Economy News
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Cabinet approves Minimum Support Prices (MSP) for 14 kharif crops
The expected returns to farmers over their cost of production are estimated to be highest in case of Bajra (83%) f... India Infoline News Service | Mumbai 08:48 IST | June 02, 2020
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Cabinet approves Rs20,000cr subordinate debt for stressed MSMEs
In the package announcement, the definition of micro-manufacturing and services unit was increased to Rs1cr of inv... India Infoline News Service | Mumbai 08:38 IST | June 02, 2020
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Moody's downgrades India's ratings to Baa3, maintains negative outlook
The negative outlook reflects dominant, mutually-reinforcing, downside risks from deeper stresses in the economy a... India Infoline News Service | Mumbai 08:26 IST | June 02, 2020
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Lack of direct demand stimulus may jeopardise economic recovery in medium-term: Ind-Ra
Ind-Ra believes an appropriate demand-side measure is as important as supply-side measures....
India Infoline News Service | Mumbai 13:28 IST | June 01, 2020
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India Manufacturing PMI at 30.8 in May; Business sentiment remains subdued
Lower production requirements saw Indian manufacturers continue to reduce worker numbers in May.... India Infoline News Service | Mumbai 11:21 IST | June 01, 2020
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India will serve as the pharmacy of the world: Ashwini Kumar Choubey
Amit Jain, Co-Founder & CEO, CorpGini, expressed happiness with the governments support for innovation and sai...
India Infoline News Service | Mumbai 09:51 IST | June 01, 2020
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Eight core infra sector output contracts by 38.1% in April
The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (I... India Infoline News Service | Mumbai 08:31 IST | June 01, 2020
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India's Q4 GDP growth rate slows to 3.1%
Data released by the statistics department showed on Friday gross domestic product (GDP) grew at 4.2% in the year ... India Infoline News Service | Mumbai 08:15 IST | June 01, 2020
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Covid-19 poses serious threat to global financial stability: FM notes in FSDC meet
Apart from Sitharaman, the council included members like RBI governor Shaktikanta Das and Ajay Tyagi, Chairperson ... India Infoline News Service | Mumbai 08:58 IST | May 29, 2020
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Covid-19 damages India's economic growth, seen at mere 0.8% in FY21: Fitch
Fitch revises down the country's economic growth forecast to a mere 0.8% in FY21.... India Infoline News Service | Mumbai 13:51 IST | May 28, 2020
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India at the brink of a worst recession since Independence; CRISIL sees FY21 GDP to contract 5%
CRISIL says, "The recession staring at us today is different."... India Infoline News Service | Mumbai 17:01 IST | May 27, 2020
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States fiscal deficit may rise to 4.5% of GDP: market borrowing seen at Rs8.25 lakh cr in FY21
As per the budgeted estimate for FY21, revenue and fiscal deficit are set at 0.02% and 2.5% of GSDP.... India Infoline News Service | Mumbai 16:34 IST | May 26, 2020
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BWR believes the reverse repo rate cut should be much higher than the repo rate cut to discourage banks from parki... India Infoline News Service | Mumbai 09:14 IST | May 26, 2020
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In the previous closing, the rupee ended at 75.61 against dollar index.... India Infoline News Service | Mumbai 12:27 IST | May 22, 2020
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RBIs 2nd booster shot to economy amidst COVID-19
Home loan interest rates have already gone down substantially over the last year, and are presently at an all-time...
India Infoline News Service | Mumbai 11:30 IST | May 22, 2020
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Reactions of Industry experts on RBI announcements
The reverse repo rate (the interest rate at which the central bank absorbs surplus funds from banks) has been cut ... India Infoline News Service | Mumbai 11:17 IST | May 22, 2020
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RBI Press Conference LIVE: RBI cuts repo rate by 40bps to 4%
As per media reports, the central bank may extend a moratorium on payment of all term loans.... India Infoline News Service | Mumbai 10:02 IST | May 22, 2020
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Finance Ministry grants Rs46,038cr as states share in taxes for May month
For current fiscal FY21, the government has projected states share in taxes at Rs7.84 lakh cr.... India Infoline News Service | Mumbai 16:12 IST | May 21, 2020
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India's GDP growth in FY21 depends on Covid-19 intensity
As of today, India has a whopping 112,000 positive Covid-19 cases with 3,435 deaths.... India Infoline News Service | Mumbai 15:23 IST | May 21, 2020
