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Business  /  Published 14.10.20

Indian economy: IMF projects 10.3% contraction

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By PTI in Washington

Business  /  Published 01.10.20

Current account surplus leaps to $19.8 billion

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 ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.09.20

Ministry to suspend spending forecasts

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...
By Our Special Correspondent in New Delhi

Business  /  Published 10.09.20

Stimulus demand from industry

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 ...
By Our Special Correspondent in New Delhi

Business  /  Published 09.09.20

Indian economy grim outlook

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...
By Our Bureau in New Delhi

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Business  /  Published 04.09.20

Finance panel meet today

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 ...
By Our Special Correspondent in New Delhi

Business  /  Published 28.07.20

Recovery likely to be V-shaped

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...
By Our Special Correspondent in New Delhi

Business  /  Published 27.07.20

Savings: move to bank deposits

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...
By Our Special Correspondent in Mumbai

Business  /  Published 13.07.20

Ficci sees GDP contraction

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...
By PTI in New Delhi

Business  /  Published 01.07.20

Fiscal deficit widens to Rs 4.66 lakh crore

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...
By Our Bureau in New Delhi


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