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China GDP shrank 6.8% in Q1, first contraction in decades. (AP Photo)

China's GDP shrinks 6.8 percent on Covid19 shutdowns

Economists in China and abroad have long harboured doubts about the accuracy of the official data

17 April 2020 12:15 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das . (PTI Photo)

RBI cuts reverse repo rate by 25 bps, repo unchanged

Surplus liquidity in the banking system has increased substantially as result of central bank's actions: Shaktikanta Das

17 April 2020 10:07 AM IST

A truck loaded with potato sacks moves past a graffiti created to aware people against the novel coronavirus, during ongoing lockdown at Krishnagar in Nadia. PTI photo

India mulls another stimulus package for industries hit by pandemic

Modi held discussions with FM as the pandemic hit sectors from small industries to the aviation sector hard with...

16 April 2020 5:29 PM IST

Pandemic to bring Asias 2020 growth to halt for 1st time in 60 years. (PTI Photo)

Asia's economy to suffer zero growth in 2020: IMF

IMF also supports RBI's policy responses to support financial stability and help Indian economy cope with the fallout...

16 April 2020 12:15 PM IST

Inflation in vegetables fell sharply to 11.90 per cent in March. (AP Photo)

Wholesale price inflation falls to 1 percent in March

Food inflation in March fell to 4.91 per cent from 7.79 per cent in the previous month

15 April 2020 1:01 PM IST

IMF approves debt relief for 25 poor countries. (PTI Photo)

IMF approves debt relief for 25 poor countries to deal with pandemic

The fund together with the World Bank have called for rich nations to stop collecting debt payments from poor countries

14 April 2020 4:05 PM IST

India Inc seeks stimulus package after lockdown extension

India Inc seeks stimulus package after lockdown extension

Late last month, the government announced a Rs 1.7 lakh crore package aimed at providing relief to those hit hard by the...

14 April 2020 2:00 PM IST

Retail inflation growth eases to 5.91% in March. (PTI Photo)

Covid19 impact: Retail inflation growth drops to a four-month low in...

Annual retail inflation eased to 5.91% in March, down from 6.58% the previous month

14 April 2020 9:05 AM IST

The worlds biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period

Covid19 lockdown may cost Rs 7-8 lakh cr to Indian economy

The rapid spread of COVID-19 has not only disrupted the global economy but also triggered a partial shutdown in many...

13 April 2020 6:07 PM IST

ADB triples coronavirus funding for members to $20bn. (PTI Photo)

Asian Development Bank triples covid19 response package to $20 billion

Asian Development Bank sees India's economic growth slipping to 4% in FY21

13 April 2020 5:05 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI PHOTO)

India's near-term growth outlook has deteriorated sharply: RBI Gov

Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19

13 April 2020 1:52 PM IST

Pakistan Prime Minister Imran Khan. (PTI Photo)

IMF to consider $1.4 billion loan to Pak to tackle covid19 economic...

Pakistan in March had requested the IMF for a low-cost, fast-disbursing loan under the fund's Rapid Financing Instrument

13 April 2020 12:52 PM IST