Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 1503 results found. Search for [ India GDP forecast ]

Results 1 to 21 of 1503
Joe C Mathew
June 21, 2021
In a year when global FDI flows dropped by 35 per cent to $1 trillion, FDI flows to developing countries in Asia increased by 4 percent to $535 billion, reflecting resilience amid global FDI contraction, the UNCTAD World Investment Report 2021 said


PTI
June 13, 2021
The ex-RBI bank governor said earlier expectations of a sharp economic recovery this year have been dashed by the new pandemic wave


BusinessToday.In
June 11, 2021
ICRA said that if the vaccine coverage is accelerated following the re-centralised procurement policy, then the GDP growth could be as high as 9.5 per cent, with a widening upside in Q3 and Q4 of FY22


BusinessToday.In
June 9, 2021
The ministry says as per India's demographic distribution, 86.5 crore people or 63.1 per cent of the population is above 18 years of age. Assuming herd immunity at 80 per cent, the target population to be vaccinated is 70 crore, it adds


Rashi Bisaria
New Delhi, June 9, 2021
Anil Agarwal's Vedanta to acquire Videocon from insolvencyThe Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Group's Twin Star Technologies' resolution plan for beleaguered Videocon Industries Ltd. As per the resolution plan, Twin Star Technologies will pay Rs 2,962 crore against Videocon's total debt of Rs 31,000 crore.Centre caps vaccine prices for private hospitals; Covishield at Rs 780, Covaxin Rs 1,410A day after Prime Minister Narendra Modi said private...


Anand Adhikari
New Delhi, June 8, 2021
The second covid wave has already impacted the pace of economic recovery as seen from the GDP downgrades by the Reserve Bank of India, global rating agencies, and other global institutions. Given the widening fiscal deficit and higher public debt, there is now a threat of a sovereign rating downgrade if another Covid wave hits the economy. The risk of a downgrade comes from a slowing growth momentum, widening fiscal deficit, higher inflationary pressure, and a stressed banking sector. The RBI's ability to pump in another liquidity bonanza like 8 per cent of GDP in the first pandemic year 20-21 is also not possible. The current fiscal deficit at 9.3 per cent of GDP for 20-21 is one of the highest in recent decades. The banking sector has entered the crisis with 8 per cent gross NPAs Post the second wave, the real stress in banks, NBFCs, and other entities are hidden because of regulatory forbearances especially loan moratorium, govt guarantees, and one-time loan restructuring. There is a lot on the government's shoulders to avoid a rating downgrade as it would have serious implications.Also Read: World Bank cuts India's FY22 GDP growth forecast to 8.3% from 11.2%


BusinessToday.In
June 8, 2021
boAt grew 576 per cent year-on-year (YoY) in the quarter, capturing three spots in the top five models list for shipments during the March quarter.


BusinessToday.In
June 8, 2021
A World Bank report said although forecast has been revised up by 2.9 percentage points, this masks significant expected economic damage from an enormous second COVID-19 wave and localised mobility curbs since March


BusinessToday.In
June 7, 2021
NCLT said the approval for Piramal Group's offer is subject to final judgement from NCLAT and Supreme Court's judgement on Kapil Wadhawan in the matter.


BusinessToday.In
June 7, 2021
As per CRISIL economists, Covid-19 restrictions will continue and mobility will remain affected in some form or other, at least till August. Also, the pace of vaccination will play a huge role in economic recovery


Reuters
June 5, 2021
Spot gold jumped 1% to $1,889.27 per ounce by 1:46 p.m. EDT (1746 GMT), having earlier in the day hit its lowest since May 19 at $1,855.59. It was down 0.7% for the week so far


BusinessToday.In
June 5, 2021
Kumar's statements came a day after the Reserve Bank of India (RBI) lowered the country's growth forecast for the current fiscal by a percentage point to 9.5 per cent from 10.5%


Avneet Kaur
June 4, 2021
If growth recovery gets back on track as Covid-19 infections decline, focus may shift to policy normalisation. Fund managers say RBI has already exhausted monetary policy options to support growth and any further reduction in policy rates is unlikely


BusinessToday.In
June 4, 2021
Sensex closed 132 points lower at 52,100 and Nifty slipped 20.10 points to 15,670


Anand Adhikari
June 4, 2021
The sudden call for deficit financing has gathered after the second Covid wave and its impact on the pace of economic recovery. The two successive years of Covid disruption have increased income inequality globally


BusinessToday.In
June 4, 2021
RBI will also purchase Rs 40,000 crore of government securities, comprising state development loans worth Rs 10,000 crore under the ongoing G-SAP 1.0 via an auction on June 17


Anand Adhikari
June 4, 2021
As per RBI's new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5  per cent. This is mainly because of lockdowns in various states.


BusinessToday.In
June 4, 2021
India's foreign exchange reserves jumped by $2.865 billion to hit a record high of $592.894 billion for the week ended May 21, bolstered by gold and currency assets, RBI data showed on Friday


BusinessToday.In
June 4, 2021
RBI Monetary Policy Committee meet: Reserve Bank of India (RBI) Governor Shaktikanta Das kept the repo rate unchanged at 4%, retaining the accommodative stance to aid economic recovery. The central bank also trimmed FY22 GDP forecast to 9.5% from 10.5%


BusinessToday.In
June 2, 2021
Consistent reforms and strong fundamentals have ensured India had a swift rebound from a contraction of 24.4 per cent in the 1st quarter of FY 2020-21 to a growth of 1.6 per cent in 4th quarter of FY21, says Thakur


PAGES 1 OF 76  12345