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Economy

IMF sees trouble in emerging markets but less severe global contraction

Economy

14 October, 2020

IMF sees trouble in emerging markets but less severe global contraction

Forecasts for the global economy are "somewhat less dire" as rich nations and China have rebounded quicker than expected...

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Economy

13 October, 2020

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Spending to help India's pandemic-hit economy is likely to face delays after the federal government and some states on Monday...

Govt unveils economic stimulus to boost demand by $10 bn

Economy

12 October, 2020

Govt unveils economic stimulus to boost demand by $10 bn

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......

RBI expects GDP to contract 9.5% in FY21, holds rates steady

Economy

09 October, 2020

RBI expects GDP to contract 9.5% in FY21, holds rates steady

The Reserve Bank of India (RBI) left key interest rates unchanged on Friday as widely expected, while retaining an accommodative...

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

RBI widely seen holding rates at policy meeting this week

Economy

06 October, 2020

RBI widely seen holding rates at policy meeting this week

The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting ......

India's services sector slump eased in Sept, but job losses balloon

Economy

06 October, 2020

India's services sector slump eased in Sept, but job losses balloon

The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus...

Govt appoints three members on RBI's monetary policy panel

Economy

06 October, 2020

Govt appoints three members on RBI's monetary policy panel

The Indian government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank’s monetary...

RBI likely to keep rates on hold, defers monetary policy meeting

Economy

28 September, 2020

RBI likely to keep rates on hold, defers monetary policy meeting

The Reserve Bank of India is expected to keep key rates unchanged at its upcoming monetary policy review,...

India's recovery not entrenched, will only be gradual: RBI chief

Economy

16 September, 2020

India's recovery not entrenched, will only be gradual: RBI chief

Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not...

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