Economy news, Latest Economic News, GDP, World Economy, Indian Economy - The Hindu

‘Accommodative’ stance to help revive durable growth: bankers

PTI ‘Puzzling that there are no steps to absorb liquidity’

Supply-side issues fuelling inflation, says RBI’s Patra

PRESS TRUST OF INDIA Huge retail margins, taxes to blame

RBI keeps key rates unchanged

Special Correspondent FY21 GDP contraction projected at 7.5%

Union Finance Minister Nirmala Sitharaman addresses a news conference in New Delhi on November 12, 2020. File

Not just pent up demand that is reviving economy: FM

PTI Without delving into the budget she will present in two months, she said the government and the Reserve Bank are coordinating for a quicker economic recovery

Other Articles

First
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Next
Last

The Hindu Explains | What is inflation, and what is the RBI’s role in tackling it?

‘Accommodative’ stance to help revive durable growth: bankers

Supply-side issues fuelling inflation, says RBI’s Patra

Not just pent up demand that is reviving economy: FM

Forex reserves down $469 million to $574.82 billion

Letting corporates into banking is internal panel’s idea, not RBI view, says Governor

Diesel crosses ₹ 73-mark, petrol price nears ₹ 83 in Delhi

Prior to the November 20 hike, petrol price had been static since September 22 and diesel rate hadn’t changed since October 2.

RTGS to be made available 24X7 in next few days: RBI Governor

“Contactless card transactions and e-mandates on cards (and UPI) for recurring transactions have enhanced customer convenience in general.”

RBI holds rates, sees shallower GDP contraction at 7.5%

There is considerable optimism on successes in vaccine trials,” the MPC said in its statement

Data | India's GDP contracts for the second consecutive quarter

In the second quarter, India was among the most worse-off economies for which data were available

Economy firmly on the path of a V-shaped recovery, says Finance Ministry

Finance Ministry flags prospects of a second COVID-19 wave as ‘downside risk’

Conditions will improve for Indian corporates in 2021 as economic activity gathers pace: Moody’s

Overall recovery will remain fragile as new infections continue to grow — although at a slower rate — and therefore new lockdowns cannot be ruled out, which would hinder consumer demand and recovery, Moody’s noted.

Indian economy to see positive growth in fourth quarter of current fiscal: Niti Aayog VC

The second quarter GDP figure (contraction of 7.5%) reflects that the economy is coming out of this pandemic-induced degrowth phase, says Rajiv Kumar

I-T refunds worth ₹1.40 lakh cr issued to 59.68 lakh taxpayers in 8 months

This include personal income tax (PIT) refunds amounting to ₹38,105 crore and corporate tax refunds of over ₹1.02 lakh crore during this period.

States’ indebtedness may soar 36% to ₹68 lakh crore this year: Report

This will have their economic output shrinking by at least 2-4% this fiscal year, Crisil said in the report on Tuesday.

GST inflows top ₹1 lakh cr for second month in a row

The collection in November 2020 is 1.4 % higher than in November 2019 when the GST mop-up was ₹1,03,491 crore

Consumer spending to rebound in 2021: Fitch

Consumption is forecast to contract by 12.6% in 2020

S&P still sees GDP shrinking by 9% in FY21

S&P Global Ratings on Monday retained its forecast of 9% contraction in the Indian economy for the current fiscal, saying even though there were

‘Bank capital in India, Sri Lanka to fall more than in other EMs’

NPAs to rise most for India and Thailand, funds infusion is key: Moody’s report

Fed extends emergency lending programmes through March 31

The programmes include the Commercial Paper Funding Facility and the Primary Dealer Credit Facility.

India’s consumer spending to return to growth in 2021: Fitch Solutions

Consumer spending is forecast to have contracted by 12.6% in 2020.

Amit Shah hopes GDP will be positive in next quarter

Home Minister lauds Prime Minister Narendra Modi for a record FII inflow to India during the COVID-19 pandemic period.

Watch | What is a moratorium?

A video explainer on moratoriums which can be imposed on banks' operations by the government

Q2 manufacturing rebound puzzles economists

Conflicting signals from official sectoral IIP data that showed a contraction raise questions about accuracy of GVA estimate.

Unilateralism is hurting global economy, says Prabhu

Nations need to work together now.

Punjab accepts Centre’s borrowing option to meet GST shortfall

The Centre has already borrowed ₹ 24,000 crore on behalf of the states in four instalments and has passed it on to 23 States and three Union Territories on October 23, November 2, November 9 and November 23.

Petrol price crosses ₹82-mark, diesel above ₹72 a litre

This is the eighth increase in rates since Nov. 20 when oil companies resumed daily price revision after nearly two-week hiatus.

