The second set of measures announced by RBI for the COVID-19 pandemic-stricken economy got a thumbs-up from bankers who welcomed the steps taken as per the evolving market conditions
Coronavirus Outbreak: RBI governor Shaktikanta Das hopes India will stage sharp V-shaped recovery in FY22
The Reserve Bank Governor Shaktikanta Das on Friday said there are a few slivers of brightness amidst the encircling gloom and hoped that India will stage a sharp V-shaped recovery in 2021-22 as projected by the International Monetary Fund (IMF)
Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTAD
The coronavirus outbreak could cost the global economy up to $2 trillion this year, the UNCTAsaid, warning that shock from the epidemic will cause a recession in some countries and depress global annual growth to below 2.5 percent
The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies
World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: Report
Three Indian cities make the cut in the Index. Delhi ranks seventh as prime property price grew by 5.8 percent on 12-month and 4.4 percent on a 3-month basis.
Weakening domestic growth impulses prompted RBI governor Shaktikanta Das to go for rate cut: Minutes of MPC meet
On 4 April, the RBI had reduced the repo rate, or the rate at which it lend to banks, by 25 basis points to 6 percent — the lowest level in one year — on softening inflation.
India grabs most of foreign inflows into Asian equities in March on optimism over upcoming general election
Overseas investors bought $4.96 billion worth of Asian shares in March, data from stock exchanges in South Korea, Taiwan, India, Thailand, the Philippines, Indonesian and Vietnam showed.
Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern
Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.
US warning of communal violence ahead of LS polls worrying, but singling out India amid global rise of hate crime is a stretch
The US ODNI intelligence singling out India, warning communal violence ahead of General Election to Lok Sabha, may indicate a certain bias, but a global rise of hate only makes that threat more serious, not less
Globalisation 4.0 developments, 5G to bring growth for Indian IT sector in 2019, says Tech Mahindra CEO Gurnani
According to Gartner estimates, India's IT spending will grow by 6.7 percent in 2019 to $89 billion.
At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar.
Foreign trade policy review: India should address problems of competitiveness urgently, set an export target
A review of foreign trade policy without setting an export target is a bit like a finance minister working on a budget without targeting a short-term or long-term GDP growth rate.
NPAs is not an insurmountable problem, Jaitley said
Terming the global slowdown as transient, Finance Minister Arun Jaitley today asked the industry to seize the opportunity to expand their business and prepare themselves for better times.
India being the ‘bright spot’ among its Asian peers is something which international agencies, such as International Monetary Fund, have acknowledged. It is a great deal in a slowing world
One should expect more volatility in this market, with global forces directing the madness over which we may have little control
The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans
He also added that the Indian government has solved most of the "legacy issues"
Now that the FOMC hasn’t raised interest rates, calls for the RBI governor Raghuram Rajan to cut the repo rate are going to get louder