Growth in eight core sectors of India slipped to 2.1 per cent during July, in comparison to 7.3 per cent during the corresponding month last year. Crude oil was the worst hit with a decline of 4.4 per cent

In a weakening economy, rising indebtedness could cause problems

Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment growth and sluggish demand, according to economists polled by Reuters.

Dumping money in sick state-run enterprises, recapitalising public-sector banks, incentivising exports would not be prudent use of what used to be RBI's rainy day reserves. Instead, these funds can be better used to drive the sole growth engine of Indian economy that is still firing

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment growth and sluggish demand

Running to the government cap in hand, at the first signs of a business downturn, hardly behoves such well-established industrial giants.

Two successive finance ministers, Piyush Goyal in Interim Budget and Nirmala Sitharaman in Budget 2019, missed golden opportunities to revive the consumption cycle. It has cost the Indian economy two precious quarters, probably more

Global vehicle production is falling at the fastest rate since the financial crisis - depressing manufacturing output, freight and the consumption of oil and other commodities.

According to CRISIL report, the slowdown would be pronounced in the first half, while the second half is expected to find support from expected monetary easing, consumption, and statistical low-base effect

This time around the dairy major has challenged the likes of Britannia, ITC Foods and Parle Products on the authenticity of their butter cookies

The shortage of funds is threatening key sectors of the economy. What the government needs to do to fix it

Allahabad Bank hit by fraud of Rs 688 crore by SEL ManufacturingState-owned Allahabad Bank said it has been hit by a fraud of Rs 688.27 crore by SEL Manufacturing and the matter is before the National Company Law Tribunal.Last week, the Kolkata-headquartered lender had disclosed to the RBI about a fraud of Rs 1,774.82 crore by Bhushan Steel and Power Ltd., alleging diversion of funds from banking system by the company.Bill Gates no longer 2nd richest person in world; Jeff Bezos rema...