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IndusInd Bank says it is financially strong, amid speculation on financial health

The bank said it maintains liquidity well above 100 per cent going up to 120 per cent on a daily basis

18 Mar 2020 3:18 PM

Yes Bank moratorium ends today, to resume banking services

On march 5, RBI imposed a moratorium on Yes bank, restricting withdrawals to Rs 50,000 per depositor till April 3

18 Mar 2020 3:10 PM

RBI to offer USD 2 billion worth American dollars to soothe forex market

Decided to undertake six-month US Dollar sell/buy swaps to provide liquidity to the foreign exchange market: central bank

12 Mar 2020 6:01 PM

People walk across an unusually empty medieval Charles Bridge in Prague, Czech Republic. AP photo

Coronavirus repercussions on global economy profound

China’s totals of 80,793 cases and 3,169 deaths are a shrinking portion of the world’s more than 1,26,000 infections and 4,600 deaths

12 Mar 2020 11:22 AM

Inflation eased to 6.80%, significantly lower than January’s 7.59%, according to the March 4-6 poll of more than 40 economists (PTI)

India's retail inflation remains above RBI target band

Poll finds out that inflation likely fell to a three-month low in February

09 Mar 2020 2:42 PM

Sensex takes a major hit over 1,500 pts on global equity rout

The rupee was trading flat at 73.89 against the US dollar in morning session

09 Mar 2020 1:54 PM

Couple wearing face masks, amid concerns about the spread of COVID-19 in Tokyo (AFP)

Coronavirus compounds recession risk as Japan's economy shrinks

Covid-19 hit Japan's economy faster than estimated

09 Mar 2020 12:15 PM

RBI will take measures to secure economy against coronavirus: Das

Globaly economy growth expected to slow down due to Coronavirus

06 Mar 2020 1:29 PM

The IHS Markit India Services Business Activity Index rose from 55.5 in January to 57.5 in February.

India's services sector growth hits seven-year high in Feb: PMI

Service providers saw a marked increase in new work intakes during February, the second-fastest in over seven years.

04 Mar 2020 11:46 AM

The strong manufacturing sector expansion seen in India at the start of the year was maintained in February,

India's mfg activity eases marginally in Feb: PMI

This is the 31st consecutive month that the manufacturing PMI has remained above the 50-point mark.

02 Mar 2020 11:25 AM

In the December quarter, private investment grew 5.9 per cent, up from 5.6 per cent in the previous quarter.

Indian economic growth slows, with coronavirus impact to come

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5 per cent

29 Feb 2020 11:33 AM

This photo taken on February 27, 2020 shows a worker wearing a face mask as he makes insoles at the Zhejiang Xuda Shoes Co. factory in Wenzhou. (AFP)

China's factory index falls to all-time February low

This is the worst level since China began recording factory data in 2005

29 Feb 2020 9:58 AM

Write-offs for banks stood at 0.2 per cent and for NBFC MFIs at 1.7 per cent.

Sharp rise in MFI delinquency rate in Assam in Q3

The overall write-offs as of December 2019 stood at 1.4 per cent of the portfolio, 10 bps higher than the previous quarter.

27 Feb 2020 4:31 AM

Gold holds near seven-year peak over virus concerns

Beijing cut its benchmark lending rate to support an economy hit by the epidemic, keeping Chinese stocks supported

20 Feb 2020 4:55 PM

Sensex, Nifty clock fourth successive loss under AGR, coronavirus clouds

However, both indices recovered lost ground in the latter part of the day

18 Feb 2020 4:32 PM

Moody’s peer Fitch Ratings had last month cut the country’s GDP growth forecast for 2019-20 fiscal year to 4.6 per cent and said growth would recover to 5.6 per cent in FY21.

Moody’s cuts 2020 growth to 5.4 per cent

Moody's growth projections are based on calendar year and as per its estimates, India’s GDP grew 5 per cent in 2019.

18 Feb 2020 1:54 AM

Moody's revises India GDP forecast to 5.4 pc in 2020

Banks have been both unwilling to lend and to lower lending rates despite successive interest rate cuts by the central bank

17 Feb 2020 12:07 PM

Finance minister Nirmala Sitharaman sen during an interactive session on the Union Budget 2020-21 with industrialists in Chennai on Feb. 8, 2020. (PTI)

Nirmala Sitharaman: See these seven green shoots?

Fin min counts 7 indicators that show the Indian economy doing swimmingly whether Chidambaram agrees or not

11 Feb 2020 2:21 PM

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being targeted at 3.5 pc.

11 Feb 2020 10:03 AM

While the country attracted FDI valued around $286 billion in the past five years across sectors, defence and aerospace, which were projected as high potential sectors under ‘Make in India’, could grab only a measly Rs 1,834 crore, according to government data released on Monday.

Defence, aerospace get Rs 1,800 cr FDI in 5 years

The government had also announced two defence corridors-- in Tamil Nadu and Uttar Pradesh.

11 Feb 2020 4:17 AM

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Sunil Gatade