Apr 14, 2020 10:51 AM IST
Governments across the world are throwing deficit concerns out of the window to fight the pandemic
- Apr 13, 2020 07:10 PM IST
The economy will grow at 3.2 percent in the January-March period and contract by 6.1 percent (June quarter) and 0.5 percent September quarter, before rising by 1.4 percent in the last quarter of the calendar year, it said.
- Apr 13, 2020 03:10 PM IST
The Opposition party demanded that the Centre cleared all pending dues to the states to enable them to fight with the novel coronavirus pandemic, besides also giving each of them special economic packages.
- 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.
- Apr 09, 2020 01:10 PM IST
The pandemic has taught us the pitfalls of depending on other countries to meet our essential supplies. This is an opportune moment to focus and boost the Make in India programme
- Apr 09, 2020 11:50 AM IST
India's GDP growth for the fiscal year 2019-2020 was estimated at 5 per cent and is forecast to slow down to 4.8 per cent for the current fiscal 2020-21.
- Apr 08, 2020 04:25 PM IST
Many analysts have been doing downward reviews of their forecasts amid coronavirus concerns with some estimating a contraction in the first quarter of the fiscal, but this is the lowest forecast for the year as a whole yet.
- Apr 06, 2020 10:24 AM IST
Street-level bureaucracy is described as public service workers who interact directly with citizens in the course of their jobs, and liaise between policymakers and the general public to implement policy objectives.
- Apr 06, 2020 10:02 AM IST
The bottom could be some time away because we have fallen just 30 percent in 2 months while history suggests that bottom formation has taken anywhere between 10-27 months.
- Apr 03, 2020 04:50 PM IST
Fitch also said micro, small and medium-sized enterprises and the services segment are likely to be among the most affected amid reduced consumer spending.
- Mar 31, 2020 09:10 AM IST
As the world economy is entering recession, the G-20 will have to play a decisive role in mobilising resources and provide direction to major economies and multilateral institutions.
- 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 30, 2020 02:30 PM IST
The report comes amid a crippling impact on economic activity due to the three-week lockdown till April 14 which is expected to only aggravate the difficulties around growth that were existing before the pandemic. Some watchers are also estimating for a contraction of the economy in the June quarter.
- Mar 27, 2020 02:33 PM IST
The government needs to step back for the healthcare infrastructure to improve in this country.
- Mar 27, 2020 01:30 PM IST
In a tweet, the Finance Minister also welcomed RBI Governor Shaktikanta Das' statement that the macro economic fundamentals of the Indian economy are sound, and in fact stronger than what they were in the aftermath of the global financial crisis of 2008-09.
- Mar 27, 2020 10:35 AM IST
Moody's said, at the 2020 estimated growth rate, a sharp fall in incomes in India is likely, further weighing on domestic demand and the pace of recovery in 2021.
- Mar 27, 2020 10:00 AM IST
With the virus spreading rapidly, Prime Minister Narendra Modi announced a three-week nationwide lockdown on Tuesday which will have a huge detrimental impact on businesses.
- Mar 25, 2020 08:04 AM IST
With its third consecutive state-wide crisis, Kerala is at its wits end. There is a limit to what the state can do, and we will be in a serious crisis if the Centre does not help, writes Kerala Finance Minister Thomas Isaac.
- Mar 23, 2020 03:46 PM IST
"For the full year, we now expect India's real GDP growth to slow further to 4 percent year-on-year in FY21 (previously 5.1 percent)," UBS said in a research note.
- Mar 23, 2020 01:54 PM IST
It put "the total and permanent income loss for Asia-Pacific from COVID-19 at approximately USD 620 billion."
- Mar 23, 2020 10:22 AM IST
Under a worst case scenario, GDP growth in FY21 could fall to 3.5 percent
- Mar 23, 2020 09:55 AM IST
- Mar 20, 2020 10:28 AM IST
The tourism and hospitality sector that is in need of financial assistance is less likely to find any favour from the banking sector as the past record of the hospitality sector is riddled with loan defaults.
- Mar 18, 2020 07:50 AM IST
Asia-Pacific economic growth in 2020 will be more than halve to less than 3 percent as the "global economy enters a recession", S&P said in a statement.
- Mar 17, 2020 01:18 PM IST
China's factory production plunged at the sharpest pace in three decades in the first two months of the year, data on Monday showed, as the coronavirus pandemic disrupted the world's second-largest economy.