News Headlines

India to see ‘K-shaped’ recovery as demand hit, says ex-RBI head Duvvuri Subbarao

The Indian economy’s recovery is likely to be shaped like a K rather than a V, as rising inequality is poised to hit consumption and growth prospects, the country’s former central bank governor said. “An important consequence of the pandemic has been the sharpening of inequalities,” Duvvuri Subbarao said in an April 9 interview. “Growing […]

Budget 2020

NABARD says balance sheet grew 24%

The National Bank for Agriculture and Rural Development (NABARD) on Tuesday announced a 24% growth in its balance sheet for FY21. NABARD said its balance sheet grew to ₹6.57 lakh crore in FY21, compared with ₹5.32 lakh crore in FY20, an increase of 24%. Loans and advances grew from ₹4.81 lakh crore to ₹6.03 lakh […]

News Headlines

News LIVE Updates: Retail inflation rises to 5.52 per cent in March, CPI based retail inflation stood at 5.03 per cent in Feb – The Economic Times

Retail inflation rose to 5.52 per cent in March, mainly on account of higher food prices, government data showed on Monday. CPI based retail inflation stood at 5.03 per cent in February. The rate of price rise in the food basket accelerated to 4.94 per cent in March, as against 3.87 per cent in the […]