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Thursday, August 13, 2020

India economy

INDIA ECONOMY NEWS

Early signs of India's economic recovery wane as virus surges

August 11, 2020 6:22 pm

The drop in activity may be directly linked to India’s efforts to fight the virus outbreak. The nation, which is adding more than 50,000 cases daily, is seeing some of its most-industrialized states reimposing lockdowns to stop the spread of Covid-19.

DGFT in ‘overhaul’ mode to address trade issues

August 06, 2020 1:07 am

The body is working in consultation with the industry to augment domestic manufacturing and boost exports in several electronics and hardware items, especially those in the healthcare and pharmaceutical sector.

PM Modi has chosen to work in a cocoon since he first took the job six years ago

July 26, 2020 8:48 am

The PM has a second chance to fulfil the promise to move India from the limited goal of poverty alleviation, to a grander goal of real prosperity.

The spider’s web

July 26, 2020 8:50 am

Mr Pilot is not cut from the same cloth as the BJP is, or so we believed. He should have channelled all his energies to help the people fight the pandemic as well as get the state’s economy back on its feet.

Amid the uncertainty, this year will see a sobering expansion in fiscal deficit

July 21, 2020 8:50 am

However, amidst all these concerns, yields on government security appear remarkably sanguine, as if they are patiently waiting for the central bank to absorb the extra sovereign borrowings in the primary or secondary market.

Anurag Thakur: Economy remains resilient even in these testing times

July 11, 2020 1:21 am

Addressing CII members through a webinar, Anurag Thakur said the government is focussed on reviving growth and asked industrialists to provide specific details on their suggestions of creating export hubs for automotive industry.

Unlockdown helps economic activities pick up, but factory output still in the negative

July 11, 2020 12:55 am

Easing of lockdown conditions in May was reflected in a pick-up in manufacturing, capital goods, consumer durables and consumer non-durables output.

‘Room for further cut in interest rates and limited, but well thought out, monetisation of the deficit’

July 04, 2020 12:26 am

C J George, founder and MD of Geojit Financial Services, told The Indian Express that markets have faith that COVID-19 will pass and then liquidity will push stock prices up.

Do you see green shoots?

June 28, 2020 11:53 am

If the Finance Ministry is so sanguine, why does it not predict positive GDP growth in 2020-21? The MoF dare not!

Economy in ‘deep trouble’, to contract 5% this fiscal before rebounding in 2021: S&P

June 27, 2020 12:51 am

“...Difficulties in containing the virus, an anemic policy response, and underlying vulnerabilities, especially across the financial sector, are leading us to expect growth to fall by 5 per cent this fiscal year before rebounding in 2021,” S&P said Friday in a report.