FM Nirmala Sitharaman reviews major macroeconomic developments, financial stability issues
Union Finance Minister Nirmala Sitharaman chaired the 23rd Meeting of the Financial Stability and Development Council (FSDC) through a video conference.
Dec 15, 2020, 19:23 PM IST
Why economic disengagement with China is key to India’s growth: 8 key points
In the first set of reforms, we need to resort to selective boycotting of Chinese goods coming to India. China has itself been resorting to this tactic and has brought countries like South Korea, Japan, Indonesia, and many others on their knees. We need to have a mix of sharp anti-dumping, substitutions, and arbitrations wherever required.
Oct 28, 2020, 18:22 PM IST
Fitch revises India's outlook to negative from stable, affirms IDR at BBB-
Moody's earlier this month downgraded India's sovereign rating by a notch to lowest investment grade of 'Baa2' for the first time in 22 years.
Jun 18, 2020, 10:23 AM IST
Private banks lose people's trust, while PSBs gain
The Covid-19 pandemic and the subsequent lockdown has truly tested the preference of people for the banking system that provides safety for their savings with good service and better returns.
Jun 11, 2020, 10:06 AM IST
Almost half of India can't survive more than a month sans income
Almost half of India`s population will not be able to survive more than a month without any job or income, just with the help of savings or family support.
Jun 11, 2020, 09:55 AM IST
Lockdown has raised unemployment among young Indians
The coronavirus pandemic coupled with the nationwide lockdown has had severe impact on economic activities, and a the latest IANS CVoter Economic Battery Wave survey reveals that a large section of young employable Indians have been rendered jobless amid the lockdown.
Jun 11, 2020, 08:52 AM IST
Massive negative impact on incomes due to lockdown
As per the latest IANS CVoter Economic Battery Wave survey, there has been a massive negative impact on income of households since the lockdown was implemented to fight the Covid-19 pandemic with more than half the respondents indicating it.
Jun 11, 2020, 08:44 AM IST
Finance Minister Press Conference: Who will get what?
Prime Minister Narendra Modi on Tuesday announced massive new financial incentives on top of the previously announced packages for a combined stimulus of Rs 20 lakh crore.
May 13, 2020, 14:24 PM IST
India’s economy perched in precarious state, writes former prime minister Manmohan Singh
Former prime minister and senior Congress leader Manmohan Singh on Monday painted a wavering picture of India's economy stating that it is "perched in a precarious state currently". "India’s economy is perched in a precarious state currently. Incomes are not growing. Household consumption is slowing. People are dipping into their savings to maintain similar levels of consumption. Headline GDP growth is accruing almost entirely to the creamy layer at the top," asserted Singh.
Nov 18, 2019, 14:39 PM IST
Paisa, paisa, paisa: Whoever wins the 2019 Lok Sabha elections, the economy will be their biggest challenge
The Indian economy is in a strange shape. Irrespective of the policy priorities of the next government, the economy will be the source of the biggest challenges.
May 15, 2019, 15:01 PM IST
India one of world's fastest growing large economies: International Monetary Fund
IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."
Mar 22, 2019, 08:37 AM IST
Indian economy in a better position under NDA : Arun Jaitley
Their Relationship with Growth, Jaitley compared the GDP growth and inflation data of the current government with previous governments to bring home the point that the growth rate has been higher under Prime Minister Narendra Modi's leadership. Watch this video to know more.
Jan 16, 2019, 09:28 AM IST
Several Indian companies debarred by World Bank for fraudulent, corrupt practices
In its latest annual report on Wednesday, the World Bank said Olive Health Care and Jay Modi from India have been debarred from for their fraudulent and corrupt practices.
Oct 04, 2018, 05:53 AM IST
India's economy seen growing at steady 7.6 percent pace in April-June: Reuters poll
The poll results suggest domestic demand was strong, driven primarily by manufacturing activity that remained solid.
Aug 29, 2018, 11:56 AM IST
Economy on recovery path, investments likely to pick up: CII
CII President Rakesh Bharti Mittal said the impact of sustained structural reforms is now being felt on the ground as a mammoth economy is turning around.
May 28, 2018, 15:15 PM IST
India will soon overtake China’s economy under PM Modi's leadership: Shivraj Chouhan
Chouhan, who is currently on a six-day visit to the US, announced the Friends of Madhya Pradesh Summit in January, 2018
Oct 26, 2017, 08:23 AM IST
After Sinha, RSS-affiliate labour body tears into Modi govt; Ambani remains hopeful
Saji Narayanan, National President of the Bharatiya Mazdoor Sangh, in a statement demanded the government declare a stimulus package towards employment generating activities in labour intensive sectors "to contain slowdown of the economy".
Sep 27, 2017, 13:53 PM IST
PM Modi to meet FM, officials to review economic situation today
Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.
Sep 18, 2017, 19:17 PM IST
India likely to clock GDP growth of 6.9% this fiscal
Indian economy is expected to recover in the coming quarters and the country is expected to clock a real GDP growth of 6.9 percent in this financial year, says a report.
Jul 06, 2017, 12:55 PM IST
India's services sector growth rises to 8-month high in June
Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.
Jul 05, 2017, 11:44 AM IST
