Economy
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...
Economy
Locked-down Indian economy in its worst quarter since mid-1990s: Poll
The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to ......
Economy
Explained: What the US oil flash crash means for India, consumers
On Monday night India time, history was created when the US benchmark oil contract price fell below zero. The May contract...
Economy
RBI cuts reverse repo rate in bid to spur bank lending
The Reserve Bank of India cut its reverse repo rate by 25 basis points on Friday, in a bid to ......
Economy
Pandemic to halt Asia's growth for first time in 60 years: IMF
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus ......
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