Economy
Cities key to India's post-pandemic growth: WEF study
The study by the Geneva-based World Economic Forum (WEF) said the unfolding COVID-19 pandemic has been catastrophic for cities
Government launches crackdown on 7,000 GST evaders, 187 arrested
The government netted a record GST collection of Rs 1.15 lakh crore in December 2020, helped by the action against tax evaders
WPI inflation rises to eight-month high in October
As per the data, this is the highest level of Wholesale price index-based or WPI inflation since February
Indian economy may be recovering faster than anticipated: Oxford Economics
Inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal, it said.
FM Sitharaman announces new stimulus measures for India's COVID-stricken economy
Among the many announcements made by the finance minister include a new job creation scheme
With India's economy in a tailspin, Cabinet approves PLI plan for 10 key sectors
Under the five-year scheme that will continue till 2025, extra domestic production will be encouraged in 10 key sectors
Mid sized banks report higher Q2 net profit as asset quality improves
Fresh slippages were lower in the absence of lumpy corporate non-performing assets
RBI announces Co-lending scheme for banks, NBFCs for priority sector
The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy
Even as economic recovery continues, India lost 5.5 lakh jobs in October
October is the first month since the recovery began in May that has recorded a fall in employment
Manufacturing PMI expands to 13-year high in October, signals economic recovery
The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery