Economy
Engineering exports once gain down in August after growth in July
Subdued industrial activity is still pulling down shipment of value-added products
Chinese FDI has been coming down in 3 years
The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.
Home prices across India fall 2.3 per cent in six months
As on Q2 2020, prices declined by 1.9 per cent for the 12-month period
RBI governor Shaktikant Das: Indian economy will recovery gradually
Indian economy contracted 23.9 per cent in the first quarter of the current financial year
NBFCs witness 15-20 per cent improvement in retail lending in last 2 months
Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath committee recommendation
Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams move
The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money
RBI rides to rescue, unveils steps to cool rising bond yields
The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year
Finally, it falls to the farmer to rescue salvage India's parlous GDP
Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India
Only the farmer bats for India as eight core sectors shrink 9.6%
Only the fertiliser industry continued to grow through the worst of the Covid months
GDP to contract by 18.3% as economy set for weakest quarterly growth in eight years
Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively