Wednesday, Apr 24, 2024 | Last Update : 11:21 PM IST
Economy Page-12
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
07 Jul 2020 10:31 AM
India needs Rs 50-60 lakh cr foreign investments to boost economy: Gadkari
Gadkari further said that talks are on with investors from Dubai and the US for various sectors, including MSMEs
02 Jul 2020 3:54 PM
Why IMF's latest projection on India's economic growth must not come as a surprise
Coronavirus and the consequent lockdown have dealt a body blow to India's economic recovery
27 Jun 2020 3:10 PM
RBI central board discusses current economic situation, COVID-19 challenges
RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal COVID-19 impact
26 Jun 2020 4:26 PM
India's GDP to contract by 5.3% due to COVID-19 'disorder', says India Ratings
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
Job cuts, salary reductions to have 'relatively low level' of stress on SBI: Chairman
As of now, only 21.8 per cent of the customers have availed the benefit of moratorium
22 Jun 2020 9:18 AM
Fitch cuts India's outlook to 'negative'
Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict lockdown measures
18 Jun 2020 10:27 AM
ADB slashes 2020 growth forecast for developing Asia to 0.1% from 2.2%
The ADB kept its economic growth forecast for developing Asia for next year at 6.2%
18 Jun 2020 9:29 AM
FM gives relief to small taxpayers, halves interest on delayed filing of GST returns
No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman
12 Jun 2020 5:05 PM
RBI proposes stricter governance rules for commercial banks
RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices
12 Jun 2020 9:13 AM
Turn crisis into opportunity, says PM Modi; reiterates self-reliance
PM Modi said that the government has reformed many sectors, it is now time for indsutry and youth to take benefit of those reforms
11 Jun 2020 12:34 PM
OECD sees global economy contracting at least 6% in 2020
By the end of 2021, the loss of income exceeds that of any previous recession over last 100 years outside wartime, says OECD chief economist
10 Jun 2020 2:35 PM
World Bank says global economy to shrink 5.2%, worst recession since WWI
Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year
09 Jun 2020 11:06 AM
US economy entered recession in February
US gross domestic product fell at a 4.8% annualized rate in the first three months of the year
09 Jun 2020 8:48 AM
Japan's economy shrinks less than initial estimate but still in recession
Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period
08 Jun 2020 9:32 AM
No new government schemes for a year, Centre cuts back amid COVID-19 crisis
Schemes that are already approved for the currrent financial year will remain suspended till March 31 next year or further orders
05 Jun 2020 4:25 PM
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
05 Jun 2020 9:52 AM
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
03 Jun 2020 1:03 PM
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
03 Jun 2020 8:59 AM
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
02 Jun 2020 3:33 PM
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