The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the co...
The Reserve Bank of India has estimated India’s gross domestic product growth to be a negative 7.5 per cent. The National Statistical Office estimates it to be at a negative 7.7 per cent. Despit...
Deepak Shaw, usher at a cinema hall
July 2020: Shaw was then getting half his salary and had to depend on help from several NGOs to run his family.
January 2021: His situation has worsened, Shaw sai...
The stock markets have turned excessively volatile in the past few days. The sensex crossed a 50,000 point threshold last Thursday before tumbling by over 1,800 points in two subsequent trading sessio...
The Reserve Bank of India has said the revival in the economy will exceed most forecasts which will drive the economy towards a “glorious summer” while throwing open the space for a greate...
The year 2021 brings positivity and optimism. There is a lot to look forward to even though the battle against the virus is not yet over. Countries are still challenged by recurrent infections. But ef...
Analysts want the government to give a realistic fiscal deficit target for 2021-22 as the coronavirus has dealt a severe blow to its finances this year.
The pandemic has caused the fiscal defic...
Arvind Subramanian did flag grave concerns on the economy. So did Kaushik Basu and several others.
The dire remarks fell on deaf ears in the Narendra Modi government. Understandably, because Subraman...
American brokerage BofA Securities on Friday said the Indian economy continues to be “weak”, pointing to activity indicators tracked by it.
On the positive side, the brokerage said credit...
The Reserve Bank of India has raised a red flag for the banking industry with an early warning that the stack of bad loans could rise to alarming levels once it starts to roll back the post-pandemic r...