Major US, global cities slowing amid worldwide slump: Report
Nine of the top 10 biggest global cities will slow next year, with the stars of the US Silicon Valley showing the most dramatic signs of slamming on the brakes, Oxford Economics researchers found in a report.
Rahul Gandhi takes dig at Modi, Shah over economic slowdown
Speaking on India’s economic situation, Congress leader Rahul Gandhi slammed Prim...
Mumbai: Nirav Modi declared fugitive economic offender in PNB scam case
A special court here on Thursday declared diamond businessman Nirav M...
PNB fraud: PMLA court declares Nirav Modi as fugitive economic offender
Nirav is the second businessman after Vijay Mallya to be declared a fugitive economic offender under provisions of the new Fugitive Economic Offenders Act, which came into existence in August last year. Nirav and his uncle Mehul Choksi are the prime accused in PNB fraud case, related to alleged fraudulent issuance of LoU that caused a loss of over $2 bn to the PSB.
Modi put a Finance Minister who has no idea about economics: Rahul Gandhi
Congress leader Rahul Gandhi on December 05 lambasted at Finance Minister Nirmala Sitharaman over country’s falling economic growth. He said...
Gold imports slide for a fifth month as economy slows
Inbound shipments dropped 19 per cent from a year earlier to 56.1 tons.
Base year depends on global, national economic situation, data availability: Rao Inderjit Singh
As per the United Nations System of National Accounts (UN SNA)-2008, base year of Gross Domestic Product (GDP) series is revised from time to time to better capture structural changes in the economy. The member countries are required to revise the base year of their macro-economic indicators like Gross Domestic Product (GDP).
What's for dinner? 48% Indians opt to order-in, say it's more economical than hiring a cook at home
The top reasons for people ordering-in include convenience, breaking the monotony and celebrating a special occasion.
Expect a sharp economic recovery in a quarter or two: Rajat Jain, Principal AMC
By picking and choosing, you can do better than the broad market now.
More reforms needed to boost jobs, incomes: OECD
Restoring growth to the higher levels needed to provide ample jobs and ease inequality will require accelerating the pace of structural reforms to revive investment and exports.
India’s economic fundamentals are not weakening, they are unexploited: Aaditya Mattoo, World Bank
India can take lead in global trade negotiations to revive multilateralism: World Bank chief economist.
Why are there traffic jams if automobile sales declining: BJP MP Virendra Singh
BJP Lok Sabha MP Virendra Singh Mast on Thursday denied any condition of an economic slowdown in the country while arguing that if there is ...
To track economic offenders, India to collate e-database
The National Economic Offence Records is being prepared by the CEIB, an arm of the finance ministry. All other agencies, including CBI, Customs, Enforcement Directorate, Income Tax, Directorate of Revenue Intelligence, Directorate General of Goods and Services Tax Intelligence have been asked to regularly update the portal from their nationwide offices.
RBI's downgrading of FY20 growth means the $5 trillion GDP goal may have to wait longer
RBI has revised growth forecasts to 4.9-5.5% for H2 of this fiscal and 5.9-6.3% for H1 2020-21.
Stock selloff is a wake-up call for investors
The weaker-than-expected US manufacturing data that came out on Monday pointed to an outright contraction in the sector.
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