Finance minister Nirmala Sitharaman spoke of the possibility of another round of stimulus and said the Centre would come out with fresh growth and budgetary estimates for the pandemic-ravaged fiscal. ...

As most of the world still struggles with the coronavirus pandemic, China is showing once again that a fast economic rebound is possible when the virus is brought firmly under control. The Chinese ec...

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India’s current account surplus (CAS) rose to a record $19.8 billion, or 3.9 per cent of  GDP, in the April-June quarter as a contracting economy led to a steep decline in imports compared ...

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring co-operative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The bill repl...

India’s travel and tourism industry and the entire value chain is likely to lose around Rs 5 lakh crore, or $65.57 billion, because of the Covid-19 pandemic. Hotel occupancy is likely to be at ...

A bunch of forecasts released on Tuesday indicate the pandemic will create a greater havoc on the Indian economy than feared initially. All the three numbers from Fitch Ratings, India Ratings and Res...

The 15th Finance Commission will hold a meeting with its economic advisory panel on Friday to discuss the issues of GDP growth, GST compensation and fiscal consolidation. Chairman N.K. Singh and the ...

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...