October 20, 2021 22:55 (IST)
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Jacqueline Fernandez appears at ED's Delhi office for questioning in money laundering case | 'WhatsApp chats reveal Aryan Khan regularly indulged in illicit drugs': Court says denying bail | Priyanka Gandhi Vadra allowed to visit family of UP man who died in police custody | Drug case: Aryan Khan's bail rejected | Crops destroyed due to rains: Delhi announces Rs. 50,000 per hectare of farmland compensation to farmers

India's IIP grows 11.9 per cent in August, shows improvement

New Delhi: The Index of Industrial Production (IIP) rose 11.9 per cent year-on-year in August, 2021 as compared to 11.5 per cent in July showing economic recovery on firm footing post the deadly second wave of pandemic.

No relief in sight from high fuel prices, FM Nirmala Sitharaman blames UPA-era oil bonds for it

New Delhi/UNI: There seems to be no relief in sight for consumers feeling the heat of higher fuel prices with the government insisting that it has to pay dues on account of oil bonds issued during UPA era to keep diesel and petrol prices in check.

Policy reforms in last one and half years driven by hope: Govt's Chief Economic Advisor

Kolkata/IBNS: Government choices are clearly driven by hope at a time when the economy is coming back to normal, according to Government of India’s Chief Economic Advisor Dr. Krishnamurthy Subramanian. 

IMF cuts India growth to 9.5%, but it remains fastest-growing large economy

New Delhi: The COVID-19 second wave has shaved off 3 per cent from the International Monetary Fund's (IMF) previous projection for India's economic growth for this fiscal year, pegging it now at 9.5 per cent, but the country still remains the world's fastest-growing large economy.

Indian economy will have double digit growth in 2021-22, says Niti Aayog vice-chairman: Report

New Delhi/IBNS: Indian economy will achieve a double digit growth in the current fiscal 2020-21,Niti Aayog Vice-Chairman Rajiv Kumar has said, adding that the country's disinvestment also looks better.

Stimulus helps Indian firms boost financial health post COVID-19 second wave

New Delhi: Unprecedented stimulus spending seems to be helping in the recovery of the financial health of Indian companies after a deadly second wave of the COVID-19 pandemic, media reports said.

India will remain second-fastest growing economy; expected to grow at 8.3%

The World Bank has forecast that the Indian economy would grow by 8.3 per cent during the current fiscal year, an increase of nearly 3 per cent from its January projection, but lower than the April estimate by almost 2 per cent.

Indian Economy: Sensex falls by 31.12 pts

Mumbai/UNI: The BSE Sensex remained weak for the third straight session on Tuesday as it fell by 31.12 pts to settle at 50,363.96 as selling was seen in Bankex, Metal, Finance and Capital Goods stocks.

Private sector has a key role in India’s growth recovery, Government will be a good facilitator: Finance Minister Nirmala Sitharaman

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said that while the Union Budget 2021-22 provides for enhanced capital expenditure by the Government, it also envisages private sector participation in a big way.

Economic Survey rightly sees economy 'homecoming to normalcy': ASSOCHAM

Kolkata/IBNS: The Economic Survey presented in Parliament has hit the nail right on its head by stating that the Indian economy's ''homecoming'' to normalcy is leading to hopes of a robust recovery in services and consumption; emphasizing forcefully that the reforms must continue to realise the full growth potential, ASSOCHAM has said.

Economic Survey says overall inflation is expected to moderate

New York: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate.

Indian agriculture contributes to green shoots of the Indian e conomy with a Growth Rate of 3.4 Per Cent Despite COVID-19 Pandemic

New Delhi: India’s agricultural sector has shown its resilience amid the adversities of COVID-19 induced lockdowns. 

India to grow at 11.5 pc in FY 21-22, predicts Economic Survey

New Delhi/UNI: India's gross domestic product will grow at 11.5 per cent in fiscal 2021-22, projects the Economic Survey 2020-21 that Finance Minister Nirmala Sitharaman tabled in Parliament on Friday.

Electronic & smartphone manufacturing sector alone will contribute $ 1 trillion to economy by 2025: Ravi Shankar Prasad

Kolkata/IBNS: Union Minister of Law and Justice, Electronics and Information Technology and Communications Ravi Shankar Prasad on Friday stated that there is a robust future for the manufacturing of electronics and smartphone sector in India.

Strengthening domestic economy makes India stronger globally, says Commerce Secretary at EEPC India event

Kolkata/IBNS: The World Trade Organisation is an important institution for global trade and economy, but India's salvation lies in strengthening its domestic economy by attracting new investments by schemes like production-linked incentives, Commerce Secretary Dr Anup Wadhawan said at an EEPC-EXIM book release function Wednesday.