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  India's economy on path of gradual recovery: IMF

  Business | March 26, 2021 12:10 IST

  The International Monetary Fund has said that India's economy is on the path of gradual recovery.  

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  Good News! India exits recession with 0.4% GDP growth in FY21 Q3

  Business | February 27, 2021 0:14 IST

  The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a year-on-year basis contracted by 7.3 per cent from (-)24.4 per cent in the preceding quarter.

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  Union Budget 2021: Great expectations of common man

  Business | January 28, 2021 13:29 IST

  After the economic downturn due to COVID-19, Finance Minister- Nirmala Sitharaman has raised many hopes for everyone before presenting the 2021 Budget, on February 1.

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  IMF projects impressive 11.5% growth rate for India in 2021

  India | January 26, 2021 19:31 IST

  The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic. 

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  Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN

  Business | January 26, 2021 11:19 IST

  India's economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic consumption, the UN has said. 

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  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.

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  Covid Impact! Economy likely to contract 7.7% in 2020-21, Govt data shows

  Business | January 07, 2021 18:40 IST

  Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the Provisional Estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore.

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  Indian economy expected to contract by 9 .6% in 2020-21: World Bank

  Business | January 05, 2021 21:45 IST

  India’s economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday.

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  India to become 5th largest economy in 2025, 3rd largest by 2030

  Business | December 26, 2020 12:52 IST

  India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. 

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  Indian economy reviving at unforeseen pace: RBI

  Business | December 24, 2020 13:22 IST

  The monthly bulletin of the central bank for December said the more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.

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  Atmanirbhar Bharat: How the pandemic has shown local manufacturing is need of the hour

  Business | December 22, 2020 17:52 IST

  PM Narendra Modi's call for Atmanirbhar Bharat during the pandemic has encouraged local companies to boost manufacturing and people are now searching for more India-made products. This emotional call has shed light on the importance of using homemade products in boosting the economy and simultaneously transforming the local businesses.

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  India to witness double-digit growth in 2021-22: Report

  Business | December 21, 2020 20:12 IST

  The economy contracted by a historic 23.9 per cent in the first quarter of 2020-21 on account of the impact of the coronavirus pandemic.

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  Our investment plans in India on track, Indian economy has strength to bounce back: Saudi Arabia

  Business | December 21, 2020 9:23 IST

  Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.

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  No amount of govt intervention adequate for pandemic-hit economy: FM Sitharaman

  Business | December 17, 2020 20:18 IST

  Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.

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  India's economy recovering faster than expected, growth to rebound to 10% in FY 2021-22

  Business | December 15, 2020 17:53 IST

  A faster recovery keeps more of the economy's supply side intact and can set India up for more prolonged above-average growth during the recovery phase, S&P Global Ratings said in a statement.

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  India will grow to be among top 3 economies in two decades: Mukesh Ambani

  Business | December 15, 2020 15:03 IST

  Richest Indian Mukesh Ambani on Tuesday said India will grow to be among the top three economies in the world in the next two decades and per capita income would more than double.  

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  Conditions to improve for Indian corporates in 2021: Moody's

  Business | December 02, 2020 12:04 IST

  In its 2021 outlook for rated Indian non-financial corporates, Moody's cited earnings growth on the back of widespread demand revival across sectors as the reason for giving a 'stable outlook' for Indian corporates in 2021.

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  India's second-quarter GDP data to be released today

  Business | November 27, 2020 11:29 IST

  The second-quarter gross domestic product (GDP) data on India will be released today with the industry expecting positive news. The data will be released by the National Statistical Office.

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  Pandemic-driven reform agenda can raise India's medium-term growth, says Fitch

  Business | November 20, 2020 13:30 IST

  Fitch Ratings on Friday said the revival of the government's reform agenda in response to the coronavirus pandemic shock has the potential to raise India's medium-term growth rate.

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  Indian economy may be recovering faster than anticipated: Oxford Economics

  Business | November 15, 2020 11:48 IST

  The Indian economy is seen recovering faster than expected and the Reserve Bank is likely to have come to an end of the rate easing cycle, according to global forecasting firm Oxford Economics.