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Business

India-'s services sector growth hits seven-year high in Feb: PMI

Service providers saw a marked increase in new work intakes during February, the second-fastest in over seven years.

4 March 2020 11:46 AM IST

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark.

Business

India-'s mfg activity eases marginally in Feb: PMI

This is the 31st consecutive month that the manufacturing PMI has remained above the 50-point mark.

2 March 2020 11:25 AM IST

Business

Wall Street rolls out contingency plans to tackle coronavirus

Work from home and travel restrictions implemented for many

29 Feb 2020 12:02 PM IST

Business

Coronavirus outbreak stifles Indian economic growth

The gross domestic product (GDP) data was released on Friday

29 Feb 2020 11:40 AM IST

According to the data released by the National Statistics Office (NSO), the GDP was at the previous low of 4.3 per cent in the January-March period of 2012-13, while it grew seven per cent in the corresponding quarter of 2018-19.

Business

Indian economic growth slows, with coronavirus impact to come

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5 per cent

29 Feb 2020 11:33 AM IST

Workers wearing protective facemasks as a preventive measure against the COVID-19 coranavirus, make insoles at the Zhejiang Xuda Shoes Co. factory in Wenzhou on February 27, 2020. Foreign firms in virus-hit China are expecting large drops in revenue, especially for the first half of the year, with some planning to lower their business targets, said trade associations on February 27. (AFP)

Business

China-'s economic activity plunges to all-time low in February

Purchasing Managers-' Index stood at 35.7 points, well below the 50-point mark separating growth and contraction

29 Feb 2020 9:18 AM IST

A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. AFP Photo

Business

Seoul bears the brunt as markets plunge due to surge in COVID-19 ...

With the outbreak showing little sign of easing, investors are concerned it could have a much longer-term impact on...

24 Feb 2020 1:50 PM IST

Business

Sensex, Nifty clock fourth successive loss under AGR, coronavirus...

However, both indices recovered lost ground in the latter part of the day

18 Feb 2020 4:27 PM IST

Business

Moody-'s revises India GDP forecast to 5.4 pc in 2020

Banks have been both unwilling to lend and to lower lending rates despite successive interest rate cuts by the central...

17 Feb 2020 12:04 PM IST

Finance minister Nirmala Sitharaman and RBI Governor Shaktikanta Das at RBI central board of directors in a customary post-budget meeting, in New Delhi on Saturday. PTI photo

Business

Credit growth momentum gathering pace: RBI chief

His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation

15 Feb 2020 2:08 PM IST

Finance minister Nirmala Sitharaman in the Rajya Sabha during the Budget Session of Parliament in New Delhi, Monday, Feb. 10, 2020. (RSTV/PTI Photo) (PTI2_10_2020_000045B)

Business

Nirmala Sitharaman: See these seven green shoots? Not bad for...

Fin min counts 7 indicators that show the Indian economy doing swimmingly whether Chidambaram agrees or not

11 Feb 2020 2:12 PM IST

$The UPAs decision to engage with RCEP nations and the Congress advice to the Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the \parlous\ state of the economy, senior party leader P Chidambaram said on Thursday. (Photo: File)$ Business

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being...

11 Feb 2020 10:03 AM IST