Govt advisors confessed economy is in crisis, PM should answer: Congress

Congress leader Rahul Gandhi said the government should remonetise the economy by putting money in the hands of “the needy and not the greedy”. The Congress on Friday said the government’s advisors have “confessed” that the country’s economy is in... Read more

Warning signs for global economy: the countries spooking investors

Stock markets have taken fright over a number of warning signs from key economies, the latest this week being the inversion of the US bond yield curve and news of a contraction in the German economy. Here is a guide... Read more

Bloated budget: Will ‘fiscal pickle’ stimulate US economy?

White House chief economic adviser Larry Kudlow and US Vice President Mike Pence stand by as President Donald Trump speaks during a presentation of the Presidential Medal of Freedom to economist Arthur Laffer, a theorist best known for supporting supply-side... Read more

4 key drivers to help make Indian economy more competitive: Rajiv Kumar, Niti Aayog

State-wise targets are important because once you drill down at that level, then things can actually take shape rather than just talking in air, says Rajiv Kumar, VC, Niti Aayog, in an interview with ETNOW. Fixing infra deficit, cost of credit, labour... Read more

Trump Trade War: The Real Impact On The Economy

There’s no end in sight for the trade war. Businesses, investors and consumers are facing an escalation of the trade war with tariffs on hundreds of billions of dollars of imported goods from China and Mexico. Here’s how the economy... Read more

Indian economy expected to grow 7.5% in 2020, says G20 surveillance note

The Indian economy is expected to grow 7.3% in 2019 and 7.5% in 2020, a G20 surveillance note has said. Prepared by the International Monetary Fund (IMF) staff, the note comes ahead of the G20 finance minister and central bank... Read more

China will keep supporting economy as ‘pressure’ lingers, says top decision-making body

China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, the Communist Party’s top decision-making body said on Friday. The statement from the politburo came two days after China reported had steady 6.4... Read more

Alan Greenspan says economy will start to fade ‘very dramatically’ because of entitlement burden

Economic growth won’t last as the U.S. labors under the burden of growing entitlement programs and weakness around the world, former Federal Reserve Chairman Alan Greenspan told CNBC. The long-time central bank chief repeated his warnings about the weight that Social Security,... Read more

Need to develop proper matrix to understand changes in economy: Suresh Prabhu

Commerce and Industry Minister Suresh Prabhu has underlined a need to develop a proper matrix to understand changes in the Indian economy and job creation that is happening at a rapid pace. The minister’s comments have come against the backdrop of former RBI Governor Raghuram Rajan... Read more

Trump says economy would take off like ‘a rocket ship’ if Fed cut rates, ending tightening policy

President Donald Trump said Friday the U.S. economy would climb like “a rocket ship” if the Federal Reserve cut interest rates. Commenting after a strong jobs report for March, Trump said the Fed “really slowed us down” in terms of economic... Read more