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This collaborative approach and deep knowledge have led to the rise of vibrant and dynamic edtech industry. (Representational Image)

How Ed Tech players are contributing to the Indian economy

Governments and academic institutes, as well as entrepreneurs, are jointly transforming the definition of learning.

06 Nov 2019 9:00 AM

Economists decided that 2009-10 was not a good year globally and domestically and finalised 2011-12 as the base year for new series of GDP.

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

05 Nov 2019 2:59 PM

Although the Nikkei/IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

05 Nov 2019 12:58 PM

Economic growth has slipped to a six-year low of 5 pc for the June quarter and is expected to turn in lower than that in the Sept quarter.

Muted Diwali demand, GDP growth may fall to 5.8 pc: BofAML

Lack of consumption is seen as one of the key factors pulling down growth.

04 Nov 2019 4:29 PM

Sri Lanka's economy was slowly recovering from the impact of the Easter Sunday suicide bombings that killed hundreds and crippled the booming tourism sector, the International Monetary Fund said Saturday. (Representational Image)

Sri Lanka economy slowly recovering from Easter attacks: IMF

Furusawa's comments coincided with the latest tranche of a USD 1.5 billion IMF bailout package for Sri Lanka first approved in 2016.

02 Nov 2019 3:09 PM

Ambani says slowdown in India temporary, reforms undertaken to reverse trend

The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

29 Oct 2019 5:55 PM

Finance Minister Nirmala Sitharaman, while talking to reporters, said states too will have to make efforts in improving the business climate in India, especially with regard to property registration. (Photo: File)

Sitharaman promises further GST simplification to help India improve biz ranking

India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.

24 Oct 2019 4:07 PM

I am confident that this momentum of business reforms will be maintained and India will be among top 50 destinations as was envisioned by our PM, said CII Director General Chandrajit Banerjee. (Photo: Representational Image)

Improvement in ease of doing biz ranking outcome of Modi govt's reforms: India Inc

Industry bodies exuded confidence that India will climb the rankings further to be among the top 50 nations.

24 Oct 2019 3:18 PM

The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.

24 Oct 2019 2:20 PM

We had GST (goods and services tax). We had IBC (insolvency and bankruptcy code). All these reforms have been implemented in last three years. And as a result, we are in a transition period. A lot of cleanup has happened in the corporate sector, said SBI Chairman Rajnish Kumar. (Photo: File)

Indian economy in transition phase, growth to come back: SBI Chairman

Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

24 Oct 2019 12:36 PM

After India jumped 14 positions to be ranked 63rd in the World Bank's ease of doing business, Union Minister Piyush Goyal on Thursday congratulated Prime Minister Narendra Modi for the "path breaking improvements" in the country's business environment. (Photo: File)

Piyush Goyal lauds PM for 'path breaking improvements' in India's business environment

India has remarkably improved in ease of doing business, reported World Bank in its ease of doing business 2020 survey.

24 Oct 2019 9:03 AM

CPI(M) general secretary Sitaram Yechury on Friday hit out at the Centre over reports that rural household consumption had slumped to a seven-year low, saying the "callous" government is enthusiastic about writing off unpaid loans of rich borrowers and tax cuts for the super-rich but shows no signs of concern over the slowdown. (Photo: File)

Modi govt busy with divide and polarise, no concern over economy slowdown: Yechury

He further said that the government's policies have hurt all sections of society.

18 Oct 2019 2:45 PM

Economic slowdown cyclic in nature; right time to invest in India: Goyal

Our economy is like any other economy in the world... challenges have grown (in recent times), said Minister Piyush Goyal.

15 Oct 2019 5:20 PM

'The condition of Indian economy is on a shaky ground. After witnessing the present (growth) data, just can't be sure about it (revival of economy in near future). "In the last five-six years, at least we could witness some growth, but now that assurance is also gone,' Banerjee said. (Photo: Twitter)

Indian economy on shaky ground: Nobel awardee Abhijit Banerjee

The 58-year-old economist bagged the coveted prize jointly with his wife Esther Duflo and another economist.

14 Oct 2019 8:24 PM

India’s industrial output also shrank at its fastest rate in more than six years in August.

World Bank slashes India's growth forecast to 6 per cent for this fiscal year

Asia’s third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the April-June quarter.

14 Oct 2019 9:15 AM

After a broad-based deceleration in the initial quarters of this fiscal year, India's growth rate is projected to fall to 6 per cent, the World Bank said on Sunday. (Representational Image)

World Bank cuts India's growth rate projection to 6 per cent

According to the World Bank, poverty has continued to decline, albeit possibly at a slower pace than earlier.

13 Oct 2019 10:45 AM

The industry group 'manufacture of motor vehicles, trailers and semi-trailers' showed the highest negative growth of minus.

Industrial production slips by 1.1 per cent in August

Manufacturing sector contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August 2019.

12 Oct 2019 1:04 PM

I am not saying boisterous or we are going to have a runaway boom. I am saying that as we are moving ahead, growth will move higher from where it is. We are probably at the trough, Puri said. (Photo: File)

Growth will improve by January but no 'runaway boom': Aditya Puri

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

06 Oct 2019 6:26 PM

The Twitter account of the Peoples Democratic Party (PDP) leader, who has been in detention since August 5, is being handled by her daughter Iltija since September 20. (Photo: File)

‘Sab changa si?’: Mehbooba Mufti tweets dig at Centre’s development plank for J&K

Mufti posted her tweet a day after Union Home Minister Amit Shah said J&K would lead country in terms of development over the next decade.

04 Oct 2019 1:57 PM

Reserve Bank of India's Monetary Policy Committee decided to cut benchmark lending repo rate by 0.25 per cent to 5.15 per cent in a bi-monthly meeting in Mumbai on Friday.

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

04 Oct 2019 12:08 PM

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Skand Tayal