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Reuters
September 18, 2020
Alfonso Garcia Mora, Vice President for Asia and the Pacific of the International Finance Corp (IFC), said bankruptcies were expected to rise by 30% because of the economic crisis caused by the new coronavirus pandemic


Rupa Burman Roy
September 17, 2020
Overseas, equity markets traded mostly lower after FOMC said it would likely hold rates near zero until 2023 given the current inflation and employment situation


BusinessToday.In
September 17, 2020
Hashtag #NationalUnemploymentDay started trending after Congress leader Rahul Gandhi, who earlier today wished PM Modi happy birthday, released another tweet citing unemployment situation in the country


Prasanna Mohanty
September 17, 2020
It would be naive to expect agriculture providing jobs to about 43% of the workforce and sustaining 70% of the population living in rural India with a meagre share of 14.5% in national income (GDP) to drive growth, especially when it is going through unprecedented job and income loss


BusinessToday.In
September 17, 2020
India Stock Market Highlights Today: ICICI Bank, HDFC Bank, PowerGrid, Bajaj Auto, Kotak Bank, Axis Bank and L&T were among the top losers today on the Sensex pack. On the other hand, HCL Tech, Tech Mahindra, Asian Paints, ONGC and Infosys were among the gainers


BusinessToday.In
September 16, 2020
Asian markets that traded mixed earlier, retreated to bullish momentum by the afternoon session today, as market participants awaited the outcome from the Federal Reserve concluding its two-day policy meeting on Wednesday.


Rupa Burman Roy
September 16, 2020
Gold, Silver prices today:  On the Multi Commodity Exchange, Gold October Futures gained Rs 166 at Rs 51,935, after hitting an intraday high of Rs 51,943 against the previous close of Rs 51,769 per 10 gm.


BusinessToday.In
September 16, 2020
India Stock Market Highlights Today: M&M, followed by Bajaj Auto, Maruti, L&T, Tata Steel, UltraTech Cement and Nestle India were among the top gainers on Sensex pack today. On the other hand, HCL Tech, Axis Bank, ICICI Bank, Bajaj Finance and SBI were among the laggards


BusinessToday.In
September 15, 2020
Singh's address will be the Modi government's first official statement over the current standoff between Indian and China along the LAC (line of actual control) in eastern Ladakh


Prasanna Mohanty
September 14, 2020
Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery


BusinessToday.In
September 14, 2020
\"I remain confident that India's long-term growth potential remains intact despite the COVID setback. The IMF also has estimated that the Indian economy will rebound to 6 per cent in FY22,\" Birla said


BusinessToday.In
September 12, 2020
The GST Council meeting comes hot on the heels of the ongoing conflict between states and the Centre over the issue of Rs 2.35 lakh crore GST shortfall


BusinessToday.In
September 11, 2020
Moody's said that India's credit profile has been impacted by low growth, high debt burden and weak financial system, while these risks have been exacerbated by the coronavirus pandemic


Prasanna Mohanty
September 11, 2020
Part II of this two-part article continues to relook at misadventures that derailed the Indian economy, threatening dreams of millions of \"aspirational\" Indians. Instead of a serious and meaningful debate, India continues to grapple with constant and systemic \"misdirection\" in multiple sense of the word


Prasanna Mohanty
September 10, 2020
This is Part I of two-part article revisiting critical economic decisions that eventually led to minus 23.9% growth in Q1 of FY21. Blaming exogenous factors (pandemic) or intense lockdown is merely an excuse to divert attention from government's ineptitude and thwart meaningful debate


BusinessToday.In
September 9, 2020
Fitch Ratings says India's GDP will contract by 10.5 per cent in FY21 vs its earlier projection of 5%; India Ratings also believes economy would contract by 11.8 per cent in FY21 against its earlier projection of 5.3%


PTI
September 8, 2020
In its September update to the Global Economic Outlook (GEO), Fitch Ratings cut its 2020 GDP forecast for emerging markets, excluding China, to (-)5.7 per cent, from (-)4.7 per cent estimated in June


PTI
September 7, 2020
US Treasury Secretary Steven Mnuchin said for no fault of any American businesses, the president made a very difficult decision to shut down the entire US economy because of the terrible COVID disease


PTI
September 5, 2020
Biden alleged that the president has badly botched the COVID-19 response. One cannot deal with the economic crisis until one beats the pandemic, he said


BusinessToday.In
September 4, 2020
Despite weak cues, the domestic unit opened on a strong note at 73.38 against the US dollar at the interbank forex market and gained further to quote at 73.35 per dollar


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