AFTER CRISIL AND GOLDMAN SACHS, S&P SAYS INDIAN ECONOMY WILL SHRINK BY 5% IN FY21

While the world is fighting the only battle, most probably against the COVID-19, India is fighting multiple. The world’s second most populated country and one of the emerging economies, India is under lockdown since two months. The lockdown which was imposed to curtail the spread of coronav...

AFTER MSMEs, INDIA’S ECONOMIC PACKAGE FOCUSES ON SELF-EMPLOYED & MIGRANT WORKERS

Following Prime Minister Narendra Modi’s announcement of economic package worth Rs 20 lakh crore, Indian Finance Minister Nirmala Sitharaman came on Wednesday and announced measures which focused on reviving MSMEs and small businesses. On Thursday, FM Sitharaman came with further breakup of...

RAHUL GANDHI EXPRESSES CONCERN OVER THE ECONOMIC SLOWDOWN

Highlights

• He question the government on Yes Bank crisis 
• He demands the government’s action plan to limit the spread of coronavirus     

On Thursday, Rahul Gandhi expressed his concerns on the economic...

ECONOMIC SURVEY 2019-20 REVEALS A DOWNWARD TREND IN THE PARTICIPATION OF WOMEN IN INDIA’S WORKFORCE

Highlights

• Women account for almost half of India’s population
• Women participation in the labor market is almost one-third

The Economic Survey 2019-20 reveals that the trend in the participation of women in India’s workfo...

RAHUL GANDHI CRITICIZES NARENDRA MODI AFTER SCINDIA RESIGNED FROM THE CONGRESS

Highlights

• He alleged that the BJP is busy destabilizing elected Congress government
• Scindia is expected to join the BJP 

Rahul Gandhi stated that the Bharatiya Janata Party is weakening the elected Congress government. Regardin...

THE GROWTH PROJECTIONS FOR INDIA WAS AGAIN REVISED TO 5.3% BY MOODY’S

Highlights

• Earlier it was 5.4%
• It was on account of Covid-19 outbreak

The growth projections for Indian economic growth were revised to 5.3% for 2020 by Moody’s Investors Service. Earlier it was projected to be 5.4%. The given...

NARENDRA MODI HITS OUT AT THE CRITICS OF HIS GOVERNMENT

Highlights

• The Indian economy has clear policies.
• It has strong fundamentals

On Friday, Narendra Modi, Prime Minister responded to the critics of his government. The prime minister was speaking at th...

51% ULTRA-WEALTHY INDIANS OBSERVED AN INCREASE IN THE FORTUNE: REPORT

Highlights

• It is despite slow growth forecasts and rising geopolitical tensions 
• In the next five years, its number is estimated to grow by a 73%

According to Knight Frank’s Wealth Report ...

INDIA COULD OBSERVE INTEREST RATE CUTS

Highlights

• It will be in the wake of corona virus outbreak
• Interest rates have been lowered by Malaysia and Australia

In the wake of the coronavirus outbreak, the central bank governor, Shaktikanta Das, stated that he is ready to act...

INDIAN ECONOMIC GROWTH FOR DECEMBER QUARTER EXPANDED AT 4.7%

Highlights

• It is in line with the analyst's estimates
• For the current quarter, analysts estimate that it will be severely affected due to coronavirus outbreak

In the quarter ended on December 31, India's economic or GDP growt...

ANIL AGRAWAL EXPRESSED OPTIMISM ON THE REVIVAL OF THE INDIAN ECONOMY

Highlights

• Tax cut will attract investments
• India shall also explore and produce natural resources 

Anil Agarwal believes that the Indian economy will soon bounce back as it has immense potential. It will gain b...

RELIANCE AND MICROSOFT PARTNERSHIP TO BOOST INDIA’S DIGITAL ECONOMY

Highlights

• Ambani referred it as defining partnership of the decade
• In the coming decade, the partnership will propel India forward 

On Monday, a Future Decoded Tech Summit was organized by Microsoft at Mumbai t...

BJP PRESIDENT EXPRESSES HIS POSITIVE OPINIONS ON INDIAN ECONOMY

Highlights

• India is currently at USD 2.94 trillion economy
• Progressive economic schemes and futuristic budget has helped India to achieve the same

On Sunday, JP Nadda, President, Bharatiya Janata Party, expressed his views on the cur...

UNION CABINET APPROVES THE CREATION OF TECHNOLOGY GROUP

Highlights

• It will be headed by the Principal Scientific Adviser to Government of India 
• It will be a 12-member group

An empowered technology group has been created by the government. It will co...

CONTINGENCY MEASURES ON CARDS IN THE WAKE OF CORONAVIRUS

Highlights

• Industry raised concerns on its likely effects on Indian economy
• CII suggested that for minimizing risks and managing the situation countries shall have strategies in place  

Reports suggest that the government is to ...

INDIA’S IMPORTS AT RISK IN THE WAKE OF THE CORONAVIRUS OUTBREAK

Highlights

• Since 2004-05, China is India’s largest source of imports 
• In 2018-19, China was India’s third-largest export market 

China is currently combating the coronavirus outbreak. It has sev...

UPS AND DOWNS OF THE INDIAN ECONOMY

Highlights

• Finance Minister highlighted green shoots in the economy
• The recent values for IIP and the retail inflation exhibits different picture

India is under the severe effects of economic slowdown. The budget was presented by the...

INDIAN ECONOMIC GROWTH LIKELY TO RECOVER: S&P GLOBAL

Highlights

• The growth of country will stabilize and begin to recover 
• India's fiscal position remains risky though  

On Thursday, S&P Global, a Rating agency, reiterated ...

RISING HEAT WILL AFFECT THE INDIAN ECONOMY: REPORT

Highlights

• McKinsey Global Institute has released the report
• It analyses the risks and impacts associated with climate change

The McKinsey Global Institute has released a report recently. It is titled ‘Climate ...

CORONAVIRUS’ IMPACTS ON INDIAN ECONOMY LIKELY TO DIFFER FROM OTHER ASIAN COUNTRIES

Highlights

• Experts believe to witness a similar trend that was observed while SARS outbreak
• Economic slowdown in China due to the outbreak likely to extend across the world in particular to Asia

Due to the severe cor...