RBI Report On Impact Of Climate Change On Economic Growth, Stability
The Reserve Bank of India (RBI) has focused on climate change as the primary theme…
Reserve Bank of India
Dalit Women Face Bias Even In Schemes Meant To Help Them
Seema and her husband did quite well when they first opened a samosa stall in…
Double Whammy: Inflation Rises To 7%, Factory Output Plunges
In a double whammy of sorts for the Indian economy, retail inflation accelerated to 7…
Economy Set For Near Double-Digit Contraction: Reuters Poll
The Indian economy will suffer its deepest contraction on record this fiscal year and recent…
Eye-Watering Problem: Optician’s Claim Threatens Nation’s Banks
When business evaporated at Gajendra Sharma’s eyeglass shop a couple of miles from the Taj…
Government To Infuse $2.72 Bn In State-Run Banks
The government has sought Parliamentary approval to inject Rs 200 billion rupees ($2.72 billion) in…
Recovery To Take Time After Economy Shrinks 24% In June Quarter
India’s economy shrank by nearly a quarter in April-June, much more than forecast and pointing…
Economy Likely To See Record Quarterly Slump As Pandemic Hits
India’s economy likely suffered its largest quarterly slump on record, data is expected to show…
‘Economy More Resilient Now Vs. Global Financial Crisis’
The Indian economy remains much stronger amid the coronavirus pandemic than it was during the…
Recovery Hopes Dashed For Recession-Hit Economy
India’s deepest recession on record will linger through the rest of this year and begin…
Farmers Driven To Debt As Banks Turn Risk-Averse In Pandemic
Last month, Dnyaneshwar Siddhanth, a farmer from Maharashtra, was in desperate need of money to…
India’s Gloomy Outlook Darkens, Recovery Path In Doubt
The outlook for India’s reeling economy has worsened again as business activity slows and COVID-19…
India To Reduce No. Of State-Owned Banks To Just 5: Sources
India is looking to privatise more than half of its state-owned banks to reduce the…
Economy Slows In March Quarter, Worst Yet To Come
India’s economy grew at 3.1% in the January-March quarter, its slowest pace in at least…
RBI Cuts Rates Again To Soften Coronavirus Blow
The Reserve Bank of India (RBI) on Friday slashed its key policy rate for a…
Covid-19 Has ‘Drastically Altered’ Growth Outlook: RBI
The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the…
States Scramble For Funds As Virus Takes Toll On Coffers
A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning…
Scammers Try To Sell “Statue Of Unity”
Police in India lodged a case this week against an unknown online fraudster who tried…
Covid-19: RBI Cuts Rates As Distress Mounts Across South Asia
The Reserve Bank of India (RBI) slashed interest rates in an emergency move on Friday…
Bruised Economy To Be Battered Further By Covid-19: Poll
India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow…
Yes Bank Debacle Jolts Customers And Partners
Shares in Yes Bank plunged on Friday as panicky depositors rushed to withdraw funds and…
Panicked Yes Bank Patrons Rush To Withdraw Funds
Shares in Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw…
SC Quashes RBI Banking Ban On Cryptocurrency
The Supreme Court on Wednesday allowed dealing in cryptocurrency, quashing an earlier ban imposed by…
Eco Growth Slows, With Coronavirus Impact To Come
India’s economy expanded at its slowest pace in more than six years in the last…
Economy To Bounce Back As Slump Bottoms Out
Indian economic growth is poised to bounce back after slipping to a more than six-year…