India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but GDP in 2020-21 would ultimately contract as the coronavirus lockdown has led to serious demand and s...

Household savings are on the rise during the pandemic as discretionary spending wears out with a shift towards bank deposits, small savings and mutual funds, analysts said. This trend is already visi...

Industry body Ficci on Sunday said its Economic Outlook Survey has projected the country’s annual median GDP growth for 2020-21 at (-) 4.5 per cent. With the rapid spread of the Covid-19 pandem...

Fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, or 58.6 per cent of the budget estimates, mainly on account of poor tax collection during the lo...

 The extension of the lockdown by the government will have a deep impact on the economic activity, a foreign brokerage said, sharply cutting India's GDP forecast for this financial year to a cont...

A day after India reported its lowest economic growth in 40 quarters, a research report has questioned the overall data quality and volatility in the new series provided by the Central Statistics Offi...

The Centre will release the growth figures for the fourth quarter of 2019-20 on Friday that will give a partial indication of the impact of the nationwide lockdown on the economy as the shutdown start...

India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdown, a Reuters poll predicted.Asia’...

Singapore has downgraded its 2020 gross domestic product forecast for the third time on Tuesday, the trade ministry said, as the bellwether economy braces for its deepest ever recession. The city-stat...

India’s fourth recession since independence, the first since liberalisation and perhaps the worst to date, is here, Crisil said on Tuesday as it predicted the economy to shrink by 5 per cent in the ...