Subramanian explains how after the NBFC crisis, banks turned cautious and stopped lending to small businesses, leading to a major fall in credit flow from Rs 20-lakh crore in FY19 to 'virtually nothing' in current fiscal

Chidambaram says the FY20 will most likely end with less than 5 per cent of the economic growth, which as per old methodology, he says, will be \"around 3-3.5 per cent growth rate\"

Economists and analysts see a slow and arduous economic revival from here. But some say it can be accelerated

As the head of one of India's largest consumer electric companies, Anil Rai Gupta believes employees matter more than revenues, profits or market share

Rajan pointed out that extreme centralisation, coupled with lack of empowered ministers and a coherent guiding vision meant reforms picked up steam only when PMO focused on them and lost pace when its attention switched to other pressing issues

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The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health

The government is clueless on the economy, it is stubborn and mulish in defending catastrophic mistakes like demonetisation, flawed GST, tax terrorism, says the former Union minister

Senior Bajaj at an award function on Saturday in Mumbai had said there was an \"atmosphere of fear\" and people were afraid to criticise the Modi government

The company, which had seen a revenue jump of over Rs 10,000 crore between 2011 and 2017 on the back of array of products such as toothpaste, soaps, atta, honey and ghee, suddenly seems to have much less visibility

The credibility of India's statistical system is at stake because of the commissions and omissions ever since the 2011-12 series was announced in January 2015 and continued through multiple revisions in GDP numbers until now that dent public confidence

Congress leader Jairam Ramesh says the Modi government wants to change the GDP base year only to make its second term look good after demonetisation and GST

US court retains work permits for H-1B visa holders' spousesIn a temporary respite to Indians living in America, the proposed work ban on spouses and relatives of H-1B visa holders will not be enforced for the time being. A US court has refuse to reverse, for now, a 2015 rule issued by former (US) President Barack Obama that permits spouses of H-1B visa holders to work in America.Saudi Aramco IPO to begin on Nov 17; prospectus flags terrorism, antitrust law as risksSaudi state oil...

The RBI data on Friday showed the currency with the public grew 15.2 per cent to Rs 21.59 lakh crore as of the fortnight to October 25, as against Rs 17.97 lakh crore on November 4, 2016

In September quarter of financial year 2016-17, public cash was valued at Rs 16.56 lakh crore. The very next quarter, which saw Rs 500 and Rs 1,000 notes being banned, currency with public nosedived 47 per cent sequentially to 7.85 lakh crore

Three years of demonetisation: Tharoor sought an apology from PM Modi stating that democracies don't burn people alive, but a simple apology for the decision would go a long way

Moody's lowers India's outlook to 'negative'; economy's fundamentals robust, says govtAfter Moody's Investors Service Friday changed its outlook on India's ratings to \"negative\" from \"stable\" over the country's economic slowdown, the government said it had undertaken series of reforms to strengthen the economy as a whole and that these measures would lead to a positive outlook on India. Incidentally, Moody's change in its India outlook coincides with the Prime Minister Narendr...

Nearly a third of the respondents (32%) in the latest survey concurred with this view holding demonetisation responsible for many workers in the unorganised sector losing their incomes