Macro Economy

About half of India’s trucks are parked up without work; oil-product consumption in FY2021 seen at 90 per cent of last year, the lowest since 2016, say industry players

But, the economic crisis could spur the economy to a high-growth track and create 90 million jobs over the next decade, says the report

“Few industries that are actively hiring during this time are those working directly with the vulnerable category of people”

High frequency indicators that have arrived so far in the wake of the pandemic point to a retrenchment in economic activity that is unprecedented in ...

Stressed sectors could use a lowering of taxes, but it will hit government revenues hard

Drop in prices to hit maize, cotton, vegetables

July saw contraction in consumption and flatlining of power generation

Loans sanctioned cross ₹1.50 lakh crore

Rising cost of home ownership, increased migration are the demand drivers

Calls for more reforms in health, land, labour and financial sectors to counter the impact of the pandemic

Strict lockdown, Covid spread in key metro cities behind trend: RateGain

The Ministry of Skill Development and Entrepreneurship (MSDE) will soon come up with a demand-driven skilling portal “I want to skill myself”. The ...

Medical & surgical equipment, ceramics, construction & building material, agriculture, electrical machinery are the focus sectors

Experts hail PM’s announcement of honouring the taxpayers

Outward foreign direct investment (OFDI) comprising equity, loan and guarantees issued by Indian companies dropped to $5.724 billion in the first four ...

The month recorded 77 deals

But still in stuck in contraction zone

State oil firms say they will 'abide' by revised ‘Make in India’ policy on procurement of services below ₹200-crore value

A ‘focussed group’ of key officials to look at problems raised by Japanese Trade Minister, trade body

“Our exports have almost reached last year’s July level with 90 per cent of our exports of July 2019 having come back”

Pranurja Solutions to set up exchange; promoters to cut shareholding to not more than 25%

Stricter quality norms, more import licences among options; domestic MSME needs, WTO rules to be kept in mind

India has the potential to increase its agricultural exports to $70 billion from the current $40 billion in a few years, if it invests $8-10 billion ...

The lifting of the lockdown since June (when Unlock 1.0 started) has led to better output for the eight core industries that month, although the ...