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Indian Economy News

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Maruti Suzuki’s ‘no production’ at Gurugram, Manesar plants for two days amid auto crisis

Maruti Suzuki’s plant in Gurgaon’s Manesar plant.

Updated on Jun 26, 2020, 1:24 AM IST

Why the 2019 economic slowdown is different from 2012-13 | Analysis

While a real economy is infinitely more complex, the thumb rule holds. A low-growth, low-inflation situation is more likely to reflect a demand-side problem while a low-growth, high-inflation situation is likely to be the result of a supply-side problem.

Updated on Sep 4, 2019, 8:59 AM IST

Investors lose Rs 2.55 lakh crore as stock market tanks over 700 points

After plunging 867 points during the day, the 30-share index ended 769.88 points, or 2.06 per cent, lower at 36,562.91. The broader Nifty too sank 225.35 points, or 2.04 per cent, to settle at 10,797.90. (Image used for representation).

Updated on Sep 3, 2019, 8:31 PM IST

India’s growing regional inequality challenge

At the beginning of the millennium, the per capita income of the five richest states (based on per capita income) in India was 145% higher than that of the bottom states.

Updated on Aug 28, 2019, 5:36 PM IST

Govt’s own advisers have admitted economy in deep mess: Rahul Gandhi

Congress leader Rahul Gandhi on Friday said the government’s own advisers had now admitted that the country’s economy was in a “deep mess”.

Updated on Aug 23, 2019, 5:57 PM IST

Maruti pins hopes on festive season for demand revival in auto industry

Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels under a prolonged slump.

Published on Aug 23, 2019, 5:36 PM IST

In 20 points, all the steps Nirmala Sitharaman announced to boost economy

Finance Minister Nirmala Sitharaman addresses a press conference announcing a slew of economic measures to boost growth, at National Media Centre in New Delhi, India, on Friday, August 23, 2019.

Updated on Aug 23, 2019, 8:30 PM IST

Equities, rupee pare losses on hope Centre may roll back higher surcharge on FPIs

The recent fall in equities is a result of growing uneasiness among the participants as they’re keenly awaiting some action from the government to boost the market sentiment.

Updated on Aug 23, 2019, 12:13 PM IST

Path to $5 trillion economy target goes through UP, says Amit Shah

Union home minister Amit Shah addresses UP government’s launch of investment projects worth Rs65,000 crore in Lucknow.

Updated on Jul 29, 2019, 1:00 AM IST

PM Modi’s post-election Budget is key chance to spur waning economy

Newly appointed Finance Minister Nirmala Sitharaman is expected to boost spending and provide tax relief to consumers in her maiden budget on Friday.

Published on Jul 4, 2019, 1:02 PM IST

Economy to rebound from 5-yr low, grow by 7% in 2019-20, says Economic Survey

Economy to rebound from 5-yr low, grow by 7% in 2019-20, says Economic Survey

Updated on Jul 4, 2019, 1:16 PM IST

People trust Modi to make things better

One man and his charisma made people forget their sufferings

Updated on Sep 19, 2019, 1:25 PM IST

State of the economy under Modi: Statistically robust, but institutionally fragile

This government will leave the Indian economy with much better macro fundamentals – growth, inflation, external and fiscal deficits – than those it inherited from its predecessor.

Updated on Jan 31, 2019, 8:53 AM IST

‘Address farm sector challenges, create jobs’: PM advisory panel to government

The government must continue its emphasis on social sector interventions, an official statement issued by the council said.

Updated on Jan 25, 2019, 11:53 PM IST

‘India on way to becoming 5th largest economy in world,’ says PM Narendra Modi

At USD 2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.

Updated on Jan 25, 2019, 6:09 PM IST

Panel may seek study on impact of demonetisation

According to the new GDP series with 2011-12 as the base year, the economy grew 7.3% in the first four years of the NDA government.

Published on Jan 21, 2019, 7:02 AM IST

India likely to surpass UK in the world’s largest economy rankings: Report

India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, according to a report by global consultancy firm PwC.

Updated on Jan 20, 2019, 2:03 PM IST

BPSC question paper for mains GS 2 exam and expert analysis

BPSC mains question paper : Bihar Public Service Commission (BPSC) on Tuesday conducted General Studies Paper 2 of the 63rd Mains Combined Competitive Examination.

Updated on Jan 15, 2019, 7:24 PM IST

India forecasts economic growth at 7.2 per cent in 2018-19

The Gross Domestic Product (GDP) had expanded by 7.1 per cent in 2016-17 and 8.2 per cent in 2015-16.

Updated on Jan 7, 2019, 8:43 PM IST

Economy doing better under NDA: Govt data

Responding to the findings, Congress’s chief spokesperson Randeep Singh Surjewala said, “The entire GDP Back Series Data reflects the desperate attempt of a defeatist Modi Govt to undermine India’s Growth Story over last 15 years.”

Updated on Nov 29, 2018, 12:10 AM IST

Inflation lowest in year, but it may not be good news

Samples of pulses are displayed in a wholesaler at Khari Baoli spice market in New Delhi.

Updated on Nov 13, 2018, 8:24 AM IST

Critics will exist, says finance minister Arun Jaitley on note ban, GST impact

Finance Minister Arun Jaitley

Updated on Nov 12, 2018, 12:30 AM IST

IMF projects a rebound in Indian economy, forecasts 7.3% growth in 2018

Pedestrians and shoppers walk past stores on a street in Varanasi, Uttar Pradesh. Advance estimates for 2014-15 released in February projected India’s GDP during the year to grow at 7.4%, making it the world’s fastest growing economy surpassing China.

Updated on Oct 9, 2018, 11:14 AM IST

A deep dive into India’s job market

Workers at a small factory who make shoddy blanket in Panipat on April 19.

Updated on Sep 26, 2018, 8:20 AM IST

Not much relief for govt in CPI data

Much of the decline in CPI is due to the fall in food inflation.

Updated on Sep 15, 2018, 3:48 PM IST

10 years after global financial crisis, India’s fiscal deficit still not back to pre-crisis levels

The Indian economy remains on a lower growth trajectory today than it was in the years preceding the global financial crisis of 2008.

Updated on Sep 14, 2018, 11:21 PM IST

‘Over-optimistic bankers, slow decision-making’: Former RBI governor Raghuram Rajan decodes bad loans

Raghuram Rajan, former governor of the Reserve Bank of India (RBI), speaks during an interview in Wyoming.

Updated on Sep 11, 2018, 1:58 PM IST

Did the Indian economy create nearly 13 million jobs in 2017?

The estimation of new jobs in EPFO data is tricky and has been discussed widely.

Updated on Sep 5, 2018, 12:54 PM IST

India’s job challenge: Options aplenty but well-paying ones elude workforce

The biggest reason for this is the employment-income mismatch in agriculture.

Updated on Sep 5, 2018, 12:52 PM IST

Indian economy grows 8.2% in Q1, highest in 15 quarters

India’s $2.6 trillion economy surpassed France’s in 2017 to be the world’s sixth largest.

Updated on Aug 31, 2018, 6:01 PM IST

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