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The Centre for the Monitoring of the Indian Economy says that corporate sales declined by 1.2 per cent in the October-December 2019-20 quarter (having declined by 2.8 per cent before that) and profits before tax shrunk by 10 per cent (compared to a shrinkage of 60 per cent in the previous quarter).

A bad time for India, but with bad leadership

Outside of the formal sector, data has been difficult to collect credibly in India.

1 March 2020 4:24 AM IST

Indias economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)

Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in...

30 May 2020 11:17 AM IST

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)

Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Indias automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)

India's automakers warn of up to 45% sales drop as economy slumps amid...

India's auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5...

12 May 2020 10:42 AM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST

ASEAN, 8 other countries call for strengthening regional supply chains. (Representative Image- AFP)

ASEAN countries, 8 others including India to strengthen regional...

The ministers have finalized an ASEAN Digital Integration Index, which maps readiness for an integrated digital economy...

30 Aug 2020 10:37 AM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 2:06 PM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

India on way to becoming fastest growing economy in world: FinMin...

Rapid vaccination and teeming festivities will push India's ongoing recovery, as per the report

10 Nov 2021 1:52 PM IST

Until a state of herd immunity is reached, mask-wearing, hand washing with soap and social distancing will have to necessarily remain. (Photo: PTI)

Patralekha Chatterjee | Halt Covid complacency: Be vigilant, keep all...

If we become complacent, and drop our guard, infections can rise. That affects us all

25 March 2021 4:17 AM IST

One of the implications of climate change that has not received much attention is its impact on civilisations. Representational Image. (ANI)

Glasgow COP is near: Fix rewards for aggressive mitigation of goal

The race to keep global climate stable seems irrevocably loaded against us, already

27 Aug 2021 1:08 AM IST

Has China Won? The Chinese Challenge to American Primacy, (Image: DC)

Provocative analysis inspires fresh look at Sino-US power strife

The writer underplays China's aggressiveness in South and East China Seas and across Line of Actual Control (LAC)...

8 Oct 2023 12:00 AM IST

Union Finance Minister Nirmala Sitharaman speaks during her interaction with a group of Indian-overseas scholars and students from various US universities in Washington DC, USA (PTI)

AA Edit | Madam FM, pursue growth above all

The Budget would be judged for its ability to unleash the Indian economy on a rapid growth path.

30 Jan 2023 12:47 AM IST