PM Modi says despite the fact that the country's plans were shattered by the pandemic, it'll try and run faster next year to make up for the losses in the current year

According to a Confederation of Indian Industry (CII)- CARE Ratings knowledge paper, the fresh investments required to take the Indian economy to this level would amount to Rs 498 lakh crore over a seven-year period, between 2021-2027

Rangarajan said RBI's monetary policy is \"consistent\" under the present circumstances and as a result banks have adequate liquidity for more lending

Rangarajan and India EY India chief policy advisor D K Srivastava in a paper titled 'India's Growth Prospects and Policy Options: Emerging from the Pandemic's Shadow' stated that the story of the Indian economy as it unfolds under the impact of COVID-19 is disquieting

To get to per capita income levels of developed countries, India needs to grow at 8 to 9 per cent per annum for 22 years; that is the kind of challenge we have in this country, said former RBI governor C Rangarajan

India is not short on corporate frauds, industrial disputes and accidents but it is very rare when a CEO takes time out to say sorry

He feels provision for some kind of cash dispensation is necessary, saying the government could cut some other expenditures, perhaps towards administration or travel

In India, it's been a waiting and guessing game. To many, the inordinate delay in announcing the second stimulus is worrying, intriguing - even frustrating

India badly needs a stimulus. Here's how to find the money

Yes Bank News Updates: In the reconstruction scheme for YES Bank, the government has said that the SBI is willing to investment in the troubled private lender

Analysts attribute a sharp plunge in India's GDP in the first and second quarters of FY 20 -- 5 per cent in April-June and 4.5 in July-September quarter -- for a delay in achieving the target

PM Modi said that the BJP government cared for a better future and hence started the Swachh Bharat Abhiyaan. The PM said that they would now focus on the Jal Jeevan mission

Slowdown Blues: As per ICRA, the performance of seven out of 18 economic indicators in October worsened, while 11 displayed sequential improvement in their year-on-year (YoY) performance

Q2 GDP growth rate: India's swift growth is not only significant for the country but for the world economy too as India accounts for 7.7 per cent of the world GDP

As per the United Nations System of National Accounts (UN SNA)-2008, the member countries are required to revise the base year of their macro-economic indicators

Ind-Ra said that even GDP growth of 5.6 per cent will \"require heavy lifting by the government\". It warned that sticking to the fiscal deficit target of 3.3 per cent could push GDP growth even below 5.6 per cent

As much as Rs 1,05,599 crore was given towards new term loans while Rs 46,800 crore was disbursed as new working capital loans, the Department of Financial Services said in a statement

ICRA also forecast the country's gross value added (GVA) at basic prices in year-on-year (YoY) basis to 4.5 per cent respectively in the quarter ending September of FY2020

Former RBI governor C Rangarajan said that if at all the GDP becomes a $5-trillion gorilla, India's per capita income will grow around Rs 2.58 lakh up from the present around Rs 1.29 lakh, leaving us still in the low-middle income country bracket

The RBI has already created a unified department of supervision and a unified department of regulation from November 1 this year