Economy
Economy
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 ......
Economy
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...
Economy
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...
Economy
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,...
Economy
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 ......
Economy
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 ......
Economy
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 ......
Economy
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...
Economy
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...
Economy
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...
