…
- Business
NDA regime’s continuity augers well for industry: ICRA
New Delhi: Though macro fundamentals of the economy”>Indian economy have taken an unfavourable turn in the past few quarters, the continuity of National Democratic Alliance (NDA) led by Prime Minister Narendra Modi…
- India
RBI rate cut unlikely to stimulate growth due to poor transmission: Ind-Ra
New Delhi: A rate cut, which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near term due to the absence of…
- Business
NITI Aayog can lead transformation of Indian economy: Vice Chairman Kumar
New Delhi: Vice Chairman of the National Institution for Transforming India (NITI) Aayog Rajiv Kumar said on Friday that the new government must think afresh on ways to create new jobs, modernize…
- Business
India’s growth to accerate from 7.4% to 7.6% in FY20: UN
New Delhi: With robust private consumption and 7.4 percent GDP growth rate in the current fiscal, the Indian economy is expected to accelerate at a rate of 7.6 percent in 2019-20, according…
