The government sources said this in the backdrop of IMF's growth projections showing Bangladesh closing in on India in terms of per capita GDP this year.
The spread of COVID-19 and containment measures have severely disrupted supply and demand conditions in India, the World Bank said in its latest South Asia Economic Focus report
'GDP a reflection of ravages of COVID-19': RBI Guv Shaktikanta Das says economic recovery likely to be gradual
The RBI governor said the Indian central bank stands battle-ready to take whatever steps that are needed to be taken for the economy
The senior Congress leader sought transferring cash to the poorest 50 percent of families and paying arrears of GST compensation to states
Coronavirus updates: As many as 5,84,537 persons have recovered from the viral infection till date and the state now has 1,98,523 active cases, said a health bulletin
'Ruining' of economy began with demonetisation, says Rahul Gandhi as India's GDP slumps to 23.9% in Q1
The GDP contraction is the sharpest contraction since quarterly figures started being published in 1996 and worse than what was expected by most analysts
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
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
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
Coronavirus Outbreak Updates: 267 new COVID-19 patients reported in Rajasthan today, total number of cases rises to 6,494
Coronavirus Outbreak LIVE Updates: Two police stations have been sealed partially after a head constable was tested positive for COVID-19. According to police, the infected head constable was overseeing the arrangements to quarantine people who came from Mumbai.
Coronavirus Outbreak Updates: Mumbai reports 1,382 new COVID-19 cases; confirmed infections rise to 25,317
Coronavirus Outbreak LIVE Updates: The MHA on Thursday said that state governments should 'ensure night curfew or prohibition of all non-essential activities between 7 pm and 7 am'.
Proper delineation of containment zones, social distancing mandatory post lockdown; enforce night curfew strictly, MHA tells states
MHA said the night curfew has been imposed to ensure that people observe social distance.
Coronavirus Outbreak: IAS officers deputed to 3 Mumbai civic hospitals for effective management of COVID-19 treatment
As coronavirus cases continue to rise unabated in Mumbai, the Maharashtra government on Thursday deputed three IAS officers to three major civic-run hospitals in the city for effective management of the outbreak
Coronavirus Outbreak Updates: Railways will partially restore train services from 1 June, says Centre; bookings for 200 trains to begin tomorrow
Coronavirus Outbreak Updates: Delhi High Court on Wednesday directed the Delhi Metro Rail Corporation (DMRC) to take adequate steps to maintain social distancing once the Metro Rail is permitted to function, particularly, since compartments are fully packed, which can be dangerous in the current COVID-19 pandemic situation.
Coronavirus Outbreak Updates: Assam reports highest single-day rise in COVID-19 cases with 39 new infections; 107 active cases in state currently
Coronavirus Outbreak LIVE Updates: Assam minister Himanta Biswa Sarma said that 13 new coronavirus cases were detected from the Sarusajai Quarantine Centre. He added that the total patient count rose to 154.
Coronavirus Outbreak Updates: 366 new COVID-19 infections reported in Gujarat today, total number of cases rises to 11,746 in state
Coronavirus Outbreak LIVE Updates: Reports said that 366 new coronavirus cases were reported in Gujarat on Monday, taking the state's tally to 11,746.
Coronavirus Outbreak Updates: Rajasthan reports highest single-day spike in cases as 242 more test positive; case count climbs to 5,202, toll touches 131
Coronavirus Outbreak Updates: Rajasthan on Sunday recorded the highest single day spike of 242 new cases and five more fatalities, officials said. The number of cases in the state stands at 5,202 and fatalities at 131.
Coronavirus Outbreak Updates: Uttar Pradesh reports nine deaths, taking toll to 104; 203 more test positive, total rises to 4,258
Coronavirus Outbreak Updates: As many as 203 fresh cases have been reported in Uttar Pradesh in the past 24 hours taking the total tally to 4,258, reports News18.The new cases have been reported in Merrut, Rampur and Saharanpur districts.
Nirmala Sitharaman on Economic Package: Centre hikes FDI in defence, allows commercial mining of coal, opens space sector for private players in 4th tranche; key takeaways
Finance Minister Nirmala Sitharaman Saturday announced a slew of reforms in eight sectors such as allowing commercial mining of coal, raising FDI limit in defence prodcution, privatisation of power discoms in the UTs to opening up more air space of civil aviation, and the space sector among others as part of Centre's Rs 20-lakh-crore stimulus package to kick-start the economy
In easing agri markets and movement of produce, Nirmala Sitharaman has reiterated earlier promises; here are seven more urgently needed reforms
In terms of outlay, the agricultural reform announced by Finance Minister Nirmala Sitharman on 14 May is not as ambitious as other schemes.