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Moody's cuts India GDP growth forecast To 2.5% in 2020

In India, credit flow to the economy already remains severely hampered: Moody's

27 March 2020 12:01 PM IST

Singapore cuts 2020 GDP outlook again as virus batters economy. (AFP Photo)

Business

Singapore cuts GDP outlook again as virus batters economy

Singapore's economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter

26 May 2020 9:00 AM IST

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

Business

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

Foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16 billion out of India. (AFP Photo)

Business

Foreign investors pull out $26 billion from Asian economies, $16...

The small decline in orders in March is likely to give way to a collapse in investment across this quarter

20 May 2020 12:47 PM IST

$Congress on Monday said the fiscal stimulus package announced by the government is \hopelessly inadequate\. (PTI Photo)$ India

Chidambaram slams Centre, says stimulus package hopelessly inadequate

The party sought a revised and comprehensive package of 10 per cent of the GDP

18 May 2020 2:29 PM IST

Migrant workers from other states trying to return to their homes arrives for transportation to a train station in Ahmedabad. (AP)

Business

135 million Indians may lose job due to coronavirus impact

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita...

17 May 2020 4:25 PM IST

Union Finance Minister Nirmala Sitharaman. (ANI Photo)

Business

FM Nirmala announces additional 40k crore under MGNREGS to boost...

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM IST

Union Finance Minister Nirmala Sitharama. (PTI Photo)

Business

Sitharaman to announce fifth and final tranche of economic package at...

Finance Minister on Saturday said the government will introduce competition, transparency and private sector...

17 May 2020 9:45 AM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

Business

FM Nirmala Sitharaman's third tranche covers agriculture and allied...

Financing facility of Rs 1,00,000 crore will be provided for funding agriculture infrastructure projects at farm-gate...

15 May 2020 5:42 PM IST

Business

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

Indias services activity collapses as coronavirus palayses global economy. (PTI Photo)

Business

Coronavirus lockdown causes historic spike in layoffs in India

The steep downturn in activity underlined the widespread havoc wrought by the pandemic worldwide

6 May 2020 1:32 PM IST

Business

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...

5 Jun 2020 9:52 AM IST