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  • Big Story | India Q2 GDP: What is a technical recession and how long will India take to recover? Nov 28, 2020 09:30 AM IST

    Big Story | India Q2 GDP: What is a technical recession and how long will India take to recover?

    India has formally entered a technical recession as the GDP contracted for the second consecutive quarter. Let's find out what this means for the Indian economy:

  • Under PM Modi, India's economy in recession first-time ever: Rahul Gandhi Nov 27, 2020 08:26 PM IST

    Under PM Modi, India's economy in recession first-time ever: Rahul Gandhi

    Rahul Gandhi said this after India's GDP growth contracted by 7.5 percent in the July-September quarter. The GDP had contracted by 23.9 percent in the April-June quarter.

  • Q2 GDP: COVID-hit economy still in negative, but data holds out promise for positive report soon Nov 27, 2020 07:42 PM IST

    Q2 GDP: COVID-hit economy still in negative, but data holds out promise for positive report soon

    The COVID-19 pandemic’s effect on the Indian economy has been brutal and debilitating. A disaggregated analysis of the Q2 GDP numbers, however, held out hope amid the piling rubble of ruin with many sectors including manufacturing, agriculture, and electricity reporting smart rebound

  • Q2 GDP data: Manufacturing enters positive zone, construction continues to see contraction Nov 27, 2020 06:11 PM IST

    Q2 GDP data: Manufacturing enters positive zone, construction continues to see contraction

    Manufacturing saw a growth of 0.6 percent in July-September of 2020-21, against a contraction of 0.6 percent in the same period a year ago, while construction saw a contraction of 8.6 percent, against a growth of 2.6 percent in the same period a year ago

  • India Q2 GDP: Are signs of revival real and what do latest numbers mean for FY21? Nov 27, 2020 05:35 PM IST

    India Q2 GDP: Are signs of revival real and what do latest numbers mean for FY21?

    A recovery post-Covid will depend on how fast the vaccine is rolled out and consumer confidence is restored.

  • India enters recession as GDP contracts 7.5% in July-September Nov 27, 2020 05:33 PM IST

    India enters recession as GDP contracts 7.5% in July-September

    The Indian economy had contracted by 23.9 percent in the April-June quarter.

  • Q2 GDP Data Highlights | India enters recession as GDP contracts 7.5%, but experts see V-shaped recovery Nov 27, 2020 03:01 PM IST

    Q2 GDP Data Highlights | India enters recession as GDP contracts 7.5%, but experts see V-shaped recovery

    CEA Krishnamurthy Subramanian stated that each of the high frequency indicators were doing well till February until COVID-19 hit, while CSO Kshatrapati Shivaji sees V-shaped recovery.

  • FMCG industry sees signs of recovery in September quarter: Nielsen Nov 27, 2020 09:40 AM IST

    FMCG industry sees signs of recovery in September quarter: Nielsen

    The growth witnessed in the fast-moving consumer goods (FMCG) sector was also a reflection of positivity witnessed in the overall macroeconomic scenario amid opening up of the economy and easing of lockdown restrictions

  • Big Story | How NIIF debt platform can play a major role in infrastructure financing Nov 26, 2020 05:51 PM IST

    Big Story | How NIIF debt platform can play a major role in infrastructure financing

    In a bid to push infrastructure creation in the country, the Union Cabinet has approved Rs.6000 crore capital infusion in National Investment and Infrastructure Fund's (NIIF) debt platform over the next two years. How this move will play a role in infrastructure financing? Let's find out

  • Cabinet clears equity infusion of Rs 6,000 crore in NIIF debt platform over two years Nov 25, 2020 03:28 PM IST

    Cabinet clears equity infusion of Rs 6,000 crore in NIIF debt platform over two years

    The government will provide Rs 6,000 crore; the National Investment Infrastructure Fund (NIIF) will provide Rs 7,000 crore equity and nearly Rs 1 lakh crore will be raised from the bond market, he said.

  • Non-performing loans in Indian banking sector to rise in next 12-18 months: S&P Nov 24, 2020 01:58 PM IST

    Non-performing loans in Indian banking sector to rise in next 12-18 months: S&P

    It said forbearance is "masking" problem assets for Indian banks arising from COVID-19 and the financial institutions will likely have trouble maintaining momentum after the proportion of Non-performing loans (NPL) to total loans declined consistently so far this year.

  • Indian economy may be recovering faster than anticipated: Oxford Economics Nov 15, 2020 11:48 AM IST

    Indian economy may be recovering faster than anticipated: Oxford Economics

    Oxford Economics further said that inflation is expected to average significantly above 6 percent in the fourth quarter of the current fiscal and the RBI may hold policy rates in December monetary policy review meeting.

