Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Wednesday, October 28, 2020

economy-2

China's economy accelerates as coronavirus recovery gains strength

Beijing: China's economic growth accelerated to 4.9 per cent over a year earlier in the latest quarter as a shaky recovery from the coronavirus pande...

RBI keeps policy rate unchanged at 4%

Mumbai: Maintaining status quo for the second time in a row, the Reserve Bank of India on Friday decided to keep benchmark interest rate unchang...

GST compensation due to states at Rs 1.51 lakh cr

New Delhi: The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over...

ADB says India's economy to contract by 9% in FY21

New Delhi: India's economic growth will contract by 9 per cent in the current fiscal as the coronavirus pandemic weighs heavily on economic activity ...

U.S budget deficit hits record $3 trillion

Washington: The U.S budget deficit hit an all-time high of 3 trillion for the first 11 months of budget year, the Treasury Department said. The ocean...

States stare at Rs 2.35 lakh cr GST revenue shortfall

New Delhi: Amid a chorus by non-NDA ruled states for compensation of GST revenue shortfall, the Centre on Thursday presented two options to states un...

RBI pushes loans against gold to 90% of value

  Mumbai: In his bi-monthly monetary policy address on Thursday, Reserve Bank of India (RBI) Governor Shaktikanta Das announced easing of gold lo...

Infrastructure push can re-ignite economic growth: RBI Governor

New Delhi: RBI Governor Shaktikanta Das made a strong case for stepping up investments in the infrastructure sector to restart the economy reeling un...

Economy showing signs of getting back to normalcy: RBI Governor

Mumbai: The Indian economy has started showing signs of returning to normalcy in response to the staggered easing of lockdown restrictions, RBI Gover...

India's trade deficit with China reduces to USD 48.66 bn in FY20

New Delhi: India's trade deficit with China fell to USD 48.66 billion in 2019-20 on account of decline in imports from the neighbouring country, acco...

Small savings scheme, PPF rates remain unchanged

New Delhi: The government has decided to keep the interest rates on small savings schemes or post office schemes including Public Provident Fund (PPF...

Gross tax collection falls 31% so far in June quarter

Mumbai: Gross tax collection fell 31 per cent till June 15 of the current fiscal, with advance corporate tax mop-up declining 79 per cent, an officia...

WPI inflation falls 3.21% in May

New Delhi: Wholesale prices in the country witnessed a deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as fo...

U.K economy shrinks 20.4% during April lockdown

London: Official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its coronavi...

German exports down nearly a quarter in April

Berlin: German exports plunged by nearly a quarter in April compared with the previous month as coronavirus shutdowns dragged down demand, official d...

Sensex surrenders early gains, ends 63 pts lower

Mumbai: Equity benchmark Sensex gave up all the day's gains to end 63 points lower on Tuesday as spiking number of COVID-19 cases in the country crea...

RBI chief says GDP growth in 2020-21 likely to be in negative

Mumbai: The Reserve Bank on India (RBI) said India's gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of ...

Inflation outlook highly uncertain: RBI Governor

Mumbai: Reserve Bank Governor Shaktikanta Das said the inflation outlook is highly uncertain due to the outbreak of the COVID-19 pandemic and express...

SEBI urges companies to reveal COVID-19 impact on business

Mumbai: India’s markets regulator SEBI directed companies that have publicly traded securities, including shares and bonds, to disclose broad-r...

COVID-19: Global economy could witness losses worth up to $8.8 trillion

New Delhi: The global economy is expected to suffer $5.8-8.8 trillion in losses due to the coronavirus pandemic, the Asian Development Bank (ADB) sai...