Economy

Bhubaneswar: The frequent lockdowns to cull spread of Coronavirus has rattled the middle class, backbone of India's economy, and the stratum is now bearing the brunt of COVID-19 impact.…

New Delhi: Wholesale prices in the country witnessed deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as food articles turned expensive. "The…

Bhubaneswar: In order to revive the economy hit by Covid-19 pandemic, the State Planning Board has directed officials of different departments to submit revival proposals within a week.…

New Delhi: India will emerge stronger from multiple crises of economy, pandemic and super cyclone in the next 6-9 months, say industry leaders, based on the resilience shown by people,…

New Delhi: Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy at the meeting of the Financial Stability and Development Council (FSDC), in view of disruptions…

New Delhi: India should come out with a large enough stimulus package to revive demand, Nobel laureate Abhijit Banerjee said on Tuesday, asserting that putting cash in the hands of people…

New Delhi: The Reserve Bank of India has announced new measures to ease the compliance burden on sectors of the Indian economy most affected by the coronavirus scare. Accordingly, it has…

New Delhi: Banks are ensuring that their branches remain open and ATMs (automated teller machines) functional with adequate cash amid the nationwide lockdown, according to the Union Finance…

New Delhi: Fears of an economic crisis in India are likely to decrease and the country may recover from decelerating growth in 2020, a new report said on Tuesday. According to US-based…

New Delhi: Noting that the economy has gone through ups and downs in the past too, Prime Minister Narendra Modi on Friday cited macroeconomic data from previous governments to suggest that…