India’s GDP may shrink 7.7% this fiscal year, says govt

New Delhi: The Ministry of Statistics and Programme Implementation (MOSPI) today said that India’s GDP may contract by 7.7 per cent in the current...

Job cuts resume in services sector in December

BENGALURU: Growth in India’s dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and...

India’s income inequality may rise this year: IPSOS

New Delhi: Income inequality in India is expected to rise further in 2021. As many as 61 per cent of urban Indians expect income...

India’s core industries output falls again in November: CMIE

News Agencies New Delhi: The output of India’s core industries deteriorated once again in November, after recovering till September 2020, Centre for Monitoring Indian Economy...

Centre eyes asset sales to partly fund spending next year

New Delhi: India is likely to spend more next fiscal year than this year’s budgeted $415 billion and prioritise infrastructure projects, relying on asset...

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