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Indian economy

We have to take care of businesses built by sweat and toil of Indians: FM Nirmala Sitharaman

Speaking on the show ‘Straight Talk’, Nirmala Sitharaman said that in India every issue or every policy decision has its own complexity when in comparison to any other country. India because of its diversity, because of the uneven spread of wealth and because of the levels of literacy, every policy becomes all the more complex when you try to implement it here

May 30, 2020, 07:21 AM IST

FY21 fiscal deficit likely at 5.8%, growth to slip to 0.5% says report

In a report, analysts at Bank of America also revised down their GDP growth estimate to 0.5 percent for the current fiscal year, as against the earlier estimate of 1.5 percent adding that they fear that the lockdown my extend beyond May.

May 11, 2020, 17:52 PM IST

Economy requires Rs 4.5 lakh crore fiscal support at current juncture: Ficci to FM

In a letter to Finance Minister Nirmala Sitharaman, Ficci President Sangita Reddy also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.

May 11, 2020, 17:49 PM IST

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PM Modi meeting with chief ministers on COVID-19 situation in the country underway

Prime Minister Narendra Modi's discussion with chief ministers of states and union territories has begun and is expected to revolve around steps for improving the battered economy and scaling up all efforts to bring more 'red' zones with high Covid-19 case load into 'orange' or 'green' zones. Watch report.

May 11, 2020, 16:52 PM IST

India's manufacturing sector activity hits record low in April amid lockdown: PMI

The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell to 27.4 in April, from 51.8 in March, reflecting the sharpest deterioration in business conditions across the sector since data collection began over 15 years ago.

May 04, 2020, 11:27 AM IST

Unprecedented collapse in economic activity due to coronavirus COVID-19 crisis over last few weeks: FICCI survey

Almost 72% of the respondents to the ‘FICCI–Dhruva survey’ have reported that COVID-19 is having a ‘high to very high’ level of impact on their business

Apr 21, 2020, 14:25 PM IST

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PM Modi praises RBI, says decision will provide relief

PM Modi praises RBI, says decision will provide relief to farmers, poor and small businessmen

Apr 17, 2020, 14:40 PM IST

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India stands tall despite corona pandemic, says RBI Governor

Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.

Apr 17, 2020, 12:04 PM IST

Moody's lowers India's GDP growth forecast to 5.3% in 2020 on coronavirus outbreak

The 5.3 per cent real GDP growth forecast for 2020 compares to 5.3 per cent growth estimate for 2019 and 7.4 per cent achieved in 2018.

Mar 17, 2020, 16:01 PM IST

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Market close for an hour due to worst fall in nifty and sensex

गुरुवार को Share market में ऐतिहासिक गिरावट के बाद आज का दिन भी बाजार के लिए Black Friday बन गया। Nify-Sensex में भारी गिरावट के बाद बाजार एक घंटे के लिए पूरा बंद हो गया। Share Bazaar में lower circuit लगा दिया गया है।

Mar 13, 2020, 10:06 AM IST

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Bad impact of Coronavirus on Indian Economy

The second biggest crash happened in Share market yesterday due to coronavirus. Market Experts predicts Indian economy is going down. Tourism, GDP, air travel, business, hotel industry everything is in turmoil condition.

Mar 13, 2020, 09:00 AM IST

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Coronavirus impact on Global Economy, Electronic-Medicines costlier soon

China's Coronavirus is slowly spreading to the rest of the world. Report says, Global economy is going get effected if China will face the same trauma. Electronic items like TV, Fridge and many more things will become costlier soon in Indian Market also. Watch this full story on impact of corona on economy.

Mar 05, 2020, 09:48 AM IST

India becomes 5th largest economy, overtakes UK, France: Report

India's real GDP growth, however, it said is expected to weaken for the third straight year from 7.5 per cent to 5 per cent.

Feb 18, 2020, 10:17 AM IST

Wholesale inflation up at 3.1 per cent in Jan on high prices of manufactured goods

Wholesale prices based inflation was recorded at 2.76 per cent in January 2019, according to the Ministry of Commerce and Industry.

Feb 14, 2020, 13:55 PM IST

We are moving from Process Centric Tax System to Citizen Centric Tax System: PM Modi

Urging people to take a pledge and pay taxes, he said that making the Indian economy worth USD five trillion is not easy, but still is achievable.

Feb 12, 2020, 23:34 PM IST

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DNA: Will this Budget be 'enough' to give a boost to become '5 Trillion Economy'?

Union Finance Minister Nirmala Sitharaman on Saturday presented her second Union Budget that focussed towards boosting India's economic growth and maintaining the fiscal disciple. Sitharaman, 60, broke her record of a 2-hour-17- minute-long maiden Budget speech in July 2019. But will it be enough for giving a boost to the Indian economy?

Feb 01, 2020, 23:16 PM IST

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Watch: What PM Narendra Modi said after budget?

Hailing the Union Budget 2020 presented by Union Finance Minister Nirmala Sitharaman in Parliament on Saturday (February 1), Prime Minister Narendra Modi said that the government has announced several measures to give a big boost to the economy. ''I congratulate Finance Minister Nirmala Sitharaman and her team for presenting the first Budget of the decade that has vision as well as action. New reforms announced in Budget will give a push to the economy. Govt has also announced many measures in Budget to push employment in the country," the Prime Minister said.

Feb 01, 2020, 23:00 PM IST