The latest gesture of help come days after India sent 40,000 metric tonnes of diesel under its line of credit to help deal with the severe fuel shortage in its debt-ridden neighbour.
May 24, 2022
The IMF chief said support needs to be provided "in a very targeted manner, preferably by providing subsidies directly to people".
May 23, 2022
Wickremesinghe had not ruled for a complete five year term in any of his previous tenures as PM.
May 13, 2022
The Sri Lankan Prime Minister's Office said the Chinese Premier made this comment in a phone conversation with Rajapaksa on Friday.
April 23, 2022
Chidambaram warned that if the Indian government continued to pursue these misguided policies, the situation in Sri Lanka would be at stake.
April 15, 2022
President Gotabaya Rajapaksa will not resign under any circumstances, Chief Government Whip Johnston Fernando told the parliament recently.
April 14, 2022
He announced the decision to withdraw complete organic agriculture introduced by President Gotabaya and said chemical fertiliser subsidies would be provided to the farmers.
April 12, 2022
The country was forced to urge for financial assistance from neighbouring countries mainly to supply essentials like fuel, power, liquified petroleum gas and food.
April 4, 2022
Sri Lanka's Energy Minister Gamini Lokuge, who visited the harbour to welcome the shipment, thanked India for helping at a critical moment.
April 3, 2022
The ICRA noted that continued base normalisation, emerging supply-side constraints and excess rainfall dampened the year-on-year (YoY) performance of most of the high frequency indicators in September 2021.
October 22, 2021
The Congress has been attacking the government over mishandling of the pandemic and not heeding to the advise of ex-PM Manmohan Singh, party president Sonia Gandhi and the opposition parties.
May 23, 2021
Due to a weaker-than-expected 2QFY21, we revise down our 3QFY21 and 4QFY21 growth forecasts.
November 30, 2020
Moody's Investors Service has also revised upwards its GDP forecast for India to (-) 8.9 per cent contraction in the 2020 calendar year
November 15, 2020
Chidambaram said the economy was largely determined by the market, by the laws of demand and supply, and by the purchasing power and the sentiments of the people, which are missing currently
October 22, 2020
“The impact of the schemes intended to spur consumer and capital spending may turn out to be fairly modest,” Aditi Nayar, Principal Economist said.
October 13, 2020
The pandemic has also brought to the forefront new economic opportunities where digital technologies can play an essential role, providing new growth levers for South Asian countries, including India.
October 8, 2020
The RBI’s MPC (Monetary Policy Committee) is expected to release its resolution on the monetary policy after their meet on September 29 to October 1, 2020.
September 27, 2020
Congress leader Rahul Gandhi has hit out at the Centre over the growing rate of unemployment in India amid the economic crisis and said the youth will observe ‘National Unemployment Day’ on Thursday, September 17.
September 18, 2020
P Chidambaram has advised the government to increase spending in infrastructure to revive the Indian economy, as the GDP has contracted by 23.9 per cent in the first quarter of the 2020-21 fiscal
September 6, 2020
Former Finance Minister P Chidambaram said it will take many months before the economy turns the corner and registers positive growth.
September 1, 2020
“Clearly, the risks of a stagflationary environment has increased in the case of India and may be a socio-economic challenge, if not addressed early.”
August 20, 2020
Former RBI governor Urjit Patel has revealed that his relations with the govt strained because of the dilution of the Insolvency and Bankruptcy Code
July 29, 2020
From 1:1 meetings and group brainstorming to real-time creative iterations and document sharing, Cisco Webex has built-in, end-to-end security that inspires trust.
July 26, 2020
The operation is likened to the Federal Reserve's ''operational twist'' -- which involved swapping short-term treasury securities for long-term government debts conducted in 2011-12.
June 29, 2020
According to the feedback received at the social media department of AICC, over 57 lakh people have posted live videos, which has reached up to 10 crore people.
June 8, 2020
It also downgraded India''s local-currency senior unsecured rating to Baa3 from Baa2, and its short-term local-currency rating to P-3 from P-2.
June 2, 2020
New Delhi, June 2 : The images of hapless migrant labourers walking long distances to get back to…
June 2, 2020
New Delhi, May 31 : Prime Minister Narendra Modi on Sunday said that even though curbs have been…
May 31, 2020
The announcements are part of the third tranche of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi on Tuesday.
May 15, 2020
"As per the WGC, the gold is worth around Rs 75 lakh crore. When the country needs it, it must be used," said Chavan in his series of tweets.
May 14, 2020
He noted that some measure will be "quite effective" while others such as the Rs 50,000 crore "Fund of Funds" for MSMEs may not yield the intended results.
May 13, 2020
Delhi: Congress leader Rahul Gandhi is holding a live video chat with Nobel Laureate Abhijit Banerjee on dealing…
May 5, 2020
As the global economy is on track to shrink "sharply" by 3 percent this year due to the pandemic, the IMF chief economist highlighted the importance of keeping trade open in global recovery.
April 20, 2020
The discussions at the meeting were based on IMF Managing Director's Global Policy Agenda titled, 'Exceptional Times - Exceptional Action'.
