Business News
India To Grow At 5.1% in FY21 Due To Coronavirus: OECD
The agency claimed the outbreak will impact confidence, financial markets, travel sector and disrupt supply chains and will affect all the G20 economies in 2020
slowdown
Business News
IMF Cuts Growth Outlook For India to 4.8% for FY20, Drags Global Number Down
The agency cut the country's 2019 economic growth from the 6.1 per cent that it estimated in October, citing a sharper-than-expected fall in domestic demand and stress in NBFCs leading to a decline in credit growth.
By Debroop Roy
Business News
Loan Melas Are Here, But Why Now?
FM Nirmala Sitharaman on Thursday asked banks not to announce any stressed loan account for MSMEs as NPA till March 2020 and work on its debt modification
Business News
Amazon India Clarifies Sellers Set Prices Independently Without Any Intervention
Ahead of festive sales, e-commerce giant Amazon India denies accusations of deep discounting
Business News
Is the Fall in GDP Affecting Micro Sectors More Than Macro?
India's GDP growth in the April-June quarter of FY20 slipped to 5% as compared to 8% in the same period last year