Economy
Economy
Why Modi govt's economic plan is unlikely to soften coronavirus blow
India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending,...
Economy
India economy to contract 45% annualised in April-June: Goldman Sachs
Goldman Sachs expects India's economy to shrink 45% on an annualised basis in the quarter to the end of June, ......
Economy
How analysts and economists view government's stimulus
India's government said on Wednesday it will offer nearly $60 billion of loan guarantees for small businesses, shadow banks...
Economy
Govt unveils $80 bn in credit lines, liquidity schemes for MSMEs, NBFCs, discoms
The Narendra Modi government on Wednesday kicked off the first round of announcements of what it promises will be a ......
Economy
Budget math changes as govt increases FY21 borrowing by 54%
The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......
Economy
India may see 0% GDP growth this fiscal year: Moody's
The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country...
Economy
India's services activity collapses as coronavirus cripples global demand
India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing...
Economy
Govt hikes taxes on petrol, diesel to boost revenue
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......
Economy
Fitch warns India against further deterioration in fiscal outlook
India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to...
Economy
RBI throws lifeline for mutual funds facing redemption pressure
Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth...
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