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India's recovery not entrenched, will only be gradual: RBI chief

Economy

16 September, 2020

India's recovery not entrenched, will only be gradual: RBI chief

Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not entrenched ......

‘Developing Asia' to shrink for first time in nearly six decades: ADB

Economy

15 September, 2020

‘Developing Asia' to shrink for first time in nearly six decades: ADB

The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six decades ......

S&P expects India's economy to contract 9% in FY21

Economy

14 September, 2020

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

Govt likely to borrow more to tide over revenue shortfall

Economy

10 September, 2020

Govt likely to borrow more to tide over revenue shortfall

Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to ......

Indian economy projected to contract 11.8% in FY21: Fitch arm

Economy

08 September, 2020

Indian economy projected to contract 11.8% in FY21: Fitch arm

India's economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing ......

India coronavirus infections near 4 mn, closes in on Brazil

General

04 September, 2020

India coronavirus infections near 4 mn, closes in on Brazil

India reported a daily jump of 83,341 coronavirus infections, taking its tally to 3.94 million, health ministry data showed on ......

Indian companies raise record $31 bn equity capital in shrinking economy

Markets

04 September, 2020

Indian companies raise record $31 bn equity capital in shrinking economy

Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their ......

Rupee bets at three-year high as investors go long: Poll

Markets

03 September, 2020

Rupee bets at three-year high as investors go long: Poll

Long positions on India's rupee were sharply raised to a three-year high, a Reuters poll found, as the central bank ......

Rupee logs best day in 21 months as RBI looks to contain inflation

Markets

01 September, 2020

Rupee logs best day in 21 months as RBI looks to contain inflation

The Indian rupee posted its biggest single-day gain in 21 months on Tuesday, while bond yields fell to their lowest ......

India's factory activity rebounds in August but firms continue to cut jobs

Manufacturing

01 September, 2020

India's factory activity rebounds in August but firms continue to cut jobs

India's factory activity grew in August for the first time in five months as the easing of lockdown restrictions spurred ......