The broader markets were outperforming the benchmarks. Share market news today | Sensex, Nifty, stock prices LIVE: National benchmarks ranged between gains and losses on Friday morning. S&P BSE Sensex started trading at 44,325 points, while the 50-share Nifty was above 13,000, but the indices soon gave up gains to …
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By: ENS Economic Bureau | New Delhi | Updated: October 15, 2020 7:49:33 pm Global growth is projected to contract 4.4 percent, an upward revision of 0.8 percent since its June update, the IMF said. Kaushik Basu, Cornell University economics professor and former World Bank chief economist Kaushik Basu, has …
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The Reserve Bank of India’s Monetary Policy Committee voted on Friday to keep key rates unchanged and maintained an accommodative stance, Governor Shaktikanta Das announced. With this repurchase rate it remains at 4.0% while the reverse repurchase rate remains at 3.35% The development comes amid signs of recovery in the …
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Written by Udit Misra, edited by Explained Desk | New Delhi | Updated: September 27, 2020 8:01:30 am Farmers shout slogans as they block a train track in protest against new agricultural laws, in the village of Devi Dass Pura, about 20 kilometers from Amritsar (AP) Dear readers, Looking back, …
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Written by Aanchal Magazine, P Vaidyanathan Iyer | New Delhi | September 7, 2020 4:35:13 am While a contraction in GDP was expected from April to June, there are clear signs that the second quarter will also contract, and July and August show no promise of a major recovery. (Proceedings) …
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Written by Udit Misra, edited by Explained Desk | New Delhi | September 6, 2020 8:02:05 am Migrant workers return to New Delhi from parts of Uttar Pradesh on August 10, 2020 (Photo Express: Praveen Khanna). Dear readers, The past week has once again been quite hectic for the Indian …
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By: Desk Explained | New Delhi | Updated: September 4, 2020 11:12:41 am Workers carry sacks of food grains at a market in Kolkata on Thursday, Sept. 3, 2020 (AP Photo: Bikas Das) The GDP growth figure for the first quarter, a 24% contraction, was in line with expected and …
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August has been the best month (so far) in terms of economic activity since the imposition of a nationwide lockdown in India on March 25. However, the ongoing economic recovery is skewed in nature and faces systemic headwinds from within. Services in shrinkage zone, even when accumulation increases The Purchasing …
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Written by Udit Misra, edited by Explained Desk | New Delhi | Published: August 30, 2020 7:26:16 am Migrant workers return to New Delhi from parts of Uttar Pradesh on August 10, 2020. In large numbers, the workers had left the city due to the Covid-19 shutdown. (Express photo: Praveen …
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