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Former RBI governor Raghuram Rajan. (PTI Photo)

Raghuram Rajan warns against -'unprecedented-' rise in NPA levels in...

He said one positive factor for Indian economy is that the agriculture sector is doing well

15 July 2020 7:27 AM IST

Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic. (PTI Photo)

Housing sales down 67% in April-June 2020

Housing sales in Chennai and Hyderabad plunged 74 per cent at 996 units and 1,522 units, respectively

10 July 2020 12:21 PM IST

Prime Minister Narendra Modi. (PTI Photo)

India among most open economies, says PM Modi, calls for global...

Speaking at India Global Week 2020, he said green shoots of economic revival are already visible in India coming out of...

9 July 2020 4:00 PM IST

Indian government is reviewing around 50 investment proposals involving Chinese companies under a new screening policy. (AFP Photo)

India reviewing around 50 investment proposals from Chinese firms

The official said about 40-50 applications involving funding from Chinese investors filed since rule change and are...

7 July 2020 8:40 AM IST

Pakistan approached the IMF in August 2018 for a bailout package. (Photo- AFP)

Why IMF-'s latest projection on India-'s growth rate must not come as...

Coronavirus and the consequent lockdown have dealt a body blow to India-'s economic recovery

27 Jun 2020 3:10 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI Photo)

RBI central board discusses current economic situation, COVID-19...

RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal...

26 Jun 2020 4:21 PM IST

GDP to contract by 5.3 pc in FY21 due to Covid-19 woes, says Ind-Ra. (ANI Photo)

India-'s GDP to contract by 5.3% due to COVID-19 -'disorder-': India...

However, the agency believes the GDP growth will bounce back in the range of 5 to 6 per cent in FY22

25 Jun 2020 12:06 PM IST

SBI chairman Rajnish Kumar assured shareholders that the likely job cuts and salary reductions in the wake of COVID-19 pandemic. (PTI Photo)

Job cuts, salary reductions to have -'relatively low level-' of stress...

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:12 AM IST

Fitch cut its outlook for India to negative from stable on Thursday. (PTI/AFP Photo)

Fitch cuts India-'s outlook to -'negative-'

Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict...

18 Jun 2020 10:20 AM IST

Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia. (AFP Photo)

ADB slashes 2020 growth forecast for developing Asia to 0.1% from 2.2%

The ADB kept its economic growth forecast for developing Asia for next year at 6.2%

18 Jun 2020 9:06 AM IST

India received USD 51 billion in foreign investment in 2019. (PTI Photo)

Ninth largest recipient of FDI, India will continue to attract...

Investments from India are expected to decline in 2020, with largest MNEs revising their earnings down by 25% in early...

16 Jun 2020 12:14 PM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM gives relief to small taxpayers, halves interest on delayed filing...

No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman

12 Jun 2020 5:02 PM IST