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Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
London [UK], May 22 (ANI): India's Gross Domestic Product (GDP) could soar by 20 per cent in the third quarter of 2020, according to predictions by Goldman Sachs which have been stated by The Economist in a detailed story on Economic Lockdowns and their implications.
Tokyo [Japan], May 18 (ANI): Japan's economy contracted an annualised 3.4 per cent during the January to March quarter as coronavirus pandemic continues to have a significant impact, according to government data released on Monday.
Updated : 5 months, 2 weeks ago IST
New Delhi [India], May 17 (ANI): Hailing the reforms in the mining sector announced by Finance Minister Nirmala Sitharaman on Saturday, Union Mines and Coal Minister Pralhad Joshi on Saturday said that reforms will bring a huge opportunity for employment as well as to add to the GDP.
New Delhi [India], May 15 (ANI): Hitting out at the Centre over Rs 20 lakh crore economic package which is nearly 10 per cent of gross domestic product, senior Congress leader Anand Sharma on Friday said it was just a 'dramatic' announcement by Prime Minister Narendra Modi, claiming that
Manila [The Philippines], May 15 (ANI): The global economy could suffer between 5.8 trillion and 8.8 trillion dollars in losses -- equivalent to 6.4 to 9.7 per cent of global gross domestic product (GDP) -- as a result of the novel coronavirus disease (COVID-19) pandemic, according to a new
Mumbai (Maharashtra) [India], May 13 (ANI): Equity benchmark indices traded higher during early hours on Wednesday, a day after Prime Minister Narendra Modi announced an economic stimulus package worth Rs 20 lakh crore amounting to 10 per cent of the GDP to alleviate the pain caused by COVID
New Delhi [India], May 12 (ANI): Minutes before Prime Minister Narendra Modi's address the nation on Tuesday, Congress leader Rahul Gandhi urged him to directly transfer at least Rs 7,500 to the accounts of migrant labourers to support them during COVID-19 crisis.
New Delhi [India], May 11 (ANI): There is a critical and immediate need for a significant stimulus of Rs 9 lakh crore to 10 lakh crore or four to five per cent of the GDP to stimulate demand and supply for averting a long-term economic slowdown, the Federation of Indian Chambers of Commer
Updated : 5 months, 3 weeks ago IST
New Delhi [India], May 9 (ANI): The Confederation of Indian Industry (CII) has called for an immediate economic stimulus package of Rs 15 lakh crore -- or 7.5 per cent of the GDP -- to tide over the impact of Covid-19 led countrywide lockdown.