India Recession

Britain's members of Parliament will return to the House of Commons on Monday at the end of their summer recess and have been issued a warning note by the Speaker to dress appropriately in "business attire".

A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Kristalina Georgieva has said that after the worst global recession since the Second World War, the recovery is underway.

Buying was visible across the board as all the 11 sector gauges compiled by the National Stock Exchange ended higher.

Senior Congress leader P Chidambaram on Saturday attacked the government over the ongoing farmers'' protest, saying the reward to the farm sector for growing at 3.9 per cent in a recession year is to treat the protesting farmers as if they are enemies of the state.

Criticising the Centre over its stand on the ongoing farmer protest, Congress leader P Chidambaram on Saturday said that the reward to the farm sector for growing at 3.9 per cent in a recession year is to treat the protesting farmers as if they are enemies of the state.

The economy exited recession after two consecutive quarters of contraction as the gross domestic product growth expanded by 0.4 per cent in the October-December quarter

GDP Data: India had slipped into a technical recession during July-September when gross domestic product fell for two successive quarters

The Indian economy has exited recession after two consecutive quarters of de-growth as the gross domestic product (GDP) expanded by 0.4 per cent in the three months ended December 2020 as against a contraction of 7.3 per cent in the September quarter. India is among the few major economies to post growth in the last quarter of 2020. For the full ye...

As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.

India's economy looked ready to leave a sharp downturn behind in the new year, as business and consumer activity showed more signs of gathering momentum in January.

Two of the eight high-frequency indicators tracked by Bloomberg News improved last month, while five held steady and one deteriorated.

This was probably the toughest budget yet for Prime Minister Narendra Modi, as his government navigates the twin challenges of steering the $2.7-trillion Indian economy out of an unprecedented recession while ensuring more resources to fight the century's worst pandemic.

Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support

India's Services Sector: Asia's third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic levels soon, especially within the service industry

The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...

Britain's members of Parliament will return to the House of Commons on Monday at the end of their summer recess and have been issued a warning note by the Speaker to dress appropriately in "business attire".

A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Kristalina Georgieva has said that after the worst global recession since the Second World War, the recovery is underway.

Buying was visible across the board as all the 11 sector gauges compiled by the National Stock Exchange ended higher.

Senior Congress leader P Chidambaram on Saturday attacked the government over the ongoing farmers'' protest, saying the reward to the farm sector for growing at 3.9 per cent in a recession year is to treat the protesting farmers as if they are enemies of the state.

Criticising the Centre over its stand on the ongoing farmer protest, Congress leader P Chidambaram on Saturday said that the reward to the farm sector for growing at 3.9 per cent in a recession year is to treat the protesting farmers as if they are enemies of the state.

The economy exited recession after two consecutive quarters of contraction as the gross domestic product growth expanded by 0.4 per cent in the October-December quarter

GDP Data: India had slipped into a technical recession during July-September when gross domestic product fell for two successive quarters

The Indian economy has exited recession after two consecutive quarters of de-growth as the gross domestic product (GDP) expanded by 0.4 per cent in the three months ended December 2020 as against a contraction of 7.3 per cent in the September quarter. India is among the few major economies to post growth in the last quarter of 2020. For the full ye...

As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.

India's economy looked ready to leave a sharp downturn behind in the new year, as business and consumer activity showed more signs of gathering momentum in January.

Two of the eight high-frequency indicators tracked by Bloomberg News improved last month, while five held steady and one deteriorated.

This was probably the toughest budget yet for Prime Minister Narendra Modi, as his government navigates the twin challenges of steering the $2.7-trillion Indian economy out of an unprecedented recession while ensuring more resources to fight the century's worst pandemic.

Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support

India's Services Sector: Asia's third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic levels soon, especially within the service industry

The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...