you are here: HomeNewsEconomy
economy
Jump to
49602 Results Found
  • Job loss insurance: Policybazaar CEO says new products to provide affordable cover, EMI relief on losing income Dec 01, 2020 07:14 PM IST

    Job loss insurance: Policybazaar CEO says new products to provide affordable cover, EMI relief on losing income

    Policybazaar has launched a vertical wherein individuals fearing a job loss can purchase relevant insurance policies from the website.

  • Explained | Q2 GDP: Does manufacturing data flatter to deceive? Dec 01, 2020 04:33 PM IST

    Explained | Q2 GDP: Does manufacturing data flatter to deceive?

    One of the most crucial input data points used in GDP and GVA calculations is the Index of Industrial Production (IIP). IIP contracted by 10.4 per cent in July year-on-year, by 8 per cent in August and expanded by 0.2 per cent in September. So, in a quarter where IIP contracted during two months and barely rose in month, manufacturing GVA showed positive growth.

  • Govt will reach solution after discussing farmers' issues: Agriculture Minister Tomar Dec 01, 2020 03:53 PM IST

    Govt will reach solution after discussing farmers' issues: Agriculture Minister Tomar

    For the meeting at Vigyan Bhawan here, Union Agriculture Minister Narendra Singh Tomar was accompanied by Railways and Commerce and Industry Minister Piyush Goyal and Minister of State for Commerce Som Parkash, also an MP from Punjab.

  • India's unemployment rate declines to 6.51% in November: CMIE Dec 01, 2020 03:46 PM IST

    India's unemployment rate declines to 6.51% in November: CMIE

    In November, the rural unemployment rate was 6.26 percent, as against 6.90 percent the previous month.

  • Govt should include industrial strategy in Union Budget, says CUTS International Dec 01, 2020 02:35 PM IST

    Govt should include industrial strategy in Union Budget, says CUTS International

    In its pre-Budget submissions made to the finance ministry, it also said there is a need to avoid inconsistencies in design and implementation of government policies.

  • GST collections cross Rs 1 lakh crore mark for second month in a row Dec 01, 2020 02:31 PM IST

    GST collections cross Rs 1 lakh crore mark for second month in a row

    The gross GST collections for November stood at Rs 1.04 lakh crore, 1.4 percent higher than the sum collected in the same month last year

  • COVID-19 impact: Policybazaar launches job loss insurance vertical Dec 01, 2020 01:38 PM IST

    COVID-19 impact: Policybazaar launches job loss insurance vertical

    In case of job loss, the insurer pays the home loan installments upto three months depending on the size of the cover. So far, standalone products were not available in the market and this vertical will help customers directly buy income loss insurance.

  • Fixed deposit interest rates: Check out latest FD rates of SBI, HDFC Bank Dec 01, 2020 12:36 PM IST

    Fixed deposit interest rates: Check out latest FD rates of SBI, HDFC Bank

    Read on to know fixed deposit interest rates of SBI and HDFC Bank

  • RBI seen holding rates; liquidity stance watched Dec 01, 2020 12:23 PM IST

    RBI seen holding rates; liquidity stance watched

    Economists and market participants are closely watching the commentary from the RBI around liquidity. The overnight call money rate has fallen below the reverse repo rate on days on account of the excess liquidity in the banking system.

  • India's manufacturing PMI slips to 3-month low in November Dec 01, 2020 11:33 AM IST

    India's manufacturing PMI slips to 3-month low in November

    The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.

  • New RTGS timings from December 1: All you need to know Dec 01, 2020 09:49 AM IST

    New RTGS timings from December 1: All you need to know

    RTGS is used for large-value transactions; the minimum amount to be remitted through RTGS is Rs 2 lakh with no maximum limit. This is done in order to boost the adoption of digital payments.

  • Coronavirus News highlights: Kerala reports 5,375 fresh COVID-19 cases, 26 deaths Dec 01, 2020 07:18 AM IST

    Coronavirus News highlights: Kerala reports 5,375 fresh COVID-19 cases, 26 deaths

    Coronavirus News highlights: Total COVID-19 cases in India have risen to 94.62 lakh. There are 4,35,603 active cases in the country.

