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...

Moody’s Investors Service on Thursday cut its growth forecast for India for 2019-20 to 5.8 per cent from 6.2 per cent, saying the economy was experiencing a pronounced slowdown which was partly rela...

Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying the economy was experiencing a pronounced slowdown which is pa...

India’s economy is going to be stuck in the ICU for what could be a long time. The extent of the slowdown engulfing the economy can be gauged by the Reserve Bank of India slashing on Friday its year...

India could see a spurt in real economic activity from December this year as the effect of the corporate tax cuts and the policy rate reduction by the Reserve Bank of India (RBI) begin to play out, a ...

The country’s manufacturing sector activity declined to its 15-month low in August owing to slower increases in sales, output and employment, a monthly survey said on Monday.The dip in August follow...

Sentiments matter for economic growth. Optimistic or upbeat sentiments encourage consumers to buy and borrow; businesses, on the other hand, are spurred to plan and invest. But when in reverse gear, d...