“Wouldn’t Be Surprised If India’s GDP Growth Is In Negative”: Jayati Ghosh
IMF expects FY21 growth at 1.9% from 5.8% projected in January, Barclays also pared its growth forecast for India to 0% in 2020. New Delhi|...
Category : Business & Finance
Barclays Revises India Growth Forecast To 0% For 2020
Prime Minister, on Tuesday, declared in a televised statement that the lockdown in entire India will be extended till 3 May. New Delhi: The lockdown,...
Amid Coronavirus Uncertainties, People’s Bank Of China Acquires 1% Stake In HDFC
The notable move comes at a time when the world is fighting the highly infectious virus, with the 2 top economies, US & China, being...
Indian Economy Is Expected To Rebound to 5%, Warns World Bank
The Indian economy was already slowing due to persistent financial sector weaknesses the World Bank report said. New Delhi| The coronavirus outbreak has critically disrupted...
All Pending Income Tax Refunds Up To Rs 5 Lakh To Be Released Immediately
Additionally, all pending GST and custom refunds of Rs 18,000 crore will also be released to provide relief to 1 lakh business entities. New Delhi|...
SBI savings deposit interest cut by 25 bps on all deposits, MCLR by 35 bps
Now SBI savings accounts with balances up to Rs 1 lakh will earn an interest rate of 2.75 per cent per annum, from earlier 3...
40 Cr Indians Maybe Pushed Into Poverty Due to Pandemic: International Labour Organisation
The International Labour Organisation report also noted that the pandemic is having a catastrophic effect on working hours and earnings globally. New Delhi| The International Labour...
Mukesh Ambani’s Net Worth Drops To $48 Billion In 2 Months Amid Coronavirus Crisis
The chairman and managing director of the diversified Reliance Industries, Mukesh Ambani, saw his wealth decline to $48 billion. Mumbai: The net worth of India’s richest...
World Bank Approves $1 Billion Emergency Funds For India To Fight Virus
World Bank will roll out $160 billion in emergency aid over 15 months to countries affected by the deadly COVID-19 pandemic. Washington| The World Bank...
US Unemployment Claims Hit 6.6 Million Amid Coronavirus Crisis
The figure for the week ended March 28 was double the number of first-time applications for Unemployment benefits registered in the previous week. Washington: Another...