by pallanus | May 26, 2020 | Business News
India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdown, a Reuters poll predicted. Asia’s third-largest economy began slowing last year, but a countrywide...
by pallanus | May 25, 2020 | Business News
India’s crude oil processing in April slumped by 28.8 per cent from a year earlier, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut production. Refiners processed about 14.75 million tonnes or 3.60...
by pallanus | May 21, 2020 | Business News
India’s GDP growth is expected to be between -6 per cent and 1 per cent this financial year according to experts. India’s GDP growth to remain between -6% to 1% in FY20-21: Financial commission chairman (Reuters) The nationwide lockdown, in wake Covid-19...
by pallanus | May 20, 2020 | Business News
Finance Minister Nirmala Sitharaman recently defended the government’s stimulus package after economists criticised it over lack of measures to provide an immediate boost to the economy. The relief package announced, though soft on direct stimulus, offers enough...
by pallanus | May 18, 2020 | Business News
The government’s effort to provide a boost to the coronavirus-hit economy focuses on more on the medium-term rather than offering immediate support, according to a recent note by Goldman Sachs economists. In a May 17 note, Goldman Sachs economists Prachi Mishra and...
