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Latest Articles in economy

Global Economy: Asia's Factories Shaking Off COVID Gloom, China Shines

Manufacturing activity in China expanded at the fastest clip in nearly a decade in August, as factories ramped up output to meet rebounding demand, a private survey showed.

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Chhattisgarh Govt Committed To Promote Local Products, Eliminate Illicit Trade In The State: , Kawasi Lakhma, Industry Minister

The webinar was attended by industry, government officials, officers from the enforcement agencies and stakeholders in this segment and focused on the state of Chhattisgarh.

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India's July Infrastructure Output Contracts 9.6%

Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output, contracted 20.5% in the four months through July from a year earlier

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Brazil's Fiscal Fragility Stokes Funding Fears, Despite Record Low Rates

That is forcing the Treasury to borrow for much shorter durations, such as six months, reducing the average maturity of Brazil's debt profile and increasing the need to refinance on a more regular basis.

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Indian Rupee Retreats From Six-Month High On China Border Tensions

The partially convertible rupee was trading at 73.62/63 per dollar by 0707 GMT, compared with its previous close of 73.39 on Friday and much weaker than the 73.25 level hit earlier in the session - its strongest since March 5.

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Centre destroying informal sector, attempt to turn people into slaves: Rahul Gandhi

Centre destroying informal sector, attempt to turn people into slaves: Rahul Gandhi

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RBI Governor Rules Out Stagflation, Expects Consumer Inflation To Moderate

"I do not agree that we are likely to face a situation of stagflation," Das told the newspaper in an interview published on Monday. "I am of the view that consumer inflation, going forward, should moderate."

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Indian Economy Likely To See Record Quarterly Slump As Pandemic Hits

Economists in a Reuters poll predicted that gross domestic product in world's fifth-largest economy will contract by 18.3% in the June quarter, compared to 3.1% growth in the previous quarter

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China's Slower Factory Growth Eclipsed By Robust Services In Boost To Economic Recovery

Investment bank HSBC expects China's economy would grow by 5.4% in the third quarter year-on-year, followed by a 6.2% expansion in the fourth quarter, returning China's growth to pre-COVID levels.

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Economy Unlock Will Curb Fleet Operator Revenue Fall To 15% This Fiscal

Profitability to moderate 240-260 bps, but moratorium to cushion credit profiles

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Recovery Hopes Dashed For India's Recession-Hit Economy

The economy is forecast to contract 8.1% in the current quarter and 1.0% in the next - a downgrade from 6.0% and 0.3% contraction, respectively, predicted in a July 29 poll, dashing hopes of a recovery this year.

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US economy plunges by 31.7 per cent in second quarter of 2020

US economy plunges by 31.7 per cent in second quarter of 2020

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China's Industrial Profits Grow At Fastest Pace Since Mid-2018

Automobiles and electronics industries notched up significant recoveries in profits in July, seeing growth rates of 125.5% and 38.6% respectively, according to Zhu Hong

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RBI Governor royally ignored by government, says Chidambaram

RBI Governor royally ignored by government, says Chidambaram

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Indian Opposition-Ruled States Ask Government To Pay Delayed GST Compensation

India's 28 states had agreed their local taxes could be subsumed into the new, nationwide GST, in what was hailed as a major tax reform.

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