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Union Finance Minister Nirmala Sitharaman said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme. (PTI Photo)

FM Sitharaman announces new stimulus measures for India-'s...

Among the many announcements made by the finance minister include a new job creation scheme

12 Nov 2020 4:10 PM IST

Representational image.

With India-'s economy in a tailspin, Cabinet approves PLI plan for 10...

Under the five-year scheme that will continue till 2025, extra domestic production will be encouraged in 10 key sectors

12 Nov 2020 1:06 PM IST

Similarly, a number of structural reforms have been taken in recent years which include demonetisation, implementation of the Goods and Services Tax (GST), banking policies etc. which will need time to yield results. The recent performance of some sectors has shown optimism.

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

7 Nov 2020 10:53 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

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...

6 Nov 2020 1:41 PM IST

Auto component sector may see huge job losses if the automotive sector continues to face headwinds due to lack of demand amid coronavirus. (AFP Photo)

Even as economic recovery continues, India lost 5.5 lakh jobs in...

October is the first month since the recovery began in May that has recorded a fall in employment

6 Nov 2020 2:26 AM IST

Indias factory activity contracts for third straight month in June. (AP Photo)

Manufacturing PMI expands to 13-year high in October, signals economic...

The survey, however, showed that the Asiaâ€™s third-largest economy was signalling a fast recovery

2 Nov 2020 7:18 PM IST

Good news on the economic front.

GST collections cross Rs 1L crore for the first time after COVID-19...

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

1 Nov 2020 8:16 PM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

India-'s economy worst-hit among emerging markets

At 4.9 per cent retail inflation in 2020 will be the highest in India.

31 Oct 2020 11:10 AM IST

Hospitality has started seeing early signs of month-on-month recovery in occupancy with gradual revival in domestic leisure travel.

Hospitality industry sees signs of revival in September

Revenue per available rooms grew 12 to 14 per cent month-on-month to Rs 815 â€“ Rs 935, as per the data from HVS and...

29 Oct 2020 12:26 PM IST

RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown. (PTI Photo)

RBI asks lenders for ex-gratia payment of interest on interest scheme

Government set November 5 as the deadline for banks to implement the waiver of -'interest on interest-' scheme for six...

28 Oct 2020 3:28 PM IST

The market capitalisation of BSE-listed companies plunged by Rs 3,11,234.47 crore to Rs 1,54,15,637.95 crore in late morning trade.

Global trade drops 5 pc in Sept quarter

UNCTAD has revised the global trade projection from a decline of 20 per cent to 7 - 9 per cent drop for 2020.

23 Oct 2020 12:29 PM IST

Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits. (AP Photo)

Employment rate halts recovery, falls again in October

The first three weeks of October show signs of continued stress.

23 Oct 2020 12:23 PM IST