Finance Commission Meets Today, Likely to Discuss Effects Of Pandemic
The Economic Advisory Council of the 15th Finance Commission will meet on April 23-24 to discuss the impact of the pandemic on GDP. New Delhi|...
Tag : Economy
Reserve Bank of India Cuts Repo Rate By 25 Basic Points to 3.75 Per cent
RBI will release Rs 50,000 crores to National Bank for Agriculture & Rural Development, Small Industries Development Bank of India, and NHB MUMBAI| On Friday...
Amartya Sen, Raghuram Rajan, Abhijit Banerjee Stress on Poverty, Hunger
Amartya Sen, Raghuram Rajan, Abhijit Banerjee give simple ways to revive the economy while helping the poor during the global health crisis. New Delhi| Sen,...
“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|...
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,...
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...
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...
Virus Can Cut Down China’s Growth Rate by Half, 11 Million to be Pushed into Poverty
The consequence of the virus can be “an unprecedented global shock, which could bring growth to a halt and could increase poverty across the region.”...
“I may contract coronavirus in jail” says Yes Bank Founder Rana Kapoor, Seeks Bail
Rana Kapoor has been lodged in Navi Mumbai’s Taloja Jail in connection with the money laundering case being probed by the Enforcement Directorate. Mumbai: Yes...
Breaking: Repo Rate Cut by 75 Bps, Reverse Repo Rate by 90 Bps, RBI Governer says in Battle-Ready Mode
The RBI Monetary Policy Committee (MPC) which met on March 24, 26 and 27 had a majority of 4-2 towards the favour of a 75...