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Reuters
May 5, 2021
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.0 last month from 54.6 in March, its lowest since January


Rashi Bisaria
New Delhi, May 5, 2021
COVID second wave, lockdowns threaten Q1 growth: UBS With the second wave of the pandemic and the resultant localised lockdowns pulling down economic activity in April, Swiss brokerage UBS on Tuesday said this will impact the first quarter GDP to some extent. The UBS India activity indicator, which is a measure of a complex set of real-time economic activity numbers, fell 7 percentage points to 95 last month. Foxconn, Wistron, Dell, Lava and 15 other firms apply for PLI investments Appl...


PTI
May 4, 2021
India's GDP growth had been on the decline even before the pandemic struck earlier last year


BusinessToday.In
May 3, 2021
Uday Kotak said, \"Given the current pandemic situation, safeguarding lives is of utmost priority and nationwide maximal response measure at the highest level is called for to cut the transmission links\"


Reuters
May 3, 2021
Data released by analytics firm IHS Markit showed purchasing managers' index (PMI) for April marginally rose to 55.5 after declining to a seven month low in March at 55.4


BusinessToday.In
May 3, 2021
Coronavirus in India: Kotak added that even though healthcare and frontline workers are giving their best efforts, it might not be possible for them to manage the escalating caseloads


Sumant Banerji
April 29, 2021
Japanese two wheeler maker Honda Motorcycle and Scooter India said it has decided to advance its annual maintenance shutdown in all its four factories to the first half of May. India's largest carmaker Maruti Suzuki India Ltd had also similarly advanced its annual maintenance shutdown


Joe C. Mathew & Ashutosh Kumar
New Delhi, April 29, 2021
With India firmly in the grip of the second Covid wave, the much-expected catapult from a buoyant Q1 is unlikely. How should the Centre steer a slowing economy?


Team BT
New Delhi, April 29, 2021
Industrialised states like Maharashtra, Gujarat and Delhi have been the most affected in the second Covid wave, resulting in large-scale migration of labour and posing a bumpy road ahead for businesses


PTI
April 28, 2021
India's economy is expected to grow 11 per cent in fiscal year (FY) 2021, which ends on March 31, 2022, amid a strong vaccine drive, ADB said in its flagship Asian Development Outlook (ADO) 2021


BusinessToday.In
April 23, 2021
M&M was the top Sensex loser falling over 2 per cent, followed by Dr Reddy's Bharti Airtel, Tech Mahindra, HUL, ICICI Bank and Infosys


Manoj Sharma
April 16, 2021
The lockdown-like curbs cast a dark shadow over India's ongoing economic revival. In fact, after the pent-up demand of July-Dec period subsided, the economy had started already losing momentum beginning January 2021, well before the second Covid wave intensified


Mudit Kapoor | Mohsin Shaikh
April 16, 2021
The second wave of Covid-19 has derailed India's hope of a quick economic recovery with some economic indicators showing signs of stress


Avneet Kaur
April 12, 2021
Today's market crash has triggered worries of a scenario like last year's when nationwide lockdown had left the stock market bleeding with benchmark indices plummeting around 40 per cent in a span of two weeks


PTI
April 7, 2021
Subdued foreign demand for services meant export business declined again, although the fall was the shallowest since February last year - not long before the full impact of the pandemic hit


BusinessToday.In
April 7, 2021
RBI MPC meet announcements: GDP growth forecast for FY2021-22 has been retained at 10.5 per cent, consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4


BusinessToday.In
April 6, 2021
The dip in output by around Rs 40,000 crore in the case of Maharashtra would lead to a decline in Gross value added (GVA) growth by 0.32% at the overall domestic economic level


PTI
April 5, 2021
The rating agency said the loss of economic activity will have a 0.32 per cent impact on the gross value added (GVA) growth at the national level. It revised down its national GDP growth estimate to 10.7 - 10.9 per cent from the 11 - 11.2 per cent


Mudit Kapoor
New Delhi, April 5, 2021
Despite improvement in manufacturing activity, India's Manufacturing Purchasing Managers' Index (PMI) fell from 58.9 in September 20 to 55.4 in March 21.


BusinessToday.In
April 5, 2021
Despite the surge in cases, it said, the recovery in economy is resilient with sustained improvement in majority of high frequency indicators.


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