Economy

India's economic growth is likely to slow down further to 5.7 per cent in the April-June quarter of this year due to low consumption, weak investments and an under-performing service sector, said a Nomura report. The economy, however, is expected to see some recovery in the July-September...
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Interest is the price for capital. It is the price paid by borrowers and received  by lenders of funds, and the market-determined interest rate should equate the demand and supply of funds in the economy, leading to an equilibrium. That is what theory says. Complications in real life,...
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India's retail inflation inched lower to 3.15 per cent in July from 3.18 per cent in June and 4.17 per cent in the corresponding month of the previous year.   According to data furnished by the National Statistical Office (NSO), the Consumer Food Price Index (CFPI) inflated to 2.36...
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Economies globally are showing signs of acute weakness and the next stage could be a worldwide recession, if Morgan Stanley is to be believed, in nine months from now.   Escalation in trade tension between the two largest economies—US and China—is the chief factor nudging the world...
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The failure of the credit rating agencies to blow the whistle in the Rs90,000 crore Infrastructure Leasing & Financial Services (IL&FS) scam,  business as usual despite 55 prosecutions filed by the ministry of corporate affairs (MCA)  against Pricewaterhousecoopers (PwC) auditors, the...
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