Articles about Indian Economy

Majority of India's workforce has stopped looking for jobs: Report

25 Apr 2022

India
Majority of India's workforce has stopped looking for jobs: Report

The problem of job creation and unemployment in India is becoming worse with an increasing number of people quitting to even look for jobs.

China imposes lockdown amid COVID-19 surge; will it affect India?

22 Mar 2022

World
China imposes lockdown amid COVID-19 surge; will it affect India?

China has imposed lockdowns and severe restrictions in several provinces and cities in order to curb its largest-ever COVID-19 outbreak.

How Russia-Ukraine crisis may impact Indian economy?

23 Feb 2022

Business
How Russia-Ukraine crisis may impact Indian economy?

The simmering tensions between Russia and Ukraine have put the global economy on tenterhooks, with crude oil prices hitting an all-time high on Tuesday since September 2014.

$100T world economy in 2022; China #1 by 2030: Report

26 Dec 2021

Business
$100T world economy in 2022; China #1 by 2030: Report

The global economic output is set to surpass $100 trillion in 2022, two years earlier than previously forecast, said a report by the Centre for Economics and Business Research (CEBR).

India's richest 10% hold 57% of national income: Inequality Report

08 Dec 2021

Business
India's richest 10% hold 57% of national income: Inequality Report

India stands out as a "poor and very unequal country, with an affluent elite," according to the World Inequality Report 2022.

COVID-induced economic slowdown caused 1 lakh infant deaths in India

24 Aug 2021

World
COVID-induced economic slowdown caused 1 lakh infant deaths in India

India recorded a third of global excess infant deaths in 2020 due to COVID-induced economic slowdown, a World Bank study has found.

Spike in rural unemployment; urban unemployment rises marginally: CMIE

26 Jul 2021

Business
Spike in rural unemployment; urban unemployment rises marginally: CMIE

Rural India is witnessing a spike in the weekly unemployment rate, according to data from the Centre for Monitoring Indian Economy (CMIE).

Amid COVID-19 outbreak, India's GDP contracts 7.3% in FY2020-21

31 May 2021

Business
Amid COVID-19 outbreak, India's GDP contracts 7.3% in FY2020-21

As the second wave of COVID-19 has disrupted regular life, India's Gross Domestic Product (GDP) contracted 7.3% in the financial year 2020-21, data shared by the government showed on Monday.

Coronavirus: As second wave 'downsizes', economists warn of job crisis

28 May 2021

India
Coronavirus: As second wave 'downsizes', economists warn of job crisis

India on Friday reported 1.86 lakh new COVID-19 cases along with 3,660 more deaths. The number of new infections was the lowest in 44 days.

Economy will improve after a critical mass is vaccinated: Expert

18 May 2021

Business
Economy will improve after a critical mass is vaccinated: Expert

India's economy will do well once vaccination reaches a critical mass as pent-up demand, global recovery and easy financial conditions will boost activities, RBI's Monetary Policy Committee member Ashima Goyal said on Tuesday.

India's GDP to contract by 9.4% in FY21, says Fitch

08 Dec 2020

Business
India's GDP to contract by 9.4% in FY21, says Fitch

India's GDP will contract by 9.4% in the current fiscal year, Fitch Ratings said in its latest Global Economic Outlook on Tuesday.

Climate change may cost Indian GDP $200bn by 2030: Report

26 Nov 2020

Business
Climate change may cost Indian GDP $200bn by 2030: Report

The worsening effects of climate change may pose a massive risk of $200 billion to India's GDP (gross domestic product) by 2030, revealed a report by McKinsey Global Institute (MGI).

RBI Governor Shaktikanta Das happy with Indian economy's recovery

26 Nov 2020

Business
RBI Governor Shaktikanta Das happy with Indian economy's recovery

RBI Governor Shaktikanta Das is happy with the way the Indian economy is performing. On Thursday, he said that the pick-up in recovery has been stronger than expected.

Repo rate unchanged; RTGS payment will be available 24*7: RBI

09 Oct 2020

Business
Repo rate unchanged; RTGS payment will be available 24*7: RBI

RBI Governor Shaktikanta Das on Friday announced Monetary Policy Committee's decisions and spoke about the revival of the coronavirus-battered Indian economy.

COVID-19 Free Jobs Forum, a place to find work opportunities

04 Jul 2020

Business
COVID-19 Free Jobs Forum, a place to find work opportunities

COVID-19 has put a dent in the Indian economy, with several industries suffering and tens of thousands of people going out of work.

Ready to share cash transfer scheme with India: Pakistan PM

11 Jun 2020

World
Ready to share cash transfer scheme with India: Pakistan PM

Pakistan Prime Minister Imran Khan said he is ready to share his government's cash transfer program with India to help the latter with the fallout of the coronavirus outbreak.

#Lockdown2: Industry bodies want package of nearly Rs. 16L crore

15 Apr 2020

Business
#Lockdown2: Industry bodies want package of nearly Rs. 16L crore

As India's lockdown was extended for another nineteen days on Tuesday, several industry bodies asked the government to release a financial package to help them and revive growth in various sectors.

