Search For "indian economy"
Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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Bajaj Finserv Business Loan - Here's all SMEs need to know about this loan
Updated : 5 years, 11 months ago IST
Pune (Maharashtra) [India] Aug 7 (ANI/BusinessWire India): According to a report by the Economic Times - "The MSME sector is and regarded as the backbone of the Indian economy. It churns out over 6000 products which are highly sought after across the global marketplaces and employs 40 per ce
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Modi govt lacks the ability to fix economy: Rahul Gandhi
Updated : 5 years, 11 months ago IST
New Delhi [India], August 4 (ANI): Prime Minister Narendra Modi and his team neither have the "understanding, the tools nor the ability" to fix the Indian economy, said Congress leader Rahul Gandhi on Tuesday.
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India offers best destination for foreign investment in MSMEs, NBFCs: Niti
Updated : 5 years, 11 months ago IST
New Delhi [India], July 22 (ANI): Calling India as the most favourable destination for foreign investment, Union Minister Nitin Gadkari on Tuesday urged foreign investors to reap rich dividends by investing in the country's infrastructure, MSMEs, banks, NBFCs and other sectors.
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Stimulus package has made big difference to companies coping with lockdown
Updated : 5 years, 11 months ago IST
New Delhi [India], July 21 (ANI): Finance Minister Nirmala Sitharaman on Tuesday said that green shoots were visible in the economy and the stimulus package provided by the government has made a big difference to companies coping up with effects of lockdown enforced to contain the spread
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Reverse migration results in unemployment in rural India, say economists
Updated : 5 years, 11 months ago IST
New Delhi [India], July 21 (ANI): Commenting on the rural unemployment rate released by the Centre of Monitoring Indian Economy (CMIE), which has increased to 7.1 per cent in the week ended on July 19 from 6.34 per cent recorded in the previous week, economists believe that reverse migration
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EdTech startup Bada Business touches 50 million entrepreneurs, MSME owners
Updated : 5 years, 11 months ago IST
New Delhi [India], July 21 (ANI/BusinessWire India): In a first of its kind private initiative to help put the Indian economy back on a growth path, EdTech startup Bada Business has reached out to 50 million entrepreneurs, MSMEs and wantrepreneurs under its ambitious 'India Revival Mission'
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COVID-19 biggest test of financial system's resilience: RBI Governor Das
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has taken several measures to protect the country's financial system and support the economy after COVID-19 crisis, Governor Shaktikanta Das said on Saturday.
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Beijing says app ban will hurt Chinese companies, India may suffer more ec
Updated : 6 years ago IST
Beijing [China], July 1 (ANI): A day after the Indian government banned 59 China-linked mobile apps, a Chinese state-run media outlet said that the "political crackdown" by New Delhi may lead to more economic losses than during the Doklam crisis.
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Vice President pays tributes to PV Narasimha Rao on his birth anniversary
Updated : 6 years ago IST
New Delhi [India], June 28 (ANI): Vice President M Venkaiah Naidu paid glowing tributes to former Prime Minister PV Narasimha Rao on his birth anniversary on Sunday and recalled the pioneering role played by him in initiating economic reforms at a critical juncture when the Indian economy wa
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India's economy in deep trouble, growth may contract 5 pc in FY21: S&P
Updated : 6 years ago IST
Singapore, June 26 (ANI): S&P Global Ratings said on Friday that Indian economy is in deep trouble with growth expected to contract by 5 per cent in the current financial year 2020-21.
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Volatile trade at bourses as IMF downgrade on growth projections dents inv
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Equity benchmark indices edged marginally lower on Thursday due to weak global cues after the International Monetary Fund forecast the global output to shrink by 4.9 per cent this year.
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