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Economy Page-3

World Bank trims 2020 growth forecast amid slow recovery for trade, investment

The World Bank shaved 0.2 percentage point off of growth for both years.

09 Jan 2020 9:53 AM

GDP growth seen slipping to 11-yr low of 5 pc this fiscal: Govt data

RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy last month.

08 Jan 2020 9:53 AM

Use of AI in different forms can help achieve USD 5 trn economy target: Goyal

The minister added that AI can also help expand in a more cost- effective and outcome-oriented manner.

06 Jan 2020 3:03 PM

When Rahul Bajaj broke deafening silence of India Inc

The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.

24 Dec 2019 11:56 AM

Consumer durables report steady growth in 2019; slowdown a threat in 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent.

23 Dec 2019 9:34 AM

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DPIIT optimistic of India breaking into top 50 in 'ease of doing biz' ranking soon

India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.

19 Dec 2019 5:33 PM

Room for strong growth for microfinance in India: KPMG

Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.

19 Dec 2019 11:49 AM

Govt sets Rs 1.1 lakh cr monthly GST collection target; asks taxmen to buckle up

Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

17 Dec 2019 5:43 PM

Impact of GST will take time to show results: Bibek Debroy

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

17 Dec 2019 12:07 PM

FM Sitharaman to hold pre-Budget meetings with stakeholders beginning today

FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.

16 Dec 2019 11:16 AM

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US China trade deal cuts tariffs for Beijing promise of big farm purchases

Beijing has agreed to import at least USD 200 billion in additional US goods and services over the next two years.

14 Dec 2019 1:18 PM

Moody's cuts India's GDP growth forecast to 5.6 pc for 2019

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

13 Dec 2019 1:51 PM

ADB trims India's GDP growth forecast to 5.1 per cent in FY20

Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.

11 Dec 2019 11:55 AM

India's real GDP growth in FY20 to come below 5 per cent: Report

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

08 Dec 2019 12:52 PM

Govt working on more measures to boost economy: Sitharaman

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

07 Dec 2019 1:20 PM

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UN launches humanitarian appeal for nearly USD 29 billion

UN launches USD 29 bn emergency funding appeal.

04 Dec 2019 3:38 PM

RBI may go for sixth repo rate cut to boost economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

03 Dec 2019 2:08 PM

Government open to further reforms: FM Nirmala Sitharaman

Govt is committed for further reforms in sectors such as banking, mining, insurance among others said FM Sitharaman.

03 Dec 2019 12:35 PM

India's mfg sector activity growth inches up in Nov; but remains subdued

GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.

02 Dec 2019 11:12 AM

Centre to invest Rs 100 lakh crore in new infra projects to boost economy

PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.

01 Dec 2019 3:32 PM

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