The Indian central bank’s decision in March to slash interest rates in an unscheduled meeting was the biggest surprise since a Monetary Policy Committee was set up four years ago,
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China Shipments Stuck at India Ports Show Casualties of Standoff
Imports from China have been piling up at Indian ports pending government clearances, causing concern that a recent border standoff between the two nations could have an economic fallout that
Continue reading »Fitch Lowers India Rating Outlook To Negative On Covid-19 Impact
Fitch Ratings lowered India’s sovereign rating outlook to ‘negative’ from ‘stable’ on Thursday, citing the severe impact of the coronavirus, or Covid-19, pandemic on the country’s growth and public finances
Continue reading »Bodies Left on Hospital Beds as Virus Overwhelms Mumbai
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Hospital wards with corpses
Continue reading »Lockdown curbs may scorch summer sales
With states in north India imposing stricter measures to curb intra-state movement after April 20, makers of summer products such as air conditioners, refrigerators, colas, and ice creams are estimating
Continue reading »India Cuts Reverse Repo Rate Amid COVID-19 Lockdown
India’s central bank reduced its reverse repo rate, while retaining the key policy rate and ramped up liquidity measures as economic activity came to a standstill amid nation undergoing a
Continue reading »ADB Cuts Developing Asia’s Growth Outlook Sharply On Covid-19 Impact
The Asian Development Bank cut its growth projection for developing Asia due to the effects of the novel coronavirus, or covid-19 pandemic. In the Asian Development Outlook, released Friday, the
Continue reading »ADB Cuts Developing Asia’s Growth Outlook Sharply On Covid-19 Impact
The Asian Development Bank cut its growth projection for developing Asia due to the effects of the novel coronavirus, or covid-19 pandemic. In the Asian Development Outlook, released Friday, the
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