India steps out of recession - GDP grows 0.4% in Dec quarter Indian economy reported growth in the December quarter after two quarters of contraction. The nation's Gross Domestic Product (GDP) saw revival, albeit marginally, as economic activities resumed after a long and arduous lockdown and overall sentiment improved with the rollout of vaccination drive. As per government data, India's GDP increased 0.4 per cent during the third quarter ended December 31, 2020. Amazon Pay, Uber expand ...

The Bombay Plan, authored by the doyens of industry in 1944 first envisioned state planning, state ownership and control of industries to make India \"self-sufficient\" long before Nehru's ideas took root

Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year 2020-21 is estimated to attain a level of Rs 134.09 lakh crore, as against the first revised estimate of GDP for the year 2019-20 of Rs 145.69 lakh crore.

Indian economy fared marginally better than earlier estimated in the September quarter, though, as per the revised GDP estimates

GDP at Constant (2011-12) Prices in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore, as against Rs 36.08 lakh crore in Q3 of 2019-20, showing a growth of 0.4 per cent, government data showed

Announcing the budget, Gehlot said the state government did not propose any new tax in its budget for the financial year 2021-22 but announced relief measures of up to Rs 910 crore through various exemptions

The unlocking of economy saw domestic demand benefiting from festive tailwinds, pent up consumption, pickup in capacity utilisation and resumption in sectoral activities, DBS Bank said.

Persistent negative growth in rural wages and soaring corporate profits accompanied by job and wage cuts demonstrate a clear disconnect between growth/profits and wellbeing of ordinary Indians

States get permission to borrow 0.05 per cent of the Gross State Domestic Product (GSDP) for meeting the target set for the state for reduction in AT&C losses and an additional 0.05 per cent of GSDP for crossing the ACS-ARR gap target

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

FDI surge from Cayman Islands makes it the new Mauritius; chorus grows China might be routing investments into India through it

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

Barclays said the government appears set to launch its second phase of vaccinations for the elderly and people with co-morbidities in March, which should see absolute vaccine distribution improve.

Stock Market News Updates Today: Nestle India, Titan, RIL, ITC, HUL, HCL Tech, ONGC, HDFC, TCS, PowerGrid and ICICI Bank were among the top losers today. On the other hand, Bajaj Auto, SBI, Bajaj Finance and Reliance Industries were among the gainers

Stock Market Updates Today: Sun Pharma, ITC, HDFC were trading among the top losers today while RIL, L&T, Maruti were among the top gainers

The agency had earlier forecast FY21 fiscal deficit of states to be at 4.5 per cent but revised it later due to a sharper-than-expected contraction of 6.1 per cent y-o-y in the nominal GDP

Till now, 86 percent of the total estimated GST compensation shortfall has been released to the states and Union Territories (UTs) with legislative assembly

Post-budget cheer: Foreign investors pump in Rs 22,000 crore in February Overseas investors pumped in Rs 22,038 crore into the Indian markets in February so far amid positive sentiments around the Union Budget. According to depositories data, overseas investors poured Rs 20,593 crore into equities and Rs 1,445 crore in the debt segment, taking the total net investment to Rs 22,038 crore between February 1-12. Centre issues fresh SOPs to contain COVID-19 spread in offices The Union healt...

Finance Minister Nirmala Sitharaman will highlight key points of Union Budget 2021-22, including the fiscal consolidation roadmap during the meeting

India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism