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Indian Economy
Business  /  Published 16.01.21

Indian economy continues to be ‘weak’: American brokerage

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...
By PTI in Mumbai

Opinion  /  Published 14.01.21

Stress rises: RBI red flag on bad loans

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...
By The Editorial Board in

Business  /  Published 13.01.21

Short-term bond yields jump

The sudden announcement by the Reserve Bank of India of a variable rate, term reverse repo auction to restore normal liquidity management operations has taken markets by surprise even as it has led to...
By Our Special Correspondent in Mumbai

Business  /  Published 13.01.21

IIP contracts 1.9 per cent

India’s industrial production entered the negative zone after two months with a year-on-year contraction of 1.9 per cent in November because of poor showing by the manufacturing and mining secto...
By Our Special Correspondent in New Delhi

Business  /  Published 13.01.21

Standard deduction hike on agenda

The government is considering a number of relief options to the salaried class in the budget, including raising the standard deduction by Rs 10,000-20,000 from the current level of Rs 50,000 and offer...
By R. Suryamurthy in New Delhi

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Business  /  Published 13.01.21

Retail inflation dips to 14-month low

  Retail inflation tumbled to a 14 month low of 4.59 per cent amid a dramatic fall in vegetable prices and contraction in overall food prices. Analysts in a Reuters poll had predicted inflation ...
By Our Special Correspondent in New Delhi

Opinion  /  Published 12.01.21

Gloomy weather: GDP growth rate grim

The current forecasts for the growth rates of gross domestic product are, expectedly, quite grim. The real GDP, that is national income corrected for price changes, is estimated to contract by 7.7 per...
By The Editorial Board in

Business  /  Published 08.01.21

Economy double trouble forecast

The lower nominal GDP figure will mean that the fiscal deficit in 2020-21 -- which was projected at 3.5 per cent in last year’s budget -- will shoot to well over 7 per cent, according to some es...
By R. Suryamurthy in New Delhi

Business  /  Published 08.01.21

Economy forecast to shrink 7.7%

The economy is officially expected to contract 7.7 per cent in the current fiscal — the worst performance since Independence — paving the way for a range of measures to boost growth in the...
By Our Special Correspondent in New Delhi

Opinion  /  Published 06.01.21

Shrinking size: core economic sector

The core sector of the Indian economy comprising eight infrastructure industries has been contracting continuously since March 2020. Undoubtedly, the disruptions due to the pandemic have taken their t...
By The Editorial Board in


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