Economic Activity

India's debt ratio to GDP increases from 74% to 90% during COVID-19: IMF

Vitor Gaspar, Director of IMF's Fiscal Affairs Department, said that widening deficits and contraction in economic activity, debt worldwide increased sharply to 97% of GDP in 2020

Despite lockdowns, emissions from use of oil, gas, coal were higher in Dec 2020 than 2019: Study

The right energy policies could ensure the historic opportunity to make 2019 the definitive peak in global emissions, is not wasted, experts said.

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

US businesses hammered by COVID-19 pandemic but some feel worst of crisis behind them: Fed survey

The Fed’s survey, known as the “Beige Book,” was conducted in April, when non-essential businesses were shut down in much of the country, through 18 May, when some states had started to loosen restrictions.

India's first quarter GDP growth likely to be weakest since 2012; coronavirus, lockdown halted economic activity: Poll

Forecasts for gross domestic product (GDP) data, due to be released on 29 May, ranged between +4.5 percent and -1.5 percent, underscoring the widespread uncertainty on the impact of the coronavirus on the economy at that stage.

COVID-19 Impact: Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings

While bad loans from the corporate sector may rise by Rs 3.4 lakh crore, for non-corporate segments it may increase by Rs 2.1 lakh crore in FY21, India Ratings and Research said in the report

UP, MP ease labour laws: India needs to ride this wave focussing on employee health, safety and correct 'miserable' record in this matter

Labour regulations such as 8 hours work days were brought in after years of protests against exploitation.

State refiners scale up crude processing as fuel demand improves with easing of lockdown measures

Indian Oil Corp, the country’s top refiner, has raised crude processing at its plants to 60 percent capacity and aims to reach 80 percent by the end of this month, it said in a statement on Monday

Automakers warn of up to 45% sales drop as economy slumps due to pandemic; seek govt help in crisis

The auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18 percent last fiscal year to 21.5 million vehicles due to an economic slowdown.

Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations

The auto major has commenced production at the facility adhering to 100 percent compliance of safety and social distancing norms, Hyundai Motor India said