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India's 23.9% GDP contraction 'should alarm us all', writes ex-RBI governor Raghuram Rajan
Raghurajan •Given the length of the pandemic, more direct cash transfers to the poorest households, especially in urban areas that do not have access to MNREGA, is warranted.
India expected to overtake Germany to become fourth-largest economy in 2026: Report
•India, which till recently was hailed as the world's fastest-growing major economy, has seen growth rate decline to a six-year low of 4.5 percent in the September quarter of 2019-20
RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das
Fp Staff •If the Reserve Bank of India (RBI) cuts the repo rate today, it would be the sixth reduction in the short-term lending rate this financial year.
RBI Monetary Policy Updates: Efforts on to ensure another large NBFC does not default, says governor Shaktikanta Das
Fp Staff •RBI MPC LATEST Updates: RBI governor Shaktikanta Das has said that efforts are on to ensure that another large non-banking finance company (NBFC) does not default.
RBI cuts repo rate by 25 bps to 5.15%: Central bank goes with the tide but reduction in interest rate cannot ensure pick-up in credit
Madan •The most important takeaway from the RBI policy statement is the revision in GDP growth number from 6.9% to 6.1% for FY20
India remains fastest growing major economy globally in Jan-March quarter, finds poll
•Prime Minister Narendra Modi's ban of high-value currency notes last year had a major short-term impact on demand but private and public consumption has recovered.
Economic growth not guarantee of poverty alleviation: World labour Org
Shreerupa •A report by ILO states that the ability of growth to reduce poverty is compromised by the inequitable income distribution
Mobile sector to account for 8.2 percent of Indian GDP by 2020: GSMA
Fp Archives •India is set to have more than half a billion (500 million) unique mobile subscribers by the end of the year, thanks to affordable devices, easy tariff and digital literacy drives, a study by GSMA said on Thursday.