economy News

China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows

Analysts had expected China to announce more policy easing measures soon as the world's second-largest economy comes under growing pressure from escalating U.S. tariffs and sluggish domestic demand.

Govt could use RBI excess funds for big capital push in time of slowdown: Top official

Surplus funds received from RBI will not be used on the revenue account but rather to push up capital investment in the economy, the official indicated.


Explained: In economic slowdown, a back story of falling investor confidence

Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed.

High growth rate possible with growth in manufacturing: Economist Rakesh Mohan

Highlighting the issue of stagnation in the manufacturing industry with zero growth seen in exports, he said, “All countries that sustained high growth rates did so on the back of manufacturing."

'India's economy is in deep mess': Rahul Gandhi after Niti Aayog chief calls for unprecedented steps

Gandhi's comments came after Niti Aayog Vice-Chairman Rajiv Kumar acknowledged that the government is faced with an “unprecedented issue” and that it needs to take steps that are “out of the ordinary”.

Economy seems to be the last of the concerns of the government after operation J&K

The economy is one area where muscular nationalism will not work. On the contrary, it may work to the detriment of the economy.


There is a fundamental problem of demand today. At the core of it is incomes that aren’t rising enough

The certainty that producers once enjoyed — of finding buyers for their wares without doing much beyond minor price adjustments to bring supply and demand into equilibrium — has ceased to exist.

Maharashtra: Owned households in state declining but access to sanitation improving

The decline in owned houses is being blamed on the splitting up of the joint family system and the increasing trend of nuclear families.

RBI rate cut to boost growth, make loan affordable: Piyush Goyal

The Reserve Bank of India (RBI) has reduced repo rate (at which RBI lends to banks) by 0.25 per cent to 6.25 per cent, a move that will translate into softening interest rates.

Companies can't hide as startups obtain insights on them with spy satellites

High-altitude surveillance was once the domain of global superpowers. Now, a growing number of startups are turning it into a business, aiming to sell insights gleaned from small and inexpensive “cube satellites.”

economy Videos

Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi

Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.

Bank officials under CBI probe has risen 5 times in the last 4 months: News in Numbers

The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more:


Post-demonetisation, GDP figures dip to 6.1 pc

Post-demonetisation, the GDP data has showed growth of India’s economy declined to 6.1 per cent in the January-March quarter. With a gross domestic product growth of 6.1 per cent in the fourth quarter, India has lost the tag of the world’s fastest growing major economy to China . For the full 2016-17 fiscal, GDP growth […]

US Fed Leaves Rates Unchanged: Analysing The Decision & Its Impact On India

The U.S. Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. In what amounted to a tactical retreat, the U.S. central bank said an array of global risks and other factors had convinced […]