Axis Bank says that leading and concurrent high frequency indicators are showing signs of plateauing at about 3 per cent below pre-lockdown levels, which is a cause for worry

Ace investor Rakesh Jhunjhunwala believes that Tesla CEO Elon Musk is a \"true pioneer and entrepreneur\", however, he wasn't sure about his electric vehicle company's valuation; The Reserve Bank of India (RBI) on Monday, March 1, said India's economic activity is gaining momentum on COVID-19 vaccination roll out and decrease in infections, but private investment is missing; A Chinese state-backed hacking group has in recent weeks targeted the IT systems of two Indian vaccine makers whose coronavirus shots are being used in the country's immunisation campaign, cyber intelligence firm Cyfirma told Reuters. Watch this and more on News Blast.Also Read: 85% women in India miss out on a raise, promotion because of gender: LinkedIn

Expect domestic air passenger traffic to return pre-COVID level by 2022-23, says ICRAExpecting domestic air passenger traffic to return to the pre-COVID-19 level by the financial year 2022-23 and international by 2023-24, rating agency ICRA on Monday said there could be a delay in the commercialisation of expanded capacity by 9-12 months. ICRA also said the cargo volumes are likely to grow around 36 per cent in 2021-22 and six per cent in 2022-23 after a 25 per cent contraction this fiscal, ...

The monthly GST collection crossed Rs 1 lakh crore mark for the fifth time in a row and Rs 1.1 lakh crore mark for the third straight month.

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

India had recorded a de-growth of 24 per cent and 7.5 per cent in GDP in the first and second quarters ended June and September 2020, respectively, as the government enforced one of the strictest lockdowns across the country amid coronavirus

Patanjali's Coronil not to be sold in Maharashtra without 'proper certifications' The sale of Patanjali's Coronil tablets will not be permitted without \"proper certifications\" in Maharashtra, said the state's Home Minister Anil Deshmukh on Tuesday. Deshmukh's statements come a day after the Indian Medical Association (IMA) expressed shock over Patanjali's claims of getting WHO certification for Coronil tablets, which it says is an evidence-based medicine to fight COVID-19. Uttarakhand f...

The ICRA sample pool of 12 brokerage companies registered an annualised growth of 34 per cent in broking income and 21 per cent in total revenues in H1 FY2021

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.

\"State-run Corporations do not have required expertise to conduct the mining activities and the inefficiencies that will creep up in the activities of corporation will mess up the livelihood\", says GMPF President Puti Gaonkar

A majority of early economic indicators lost steam in January 2021, relative to December 2020, partly because of an unfavourable base effect, supply-side issues and price hikes.

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

To emerge stronger, it is important for us as a country to bridge the gap between policy announcements and their implementation by strengthening and empowering institutions to bolster economic growth

Brihanmumbai Municipal Corporation (BMC) mayor Kishori Pednekar on February 16 said that another lockdown will be imposed in the city if people don't abide by COVID-19 norms; Bolstered by revival in private consumption and government spending, India is set to exit the recession caused by the coronavirus pandemic in the third quarter of this fiscal, projected rating agency ICRA; Tata Group will buy a 68% stake in online grocery startup BigBasket for about Rs 9,500 cr. Watch this and more on News Blast.Also Read: Why gold prices are falling

India to emerge out of COVID-induced recession in Dec quarter: ICRA Bolstered by revival in private consumption and government spending, India is set to exit the recession caused by the coronavirus pandemic in the third quarter of this fiscal, projected rating agency ICRA. The agency estimated Indian economy to record a rise of 0.7 per cent in Q3 FY21, after two very unfavourable quarters. Mumbai to face another lockdown if people violate COVID-19 rules: BMC mayorBrihanmumbai Municipal C...

The RBI in its Financial Stability Report, released last month, said GNPAs or gross non-performing assets of NBFCs increased to 6.3 per cent as of March 2020 from 5.3 per cent as of March 2019

The forecasted growth in Q3 FY2021, while undoubtedly mild and uneven, is nevertheless welcome, as it signifies that the economy has exited the COVID-19 pandemic-induced recession, ICRA said

Tata Steel's earnings before interest, tax, depreciation and amortisation (EBITDA) rose 160 per cent to Rs 9,540 crore, highest ever in a quarter.

There has been a sharp rise in steel prices since June and there have been complaints from various quarters against this.