Fiscal deficit reaches 120% of annual target

Gap widens due to poor revenues

Indian economy contracts by 7.5% in Q2

Country enters technical recession.

₹4300 crore collected as compound interest during moratorium returned, SC notes

The payments were made in compliance of a government payback scheme introduced on October 23

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

The subsidy is paid in advance and consumers use this to buy LPG refills.

Proposal to allow business houses into banking a ‘good-looking’ step in ‘bad direction’: Kaushik Basu

The proposal might lead to crony capitalism and eventual financial instability, says the former chief economist of World Bank

Recovery’s momentum stronger-than-expected, says RBI chief Shaktikanta Das

Need to watch demand sustainability amid downside risks from COVID-19 surge, he says.

Pent-up demand spurring activity, may not sustain: ICRA

‘Oct. production spikes are exaggeration of true recovery’

Left slams RBI proposal to give banking licences to corporates

A retrograde move and it permits loot of people’s savings demolishing the system, they say

Non-performing loans in Indian banking sector to rise in next 12-18 months: S&P

According to S&P, the banking system’s credit costs will remain elevated at 2.2-2.9% this year and next.

Localised lockdowns to slow recovery: Nomura

‘Business resumption outlook worrying’.

India likely to record a current account surplus in 2020-21: CEA

India is likely to record a current account surplus in 2020-21, Chief Economic Advisor Krishnamurthy Subramanian said on Monday, terming it a sign of

Single window approval for FDI by March

“The momentum for reform shall continue. Several more active reform-related steps are being taken up,” says Nirmala Sitharaman

Government’s ‘unprecedented’ reforms to usher in a new era of growth, says Kant

“We are making States compete on ease of doing business parameters. We are ranking States and naming and shaming them,” the NITI Aayog CEO said.

India likely to have current account surplus this fiscal, says Chief Economic Adviser

This crisis is different from what the world witnessed during the taper tantrum, he said while addressing a virtual conference organised by industry body CII.

RBI becomes world’s first monetary authority with a million Twitter followers

“RBI Twitter account reaches 1 million followers today. A new milestone. Congratulations to all my colleagues in RBI,” Governor Shaktikanta Das tweeted.

The Hindu Explains | Why did India stay out of the RCEP deal?

What were its concerns and is there a possibility of rejoining the grouping later?

The Hindu Explains | What is a bank moratorium, and when does it come into play?

When does the Reserve Bank of India intervene, and what are some of the key steps it takes?

Petrol, diesel price hiked for second day in a row

The price of petrol in Delhi was hiked to ₹ 81.38 per litre.

‘Borrowers have started repaying, post moratorium’

Customers’ cash flows, a concern, says Chola’s Arulselvan

Petrol price up 17 paise, diesel 22 paise after two-month hiatus

This is the first revision in petrol prices since September 22.

Oxford Economics revises downwards its India growth forecast; pegs at average 4.5% for 2020-25

In a research note, it said India’s post-COVID-19 scars could be among the worst in the world.

First
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Next
Last

Ranjitsinh Disale reacts as he was announced the winner of The Global Teacher Prize 2020. Photo: Twitter/@TeacherPrize

41K | Maharashtra schoolteacher wins $1-million Global Teacher Prize for promoting girls’ education

35K | Indian-American Gitanjali Rao named first-ever TIME ‘Kid of the Year’

31K | 10 out of 13 honey brands fail ‘purity test’, finds CSE investigation

Telangana Rashtra Samiti working president and Municipal Administration Minister K.T. Rama Rao along with party leaders addressing media conference on Greater Hyderabad Municipal Corporation (GHMC) election, results in Hyderabad on Friday, 04/12/2020

29K | Hyderabad GHMC polls results live: TRS leads, BJP edges ahead of MIM

Taking a stand: Nihangs, armed Sikh warriors, lending support to farmers in New Delhi on Friday.

14K | Morning Digest: Farmer front calls for Bharat Bandh on December 8, TRS emerges single largest party in Hyderabad GHMC polls, and more

Members of the Bharatiya Kisan Union block a highway at the Ghazipur border in New Delhi on December 3, 2020 during their protest against the new farm laws.

11K | Dilli Chalo | Government offers eight amendments to agriculture reform laws, farmers want full repeal

11K | Kannada organisations adamant on Karnataka bandh on December 5

9K | Cartoonscape — December 4, 2020

Haryana Health Minister Anil Vij being administered the coronavirus vaccine Covaxin in Ambala on November 20, 2020.

9K | Coronavirus | Haryana Health Minister Anil Vij who took trial COVID-19 vaccine tests positive