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Sat, 28 Mar 2020

Northeast Today

Economy

 Hot News
    GDP likely to grow just 2% in 2020-21: Icra

GDP likely to grow just 2% in 2020-21: Icra

Despite the Reserve Bank of India’s (RBI) massive actions to spur the economy, India’s gross domestic product (GDP) is likely to contract by 4.5 per cent in the April-June 2020

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    Coronavirus impact: Fitch cuts India growth forecast to 5.1% for FY21

Coronavirus impact: Fitch cuts India growth forecast to 5.1% for FY21

Fitch Ratings on Friday cut India’s growth forecast to 5.1 per cent for FY 2020-21, saying the coronavirus outbreak is likely to hit business investment and exports. Fitch had in

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    BS-VI transition, economic slowdown drag auto sales down 19.8% in Feb

BS-VI transition, economic slowdown drag auto sales down 19.8% in Feb

Automobile sales in India across categories declined 19.08 per cent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms

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    Sensex plunges 894 points, Nifty below 11,000 as Yes Bank, coronavirus take toll

Sensex plunges 894 points, Nifty below 11,000 as Yes Bank, coronavirus take toll

Market benchmark Sensex plunged 894 points on Friday following intensifying rout in global stocks on coronavirus concerns, while the regulatory curbs on Yes Bank further soured sentiment. After nosediving over

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    OECD lowers India’s FY21 GDP growth to 5.1 pc on coronavirus concerns

OECD lowers India’s FY21 GDP growth to 5.1 pc on coronavirus concerns

Global agency OECD on Monday lowered its India’s GDP growth forecast to 5.1 per cent from the earlier projection of 6.2 per cent for 2020 on concerns of impact of

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    FM asserts resurgent economy will make govt go forward with more confidence

FM asserts resurgent economy will make govt go forward with more confidence

Union Finance Minister Nirmala Sitharaman has said that the economy is doing well in the difficult circumstances and this will make the government go forward with more confidence. Speaking at

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New Zealand recognizes India as one of the fastest growing economies: Deputy PM Winston Peters

  New Zealand recognizes India as one of the fastest growing economies: Deputy PM Winston Peters

Deputy Prime Minister and Minister of Foreign Affairs of New Zealand Winston Peters said that his country recognizes India as

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Investor sentiment not dampened by Delhi violence, anti-CAA protests: FM

  Investor sentiment not dampened by Delhi violence, anti-CAA protests: FM

Union Finance Minister Nirmala Sitharaman on Thursday said that investor sentiment has not dampened after the anti-CAA protests and the

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India’s economy likely grew 4.7% in December quarter

  India’s economy likely grew 4.7% in December quarter

Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in

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India becomes 5th largest economy, overtakes UK, France: Report

  India becomes 5th largest economy, overtakes UK, France: Report

NET Bureau India emerged as the world’s fifth largest economy by overtaking the UK and France in 2019, says a

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Simplified return for GST from April 2020: FM

  Simplified return for GST from April 2020: FM

NET Bureau A simplified return format for GST is being introduced from April 2020, Finance Minister Nirmala Sitharaman said on

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Banking sector under stress, govt can’t bail it out, says Abhijit Banerjee

  Banking sector under stress, govt can’t bail it out, says Abhijit Banerjee

NET Bureau Nobel laureate and economist Abhijit Banerjee on Sunday said the banking sector in the country was “stressed” and that the

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Prepare for attack by govt ministers on IMF, Gita Gopinath: Chidambaram on growth forecast

  Prepare for attack by govt ministers on IMF, Gita Gopinath: Chidambaram on growth forecast

NET Bureau With the IMF lowering India’s economic growth estimate for the current fiscal to 4.8 per cent, senior Congress

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Bangladesh: prospects underlying its booming economy

  Bangladesh: prospects underlying its booming economy

The Asian Development Bank ranked Bangladesh as the fastest-growing economy in the Asia-Pacific region, surpassing China, Vietnam and India. Better

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After 5% growth estimates, Prime Minister Narendra Modi seeks suggestions on Budget

  After 5% growth estimates, Prime Minister Narendra Modi seeks suggestions on Budget

NET Bureau A day after the modest 5 per cent growth estimates by the government, Prime Minister Narendra Modi on

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Govt slashes import duty on crude, refined palm oil, move to hurt refiners

  Govt slashes import duty on crude, refined palm oil, move to hurt refiners

NET Bureau The government on Wednesday slashed import duty on refined palmolein from 50 per cent to 45 per cent,

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Govt may breach fiscal deficit target; need for stimulus rises: Report

  Govt may breach fiscal deficit target; need for stimulus rises: Report

NET Bureau The government might breach the fiscal deficit target this financial year amid drop in the revenue mobilisation and

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