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Indias economic outlook has worsened again as business activity slows and COVID-19 infections soar. (PTI Photo)

India's economic recovery at risk as COVID-19 surges, dull outlook...

In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction

30 July 2020 1:28 PM IST

HDFC Chairman Deepak Parekh requested the RBI for a one-time restructuring of loans. (PTI Photo)

Don't extend loan moratorium, able corporates not paying loans: HDFC's...

If the moratorium is extended by another three months, then it is going to hurt us and smaller NBFCs particularly, said...

27 July 2020 4:03 PM IST

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

Need to conclude free trade agreements with US, others: RBI Governor

Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging...

27 July 2020 1:18 PM IST

IMF chief Kristalina Georgieva. (AFP Photo)

Not out of the woods yet: IMF chief warns second wave of virus could...

Activity has started to gradually strengthen, but we are not out of the woods yet, Georgieva said in a message to G20...

16 July 2020 10:46 AM IST

Air India to send certain employees on leave without pay for up to five years. (PTI Photo)

Air India to send staff on leave without pay for upto five years

Air India to send employees on LWP for six months or for a period of two years extendable upto five years

16 July 2020 10:02 AM IST

Former RBI governor Raghuram Rajan. (PTI Photo)

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in...

He said one positive factor for Indian economy is that the agriculture sector is doing well

15 July 2020 7:31 AM IST

Prime Minister Narendra Modi. (PTI Photo)

PM Modi says 'India among most open economies', calls for global...

Speaking at India Global Week 2020, he said green shoots of economic revival are already visible in India coming out of...

9 July 2020 4:04 PM IST

The World Bank on Monday signed a 750 million dollar agreement with the government for MSME emergency response programme. (AFP Photo)

World Bank, India sign Rs 5,600 crore support to COVID-19 hit MSMEs

The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs

7 July 2020 10:31 AM IST

Union minister Nitin Gadkari. (PTI Photo)

India needs Rs 50-60 lakh cr foreign investments to boost economy:...

Gadkari further said that talks are on with investors from Dubai and the US for various sectors, including MSMEs

2 July 2020 3:54 PM IST

Indias economy is set to contract this year. (AFP)

Why IMF's latest projection on India's economic growth must not come...

Coronavirus and the consequent lockdown have dealt a body blow to India's economic recovery

27 Jun 2020 3:10 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI Photo)

RBI central board discusses current economic situation, COVID-19...

RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal...

26 Jun 2020 4:26 PM IST

GDP to contract by 5.3 pc in FY21 due to Covid-19 woes, says Ind-Ra. (ANI Photo)

India's GDP to contract by 5.3% due to COVID-19 'disorder', says India...

However, the agency believes the GDP growth will bounce back in the range of 5 to 6 per cent in FY22

25 Jun 2020 12:09 PM IST