Page 22 - India Economy

Bengaluru's tent house owners, wedding organisers bearing brunt of lockdown

The event managers and organisers are incurring huge losses as most of the wedding events were scheduled to be organised during the summer season

Letter to BS: Any delay in unshackling the economy could be harmful

The situation demands side-pocketing of the provisions of the Fiscal Responsibility and Budget Management Act, urgent clearance of goods and services tax dues to the states

Covid-19 fallout: UBS pegs FY21 India growth at -0.4%, a four decade low

The worst-case scenario, assumes that coronavirus (Covid-19) will continue to spread, possibly in waves, all the way through to mid-2021

China slams India's move to scrutinise FDI, calls it discriminatory

New Delhi effectively closed on Saturday the "automatic route" of investing for Chinese firms and individuals.

India's exports fall almost 35% in March, drop 4.78% in FY20

Trade deficit narrowed to $9.76 billion in march this year from $11 billion in the same month last year.

India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF

The country will still be the fastest growing large economy this financial year, but it will lose that tag next year to China, says the agency.

The long shadow of FY20 on Centre's finances can not be missed by anybody

There may be no official word yet on how the Centre's tax revenue assumptions for the current year have gone awry

India macroeconomic outlook set to worsen if lockdowns continue: Jean Dreze

According to Fitch Ratings, India may post in 2020-21 a GDP growth of 2%, the slowest since the economy was liberalised 30 years back.

Deja vu: a series of economic shocks that's similar to the 1960s

Handing over control to bureaucrats in the 1960s strangled the Indian economy. The error must not be repeated, writes TCA Srinivasa-Raghavan.

Global spread of coronavirus to affect economic growth significantly

There is a higher than usual degree of uncertainty around the forecasts, admits Moody's Investor Services

Investors should stay away from firms in sectors impacted by coronavirus

For an investor through the systematic investment plan route, timing does not matter so much

3 reasons why the fall in crude oil prices may not be good news for India

The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies

Govt performance shows strong leadership no guarantee for good economics

The data and the feel after six years under PM Modi prove a strong leader doesn't necessarily give us decisive economic leadership unmindful of immediate political risks

Consumption growth print for Q3FY20 GDP not in sync with quarterly earnings

With limited monetary policy space, India-Ratings and Research believes the Reserve Bank of India will continue to focus on monetary transmission through long-term repo operation/operation twist

Steadiness in economy is good sign: Sitharaman as GDP growth stands at 4.7%

GDP growth was registered at 5.6 per cent in the corresponding quarter of 2018-19, as per data released by the NSO

Slowdown has bottomed out; economy must be opened up for growth: Panagariya

He noted that since about 2003, India has been growing at an average rate of about 7% and the first five years of the Modi government was characterised by 7.5% growth on an average

Govt 'closely monitoring' impact of coronavirus on economy: Sitharaman

In the wake of the virus outbreak, many airlines, including Indian carriers, have cancelled some overseas flights

Happy birthday, inflation targeting

The Ministry of Finance and the Reserve Bank of India signed a Monetary Policy Framework Agreement on February 20, 2015

The math of index inclusion

The math of index inclusion flows depends mainly on the global fixed income benchmarks that could consider India eligible for inclusion; and, the scale/mode of issuance of the new "special securities"

India and Europe next on Trump's to-do list after China trade deal

US President Donald Trump is expected to visit India in February, raising hopes that he will give New Delhi some leeway on trade.