Economic Affairs
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Momentum in India's favour, need to prevail over Covid: Deloitte CEO on economic development
World | January 20, 2022 8:39 ISTStressing on the urgency of prevailing over the coronavirus, Deloitte CEO said the pandemic is an "overhang in terms of economic development".
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Jammu & Kashmir’s economy on brink of collapse: Omar Abdullah
India | June 08, 2021 6:41 ISTNational Conference (NC) vice president Omar Abdullah on Monday said the economy of Jammu and Kashmir is on the “brink of collapse” as every sector in the union territory has suffered losses in the last two years
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Telangana: Lockdown will lead to economy collapse, says CM Chandrasekhar Rao
India | May 07, 2021 7:55 ISTTelangana CM K. Chandrasekhar Rao on Thursday said lockdown would bring life to a standstill and would lead to total collapse of the economy.
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GDP still likely to grow in double digits during 2021: Moody's
Business | April 14, 2021 12:46 ISTGDP is still likely to grow in the double digits in 2021 given the low level of activity in 2020 according to Moody's Investors Service.
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Coronavirus Lockdown: List of industries DPIIT has recommended for allowing limited activity
India | April 14, 2020 10:19 ISTExporters' body FIEO on Monday urged the home ministry to implement suggestions made by the Department for Promotion of Industry and Internal Trade (DPIIT) to resume limited activity in certain identified industries with reasonable safeguards.
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IIP contracts again in Dec; retail inflation jumps to 68-month high of 7.59 pc in January
Business | February 13, 2020 13:08 ISTA day after Finance Minister Nirmala Sitharaman said economic growth was rebounding, government data on Wednesday showed that industrial output contracted by 0.3 per cent in December while retail inflation jumped to a 68-month high of 7.59 per cent in January on high food prices.
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PM, FM should 'steal' ideas from Cong LS poll manifesto: Rahul
India | October 18, 2019 15:34 ISTCongress leader Rahul Gandhi alleged on Friday that the government is "clueless" about the economy and said Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman should "steal" ideas from his party's Lok Sabha poll manifesto to tackle the "mess".
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DIPAM tells Niti follow due process for suggesting CPSE assets for monetisation
Business | June 16, 2019 12:30 ISTThe DIPAM has raised objections to the list prepared by Niti Aayog for monetising assets of CPSEs
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United Nation lowers India's growth rate by 0.6 per cent but at 7 per cent it hangs on to the top-spot
Business | May 22, 2019 9:28 ISTThe IMF cut India's growth projections for this year by 0.2 per cent from the 7.5 per cent made in January to 7.3 per cent. It projected next year's growth at 7.5 per cent, though lower than the earlier 7.7 projection. The Asian Development Bank said India's growth rate would be 7.2 per cent this year and 7.3 per cent next year.
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Challenges ahead of 'new' Indian government as country faces crucial foreign policy decisions: US experts
World | May 21, 2019 9:26 ISTWhoever comes to power will face a multitude of foreign policy challenges that are only growing in number and complexity, noted Anish Goel, a senior fellow at the New America think-tank.
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Government confident of meeting fiscal deficit target, says Economic Affairs Secretary
Business | February 04, 2018 13:13 ISTCalling this year's upward revision of fiscal deficit target to 3.5 per cent from 3.2 per cent a "one-off aberration", Subhash Chandra Garg said the economy is well on its path of fiscal consolidation despite a "small pause of a year"
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Shaktikanta Das retires as Economic Affairs Secretary, Tapan Ray to succeed
May 31, 2017 22:17 ISTAfter being associated with the Government of India for almost 37 years, Economic Affairs Secretary Shaktikanta Das on Wednesday announced his retirement as the Corporate Affairs Secretary
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Aggregate debt of top corporates well within norms: SBI
May 09, 2016 19:06 ISTMumbai: Amid a continuing debate on soaring bad loans of corporates, an SBI study on Monday sought to downplay the concerns over high debt levels of large business houses, including Adani Group, saying their aggregate
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Government panels clear infra projects worth Rs.9,672 crore
February 04, 2016 7:38 ISTNew Delhi: Concerned government committees have approved seven infrastructure projects in road and port sectors envisaging an investment of Rs.9,672 crore, an official statement said on Wednesday."The Public Private Project Appraisal Committee (PPPAC) and the
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Industry output shows recovery signs, price situation worsens
November 12, 2013 20:44 ISTNew Delhi: Showing some signs of an upturn, industrial output rose 2 per cent in September, while prices remained a cause of concern with retail inflation breaching the double-digit mark after a gap of seven
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Sensex sheds nearly 1,000 pts since Diwali, Rupee also slips
November 12, 2013 19:30 ISTMumbai: Indian markets are fast losing their fizz with the benchmark Sensex down almost 1,000 points since a cracker of a Diwali and the rupee heading towards the 64-mark against the dollar, a level not
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Govt may consider Sebi-like regulations for commodities market
September 19, 2013 20:07 ISTNEW DELHI: As a multi-agency probe continues into the Rs 5,600-crore payment crisis at National Spot Exchange Ltd (NSEL), the government may consider streamlining the norms for commodities and capital markets, regulated by FMC and
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FinMin says it's business as usual after US Fed decision
September 19, 2013 17:55 ISTNew Delhi: A day after the US Fed decided to maintain status quo on its stimulus programme, the Finance Ministry said it is business as usual for India and asserted that the government would continue
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