Economy
Lockdown flattened GDP curve, not COVID-19: Rajiv Bajaj
Airing concerns of the industry, Bajaj said India now needs to generate demand for which a stimulus is required for providing cash to people
Public sector banks disburse Rs 3,893 cr loans to MSMEs
On May 21, cabinet approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25% through ECLGS for the MSME sector
Australia's economy shrinks in first quarter, headed for first recession in 30 years
The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying programme
Moody’s rated Modi’s handling of economy a step above junk, says Rahul Gandhi
He said lack of support to the poor and small and medium industry indicates that the worst is yet to come
India will definitely get its growth back, path to that is Atma-nirbhar bharat: PM Modi
Speaking at CII's Annual Session, he called on India Inc to rise to the occasion and partner rural India in these testing times
Moody's cuts India's rating to lowest investment grade with negative outlook
India’s economy grew 3.1% in January-March, its slowest quarterly pace in at least eight years
Even before Covid19, India's economy was slumping
The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in at least eight years
Italy slips into great recession since World War II
Business confidence in the eurozone's third largest economy in May plummeted to its lowest level
Singapore cuts GDP outlook again as virus batters economy
Singapore’s economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter
RBI cuts repo rate, extends loan moratorium, projects negative GDP growth
RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension