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Economy

RBI cuts rates for fifth time in a row, slashes growth forecast

Economy

04 October, 2019

RBI cuts rates for fifth time in a row, slashes growth forecast

The Reserve Bank of India on Friday cut interest rates for a fifth straight meeting, stepping up efforts to kickstart ......

India's services sector contracts in September on weak demand

Economy

04 October, 2019

India's services sector contracts in September on weak demand

India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since...

RBI to pick up slack as India stimulus measures to fall short: Poll

Economy

01 October, 2019

RBI to pick up slack as India stimulus measures to fall short: Poll

Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said...

India to borrow gross $38 bn during October-March

Economy

01 October, 2019

India to borrow gross $38 bn during October-March

India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities,...

Heaviest rains in 25 years to help revive tepid rural demand

Economy

01 October, 2019

Heaviest rains in 25 years to help revive tepid rural demand

Monsoon rains in India were 10% above average in 2019 and the highest in 25 years as seasonal rainfall continued ......

Current account deficit narrows in June quarter

Economy

01 October, 2019

Current account deficit narrows in June quarter

India’s current account deficit (CAD) narrowed to 2% of gross domestic product in the June quarter of the fiscal year ......

Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap

Economy

30 September, 2019

Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap

The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......

GDP growth to improve in second half of FY20: Finance minister Sitharaman

Economy

27 September, 2019

GDP growth to improve in second half of FY20: Finance minister Sitharaman

India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance...

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

Economy

25 September, 2019

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall...

ADB slashes India growth estimate as global trade tensions escalate

Economy

25 September, 2019

ADB slashes India growth estimate as global trade tensions escalate

 Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region...

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