Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.
05 Nov 2019 12:58 PM
Lack of consumption is seen as one of the key factors pulling down growth.
04 Nov 2019 4:29 PM
Furusawa's comments coincided with the latest tranche of a USD 1.5 billion IMF bailout package for Sri Lanka first approved in 2016.
02 Nov 2019 3:09 PM
The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.
29 Oct 2019 5:55 PM
India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.
24 Oct 2019 4:07 PM
Industry bodies exuded confidence that India will climb the rankings further to be among the top 50 nations.
24 Oct 2019 3:18 PM
GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.
24 Oct 2019 2:20 PM
Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.
24 Oct 2019 12:36 PM
India has remarkably improved in ease of doing business, reported World Bank in its ease of doing business 2020 survey.
24 Oct 2019 9:03 AM
He further said that the government's policies have hurt all sections of society.
18 Oct 2019 2:45 PM
Our economy is like any other economy in the world... challenges have grown (in recent times), said Minister Piyush Goyal.
15 Oct 2019 5:20 PM
The 58-year-old economist bagged the coveted prize jointly with his wife Esther Duflo and another economist.
14 Oct 2019 8:24 PM
Asia’s third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the April-June quarter.
14 Oct 2019 9:15 AM
According to the World Bank, poverty has continued to decline, albeit possibly at a slower pace than earlier.
13 Oct 2019 10:45 AM
Manufacturing sector contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August 2019.
12 Oct 2019 1:04 PM
A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.
06 Oct 2019 6:26 PM
Mufti posted her tweet a day after Union Home Minister Amit Shah said J&K would lead country in terms of development over the next decade.
04 Oct 2019 1:57 PM
The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.
04 Oct 2019 12:08 PM
The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.
04 Oct 2019 11:54 AM
I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog CEO.
03 Oct 2019 3:43 PM