April 16, 2020
Hicks said job losses will propel the US unemployment rate over 15 per cent by the end of April, and "perhaps higher in later months".
April 10, 2020
The report, however, said that a strong sequential recovery in the second half of the fiscal year is expected based on three assumptions.
April 9, 2020
United Nations, April 2 : The global economy could shrink by up to 1 per cent in 2020…
April 2, 2020
Mumbai, March 22 : The key Indian equity markets — S&P BSE Sensex and NSE Nifty50 — might…
March 22, 2020
"I am not concerned about what they say but the Prime Minister should come out and do something but the Prime Minister has put his head in the sand and is not willing to accept the problem."
March 17, 2020
The Congress and other opposition parties have been accusing the BJP government of 'complete mismanagement' of the economy.
February 10, 2020
He compared the government's assurance on economy with that of "an astrologer who tells his client that fortune would turn after certain planets move from one House to the other."
February 10, 2020
On Tuesday, the Central Statistics Office (CSO) pegged the 2019-20 growth at an 11 year low of 5 per cent.
January 8, 2020
Kolkata, Dec 5 : With the GDP projections revised downwards, West Bengal Chief Minister Mamata Banerjee on Thursday…
December 6, 2019
New Delhi, Nov 18 As the winter session of Parliament begins, senior Congress leader P. Chidambaram on Monday…
November 18, 2019
Panaji, Nov 14 : Lashing out at Prime Minister Narendra Modi, Goa Congress president Girish Chodankar on Thursday…
November 14, 2019
Mumbai, Nov 13 : A report on consumer goods distribution channels has revealed that while modern trade and…
November 13, 2019
"The cumulative growth for the period April-September 2019 over the corresponding period of the previous year stands at 1.3 per cent."
November 11, 2019
“The gross reduction is expected to lead to a net reduction of approximately 5,000 to 7,000 roles (about 2% of the company’s total population),”
October 31, 2019
"You all know what his understanding is. His thinking is totally Left-leaning. He had praised the NYAY scheme effusively, but the people of India totally rejected his thinking."
October 19, 2019
New Delhi, Oct 5 : The Congress, which is aiming to wrest power from the BJP in Maharashtra…
October 5, 2019
Addressing the media after the meeting, Sitharaman evinced hope that demand would return in most of the sectors.
September 27, 2019
"We have arrived at crossroads in the history of J&K when this will now largely be a people's movement"
September 24, 2019
The key sectors which would benefit from GST rate cuts are hotels, gems & jewellery, defence and automobiles.
September 20, 2019
"The reduction is credit negative as it will encourage banks to increase their exposure to this loan segment at a time when credit risks are already increasing from a slowing economy," it said.
September 18, 2019
New Delhi, Sep 17 : Defence Minister Rajnath Singh said in New Delhi on Tuesday that the goal…
September 17, 2019
Chennai, Sep 12 : City-based businesswoman Reeta Lankalingam, who was Joint Managing Director of the Lanson Toyota car…
"Manmohan Singh told party leaders that when the economic recession had hit the global economy, our government was able to revive the economy, while the current government's flawed policies on the economy is the reason for the slowdown."
New Delhi, Sep 12 : Congress General Secretary Priyanka Gandhi Vadra on Thursday took a swipe at Union…
Owaisi was reacting to Modi's remarks made at the launch of a disease prevention programme for livestock at Mathura in Uttar Pradesh earlier in the day.
September 11, 2019
New Delhi, Sep 8: Congress General Secretary Priyanka Gandhi on Sunday said the Narendra Modi government remains silent…
September 8, 2019
On the liability side, the increase was due to increase in Notes issued, other Liabilities and Provisions, and Deposits by 13.43 per cent, 11.10 per cent and 17.21 per cent, respectively.
August 29, 2019
New Delhi, Aug 23 (IANS) Responding to India Inc’s calls for measures to curb “tax terrorism”, Finance Minister…
August 23, 2019
On violation of corporate social responsibility norms, the Minister said that such violations would not be treated as criminal offences.
August 23, 2019
New Delhi, Aug 14 : Taking a swipe at the Narendra Modi government, the Congress here on Wednesday…
August 14, 2019
Ankara, July 6 (IANS) Turkish President Recep Tayyip Erdogan has fired the Central Bank’s Governor without giving an…
July 6, 2019
Geneva, Feb 13 (IANS) Global unemployment levels fell one percentile to a steady 5 per cent in 2018,…
February 13, 2019
Khan, who met Chinese President Xi Jinping on Friday, is understood to have sought financial help for Pakistan which is in dire straits due to the ballooning foreign debt.
November 3, 2018
Mumbai, Oct 1 : Facing mounting criticism from the Congress party, the Central government has moved the top…
October 1, 2018
By midday, they had received commitments amounting to $2.6 billion with more expected to follow throughout the day, much of it to be spent on upgrading Lebanon's creaking infrastructure.
April 6, 2018
Hundreds of protesters faced off with security forces in Iraqi Kurdistan for a fourth day Thursday, demanding the…
December 21, 2017
New Delhi, Sep 20 : Alleging that the Modi government has rehashed, repackaged and renamed 23 schemes which…
September 20, 2017