Economy

Moody's expects India GDP to shrink by 8.9% in 2020

Economy

12 November, 2020

Moody's expects India GDP to shrink by 8.9% in 2020

Moody's Investors Service said on Thursday it expects India's economy to shrink by 8.9% in the 2020 calendar year due...

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

Economy

11 November, 2020

Centre planning about $20 bn of new stimulus

India is planning to announce a fresh round of stimulus worth about $20 billion (around Rs 1.5 trillion) this week ......

Economy

04 November, 2020

India's services activity grows in October for first time in eight months

Activity in India's dominant services industry expanded for the first time in eight months in October as demand surged, but...

Economy

03 November, 2020

RBI explores investment options for forex reserves

The Reserve Bank of India is looking at diversifying its foreign exchange reserve investments amid the fall in global interest...

Economy

02 November, 2020

India's October jobless rate rises to 6.98%: CMIE

India’s unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for...

Economy

22 October, 2020

Indian economy set for a near double-digit contraction this FY: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go ......

Economy

21 October, 2020

IMF cuts Asia's growth forecast on sharper India contraction

The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction...

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

Economy

16 October, 2020

GST shortfall: Central govt to borrow $15 bn to give to states

India's federal government said it plans to borrow 1.1 trillion rupees in tranches to compensate states for tax losses due...

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