Tata Motors was the largest spender on R&D in FY20 with investment of Rs 3,100 crore, which amounts to 7.10 per cent of its total revenue

The world's second-largest economy likely grew 5.2% in July-September from a year earlier, faster than the second quarter's 3.2%

Net interest income (NII) increased 16.7 per cent during the second quarter of FY21 to Rs 15,776.4 crore from Rs 13,515 crore in the corresponding quarter last fiscal

It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent

The Trump administration reported Friday that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion

An official statement from the PMO said the Grand Challenges Annual Meeting will convene this year virtually from October 19 to 21, bringing together policymakers and science leaders

Subramanian said GDP per capita is only an 'estimate' for one 'indicator' of the average standard of living in a country. He said that there are many other indicators that must be taken into account to grasp the bigger picture

The GHI severity scale determines hunger severity on a 100-point scale where zero is considered to be the best possible scale, i.e., no hunger and 100 is considered to be the worst

S&P's sovereign group managing director Roberto Sifon-Arevalo said that the immense costs of supporting health systems, firms and workers through the pandemic was fundamentally altering some countries' finances for the worse

The COVID-struck Indian economy is set to shrink by a colossal 10.3 per cent this year, the IMF said in its World Economic Outlook report titled 'A Long and Difficult Ascent'

Gopinath believes the recent passing of three new labour codes and farm reform bills will provide jobs, some direct support and pave the way for more demand while strengthening supply chain

IMF Chief Economist Gita Gopinath talks about the state of Indian and world economies in the age of Covid-19 and the road ahead. Explaining IMF's growth forecast for India. she throws light on what one can expect from the next quarter. This is the second downgrade for India by the IMF after it reversed its forecast of 1.9% growth in April to a 4.5% contraction in June for 2020-21. Watch the full interview.Also Read: Online furniture segment sees sudden spurt in growth post COVID-19

India's fuel demand recovered sharply in June from April before slowing due to the reimposition of restrictions in certain cities because of coronavirus and flooding in some regions

Several critical high-frequency indicators show that in August and September the improvements noticed in June and July reversed; high-frequency data, in any case, tells the story of organised sector but not unorganised sector contributing 45% to GDP

Labour Minister Santosh Gangwar in September said that efforts would be made to complete the labour reforms by implementing the all four labour codes by December 2020

According  to the report, the scheme prompted public sector banks to disburse 2.6 times higher loan amount to MSMEs in June 2020 over February 2020

The comments come amid a 10 per cent surge in UPI transactions by quantum of money transacted to Rs 3.29 lakh crore in September as against August this year, as more people switch to digital payments amid the pandemic

Speaking at a news conference here during the ongoing annual meeting of the IMF and the World Bank, Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India

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In its latest World Economic Outlook report, IMF estimated India's economy to contract 10.3 per cent in 2020, pushing it below Bangladesh in terms of per capita GDP