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  • Microsoft CEO Satya Nadella meets PM Modi in New Delhi

    Microsoft CEO Satya Nadella meets PM Modi, lauds India's digital transformation & economic growth

    Business | January 05, 2023 19:19 IST

    Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella is on an India trip and his trip includes Mumbai, New Delhi and Bengaluru.

  • Growth in power consumption

    India's electricity consumption grows 14 pc in November; experts say it indicates sustained recovery

    Business | December 01, 2022 17:10 IST

    An increase in power consumption means economic activities stepped up which is a news for India.

  • India had grown at 8.7 percent in 2021-22 fiscal (April

    IMF cuts India's economic growth forecast to 6.8% for 2022-23

    Business | October 11, 2022 23:55 IST

    Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.

  • The finance secretary said GST collection for August is

    Indian economy to grow over 7 pc in FY23, says finance secretary

    Business | August 31, 2022 21:11 IST

    Indian economy growth: Allaying concerns of high imports denting the fiscal architecture, he said the government was on course to meet fiscal deficit target of 6.4 per cent of GDP in current fiscal ending March 31, 2023.

  • Pakistan PM Shehbaz Sharif lays stress on political stability for economic growth, latest internatio

    Pakistan PM Shehbaz Sharif lays stress on 'political stability' for economic growth

    World | June 08, 2022 14:31 IST

    Shehbaz Sharif highlighted the difference between economic development in the initial 25 years of Pakistan's creation 75 years back and said that the economic development after that has a "stark" difference.

  • bank

    Bank credit likely to grow at 4-year high of 11-12% in FY23: Report

    Business | April 29, 2022 18:24 IST

    The report said bank advances to micro, small and medium enterprises (MSMEs) could grow 12-14 per cent this fiscal, riding on the multiplier effect from some pick-up in capex.

  • Budget 2022: Big private investment in infra would be

    Budget 2022: Big private investment in infra would be guided by Gati Shakti, says Sitharaman

    Business | February 01, 2022 11:49 IST

    National Asset Reconstruction Co Ltd (NARCL) has commenced its activity, Sitharaman added.

  • rbi omicron threat

    Economy regaining strength but Omicron haunts future, says RBI

    Business | December 29, 2021 18:44 IST

    Quoting the stress tests on banks, the governor has also warned that gross NPAs may jump to 8.1-9.5 per cent by September 2022 from 6.9 per cent in September 2021.

  • Union Minister Ravi Shankar Prasad

    Union budget focuses on spending to boost economic growth, strengthen health sector: Prasad

    India | February 07, 2021 7:08 IST

    Union Minister Ravi Shankar Prasad on Saturday said the central budget for 2021-22 fiscal has focused on spending to build infrastructure and boost the economic growth of the country.

  • Economic Survey pegs India's FY22 economic growth at 11%

    Economic Survey pegs India's FY22 economic growth at 11%

    Business | January 29, 2021 15:02 IST

    The contraction in FY21 is mainly due to coronavirus (Covid-19) pandemic and the visible damage caused by the subsequent countrywide lockdown to contain it.

  • India within striking distance of attaining positive growth: RBI

    India within striking distance of attaining positive growth: RBI

    Business | January 22, 2021 12:39 IST

    India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for the vaccine.

  • India may lose $438 bn in output over next 2 years: SBI Ecowrap

    India may lose $438 bn in output over next 2 years: SBI Ecowrap

    Business | June 26, 2020 8:00 IST

    The report's estimates are based on the International Monetary Fund's projections of a deeper recession in 2020 and a slower recovery in 2021.

  • Digital transformation, TCPL, TATA consumer products

    Digital transformation to be a key driver for growth due to shift in consumer behaviour

    Business | June 13, 2020 16:36 IST

    Tata Consumer Products Limited (TCPL) sees 'digital transformation as a key driver' for growth of the company and it is strengthening capability in this area, according to the company's annual report. The Tata Group firm expects a long term shift in consumer behaviour due to the coronavirus pandemic, while in short term an increase at-home consumption with a reduction in orders for take-out or deliveries is expected.

  • ASIA, economy, coronavirus, covid19

    Asia to see zero per cent growth in 2020 due to coronavirus outbreak, says IMF

    Business | April 16, 2020 12:15 IST

    Hit hard by coronavirus outbreak, Asia is expected to witness zero per cent growth in 2020, its worst growth performance in almost 60 years, but still the world's largest and most populous continent is likely to fare better than other regions in terms of activity, IMF said.

  • India needs to spend USD 1.4 trillion on infrastructure during FY 2020-2025: Economic Survey

    India needs to spend USD 1.4 trillion on infrastructure during FY 2020-2025: Economic Survey

    Business | January 31, 2020 14:55 IST

    Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Economic Survey 2019-20, tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman.

  • P Chidambaram, Congress, IMF, Economic growth, Growth forecast

    Prepare for attack by govt on IMF, Gita Gopinath: P Chidambaram on growth forecast

    India | January 21, 2020 12:26 IST

    Senior Congress leader P Chidambaram said he won't be surprised if GDP growth goes even lower after IMF lowered India's economic growth estimate for the current fiscal to 4.8 percent.

  • Financial system remains stable despite weakening domestic

    Financial system remains stable despite weakening domestic growth: RBI

    Business | December 27, 2019 19:08 IST

    ​The Reserve Bank on Friday said the country's financial system remains despite slowing economic growth. The country's GDP slowed to a six-year low of 4.5 per cent in the second quarter of FY20, forcing the RBI to slash its growth forecast by 240 basis points to 5 per cent for the fiscal in its December monetary policy review.

  • Government focusing on increasing consumption to boost economic growth: CEA

    Government focusing on increasing consumption to boost economic growth: CEA

    Business | December 13, 2019 16:32 IST

    Chief Economic Advisor Krishnamurthy Subramanian on Friday said the government is focusing on increasing consumption to boost economic growth. 

  • India's economic growth slows to 4.5% in July-September

    India's economic growth slows to 4.5% in July-September

    Business | November 29, 2019 18:55 IST

    India's economic growth has slowed to 4.5 per cent in July-September from 7 per cent a year ago, government data said on Friday.

  • Challenges ahead for most Indian non-financial companies in

    Challenges ahead for most Indian non-financial companies in 2020: Moody's

    Business | November 28, 2019 11:54 IST

    "Rated companies’ credit profiles are unlikely to improve significantly over 2020-2021 due to elevated debt levels, weakening profitability and the continued economic slowdown, which is pressuring both investment and consumption," Kaustubh Chaubal, a Moody’s Vice President and Senior Credit Officer said.

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