  • Big Story | All about FM Nirmala Sitharaman's latest economic stimulus package Nov 13, 2020 06:07 PM IST

    Big Story | All about FM Nirmala Sitharaman's latest economic stimulus package

    Union Finance Minister Nirmala Sitharaman on Nov 12 rolled out 12 measures as part of the Atmanirbhar Bharat 3.0 stimulus package worth Rs 1.2 lakh crore to boost the economy.

  • Watch | FM Nirmala Sitharaman announces Rs 2.65 lakh-crore stimulus package: Here are the highlights Nov 12, 2020 11:11 PM IST

    Watch | FM Nirmala Sitharaman announces Rs 2.65 lakh-crore stimulus package: Here are the highlights

    Watch the video to catch the highlights of the Rs 2.65 lakh-crore fiscal stimulus package announced by Finance Minister Nirmala Sitharaman.

  • Business Insight | Production-linked incentive scheme gives push to Make In India Nov 12, 2020 07:35 PM IST

    Business Insight | Production-linked incentive scheme gives push to Make In India

    The Cabinet-approved plan offers momentum to manufacturing. Find out more about the 10 champion sectors under the production-linked incentive (PLI) scheme here.

  • Atmanirbhar Bharat 3.0: Total stimulus package announced is of Rs 29.87 lakh core, 15% of GDP, says FM Sitharaman Nov 12, 2020 03:10 PM IST

    Atmanirbhar Bharat 3.0: Total stimulus package announced is of Rs 29.87 lakh core, 15% of GDP, says FM Sitharaman

    Atmanirbhar Bharat 3.0 package announced on November 12, under which 12 measures amounting to Rs 2.65 lakh crore were listed

  • Diwali gift: Govt likely to announce stimulus package today; sector specific measures on the cards Nov 12, 2020 09:02 AM IST

    Diwali gift: Govt likely to announce stimulus package today; sector specific measures on the cards

    Moneycontrol had on November 11 reported that the stimulus package will focus on employment generation and incentives for stressed sectors.

  • PLI scheme will boost local production of white goods, says industry association Nov 11, 2020 07:15 PM IST

    PLI scheme will boost local production of white goods, says industry association

    PLI scheme will help set up local manufacuring facilities for appliances like air conditioners as also products like LED lights.

  • Government approves Rs 1.46 lakh crore PLI scheme for 10 sectors; here are the details Nov 11, 2020 05:06 PM IST

    Government approves Rs 1.46 lakh crore PLI scheme for 10 sectors; here are the details

    Moneycontrol had in September reported the government was considering widening the Performance-Linked Incentive scheme. Apart from pharmaceuticals and medicines, the government also notified a PLI for the electronics and mobile phone sectors.

  • In the east, Chinese incursion in India’s festive season sales continues unchecked—Part III Nov 11, 2020 03:09 PM IST

    In the east, Chinese incursion in India’s festive season sales continues unchecked—Part III

    ‘Buy local’ and ‘Boycott China’ may be the slogans of the season, but Chinese products are packed to the rafters in the large wholesale and retail stores in Mumbai’s Crawford Market and Kolkata’s Burrabazaar. This is the concluding part of a three-part series.

  • Alibaba Singles Day sales hit $56 billion with record peak of 583,000 orders per second Nov 11, 2020 11:57 AM IST

    Alibaba Singles Day sales hit $56 billion with record peak of 583,000 orders per second

    This is being viewed as another indicator of China’s “economic rebound” from the pandemic after the coronavirus emerged in Wuhan last year, as Alibaba is not the only player seeing big numbers

  • Centre may announce PF subsidy for companies hiring more employees Nov 10, 2020 02:59 PM IST

    Centre may announce PF subsidy for companies hiring more employees

    Proposal may be included in the next stimulus package. An existing company may be asked to add at least two new recruits if it has 50 or fewer employees. If it has more than 50 employees, then, at least five new recruits may be have to be added to avail of this subsidy.

  • Explained: Here’s how campus placements amidst lockdown will work this season Nov 10, 2020 01:22 PM IST

    Explained: Here’s how campus placements amidst lockdown will work this season

    Whether it is a well-known company or a startup that is looking to hire engineers and MBAs, the first step is to make a company presentation in front of the graduating batch. Since no face-to-face interaction is possible, institutes are expecting a three-round-interview against the average single-round interview this time.

  • Aon Salary Increase Survey: Increment of 7.3% projected for 2021 Nov 04, 2020 01:36 PM IST

    Aon Salary Increase Survey: Increment of 7.3% projected for 2021

    The study said that, as of September-October 2020, 87 percent of surveyed companies report they intend to pay out salary increases in 2021.

  • India, US ties to get stronger, PE flow to continue irrespective of who the next president is Nov 04, 2020 12:35 PM IST

    India, US ties to get stronger, PE flow to continue irrespective of who the next president is

    India stands to benefit significantly from this ongoing reorganization of global geopolitics.

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