economy

Emphasising that at this juncture Foreign Direct Investment (FDI) is the need of the hour, the senior minister said such funds would bene...Read More

"The main downside risk to India's growth forecast is the continued spread of the pandemic as the health crisis has not yet been containe...Read More

In the World Economic Outlook (WEO) forecast report, the IMF said that India's economy is expected to contract on the back of a longer l...Read More

Kumar also said that India will witness a recovery in investment cycle by April 2021 and beef up efforts on trade front as well.

The Chief Economist of IMF, Gita Gopinath, said that although many countries begin to ease containment policies and gradually permit the ...Read More

"Consequently, the future path of lockdown measures remains highly uncertain, particularly if new daily cases continue to escalate," it ...Read More

The modern-day agenda of Aatma Nirbhar Bharat comes with a tag line that reads ‘tough times require tough decisions’. And that said, the ...Read More

The Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has res...Read More

"Consumer confidence collapsed in May 2020, with the Current Situation Index (CSI) touching historic low and the one year ahead Future Ex...Read More

The top court on Thursday expressed strong displeasure over the way the RBI is treating people who had taken loans and wanted a waive off...Read More

The comments came amid the release of key data that showed India's GDP growth tumbling to 3.1 per cent in the March quarter -- the slowes...Read More

The rise in the fiscal deficit, which is a reflection of the government's borrowing, was mainly on account of subdued tax collection.

Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low r...Read More