
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them

About 60% of 212 companies, which participated in the survey, said there was a high impact on their businesses due to the state-level lockdowns

Trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22, PHDCCI President Sanjay Aggarwal said

The report noted that the second wave of the Covid-19 outbreak in India weighs heavily on the country’s overall economic activities

According to an assessment by the Reserve Bank of India, the second wave has cost the nation about Rs 2 lakh crore in terms of output lost

RBI Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy

Retail inflation for farm and rural workers rose to 2.94% and 3.12%, respectively, in May as certain food items turned costlier

CII President T V Narendran said suitable fiscal measures to alleviate the stress of people impacted by the second wave are the need of the hour

The economy has the resilience and the fundamentals to bounce back from the pandemic and unshackle itself from pre-existing hindrances, it noted

The rate of inflation has breached the ceiling of the Reserve Bank of India’s policy band