Goldman Sachs says present economic crisis bigger than that of 2008 as slump more protracted now (Oct 17, 2019 14:44)
Many people attribute the deepening slowdown in consumption to the NBFC crisis that beg...

India to miss fiscal deficit target by 30-50 bps: Sources (Oct 17, 2019 13:58)
The government is now trying to cap the fiscal deficit for 2019/20 at 3.8 percent of GD...

PMUY brought Rs 3,000 cr investment, generated 3,000 jobs in Northeast: Official (Oct 17, 2019 11:35)
The ambitious programme, being implemented by the three PSU oil marketing companies IOC...

Details of investment in JK would be available very soon: Nirmala Sitharaman (Oct 17, 2019 09:52)
Sitharaman made the comments while responding to a question during an interactive sessi...

No better place to invest than in India, govt continuously working to bring reforms: Nirmala Sitharaman (Oct 17, 2019 08:15)
"It (India) is one of the fastest growing (economies) even today. It has the best skill...

No one in govt felt #39;pang of guilt#39; about Abhijit Banerjee#39;s remarks on economy: P Chidambaram (Oct 16, 2019 18:07)
Banerjee, while speaking at a press conference at the Massachusetts Institute of Techno...

Important for India to keep fiscal deficit in check: IMF chief economist (Oct 16, 2019 16:29)
As against India#39;s real growth rate of 6.8 percent in 2018, the IMF in its latest Wo...

Chief Economic Adviser KV Subramanian urges large corporations to clear MSME dues (Oct 16, 2019 15:42)
He said the virtuous cycle with investment was slowing down secularly.

India#39;s aim of being a $5 trillion economy #39;challenging#39; but #39;realisable#39;: FM Nirmala Sitharaman (Oct 16, 2019 14:51)
She also emphasised that a $5 trillion economy will make India a global economic powerh...

India#39;s fuel demand fell 0.1% in September (Oct 16, 2019 14:45)
Sales of gasoline, or petrol, were 6.3 percent higher from a year earlier at 2.37 milli...

Indian public sector banks had #39;worst phase#39; under Manmohan Singh, Raghuram Rajan: Nirmala Sitharaman (Oct 16, 2019 11:50)
Delivering a lecture at the prestigious Columbia University#39;s School of Internationa...

IMF says India still the fastest-growing economy despite grim global projections (Oct 16, 2019 10:42)
Globally, India stood in contrast to IMF’s gloomy economic projection of a #39;synchr...

India halved its poverty rate since 1990s: World Bank (Oct 15, 2019 22:22)
Deposit withdrawals have been capped at Rs 40,000 over a six-month period, causing pani...

Not a single Rs 2,000 note printed in FY20 so far: Report (Oct 15, 2019 19:10)
That the Central Bank has halted the printing of high value bank notes was conveyed by ...

IMF slashes India#39;s FY20 growth outlook by 90 bps to 6.1% (Oct 15, 2019 18:53)
The downward revision in India#39;s growth forecast by the IMF reflects a weaker-than-e...

Despite inflation rise, analysts see RBI cutting rates in December (Oct 15, 2019 15:16)
Some analysts also wonder if the economy is headed towards "stagflation", which is char...

Economic slowdown cyclic in nature; right time to invest in India, says Piyush Goyal (Oct 15, 2019 14:40)
Admitting that the country#39;s economic growth has slowed down in past two quarters (J...

India offers higher growth prospects than other EMs: Julius Baer#39;s Mark Matthews (Oct 15, 2019 12:59)
Matthews called the corporate tax rate cuts announced by Sitharaman last month a step i...

Trade pressure seen denting China#39;s 2019 growth to 29-yr low at 6.2%, 5.9% in 2020: Poll (Oct 15, 2019 12:36)
The poll of 83 analysts also forecast third-quarter growth at 6.1% year-on-year, unchan...

London retains global finance throne amid Brexit chaos (Oct 15, 2019 12:10)
A global hub for trading, lending and investing, London is the largest net exporter of ...

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