India to witness severe economic slump, says World Bank

12 Apr 2020

Business
India to witness severe economic slump, says World Bank

The spread of COVID-19, and the disruption ensuing from it, is likely to cause a sharp economic slump for India and neighboring countries, the World Bank said on Sunday.

Government planning another package to revive growth of coronavirus-stung economy

09 Apr 2020

Business
Government planning another package to revive growth of coronavirus-stung economy

The government plans to set up a fund with a corpus of Rs. 50,000-75,000 crore to revive industries, that have been battered due to the coronavirus pandemic.

People wearing jackets, pants, so there's no recession: BJP MP

10 Feb 2020

Politics
People wearing jackets, pants, so there's no recession: BJP MP

Amid the ongoing economic crisis, a member of BJP has exclaimed that people can still afford jackets and pants, hence, there is no recession.

Budget 2020: Nirmala Sitharaman presents budget amid economic slowdown

01 Feb 2020

India
Budget 2020: Nirmala Sitharaman presents budget amid economic slowdown

All eyes are on Finance Minister Nirmala Sitharaman as she is presenting her second budget today.

#CareerBytes: Everything about Class-12 Economics paper pattern, new marking scheme

15 Jan 2020

Career
#CareerBytes: Everything about Class-12 Economics paper pattern, new marking scheme

The 2020 CBSE Class-12 board examinations are set to commence from February 15 and go on till March 30.

Airports full, people getting married, hence, no slowdown: BJP leader

16 Nov 2019

Politics
Airports full, people getting married, hence, no slowdown: BJP leader

All numbers indicate that the Indian economy is going through one of its worst slowdowns, but for this Union Minister, everything is fine since people are getting married, and airports are full.

PM joked about media's "trap", says Nobel laureate Abhijit Banerjee

22 Oct 2019

India
PM joked about media's "trap", says Nobel laureate Abhijit Banerjee

After he met Prime Minister Narendra Modi on Tuesday, Nobel laureate Abhijit Banerjee said the PM joked about how media is trying to "trap" Banerjee into saying anti-Modi things.

#EconomicSlowdown: World Bank cuts India's growth rate projection to 6%

13 Oct 2019

Business
#EconomicSlowdown: World Bank cuts India's growth rate projection to 6%

The country's "well-learned" union ministers may want you to believe that there is no economic slowdown whatsoever, but data points otherwise.

India can become $5-trillion economy in 5 years: NDB President

18 Aug 2019

Business
India can become $5-trillion economy in 5 years: NDB President

KV Kamath, President of Shanghai-headquartered New Development Bank (NDB), said the Indian economy can become a $5-trillion economy in five years growing at an annual average rate of 10%.

NITI Aayog CEO says 'too many reforms' behind economic slowdown

03 Aug 2019

Business
NITI Aayog CEO says 'too many reforms' behind economic slowdown

Recently, data compiled by the World Bank revealed that India slipped to the 7th spot in the global GDP rankings of 2018.

Rising intolerance, hate crimes can damage economic growth: Adi Godrej

14 Jul 2019

India
Rising intolerance, hate crimes can damage economic growth: Adi Godrej

Billionaire industrialist Adi Godrej on Saturday warned that growing intolerance, moral policing, and hate crimes in the country could "seriously damage" India's economic growth.

#CareerBytes: Here's the updated UPSC syllabus for Civil Services Examination

20 Nov 2018

India
#CareerBytes: Here's the updated UPSC syllabus for Civil Services Examination

The UPSC Civil Services Examination (CSE) is one of the most challenging exams and its preparation process is a demanding task.

#CareerBytes: List of NCERT books to study for UPSC exam

14 Oct 2018

India
#CareerBytes: List of NCERT books to study for UPSC exam

Needless to say, UPSC exam preparation demands long-term, thorough and deep understanding of concepts.

#CareerBytes: Tips to crack the UPSC exam

06 Sep 2018

India
#CareerBytes: Tips to crack the UPSC exam

The UPSC Civil services exam is one of the toughest exams in India, thus thorough preparation and solid determination are the keys to cracking it.

GST anniversary: "Gamechanger" or "surgical strike"? Top leaders speak up

01 Jul 2018

Politics
GST anniversary: "Gamechanger" or "surgical strike"? Top leaders speak up

One year ago on this day, the country's tax regime underwent a drastic overhaul with the launch of the never-seen-before-in-India Goods and Services Tax (GST).

Army: Give 6 months to destroy PoK terror infrastructure

04 Oct 2016

India
Army: Give 6 months to destroy PoK terror infrastructure

Sources have stated that the heads of Indian armed forces have told the government they need at least 6 months to significantly damage terror infrastructure in PoK.

India v Pakistan: Tensions escalating - A war possible?

25 Sep 2016

India
India v Pakistan: Tensions escalating - A war possible?

The Uri attack on 18 Sep'16 by alleged Pakistan-backed terrorists has resulted in a lot of clamor in India.