Nov 30, 2019 New Delhi: The Indian economy’s 26-quarter low growth of 4.5 per cent in July-September due to poor consumption, demand and investment can be attributed to the dismally low industrial and core sector…
Nov 30, 2019 New Delhi: Finance Minister Nirmala Sitharaman said on Saturday that several significant steps in structural reforms have been taken in the past few months and responses/interventions addressing the needs of the economy…
Nov 29, 2019 New Delhi: A massive contraction in manufacturing, agriculture and mining activity pulled India’s GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20. This is the fifth…
Nov 26, 2019 New Delhi: India Ratings and Research (Ind-Ra) has revised its 2019-20 India GDP growth forecast downwards to 5.6 per cent from an earlier estimate of 6.1 per cent. The agency in a…
Nov 23, 2019 New Delhi: Bharti Airtel, Vodafone Idea Ltd and Tata Teleservices on Friday individually filed review petitions in Supreme Court on the recent AGR verdict seeking waivers on penalties and interest, and interest…
Nov 22, 2019 Beijing: China on Friday raised its GDP for 2018 to 91.93 trillion yuan ($13.08 trillion), 2.1 per cent more than the previously stated figure, following the latest revision of the calculations by…
Nov 21, 2019 Mumbai: The Subhash Chandra-led Essel group on Wednesday said that it is planning to sell 16.5 per cent stake in Zee Entertainment Enterprises Limited (ZEEL) to financial investors in order to repay…
Nov 21, 2019 New Delhi: The nation’s economic slump is not only worrying investors but also the RSS, the ideological mentor of the ruling BJP. The concern is primarily rural spending that has contracted and…
Nov 21, 2019 New Delhi: Ratings agency ICRA expects India’s growth rate to further slowdown to 4.7 per cent in Q2 FY2020, due to weak industrial output. Accordingly, the ratings agency expects a further deterioration…
Nov 17, 2019 New Delhi: Finance Minister Nirmala Sitharaman has said government would be moving forward on the merger of the three state-run general insurance companies as announced in the previous Budget. “This was a…
