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Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody-'s base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 1:56 PM IST

Rising steel prices have inflated costs for equipment manufacturers. 9Photo

Here-'s how India-'s engineering exports are in a steel trap

We export our iron ore, curb Chinese steel import. So costs are up and exports are uncompetitive

21 Aug 2020 12:19 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 releases strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:14 PM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI...

The degrowth in corporate gross value added has been significantly better than revenue degrowth in Q1 FY21

18 Aug 2020 10:15 AM IST

PM Modi launches platform for Transparent Taxation - Honoring the Honest. (PTI Photo)

PM unveils new tax platform, says tax paying to become seamless,...

Faceless assessment & taxpayers charter come in force from today, whereas faceless service will be available from...

13 Aug 2020 12:18 PM IST

Britains Finance minister Rishi Sunak said that hundreds of thousands of people have already lost their jobs, and sadly in the coming months many more will. ()

UK economy slips into deepest recession with record 20.4% contraction

Todayâ€™s figures confirm that hard times are here, finance minister Rishi Sunak said

12 Aug 2020 4:21 PM IST

Industrial output or IIP expanded by 1.3 per cent YoY in June 2019. (PTI)

Corona lockdown effect: Industrial production declines by over 16 per...

Govt: It may not be appropriate to compare the IIP in the post-pandemic months with the IIP for months preceding the...

11 Aug 2020 7:12 PM IST

India must focus on protecting economy not on what rating agencies think: Rajan

India must focus on protecting economy not on what rating agencies...

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy

7 Aug 2020 9:05 AM IST

RBI keeps interest rates on hold; raises limit for gold loans. (PTI Photo)

RBI increases gold loan-to-value ratio to 90%, interest rates...

Monetary Policy Committee after three days of deliberations voted unanimously to leave the policy repo rate unchanged at...

6 Aug 2020 2:41 PM IST

The unprecedented COVID-19 pandemic and the consequent total economic lockdown had a big dent on sentiments and activity level in the second quarter of 2020. AFP Photo

Real estate sentiment hit an all-time low in Apr-Jun due to pandemic,...

The office market, on the other hand, has shown nearly 98-99 per cent rent collection and low relevant micromarket...

3 Aug 2020 5:32 PM IST

US is expected to report a record-breaking economic plunge. (AP Photo)

US expected to report record-breaking economic fall

A huge plunge in consumer spending sent the economy sinking at a roughly 32 per cent annual rate in the April-June...

30 July 2020 3:43 PM IST

Indias economic outlook has worsened again as business activity slows and COVID-19 infections soar. (PTI Photo)

India-'s economic recovery at risk as COVID-19 surges, dull outlook...

In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction

30 July 2020 1:34 PM IST