Sunday, Feb 23, 2020 | Last Update : 03:06 PM IST

Economy | The Asian Age

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 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

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

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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

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

Indian inflation likely hit a near six-year high in January: report

40 economists showed India’s annual consumer price inflation is expected to have risen to 7.40 per cent in January.

10 Feb 2020 11:21 AM

GSTIN made mandatory in export, import papers

Data analytics by the revenue authorities have detected rampant tax evasion through black market and under-valuing of imports.

10 Feb 2020 5:49 AM

China virus outbreak hits Indian tourism

Foreign as well as domestic tourists are cancelling travel to Kerala where three cases of the disease have been confirmed

09 Feb 2020 2:31 PM

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Argentina to repay IMF debts after recession ends

Argentina needs to restructure $100 billion in sovereign debt with creditors, including part of a $57 billion credit facility IMF extended

09 Feb 2020 1:58 PM

Budget 2020 provides 'discreet and considered' stimulus: Sitharaman

Sitharaman said divestments are necessary to get transparency in the working of companies.

07 Feb 2020 1:37 PM

Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India demand

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

07 Feb 2020 1:01 PM

Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

06 Feb 2020 1:04 PM

RBI has many other tools to revive growth, not just interest rates: Das

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

06 Feb 2020 12:50 PM

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RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar qtr

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

06 Feb 2020 12:36 PM

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

06 Feb 2020 12:32 PM

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation, faltering economic growth.

06 Feb 2020 11:54 AM

Our target is USD 5 billion of defence export in next five years: PM Modi

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs 17,000 cr.

06 Feb 2020 11:21 AM

India may issue USD 5 billion of bonds with no foreign investment cap: Sources

India’s total planned borrowing for 2020-21 stands at USD 109.57 billion.

05 Feb 2020 1:52 PM

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