India Economy

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India Economy - Total results - 38
Indian economy to contract by 4.5% in 2020 due to longer lockdown, slow recovery, says IMF
Business

Indian economy to contract by 4.5% in 2020 due to longer lockdown, slow recovery, says IMF

The IMF on Wednesday projected a sharp contraction of 4.5 percent for the Indian economy in 2020, a 'historic low', citing the unprecedented coronavirus pandemic that has nearly stalled all economic activities

Finance Ministry credits govt, RBI for ‘green shoots of economic revival’ as agriculture, petroleum, electricity indicators pick up
Business

Finance Ministry credits govt, RBI for ‘green shoots of economic revival’ as agriculture, petroleum, electricity indicators pick up

The Finance Ministry cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage

India’s economy likely to shrink by 3.2% in current fiscal, but expected to bounce back in 2021, says World Bank
Business

India’s economy likely to shrink by 3.2% in current fiscal, but expected to bounce back in 2021, says World Bank

India's economy will shrink by 3.2 percent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown

Pakistan slams India's move to alter J&K's domicile law, accuses New Delhi of 'taking advantage' of global focus on coronavirus
India

Pakistan slams India's move to alter J&K's domicile law, accuses New Delhi of 'taking advantage' of global focus on coronavirus

Pakistan has been unsuccessfully trying to drum up international support against India for withdrawing Jammu and Kashmir's special status on August 5 and bifurcating it into two Union territories.

Coronavirus outbreak has revealed big gaps in healthcare, law enforcement in India; time for reforms is now
India

Coronavirus outbreak has revealed big gaps in healthcare, law enforcement in India; time for reforms is now

India has no national mechanism to track and manage data for all coronavirus positive persons across the country. Where they go, what happens to them, how they fare, what their trajectories are

Coronavirus Outbreak: Clapping won't help daily wage earners, massive economic package will, says Rahul Gandhi
Politics

Coronavirus Outbreak: Clapping won't help daily wage earners, massive economic package will, says Rahul Gandhi

Congress leader Rahul Gandhi on Saturday said that the coronavirus has affected small, medium businessmen and daily wage labourers the most and the government, instead of clapping, needs to release an economic package for them

Containing coronavirus spread comes with economic tradeoffs, says IMF blog, cites China example
Business

Containing coronavirus spread comes with economic tradeoffs, says IMF blog, cites China example

Success in containing coronavirus comes at the price of slowing economic activity, no matter whether social distancing and reduced mobility are voluntary or enforced, says IMF in blog

India becomes world's 5th largest economy with $2.94 trillion GDP; overtakes UK, France: Report
Business

India becomes world's 5th largest economy with $2.94 trillion GDP; overtakes UK, France: Report

The size of the UK economy is $2.83 trillion and that of France is $ 2.71 trillion

India's lower than expected GDP numbers 'biggest drag' on global growth forecast for two years, says IMF's Gita Gopinath
Business

India's lower than expected GDP numbers 'biggest drag' on global growth forecast for two years, says IMF's Gita Gopinath

India-born IMF Chief Economist Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income growth

SPG cover for Gandhis a non-issue; Congress doing grave disservice to nation, itself through sycophantic approach
Politics

SPG cover for Gandhis a non-issue; Congress doing grave disservice to nation, itself through sycophantic approach

When there are so many crucial national issues to be highlighted during the ongoing Parliament session, the Congress is focussed at the government's decision to withdraw SPG cover for the Gandhi family

Post Article 370, Pakistan facing policy crises on Kashmir; creating unrest in Valley to internationalise issue Islamabad's last arrow
India

Post Article 370, Pakistan facing policy crises on Kashmir; creating unrest in Valley to internationalise issue Islamabad's last arrow

Pakistan wants to do something spectacular to pump oxygen into the Kashmir issue that is fast becoming redundant due to fatigue and, also, losing legitimacy, with its sharp turn towards Islamic State-styled caliphate jihadism

India's economic growth 'much weaker' than expected due to corporate, environmental regulatory uncertainty, says IMF
Business

India's economic growth 'much weaker' than expected due to corporate, environmental regulatory uncertainty, says IMF

The IMF cut its projection for India's economic growth by 0.3 percentage points to 7 percent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi
Politics

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi

Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a 'slowdown', saying she needs to come clean with the people of India

50 days of Narendra Modi govt: Centre makes its holistic intent visible, but challenges remain to be tackled
India

50 days of Narendra Modi govt: Centre makes its holistic intent visible, but challenges remain to be tackled

If the Narendra Modi government succeeds in maintaining the tempo of its work and intent it has shown in the first 50 days of its second term, India will be well poised to reap the demographic dividend

India must spend $200 bn on infrastructure annually; harnessing private investment a challenge, reveals Economic Survey
Business

India must spend $200 bn on infrastructure annually; harnessing private investment a challenge, reveals Economic Survey

India needs to almost double its annual spending on infrastructure at $200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday

At NITI Aayog meeting, Narendra Modi says making India $5 trillion economy challenging but 'surely achievable'
Business

At NITI Aayog meeting, Narendra Modi says making India $5 trillion economy challenging but 'surely achievable'

Addressing the fifth meeting of the Governing Council of NITI Aayog, Narendra Modi also announced setting up a panel of CMs and ministers on agriculture.

Modi govt achieved 'major successes' in social schemes, made 'unprecedented progress' in tackling corruption: Arvind Panagariya
Business

Modi govt achieved 'major successes' in social schemes, made 'unprecedented progress' in tackling corruption: Arvind Panagariya

Former NITI Aayog vice-chairman Arvind Panagariya said the Narendra Modi government has achieved 'major successes' in social sector programmes like the Ayushman Bharat, PM-Kisan and rural electrification.

BJP manifesto offers heady mix of nationalism, development; shows party hasn't forgotten its core support base
Politics

BJP manifesto offers heady mix of nationalism, development; shows party hasn't forgotten its core support base

The BJP manifesto tells the masses that development and nationalism are complementary, not antidote to each other

India must explore new strategies to counter Pakistan's hostility, and do it without firing a single bullet
India

India must explore new strategies to counter Pakistan's hostility, and do it without firing a single bullet

India needs to explore more effective methods of neutralising this threat. In his classic treatise The Art of War, Sun Tzu had argued that the perfect strategy would be to subdue the enemy without fighting. Novel strategies need to be explored to make the cost of Pakistan's unrelenting hostility literally unaffordable.

Tango or not, India must remain steadfast with China; Beijing's call for 'friendship' could be another ploy
India

Tango or not, India must remain steadfast with China; Beijing's call for 'friendship' could be another ploy

Xi Jinping wants China-centric Asia which requires subjugating India. Instead of getting mesmerised by the serpent's gaze, New Delhi should focus on its fangs