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ECONOMY
India’s GDP contracts 7.5% in Q2FY21, enters technical recession
Nov 28, 2020

With pick-up in manufacturing, India's economy recovered faster than expected in the September quarter (Q2) of fiscal year 2020-21

ECONOMY
GST collections likely to be 10-month high in November: SBI Ecowrap
Nov 27, 2020

Amid improved economic activities, the SBI Ecowrap in its latest report has showed that the Goods and Services Tax (GST) collections

ECONOMY
India to play lead role in rebuilding economy in post-COVID era: Jitendra Singh
Nov 27, 2020

Union Minister Jitendra Singh has said that India will play a lead role in rebuilding economy in the post-COVID era and the way the

ECONOMY
India to achieve target of reducing 35% emissions intensity of GDP well before 2030: Prakash Javadekar
Nov 27, 2020

Union Environment Minister Prakash Javadekar has said India will achieve its target of reducing 35 per cent emissions intensity of

ECONOMY
Govt extends ECLGS to stressed sectors
Nov 27, 2020

The government said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors id

ECONOMY
India can create $1 trillion of economic value using digital technology by 2025: Kant
Nov 27, 2020

Niti Aayog CEO Amitabh Kant has said that digital infrastructure has become indispensable to the functioning of society and India c

ECONOMY
Indian economy has exhibited stronger than expected pick-up in momentum of recovery: Das
Nov 26, 2020

Pointing downside risks to growth across the world and also in India, Reserve Bank of India (RBI) Governor Shaktikanta Das has said t

ECONOMY
India's IT and business services market likely to reach $13 billion by December 2020: IDC
Nov 26, 2020

Research firm International Data Corporation (IDC) has said that India's IT and business services market is expected to grow 5.4 pe

ECONOMY
Finance Ministry asks ministries to limit spending as per revised targets amid Covid-19 crisis
Nov 26, 2020

Amid moderating revenues due to the COVID-19 crisis, the Finance Ministry has asked ministries and departments to restrict their ex

ECONOMY
Cabinet approves govt’s capital infusion of Rs 6,000 crore in NIIF over two years
Nov 26, 2020

The Union Cabinet has approved the government’s capital infusion of Rs 6,000 crore in the National Investment and Infrastructure Fu

ECONOMY
Bank credit growth decelerates to 5.8% in Q2FY21: RBI data
Nov 26, 2020

The 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs), September 2020' - released by the Reserve Ba

ECONOMY
Commerce & Industry Minister calls upon Indian industry to focus on improving quality, productivity
Nov 25, 2020

Calling upon the Indian industry to focus on improving Quality and Productivity, Union Commerce and Industry Minister Piyush Goyal ha

ECONOMY
NPLs in Indian banking sector likely to shoot 10-11% of gross loans in next 12-18 months: S&P
Nov 25, 2020

S&P Global Ratings in its latest report has said that non-performing loans (NPLs) in the Indian banking sector are likely to sh

ECONOMY
Ind-Ra expects India's two-wheeler exports to see sustained growth in H2FY22
Nov 25, 2020

The ratings agency -- India Ratings and Research (Ind-Ra) in its latest report has stated that India's two-wheeler exports will see

ECONOMY
Pent-up demand behind improved economic activity, likely to not sustain: Icra
Nov 25, 2020

Domestic ratings agency Icra has said the pick up in economic activity in October is the result of pent-up demand and may not susta

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