  • Fed says extending four emergency liquidity programs to March 31, 2021 Nov 30, 2020 08:45 PM IST

    Fed says extending four emergency liquidity programs to March 31, 2021

    The programs, separate from credit programs the US Treasury recently ordered closed on Dec. 31, include the Commercial Paper Liquidity Facility, the Primary Dealer Credit Facility, the Money Market Mutual Fund Liquidity Facility, and the Paycheck Protection Program Liquidity Facility.

  • Extended ECLGS can infuse over Rs 40,000 crore liquidity: Report Nov 30, 2020 07:19 PM IST

    Extended ECLGS can infuse over Rs 40,000 crore liquidity: Report

    The possible over Rs 40,000-crore liquidity through the ELCGS 2.0 will be sufficient to help companies, including those hit by a sharp decline in cash flows because of the pandemic, to overcome liquidity pressures,” says a CRISIL report.

  • India's consumer spending to return to growth in 2021: Fitch Solutions Nov 30, 2020 06:13 PM IST

    India's consumer spending to return to growth in 2021: Fitch Solutions

    Consumer spending is forecast to have contracted by 12.6 percent in 2020.

  • India GDP outlook: S&P retains growth forecast at -9% for FY21 Nov 30, 2020 04:30 PM IST

    India GDP outlook: S&P retains growth forecast at -9% for FY21

    S&P, in its report on Asia Pacific, projected the Indian economy to grow at 10 percent in the next fiscal.

  • China factory activity edges up in November: Official data Nov 30, 2020 03:32 PM IST

    China factory activity edges up in November: Official data

    The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity in China, has largely rebounded following strict measures to curb the virus early in the year, coming in at 52.1 this month.

  • Analysts narrow FY21 GDP outlook over July-September data Nov 30, 2020 03:23 PM IST

    Analysts narrow FY21 GDP outlook over July-September data

    According to experts, that result of policy decisions like timely unlocking of the economy, pitch for self-reliance, and relief measures for various sectors have yielded desired results quicker than expected

  • Banks in India to see capital decline over 2 years without fresh infusion: Moody's Nov 30, 2020 03:09 PM IST

    Banks in India to see capital decline over 2 years without fresh infusion: Moody's

    In India, stress among non-bank financial institutions will also curtail their capacity to lend, Moody's noted.

  • No COVID-19 impact? IIT Madras gets higher pre-placement offers this year than in 2019 Nov 30, 2020 01:47 PM IST

    No COVID-19 impact? IIT Madras gets higher pre-placement offers this year than in 2019

    Among the companies, Texas Instruments and Microsoft made the highest offers - 12 each. Qualcomm made 10 offers while Goldman Sachs and American Express made 9 offers each

  • 'Q2 GDP looks much better but no guarantee of improvement unless government spends more' Nov 30, 2020 09:47 AM IST

    'Q2 GDP looks much better but no guarantee of improvement unless government spends more'

    One should draw comfort from the fact that the GDP number is better-than-expected, and the final GDP number for the whole year may be a shade better than what was thought before, says Dr Joseph Thomas of Emkay Wealth Management.

  • Petrol price at Rs 89/litre in Mumbai, cost of diesel at Rs 72.42/litre in Delhi Nov 30, 2020 08:51 AM IST

    Petrol price at Rs 89/litre in Mumbai, cost of diesel at Rs 72.42/litre in Delhi

    Petrol, diesel price today: While the prices of petrol and diesel remained unchanged in Mumbai and Delhi on November 30, they fell marginally in Gurugram, Noida and Chennai.

  • Farmers' Protest News Highlights: Will continue agitation until our demands are met, says farmer leaders on protest against new agri laws Nov 30, 2020 08:10 AM IST

    Farmers' Protest News Highlights: Will continue agitation until our demands are met, says farmer leaders on protest against new agri laws

    Farmers' Protest News Highlights: A group of farmers marched to the national capital as part of their 'Delhi Chalo' movement to protest against the Centre's new farm laws

  • From small businesses to farmers, here's how middle India is driving demand Nov 29, 2020 08:56 PM IST

    From small businesses to farmers, here's how middle India is driving demand

    Farmers, benefiting from a bumper crop, are lapping up tractors while demand for personal vehicles, due to a lack of public transport and the need for safer travel options, has boosted sales of cars and motorcycles

  • Finance ministry asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources Nov 29, 2020 02:00 PM IST

    Finance ministry asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources

    Earlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak financial positions of these three companies. Instead, the government approved fund infusion of Rs 12,450 crore to meet regulatory parameters.

Sections