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Prime Minister Narendra Modi addresses the annual session of the Confederation of Indian Industry (CII) on its 125th anniversary via video link, in New Delhi, on June 2, 2020. (PTI Photo)

India will get its growth back, path to that is Atma-nirbhar bharat:...

Speaking at CII's Annual Session, he called on India Inc to rise to the occasion and partner rural India in these...

2 Jun 2020 2:00 PM IST

Moodys cuts Indias rating to lowest investment grade with negative outlook. (PTI/AFP Photo)

Moody's cuts India's rating to lowest investment grade with negative...

India's economy grew 3.1% in January-March, its slowest quarterly pace in at least eight years

2 Jun 2020 9:03 AM IST

Coronavirus pandemic set to shrink Australian economy in Q1. (AFP Photo)

Coronavirus pandemic set to shrink Australian economy in Q1, worse yet...

If the economy contracts in both the March and June quarters it would be Australia's first technical recession since the...

1 Jun 2020 10:42 AM IST

Indias economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)

Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in...

30 May 2020 11:10 AM IST

Commuters crowd Cadorna train station in Milan, Italy. (AP Photo)

Italy slips into great recession since World War II

Business confidence in the eurozone's third largest economy in May plummeted to its lowest level

30 May 2020 9:35 AM IST

Palaniswamis government has been taking a number of initiatives for economic revival. Representational image

Despite pandemic, Tamil Nadu attracts 17 investors worth Rs.15,128

The companies which signed the MoUs are from Germany, Finland, Taiwan, France, South Korea, Japan, China, USA,...

27 May 2020 5:19 PM IST

Singapore cuts 2020 GDP outlook again as virus batters economy. (AFP Photo)

Singapore cuts GDP outlook again as virus batters economy

Singapore's economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter

26 May 2020 8:51 AM IST

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings. (PTI Photo)

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal:...

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and...

22 May 2020 1:08 PM IST

RBI Guv Shaktikanta Das address press after govts relief package. (PTI Photo)

RBI cuts repo rate, extends loan moratorium, projects negative GDP...

RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to...

22 May 2020 10:23 AM IST

World Bank says covid19 to push 60 million into poverty; 160 billion assistance to 100 countries . (AFP Photo)

World Bank estimates 60 million people may fall into extreme poverty...

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly...

20 May 2020 1:28 PM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is -"not enough-"

20 May 2020 12:29 PM IST

Japan slips into recession, worst yet to come as pandemic wreaks havoc. (AFP Photo)

Japan slips into recession, worst yet to come as pandemic wreaks havoc

The world's third-largest economy shrank for second consecutive quarter in three months to March, intensifying challenge...

18 May 2020 8:35 AM IST