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India's jobless rate falls to 11% in June as lockdown eases: CMIE

Economy

01 July, 2020

India's jobless rate falls to 11% in June as lockdown eases: CMIE

India's unemployment rate in June fell to 11% from 23.5% in May, according to data released by the Centre for ......

India's fiscal deficit touches 58.6% of annual target in two months

Economy

30 June, 2020

India's fiscal deficit touches 58.6% of annual target in two months

India’s federal fiscal deficit in the first two months through May stood at 4.66 trillion rupees ($61.67 billion), or 58.6%...

IMF predicts deeper global recession due to coronavirus pandemic

Economy

25 June, 2020

IMF predicts deeper global recession due to coronavirus pandemic

The coronavirus pandemic has caused wider and deeper damage to economic activity than first thought, the International Monetary...

Why a surge in money supply in India shows greater uncertainty, not growth

Economy

23 June, 2020

Why a surge in money supply in India shows greater uncertainty, not growth

Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation as people ......

Fitch cuts India outlook to ‘negative' on virus worries

Economy

18 June, 2020

Fitch cuts India outlook to ‘negative' on virus worries

Ratings firm Fitch cut its outlook for India to "negative" from "stable" on Thursday, saying that the coronavirus...

IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

Economy

17 June, 2020

IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020...

Indian exports fall by over 36% in May

Economy

15 June, 2020

Indian exports fall by over 36% in May

India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall ......

Govt suspends release of inflation, industrial output data for lockdown period

Economy

12 June, 2020

Govt suspends release of inflation, industrial output data for lockdown period

India said on Friday it was putting off the release of headline consumer price inflation numbers for April and May, ......

OECD sees deepest peace-time slump in a century

Economy

10 June, 2020

OECD sees deepest peace-time slump in a century

The global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted...

Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank

Economy

09 June, 2020

Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank

The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning ......

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