India ready to combat Covid-19: Finance Ministry report

Having successfully managed the first wave of the coronavirus pandemic, India is well prepared to combat the scourge of the second wave, the Finance Ministry’s monthly economic report said. Continue Reading

Fuel price rise impacts consumption in India

The rising fuel prices is impacting demand conditions in India that is looking for an accelerated recovery of the economy post Covid-induced lockdowns and disruptions. Continue Reading

Congress attacks government on inflation figures

Attacking the government over the state of the economy, the Congress said the people have been hit by the ‘double whammy’ of low growth and high inflation for which the Modi government’s ‘gross mismanagement’ is responsible. Continue Reading

Markets & Economy: Glass half full or half empty?

At a time when the world is spearheading vaccines on the one hand and grappling with mutating viruses on the other, what can one expect of the public and private markets and the Indian economy in the coming year? Continue Reading

Budget 2021: Will today’s ‘economic vaccine’ propel India forward?

Finance Minister Nirmala Sitharaman will today deliver her promised budget, like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Continue Reading

India’s economy to recover by 7.3 % this calendar year: UN

The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year. Continue Reading

‘Economy most likely to contract 7.7% in 2020-21’

Indian economy is estimated to contract 7.7 per cent in 2020-21 compared to 4.2 per cent growth in the previous fiscal, mainly on account of the impact of the Covid-19 pandemic. Continue Reading

India to become 5th largest economy in 2025

India, which appears to have been pushed back to being the world’s sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said. Continue Reading