Tuesday, Sep 21, 2021 | Last Update : 01:59 PM IST

Economy Page-5

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

05 Nov 2019 12:58 PM

Muted Diwali demand, GDP growth may fall to 5.8 pc: BofAML

Lack of consumption is seen as one of the key factors pulling down growth.

04 Nov 2019 4:29 PM

Sri Lanka economy slowly recovering from Easter attacks: IMF

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

Ambani says slowdown in India temporary, reforms undertaken to reverse trend

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

Sitharaman promises further GST simplification to help India improve biz ranking

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

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Improvement in ease of doing biz ranking outcome of Modi govt's reforms: India Inc

Industry bodies exuded confidence that India will climb the rankings further to be among the top 50 nations.

24 Oct 2019 3:18 PM

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

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

Indian economy in transition phase, growth to come back: SBI Chairman

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

Piyush Goyal lauds PM for 'path breaking improvements' in India's business environment

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

Modi govt busy with divide and polarise, no concern over economy slowdown: Yechury

He further said that the government's policies have hurt all sections of society.

18 Oct 2019 2:45 PM

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Economic slowdown cyclic in nature; right time to invest in India: Goyal

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

Indian economy on shaky ground: Nobel awardee Abhijit Banerjee

The 58-year-old economist bagged the coveted prize jointly with his wife Esther Duflo and another economist.

14 Oct 2019 8:24 PM

World Bank slashes India's growth forecast to 6 per cent for this fiscal year

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

World Bank cuts India's growth rate projection to 6 per cent

According to the World Bank, poverty has continued to decline, albeit possibly at a slower pace than earlier.

13 Oct 2019 10:45 AM

Industrial production slips by 1.1 per cent in August

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

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Growth will improve by January but no 'runaway boom': Aditya Puri

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

‘Sab changa si?’: Mehbooba Mufti tweets dig at Centre’s development plank for J&K

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

RBI cuts repo rate by 0.25 per cent to support growth

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

India's services sector activity contracts in Sep on weak demand: PMI

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

Many more structural reforms in offing to propel growth: Kant

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

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