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Economy

India's economy exits from recession, recovery seen gathering pace

Economy

26 February, 2021

India's economy exits from recession, recovery seen gathering pace

India's economy grew 0.4% year-on-year in the October-December quarter, returning to growth after shrinking for two straight...

India's economy probably resumed growing last quarter

Economy

26 February, 2021

India's economy probably resumed growing last quarter

India's economy probably returned to growth in its fiscal third quarter after a recession earlier in 2020, economists said,...

Indian services industry improved in January; job cuts continued

Economy

03 February, 2021

Indian services industry improved in January; job cuts continued

Growth in India's dominant services sector picked up in January as demand improved and consumer optimism was buoyed by the...

Wider fiscal deficits could pressure India's ratings, says Fitch

Economy

02 February, 2021

Wider fiscal deficits could pressure India's ratings, says Fitch

Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign...

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

Economy

01 February, 2021

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

India's fiscal deficit target for 2021/22 is a little bit higher than expected, a Moody's analyst said on Monday, after...

India projects economic growth of 11% for 2021-22

Economy

29 January, 2021

India projects economic growth of 11% for 2021-22

India is likely to predict economic growth of 11% in the fiscal year beginning April 1 in its annual economic ......

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

Economy

31 December, 2020

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists...

India's current account surplus shrinks in July-September

Economy

31 December, 2020

India's current account surplus shrinks in July-September

India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June...

Govt eyes asset sales to partly fund higher spending next year

Economy

30 December, 2020

Govt eyes asset sales to partly fund higher spending next year

India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects,...

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Flashback 2020: A limping economy and high human cost in a year best forgotten

Economy

22 December, 2020

Flashback 2020: A limping economy and high human cost in a year best forgotten

As the year 2020 began, few would have imagined that the world would literally be thrown into the biggest crisis ......

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