Tuesday, Jul 07, 2020 | Last Update : 03:57 AM IST

104th Day Of Lockdown

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  Business   Economy

Economy | The Asian Age

India needs Rs 50-60 lakh cr foreign investments to boost economy: Gadkari

Gadkari further said that talks are on with investors from Dubai and the US for various sectors, including MSMEs

02 Jul 2020 3:54 PM

Why IMF's latest projection on India's economic growth must not come as a surprise

Coronavirus and the consequent lockdown have dealt a body blow to India's economic recovery

27 Jun 2020 3:10 PM

RBI central board discusses current economic situation, COVID-19 challenges

RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal COVID-19 impact

26 Jun 2020 4:26 PM

India's GDP to contract by 5.3% due to COVID-19 'disorder', says India Ratings

However, the agency believes the GDP growth will bounce back in the range of 5 to 6 per cent in FY22

25 Jun 2020 12:09 PM

Job cuts, salary reductions to have 'relatively low level' of stress on SBI: Chairman

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:18 AM

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Fitch cuts India's outlook to 'negative'

Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict lockdown measures

18 Jun 2020 10:27 AM

ADB slashes 2020 growth forecast for developing Asia to 0.1% from 2.2%

The ADB kept its economic growth forecast for developing Asia for next year at 6.2%

18 Jun 2020 9:29 AM

FM gives relief to small taxpayers, halves interest on delayed filing of GST returns

No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman

12 Jun 2020 5:05 PM

RBI proposes stricter governance rules for commercial banks

RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices

12 Jun 2020 9:13 AM

Turn crisis into opportunity, says PM Modi; reiterates self-reliance

PM Modi said that the government has reformed many sectors, it is now time for indsutry and youth to take benefit of those reforms

11 Jun 2020 12:34 PM

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OECD sees global economy contracting at least 6% in 2020

By the end of 2021, the loss of income exceeds that of any previous recession over last 100 years outside wartime, says OECD chief economist

10 Jun 2020 2:35 PM

World Bank says global economy to shrink 5.2%, worst recession since WWI

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year

09 Jun 2020 11:06 AM

US economy entered recession in February

US gross domestic product fell at a 4.8% annualized rate in the first three months of the year

09 Jun 2020 8:48 AM

Japan's economy shrinks less than initial estimate but still in recession

Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period

08 Jun 2020 9:32 AM

No new government schemes for a year, Centre cuts back amid COVID-19 crisis

Schemes that are already approved for the currrent financial year will remain suspended till March 31 next year or further orders

05 Jun 2020 4:25 PM

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Lockdown flattened GDP curve, not COVID-19: Rajiv Bajaj

Airing concerns of the industry, Bajaj said India now needs to generate demand for which a stimulus is required for providing cash to people

05 Jun 2020 9:52 AM

Public sector banks disburse Rs 3,893 cr loans to MSMEs

On May 21, cabinet approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25% through ECLGS for the MSME sector

03 Jun 2020 1:03 PM

Australia's economy shrinks in first quarter, headed for first recession in 30 years

The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying programme

03 Jun 2020 8:59 AM

Moody’s rated Modi’s handling of economy a step above junk, says Rahul Gandhi

He said lack of support to the poor and small and medium industry indicates that the worst is yet to come

02 Jun 2020 3:33 PM

India will definitely get its growth back, path to that is Atma-nirbhar bharat: PM Modi

Speaking at CII's Annual Session, he called on India Inc to rise to the occasion and partner rural India in these testing times

02 Jun 2020 2:09 PM

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