Banks provide the lifeblood to the financial well-being of different segments. In a crisis, wehave to do everything to safeguard their interests

First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

Most economic data points and indicators show that Indian stock markets are overheated

How the FM can make it a 'never before' Budget. Top experts weigh in

Coronavirus impact: Govt extends deadline for income tax filing, GST compliance The government has extended various tax compliance deadlines, including Income Tax Returns, tax audit reports and declaration under 'Vivad Se Vishwas Scheme, in view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19 pandemic. Farmers protest: Consensus between unions, govt on 2 issues, next talks on Jan 4 The sixth round of talks between t...

For first half of the current fiscal, India recorded a current account surplus of 3.1 per cent of GDP as against a deficit of 1.6 per cent in H1 of FY20 on the back of a sharp contraction in the trade deficit

The market rally has been much more broad-based in CY20; the BSE Small-Cap index gained nearly 30 per cent; the Mid Cap Index is up 20 per cent vis-a-vis the losses it incurred in CY18 and 19

India has been knocked off course by the pandemic and, as a result, the UK overtakes the country in this year's forecasts and stays ahead till 2024 before India takes over again, says a latest report by CEBR

The economy is reflating at a pace that beats most predictions, which was evident after the National Statistical Office data for the second quarter was released, says RBI report

H.M Bangur keeps costs and debt under check to deliver a winner

Ind-Ra says COVID-induced challenges will unlikely go away till mass vaccination becomes a reality but economic agents and activities seem to have adjusted to the post-COVID-19 world

ICRA says with a steady performance of agricultural sector and a lagged recovery in contact-intensive parts of services sector, it estimates a small contraction of 1 per cent in GDP in Q3

For April-November period of the current fiscal, exports dropped by 17.76 per cent to $173.66 billion, while imports declined by 33.55 per cent to $215.69 billion, resulting in a trade deficit of $42 billion

Taiwan has been the only nation to report fiscal surplus over the past three quarters (2.6 per cent of GDP). Hong Kong reported the highest fiscal deficit at 24.5 per cent of GDP followed by 19 per cent in South Africa

Rural unemployment jumped to 9.11 per cent from 8.56 per cent in week ending December 6, urban unemployment climbed to 11.62 per cent from 8.15 per cent in previous week

While many companies suffered due to the national lockdown and laid off workers, PhonePe has hired 500 people across departments since March 2020.

On month-on-month basis, employment declined by 0.9 per cent or 3.5 million in November, as against 0.1 per cent or 0.6 million fall registered in October

Attributing the GDP recovery to the manufacturing and services sectors, SBI in its report said the sector had minimised its losses by 91% from Q1, services sector by 43% and trade sub-segment by 80%

NITI Aayog Vice Chairman Rajiv Kumar said issue of asset monetisation is being discussed at highest level and that Centre will make sure the target is reached; also talked about more reforms in banking sector

RBI Governor says he hopes second half of the fiscal year will show positive growth; inflation is likely to remain elevated with some relief in winter months from prices of perishables and bumper Kharif arrivals, adds Das