Private Sector

Nirmala Sitharaman says Centre has no more announcements to make; rules out any cut in income tax rates

Nirmala Sitharaman, who had over the last week announced an economic package to help revive the economy, said how the coronavirus and the lockdown has hurt revenues is yet to be completely assessed.

Haryana govt issues advisory; asks industry, commercial establishments not to layoff employees, deduct wages during COVID-19 lockdown

The termination of employees from the job or reduction in wages in this scenario would further deepen the crisis and will not only weaken the financial condition of the employee, but also hamper their morale to combat their fight against this epidemic, as per the advisory

In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot

The highlight of the December quarter GDP data is not just the GDP numbers alone, but the massive revisions of the past data

Budget 2020: Expect Bharatmala, highways programme allocation to rise to Rs 1.01 lakh cr, says ICRA

The road network itself is undergoing significant changes with some of the economic corridors under Bharatmala competing with few existing stretches,

Narendra Modi govt's Rs 102 lakh cr infrastructure target is a wishful thinking; the devil lies in the details

Over a Rs 100 lakh crore will be pumped into the infrastructure department that will help achieve the $5 trillion dream, the government claims.

India's economic growth likely to slow further in second half of 2019 on weakness in consumption sector: DBS

Weakness in the crucial consumption sector is likely to be extended into the quarter along with tepid private sector activity.

Economic growth since demonetisation, Maruti Suzuki's downbeat sales; all this and more on Moneycontrol Pro

Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations

New FDI norms: Investment should be driven by domestic private sector; manufacturing must get priority in fund infusion

The framework also allows 100 percent FDI in all coal activity which is good for the users to the extent that investment flows in which can reduce cost and increase availability.

Economic slowdown: NITI Aayog for extraordinary steps to deal with unprecedent stress in financial sector in last 70 years

Explaining how stress in the financial sector has led to a slowdown in the economy, the NITI Aayog vice-chairman said the entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014.

Sensex tanks 500 points as scrapping of Article 370 spooks investors; a reminder why govt shouldn't lose focus on sinking economy

Sensex fell intra-day to over 700 points after the government revoked the controversial Article 370 that gave a special status to J&K