Economy

RBI maintains status quo for eighth time; retains repo rate at four per cent

MUMBAI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent…

Chidambaram tells govt to print money to tide over economic crisis

Former Finance Minister P Chidambaram on Tuesday threw his weight behind the suggestion offered by some experts that the government…

Bitcoin, seemingly omnipresent, crosses the $50000 mark

After a wild week in which Bitcoin soared to new heights, Bitcoin crossed the $50,000 mark early Tuesday. Bitcoin rallied…

Over Rs 8 lakh crore ! Worst shrink in GDP data shows economy is in ICU

India’s first quarter GDP shrunk to a level unknown in our economic history. At 23.9%, it’s the sharpest contraction since…

We warned government, but it ignored: Congress on sharp GDP fall

NEW DELHI: The Congress Monday attacked the government over a sharp decline in the GDP numbers and alleged the NDA dispensation ignored…

New seven per cent fiscal deficit forecast shows India’s economic sinkhole is getting deeper

NEW DELHI:  Given the bleak revenue collection scenario amid Covid-19 induced economic disruption and higher expenses to boot, the Central government’s fiscal…