Thursday, Oct 01, 2020 | Last Update : 03:14 AM IST

189th Day Of Lockdown

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  Business   Economy

Economy Page-18

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

04 Oct 2019 12:08 PM

India's services sector activity contracts in Sep on weak demand: PMI

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

04 Oct 2019 11:54 AM

RBI likely to cut policy rate on Friday to boost economy

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.

03 Oct 2019 5:50 PM

Many more structural reforms in offing to propel growth: Kant

I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog CEO.

03 Oct 2019 3:43 PM

Govt should provide more stimulus; lower income tax: Adi Godrej

The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group Chairman.

03 Oct 2019 1:10 PM

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Singapore Deputy PM warns of greater economic uncertainty due to US China trade war

He asserted that monetary and fiscal policies can 'stabilise' the global economy but structural policies need to be brought in.

03 Oct 2019 12:11 PM

Favourable conditions exist to achieve USD 5 trillion economy target: official

The WEF would further give government ideas in order to get moving forward.

03 Oct 2019 11:26 AM

Corporate tax cut is a signal to structural reforms: CEA

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

02 Oct 2019 6:36 PM

India has potential to become one of the largest electric vehicles markets: Report

Considering the strong governmental push towards EVs, India has a huge potential to become one of the largest EV markets, the report noted.

02 Oct 2019 6:20 PM

India central bank set to cut rates again as fiscal measures fail to cheer

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

02 Oct 2019 2:41 PM

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RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

01 Oct 2019 5:19 PM

India Sepember manufacturing PMI unchanged from August on weaker demand

This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark.

01 Oct 2019 11:33 AM

India's external debt rises to USD 557.4 billion end-June 2019

Excluding the valuation effect, the increase in external debt would have been USD 12.4 billion instead of USD 14.1 billion.

01 Oct 2019 9:15 AM

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.

29 Sep 2019 4:33 PM

Consumer durable manufacturers look forward to festive season for sales revival

Manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact on sales.

29 Sep 2019 3:50 PM

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Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.

29 Sep 2019 2:38 PM

Govt looks to push infra spending, has cleared MSME dues: FM Sitharaman

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been waiting for it.

27 Sep 2019 6:48 PM

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sep 2019 11:00 AM

Economic growth to improve in second half of fiscal 2020: Sitharaman

India’s economic growth in April-June fell to a six year low of 5 per cent.

27 Sep 2019 10:08 AM

Economy looking up; no liquidity crisis: FM Sitharaman after bankers meet

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sep 2019 10:31 PM

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