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Economy

India likely to miss fiscal deficit target amid pressure for more stimulus

Economy

04 September, 2019

India likely to miss fiscal deficit target amid pressure for more stimulus

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from...

India services growth slows in August on weaker demand

Economy

04 September, 2019

India services growth slows in August on weaker demand

Activity in India’s dominant services industry expanded at a slower pace in August as demand softened, according to a business...

India's economic growth slumps to 5% in April-June quarter

Economy

30 August, 2019

India's economic growth slumps to 5% in April-June quarter

India’s economy had annual growth of 5.0% in the April-June quarter, the slowest in more than six years, dragged down ......

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

Economy

30 August, 2019

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......

India to woo foreign firms like Apple to capitalise on US-China trade war

Economy

30 August, 2019

India to woo foreign firms like Apple to capitalise on US-China trade war

India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift...

GDP growth likely slipped in April-June but room for stimulus limited

Economy

29 August, 2019

GDP growth likely slipped in April-June but room for stimulus limited

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as ......

Govt eases foreign investment rules for digital media, other sectors to boost growth

Economy

28 August, 2019

Govt eases foreign investment rules for digital media, other sectors to boost growth

India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in...

Why rate cuts are not enough to fire up damp India housing market

Economy

28 August, 2019

Why rate cuts are not enough to fire up damp India housing market

India's liquidity-starved economy will restrain housing market activity and price rises in coming months and into 2020, according...

Maruti Suzuki cuts 3,000 contract jobs

Economy

27 August, 2019

Maruti Suzuki cuts 3,000 contract jobs

Maruti Suzuki India Ltd Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary ......

Indian economy set for weakest quarter of growth in five years: Poll

Economy

27 August, 2019

Indian economy set for weakest quarter of growth in five years: Poll

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by ......

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