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Federal Reserve Chairman Jerome Powell. (Photo: AP)Business
Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Nirmala SitharamanOpinion
New thinking is needed, Band-Aids won't suffice

The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.

29 Jan 2020 2:26 AM IST

A man sleeps at a night shelter for poor and homeless people, in New Delhi, in the cold morning hours. (Photo: AFP)India
Time to care' about economic inequality in India

The creamy layer of the world population has collectively generated an enormous amount of wealth in the past 20 years.

28 Jan 2020 2:57 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Opinion
The new stagflation challenge

Stagflation has also made it harder for the RBI to boost economic growth by using monetary tools like interest rate...

15 Jan 2020 1:47 AM IST

The Centre for the Monitoring of the Indian Economy says that corporate sales declined by 1.2 per cent in the October-December 2019-20 quarter (having declined by 2.8 per cent before that) and profits before tax shrunk by 10 per cent (compared to a shrinkage of 60 per cent in the previous quarter).Opinion
A bad time for India, but with bad leadership

Outside of the formal sector, data has been difficult to collect credibly in India.

1 March 2020 4:24 AM IST

Indias economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)Business
Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in...

30 May 2020 11:17 AM IST

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)Business
Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Indias automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)Business
India's automakers warn of up to 45% sales drop as economy slumps amid...

India's auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5...

12 May 2020 10:42 AM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)Business
India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST

ASEAN, 8 other countries call for strengthening regional supply chains. (Representative Image- AFP)Business
ASEAN countries, 8 others including India to strengthen regional...

The ministers have finalized an ASEAN Digital Integration Index, which maps readiness for an integrated digital economy...

30 Aug 2020 10:37 AM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)Business
Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 2:06 PM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)Business
India on way to becoming fastest growing economy in world: FinMin...

Rapid vaccination and teeming festivities will push India's ongoing recovery, as per the report

10 Nov 2021 1:52 PM IST

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