Economy
Economy
IMF sharply cuts India growth forecast, upgrades China outlook
The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns...
Economy
Slowing growth, widening deficit hint at tough choices for upcoming Budget
As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......
Economy
Govt plans new law to protect foreign investment
India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital...
Economy
Govt to seek more dividend from RBI amid revenue shortfall
India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
The Indian government said on Tuesday it expects the economy to grow at 5.0% in the fiscal year ending in ......
Economy
Govt plans to cut spending to curb deficit; may hurt growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......
Economy
India services activity climbs to five-month high in December
Activity in India’s dominant service industry accelerated to a five-month high in December as demand rose at the fastest...
Economy
Flashback 2019: The year when the economy took a hard right turn towards turmoil
Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......
Economy
RBI keeps rates on hold in surprise move, slashes GDP forecast
The Reserve Bank of India kept its key lending rate on hold in a surprise decision on Thursday, despite a ......
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