In its 'Global Macro Outlook 2021-22 report, Moody's says India's economy has rebounded quickly from one of the world's longest and most stringent lockdowns, which also came with steepest fall in GDP in Q2

Foreign portfolio investment (FPIs) pumped in Rs 24,204 crore into Indian equities and Rs 761 crore in the debt segment, taking the total net investment to Rs 24,965 crore during February 1-19

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

Stock Market News Updates Today: ONGC, SBI, Power Grid, RIL, NTPC, ITC, Tech Mahindra, Infosys, RIL, TCS and IndusInd Bank were among the top gainers. On the other hand, Axis Bank, Bajaj Finserv, HDFC Bank, HUL, HDFC, Airtel and L&T were among the top losers today

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

In general, the United States welcomes steps that would improve the efficiency of India's markets and attract greater private sector investment, a State Department spokesperson said

IMF's report had said that aggressive policy measures amidst the pandemic helped prevent worse outcomes during the recession.

With a cohesive effort from both public and private players, the Indian bio-pharma industry has the potential to unlock tremendous growth over the next few years

For people to benefit, the budget needs overhauling to create jobs; revive small businesses; address poverty and health and education deprivations. Pursuing the existing paradigm of growth may push GDP and stock markets up without improving the living standards of the vast majority

Here's what different agencies predict on India's economic growth

While presenting the Economic Survey for 2020-21, Subramanian said India's ability and willingness to pay its debt is second to none in the world and the ratings should reflect that

This Budget will be game changer says BJP spokesperson Gopal Krishan Agarwal

Economic Survey 2020-21: These projections are in line with IMF estimate of real GDP growth of 11.5 per cent in 2021-22 for India and 6.8 per cent in 2022-23

Gopinath says government should carry on cash support to poor people in this financial year as well. She says Centre should focus on expanding employment guarantee scheme MGNREGA

Nifty 50, that is already trading in the overbought zone, fell from the key level of 14K today. With today's fall, the equity market has turned negative year-to-date as Sensex and Nifty fell 0.71 and 0.16%, respectively

Gopinath says India's strict lockdown had an impact on the economy, including a very large contraction in first quarter of fiscal year

The IMF revised higher the forecast for India's growth in 2021 by 2.7 percentage points.

First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

There is a need to re-accelerate the economic growth... Indian economy is likely to contract to 7.5 per cent in 2020-21. But it will grow in double-digit in the next fiscal year, he said

Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...