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How coronavirus threatens to derail years of effort to control India govt debt

Finance

29 May, 2020

How coronavirus threatens to derail years of effort to control India govt debt

When finance minister Nirmala Sitharaman presented the annual budget in February, a little factoid went largely unnoticed and mostly under-reported. For ......

Global coronavirus infections cross 4.2 mn, death toll moves past 285,000

General

12 May, 2020

Global coronavirus infections cross 4.2 mn, death toll moves past 285,000

More than 4.2 million people have been reported to be infected by the novel coronavirus globally and 285,339 have died, ......

Pandemic to halt Asia's growth for first time in 60 years: IMF

Economy

16 April, 2020

Pandemic to halt Asia's growth for first time in 60 years: IMF

Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus ......

Sensex, Nifty fail to hold gains, banks and energy stocks drag as lockdown extends

Markets

15 April, 2020

Sensex, Nifty fail to hold gains, banks and energy stocks drag as lockdown extends

Indian shares retreated from one-month highs to settle lower on Wednesday, as the country entered an extended lockdown to curb ......

Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF

Economy

14 April, 2020

Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF

The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will ......

Govt likely to raise spending in budget to revive economic growth

Finance

28 January, 2020

Govt likely to raise spending in budget to revive economic growth

Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its ......

Nifty, Sensex settle lower on weak earnings, growth concerns

Markets

21 January, 2020

Nifty, Sensex settle lower on weak earnings, growth concerns

Indian shares ended lower for a second straight session on Tuesday, as a string of weak earnings reports and a ......

IMF sharply cuts India growth forecast, upgrades China outlook

Economy

20 January, 2020

IMF sharply cuts India growth forecast, upgrades China outlook

The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and ......

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

Economy

16 October, 2019

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its ......

IMF chief warns of ‘synchronized slowdown' in global growth

Economy

09 October, 2019

IMF chief warns of ‘synchronized slowdown' in global growth

The global economy is experiencing a “synchronized slowdown,” the new head of the International Monetary Fund said on Tuesday, warning ......