Economy
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...
Economy
In six months, Ayushman Bharat's use rate will be about 12 mn a year: CEO Indu Bhushan
Ayushman Bharat, the Modi government’s ambitious health insurance scheme, was launched last year with much fanfare. Dubbed Modicare, it aimed ......
Economy
Govt says no plans to revise fiscal deficit target or cut spending now
India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......
Economy
Rating firm S&P Global says India's corporate tax cuts are 'credit negative'
Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development”...
Economy
Govt gives companies $20.5 bn tax break in bid to revive growth
Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s...
