Economic Activity

Showing of 21 - 40 from 40 results
Economic Activity - Total results - 40
Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode
Business

Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode

The Fed’s total balance sheet size exploded by more than half a trillion dollars in a single week, roughly twice the pace of the next-largest weekly expansion in the financial crisis in October 2008.

Stock Market Today LIVE Updates: Sensex down 581 points, Nifty dips 205 points at close; all sectoral indices in red
Business

Stock Market Today LIVE Updates: Sensex down 581 points, Nifty dips 205 points at close; all sectoral indices in red

Stock Market Today LATEST Updates: Sensex was down 581.28 points or 2.01 pecent at 28288.23, while Nifty was down 205.35 points or 2.42 percent at 8263.45.

Fed slashes rates; global central banks coordinate to cushion world economy from coronavirus blow
Business

Fed slashes rates; global central banks coordinate to cushion world economy from coronavirus blow

In a news conference, Federal Reserve chairman Jerome Powell said the epidemic was having a “profound” impact on the economy, forcing whole industries like travel and leisure offline.

Global shares head for worst week since 2008 financial crisis as investors brace for coronavirus to morph into a pandemic
Business

Global shares head for worst week since 2008 financial crisis as investors brace for coronavirus to morph into a pandemic

The worsening global threat from the virus prompted investors to rapidly step up bets the US Federal Reserve would need to cut interest rates as soon as next month to support economic growth

Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals
Business

Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals

The twin set of macroeconomic data released on Wednesday doesn’t augur well for the economy

Gold amnesty scheme: Tax cheats must be taught a lesson, but targeting households, temple treasure will be a tricky affair
Business

Gold amnesty scheme: Tax cheats must be taught a lesson, but targeting households, temple treasure will be a tricky affair

The problem with India’s ‘gold’ economy is that Indians do not see gold as merely an investment asset.

RBI likely to cut repo rate by 25 bps due to weak economic activity, inflation, says Goldman Sachs report
Business

RBI likely to cut repo rate by 25 bps due to weak economic activity, inflation, says Goldman Sachs report

Goldman Sachs expects inflation to remain below the RBI's medium term target until the end of 2019

Wrong to use cash as indicator of jump in economic activity, rural economy still depressed: SBI
Business

Wrong to use cash as indicator of jump in economic activity, rural economy still depressed: SBI

It is "erroneous" to come to a conclusion of heightened economic activity using the jump in currency in circulation (CIC), the economic research wing of SBI said on Thursday

Fitch lowers growth forecast to 6.9%, sees large bank NPAs dampening credit growth, investment
Business

Fitch lowers growth forecast to 6.9%, sees large bank NPAs dampening credit growth, investment

Economic activity is expected to accelerate in the second half of the fiscal year with the waning impact of demonetisation shock in late 2016 and GST rollout in July

Farmers plan mega protest: Making right noises not enough, agriculture needs renewed focus by govt
Business

Farmers plan mega protest: Making right noises not enough, agriculture needs renewed focus by govt

Government needs to ensure price support for farmers in case of glut, outside of MSP

GDP in Jan-March hits 6.1%: India loses fastest growing economy tag after slowdown deepens
Business

GDP in Jan-March hits 6.1%: India loses fastest growing economy tag after slowdown deepens

The March quarter growth figure is the lowest since the December quarter in 2014, when the economy registered a 6 percent growth,

Demonetisation: Urjit Patel says RBI pumped in Rs 9.2 lakh cr of new notes
Politics

Demonetisation: Urjit Patel says RBI pumped in Rs 9.2 lakh cr of new notes

The Parliamentary panel will summon Patel again after the upcoming parliament session.

States, UTs tax collection see rise; impact of demonetisation subdued?
Business

States, UTs tax collection see rise; impact of demonetisation subdued?

For most states, the growth in VAT collections had slowed in December, compared to November when Modi announced the decision to withdraw the two high-denomination notes that accounted for 86% of the total stock of currency in circulation.

Note ban: Fitch lowers India's FY17 GDP growth to 6.9% citing temporary disruptions
Business

Note ban: Fitch lowers India's FY17 GDP growth to 6.9% citing temporary disruptions

The US-based ratings agency also revised GDP growth forecast for 2017-18 and 2018-19 lower to 7.7 percent from 8 percent earlier

Moody's says demonetisation to weigh on India's GDP growth for few quarters
Business

Moody's says demonetisation to weigh on India's GDP growth for few quarters

Moody's added there will be loss of wealth for individuals and corporates with unreported income, as some will choose not to deposit funds back into the formal financial system to avoid disclosing the sources of these funds

India's GDP growth to remain strong at 7.6% in 2016, 7.7% in 2017, says World Bank
Business

India's GDP growth to remain strong at 7.6% in 2016, 7.7% in 2017, says World Bank

On India, the report said economic growth remained robust, which, as in the past, is expected to support continued poverty reduction.

After Samvat 2071 wash out, Sensex poised for a 20% upswing in 2072 on reforms boost
Business

After Samvat 2071 wash out, Sensex poised for a 20% upswing in 2072 on reforms boost

Brokerage houses Geojit BNP Paribas Financial Services, Equinomics Research & Advisory and Kotak Securities expect the benchmark Sensex and Nifty to usher in gains between 10-20 percent by Diwali 2016

L&T cuts order book size by half to 5-7% on subdued economic activity, weak demand
Business

L&T cuts order book size by half to 5-7% on subdued economic activity, weak demand

L&T says Slowing global economies, depressed commodity prices, weakening currencies and capital outflows constraining growth prospects of emerging economies

Fed keeps stimulus intact amid signs of 'pause' in US growth
Economy

Fed keeps stimulus intact amid signs of 'pause' in US growth

The Fed repeated that it would keep overnight rates near zero until the unemployment rate hits 6.5 percent, as long as inflation does not threaten to exceed 2.5 percent.