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Economy - Page 18

Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Gujarat tops Export Preparedness Index 2020, Maharashtra comes second

Six coastal states -- Gujarat, Maharashtra, Tamil Nadu, Odisha, Karnataka and Kerala -- feature in the top ten rankings

26 Aug 2020 2:10 PM IST

Former Reserve Bank governor D Subbarao

Former RBI governor D Subbarao backs setting up of a bad bank to...

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset...

26 Aug 2020 12:36 PM IST

The newly-issued Rs 2000 notes. (Photo: PTI)

Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:24 AM IST

The RBI draws its powers from several Indian statutes, the most significant of them being the Reserve Bank of India Act, 1934. (AFP)

Rate cuts don't interest MPC any more. Let's worry about inflation now

Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019

22 Aug 2020 12:12 AM IST

Rising steel prices have inflated costs for equipment manufacturers. (Photo: Jindal Steel)

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 12:25 AM 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 10:18 AM 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. (AP Photo)

UK economy slips into recession with record 20.4% contraction, job...

Today's figures confirm that hard times are here, finance minister Rishi Sunak said

12 Aug 2020 4:28 PM IST

Manufacturing output, which accounts for more than three-fourths of the IIP, fell 1.2 per cent against a growth of 2.7 per cent in November.

COVID-19 lockdown effect: Industrial production declines by over 16...

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 7:16 PM IST

Former Reserve Bank of India governor Raghuram Rajan. (PTI Photo)

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 9:09 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 2:52 PM IST

Indian laborers work at a goverment building construction site during reimposed weekend lockdown to prevent the spread of coronavirus in Jammu, India. AP 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 5:33 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 4:07 PM IST