MUMBAI, OCTOBER 23 (IANS): The Central Board of the Reserve Bank of India (RBI) on Friday reviewed the current economic situation, continued global and domestic challenges and various areas of operations of the
NEW DELHI, OCTOBER 22 (IANS): Former Finance Minister P. Chidambaram on Thursday criticised the Centre for its claims on reviving the economy. He said the economy was largely determined by the market, by t
NEW DELHI, OCTOBER 22 (IANS): Festival season is expected to give a temporary boost to India's economic prospect, brokerage major Motilal Oswal Financial Services said.
Accordingly, the brokerage firm
JAKARTA, October 8 (Reuters): Police and demonstrators clashed in Jakarta on Thursday on a third consecutive day of widespread protests and labour strikes against a polarising jobs law that took effect in
NEW DELHI, OCTOBER 5 (IANS): In a sign of economic activity gradually picking pace in the unlock phase, steel companies have increased the price of the metal for the fourth month in a row in October on the back
NEW DELHI, SEPTEMBER 25 (IANS): Diesel price continued to decline on Friday after a two-day pause as the product prices fell globally while crude prices remained steady.
Oil marketing companies, however, kep
NEW DELHI, SEPTEMBER 20 (IANS): With the gradual lifting of the restrictions on economic activities across the country, business sentiments have recovered with the CII Business Confidence Index surging to 50.3
NEW DELHI, SEPTEMBER 16 (IANS): The recovery of the economy reeling from the impact of Covid-19 pandemic will be gradual, RBI Governor Shaktikanta Das said on Wednesday.
Addressing the FICCI National Executi
NEW DELHI, SEPTEMBER 14 (IANS): GST rates in the country are unlikely to witness any change during the pandemic as the Centre and states have agreed not to disturb the indirect tax structure in wake of the curr
NEW DELHI, SEPTEMBER 4 (IANS): Days after India reported a 23.9 per cent contraction in its gross domestic product (GDP), the Department of Economic Affairs (DEA) in its Monthly Economic Review for August has s
NEW DELHI, AUGUST 30 (IANS): As several states continue to oppose the borrowing options proposed in lieu of the GST compensation, the Centre has told states that central revenues have been under greater st
BERLIN, August 28 (Reuters): German Chancellor Angela Merkel said on Friday the coronavirus pandemic was likely to worsen in coming months, and that her government would respond by prioritising the welfare
MANILA, July 27 (Reuters): Philippine President Rodrigo Duterte defended his tough approach to fighting the coronavirus on Monday amid a surge in cases, touting its effectiveness in an annual address that
DHAKA, July 27 (Thomson Reuters Foundation): Five years ago, Sadeka Begum was working 12-hour shifts in a garment factory as the main earner for her family in Bangladesh.
Today the 23-year-old is one of
NEW DELHI, JULY 22 (IANS): India's banking sector woes have impacted investments and growth, Chief Economic Adviser (CEA) Krishnamurthy V Subramanian said on Wednesday.
Speaking at the Ficci's 17th A
MUMBAI, JULY 22 (IANS): India's equity market is geared up to aid the country achieve the $5 trillion economy mark, SEBI Chairman Ajay Tyagi said on Wednesday.
Speaking at the Ficci's 17th Annual Cap
NEW DELHI, JULY 20 (IANS): The Covid-19-induced economic turbulence has led airline major IndiGo to decide to lay off 10 per cent of its workforce.
According to Ronojoy Dutta, CEO, IndiGo, the comp
NEW DELHI, JULY 20 (IANS): The economic turbulence due to Covid-19 is expected to push India's debt-to-GDP ratio higher, according to a SBI Ecowrap report on Monday. Together with the declining GDP growth,
Mon, July 16 (MExN): Mon district task force led by Thavaseelan K, DC Mon has notified that two committees to revive the economy of Mon district, ‘the committees in creation of livelihood opportunities&rs
NEW DELHI, JULY 12 (IANS): With economic activities coming to a halt amid the Covid-19 pandemic and the lockdown, the Indian economy is expected to record a negative 4.5 per cent growth rate in the current fina