Economy

Our policies helped ease severity of economic impact of COVID- 19: RBI governor Shaktikanta Das

Das felt that 'the year bygone could be marked as one of the toughest periods for human society with the unprecedented health and economic catastrophe'.

published on : 16th January 2021

Indian economy 'weak', credit growth bottoming out: US brokerage firm report

It can be noted that there has been a slew of reports lately about a stronger recovery being underway after the jolt caused by the pandemic.

published on : 15th January 2021

Joe Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy

The US is the worst affected country from the pandemic with 23,308,712 people hit with the coronavirus, according to the Johns Hopkins Coronavirus tracker.

published on : 15th January 2021

Kerala economic growth plummets to 3.46% in 2019-20 from 6.49% in 2018-19

The review said the Cyclone Ockhi in 2017, and severe floods resulting from extreme rainfall events in 2018 and 2019 have started to hit the state's economy.

published on : 14th January 2021

German economy shrank five per cent in COVID-hit 2020 as lockdowns wipe businesses

State statistics office Destatis said on Thursday that only the construction sector showed an upturn as industry and services saw deep declines.

published on : 14th January 2021

Pandemic slowed speed, but India will certainly become USD 5 trillion economy: Amit Shah

The Union Minister was speaking here during the launch of the 'Single Window Clearance System', an online platform to obtain clearances for smooth operationalisation of coal mines.

published on : 11th January 2021

Indian economy heading towards V-shaped recovery in 2021: ASSOCHAM

India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments.

published on : 10th January 2021

Determined efforts needed to bring economy back on track: Vice President Venkaiah Naidu

Last year, India rose to the occasion as one collective entity in handling the pandemic with considerable results, Venkaiah Naidu said.

published on : 9th January 2021

India ushering in rapid structural reforms to become USD 5 trillion economy by 2025: Goyal

The minister observed that new markets were being explored aggressively to enhance the reach of Indian products globally.

published on : 9th January 2021

India likely to be the second worst-hit economy among Southeast Asian peers

That’s because many (clearly barring China) are highly dependent on either services sector, exports or tourism.

published on : 9th January 2021

Industries showing signs of recovery whilst GDP contraction, says Niti VC

 As per the GDP estimates, all sectors are expected to post a contraction for the full fiscal, except agriculture.

published on : 8th January 2021

Indian economy to rebound with 8.9 per cent growth in FY22

The GDP contracted by a record 23.9 per cent in the April-June quarter following a national lockdown to prevent the spread of the coronavirus.

published on : 8th January 2021

Economy likely to contract 7.7 per cent in 2020-21: National Statistical Office

As per the first advanced estimates of the national income released by the National Statistical Office on Thursday, there was contraction in almost all sectors with the exception of agriculture.

published on : 7th January 2021

Jobs are back as Karnataka economy rebounds

With the economy bouncing back after months of slowdown, the job scene seems to be looking up, both in the private as well as government sectors.

published on : 7th January 2021

Our economy will shrink if state of emergency declared in Tokyo: Japan PM Yoshihide Suga

Public broadcaster NHK cited that the Dai-ichi Life Research Institute is predicting a loss of 75,000 jobs over six months after the potential declaration.

published on : 6th January 2021
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