Economy of India news
Visit RT to read the latest news on the economy of India. Do not miss the latest updates on the news about the Indian economy. Find all the latest news about the priorities for the economy of India, including GDP, trade activity, export and import, reforms in key sectors, business, sanctions, and more. Check out RT for stories on President Ram Nath Kovind, Prime Minister Narendra Modi, and so on. Get today’s news about India's economic shock amid the novel coronavirus pandemia. Turn to RT for today's news on how political and social changes affect the Indian economy. Check out RT for the latest stories on India’s economic policy and more. Stay with RT to be updated on severe economic consequences for India amid the CoVid-19 pandemia news that has gone viral in the media in recent months. Read experts’ and analysts’ opinions on news a vbout the Indian economy being paralysed due to the outbreak of the virus, as well as the situation in the world in general.
- India bans Mastercard from adding new customers over data storage breach
The Reserve Bank of India (RBI) has banned US financial services company Mastercard Inc from issuing new credit and debit cards to Indian customers for violation of data storage rules. - Economic activity picks up across India as mobility levels riseIndia's economy picked up pace in June after a sharp decline in May due to the pandemic-induced lockdowns. Mobility levels rose by 24% nationwide after plunging to a 12-month low in May.
- Global energy’s historic plunge equivalent to losing entire energy demand of IndiaThe Covid-19 pandemic is the biggest shock to global energy in more than seven decades, according to the International Energy Agency (IEA). The fall in demand in 2020 is set to dwarf the impact of the 2008 crisis, it said.
- Russia to present initiatives on pandemic effects mitigation to BRICS states – LavrovMoscow will propose a number of initiatives to mitigate the consequences of the pandemic, including in social and economic spheres, to the BRICS bloc member nations, Russian Foreign Minister Sergey Lavrov said on Tuesday. He made the statement...
- India eases Covid-19 lockdown, allowing some shops to reopen on limited basis as Modi preaches virtues of ‘self-reliance’New Delhi has given the green light for small shops across India to open their doors under certain conditions, as the country begins to relax far-reaching lockdown measures brought to stop the spread of Covid-19.
- Indian refineries slash Middle East oil imports as storage fills upDue to plummeting fuel demand and overflowing storage capacity, at least three oil refiners in India have asked for lower crude oil imports for May from the Middle East, including from the world’s top exporter Saudi Arabia.
- Factories, farming restart in rural India even as Covid-19 cases riseSome shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown that has left millions out of work and short of food. The development comes amid reports that coronavirus infections rose by more than...
- Demand for gold jewelry is crashing in China & India, consultant findsSharp contractions in gold imports by major consumers suggest gold jewelry demand is being battered, says investment research group Capital Economics, though it projects that safe-haven buying should ensure a near-term price rise.
- South Asian nations to face worst economic slump in 40 years as coronavirus cripples economies — World BankThe Covid-19 pandemic will likely slow South Asia’s once-bustling economies to the lowest level seen in decades, the World Bank has warned in its latest report.
© Autonomous Nonprofit Organization “TV-Novosti”, 2005–2021. All rights reserved.