May 22, 2020 12:50 PM IST
Indian economy already was growing at its slowest pace in six years even before the coronavirus outbreak and the announcement of government stimulus measures falling short of expectations, the disruptions may be more.
- May 22, 2020 09:45 AM IST
The board of directors of Chennai Petroleum Corp Ltd (CPCL) have approved raising "funds through domestic bonds up to Rs 1,000 crore during the FY 2020-21 through private placement, towards balancing the short term/long term (borrowing) mix," the firm said in a regulatory filing.
- May 18, 2020 12:53 PM IST
The analysts at Bank of America (BofA) and Nomura maintained their earlier GDP estimates suggesting a contraction of 0.1 per cent and 5 per cent, respectively, for FY21 even after the announcement of the Rs 20 lakh crore economic package.
- Apr 27, 2020 03:02 PM IST
India has spent more than a month in a nationwide lockdown, with its industries shut, to stem the coronavirus pandemic that has caused 26,496 infections and 824 deaths, among 2.97 million cases worldwide.
- Apr 13, 2020 07:45 AM IST
India's economy is expected to grow 1.5 percent to 2.8 percent in the 2020-21 fiscal which started on April 1, the World Bank said in its South Asia Economic Focus report.
- Mar 30, 2020 02:43 PM IST
The growth estimate for 2020-21 fiscal (April 2020 to March 2021) compares with a 4.9 per cent forecast in the current 2019-20 that ends on Tuesday.
- Mar 19, 2020 08:10 AM IST
Since the bifurcation (October 31), as many as 45 lakh beneficiaries have got Rs 1,705 crore disbursed through direct benefit transfers to their accounts directly during this financial year, Finance Minister Nirmala Sitharaman said in reply to the debate on Budget for Jammu and Kashmir and Ladakh.
- Mar 18, 2020 10:52 AM IST
This would take the policy repurchase (repo) rate to 3.40 percent and 3.00 percent, respectively, from 5.15 percent and 4.75 percent at present.
- Mar 13, 2020 08:29 AM IST
The GDP growth is set to slip to a decadal low of 5 percent for FY20 as per official estimates and hopes of a revival are being pinned on the next fiscal.
- Jan 16, 2020 01:30 PM IST
The bank has raised USD 1.7 billion (about Rs 11,900 crore) of overseas borrowing through bond issuances and foreign loans in current financial year.
- Dec 04, 2019 10:34 AM IST
Experts are of the view that amid a slowdown in growth, the central bank could well cut rates by 25-50 bps in December meeting to support growth in Asia’s third-largest economy.
- Dec 03, 2019 12:45 PM IST
Milkbasket, which already offers delivery of over 9,000 products across FMCG, dairy, fruits and vegetables categories, currently has an average revenue run rate (ARR) of about USD 50 million.
- Oct 15, 2019 06:53 PM IST
The downward revision in India's growth forecast by the IMF reflects a weaker-than-expected outlook for domestic demand.