Economy News

Beer hug in times of distancing; Japanese Kirin bets $30mn on Indian Bira

The investment will allow Bira to break even from the losses registered due to pandemic, said Bira CEO Ankur Jain

Jan 5, 2021

India gets $500 million World Bank loan for Green National Highways Corridors Project

The World Bank loan helps to modernize national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh for safety, environment, besides taking up a study of climate resilience of about 5,000 km of the National Highway network

Dec 23, 2020

NRI billionaire Bavaguthu Raghuram Shetty

Once billionaire BR Shetty's company sold for ONE dollar; it used to be worth $2 billion

This is the story about Indian billionaire BR Shetty's company Finablr Plc, which is getting ready to sell its business to an Israeli-UAE consortium for a shocking $1.

Dec 20, 2020

Bull Run to continue in 2021; Sensex to touch 50,000 next year: BNP Paribas

Indices at Dalaal Street have witnessed a bull run in the past few months and the performance is expected to sustain next year also, says BNP Paribas.

Dec 14, 2020

RBI keeps repo rate unchanged at 4%, projects real GDP growth for 2021 at -7.5%

The Reserve Bank of India (RBI) has revised the real GDP growth projection for FY21 upwards to (-) 7.5 per cent on the back signs of faster recovery after the narrowing of the GDP contraction for the July-September, along with hopes of Covid-19 vaccines.

Dec 4, 2020

India's Q2FY21 GDP contracts 7.5%, technical recession confirmed | All you need to know

Even though India's economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country, for the very first time since Independence, entered into a technical recession.

Nov 28, 2020

Fifteen Asia-Pacific countries sign world's biggest free trade deal, India opts out; here's why

Asia Pacific nations including China, Japan and South Korea on Sunday signed the world's largest regional free-trade agreement, encompassing nearly a third of the world's population and gross domestic product.

Nov 15, 2020

Indian Economy has entered first-ever technical recession [what it means]

Indian Economy is going through its toughest phase as the GDP numbers are tumbling due to severe lockdown. Scroll down to know more.

Nov 12, 2020

Rupee at over two-month low as early results show tight US vote

The Indian rupee weakened to its lowest level since late August on Wednesday, tracking a decline in other emerging market currencies, after the dollar pared losses as early results in the U.S. presidential election showed a very tight race.

Nov 4, 2020

'GDP' out of control of government; Congress attacks BJP

The Congress alleged that the inflation rate for vegetables was 22.71 per cent and for pulses and others, 13.69 per cent.

Nov 2, 2020

India's finance minister paints grim picture of economic growth in FY21

Finance Minister Nirmala Sitharaman also noted that signs of revival are visible now and India would be among the fastest-growing nations in the next fiscal.

Oct 28, 2020

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said.

Oct 20, 2020

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Economy News

Beer hug in times of distancing; Japanese Kirin bets $30mn on Indian Bira

India gets $500 million World Bank loan for Green National Highways Corridors Project

Once billionaire BR Shetty's company sold for ONE dollar; it used to be worth $2 billion

Bull Run to continue in 2021; Sensex to touch 50,000 next year: BNP Paribas

RBI keeps repo rate unchanged at 4%, projects real GDP growth for 2021 at -7.5%

India's Q2FY21 GDP contracts 7.5%, technical recession confirmed | All you need to know

Fifteen Asia-Pacific countries sign world's biggest free trade deal, India opts out; here's why

Indian Economy has entered first-ever technical recession [what it means]

Rupee at over two-month low as early results show tight US vote

'GDP' out of control of government; Congress attacks BJP

India's finance minister paints grim picture of economic growth in FY21

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

Bangladesh about to overtake India's per capita GDP in 2020: IMF

From thinking about the next new normal to making it work: Outbound Midst The Pandemic

LTC cash voucher, Rs 10,000 festival advance: How central govt employees benefit | Details inside

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react