Kerala state Budget for financial year 2020-21 is a daring attempt by the finance minister to overcome the resource constraints and the depressed economic conditions.
Read more »
Among the 30 major items, 21 items of exports and 17 imported items posted negative growth. Read more »
The wholesale inflation breached the Reserve Bank of India's comfort level of 6% for the second month running. Read more »
The RBI decisions indicate that there is scope for further rate cuts in 2020, though they may not be on the same level as those effected in 2019. Read more »
India’s trade with China fell from $89.71 billion in 2017-18 to $87.07 billion in 2018-19, mainly due to a decline in imports from $76.38 billion to $70.32 billion. Read more »
Despite the dramatic success in reducing poverty, about 8.8% of Indians are facing severe poverty. About a fifth of Indian population are vulnerable to multidimensional poverty, says the report. Read more »
The scheme resulted in a 10% decline in the use of chemical fertilizers and a 6% rise in the productivity of the soil. Read more »
RBI is expected to keep the repo, reverse repo, and bank rates at the current level and give an accommodative stance to support economic growth. Read more »
The Fund has cut India growth forecast for the current year by 1.3 percentage points to 4.8%. Read more »
IIP grew 0.6% in the first eight months of the financial year, compared with 5% in the same period last fiscal. Read more »