GVA equivalent of manufacturing companies arrived at after adding up wages, depreciation, interest and profit before tax (PBT) grew a robust 17 per cent, on a yearly basis in Q3 FY21

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

In a report on Monday, Moody's Investors Service said the proposal will commit the largest 25-30 NBFCs to regulations similar to banks regarding capital, credit concentration and governance

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

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

There has also been a 55 per cent increase in time spent on social media, and 45 per cent rise in time spent gaming on smartphones. Interestingly, the average duration of clicking pictures has increased to 18 minutes in a day

The explosion which happened at SpaceX's rocket facility in Texas on December 9 was caught on live video

The possible over Rs 40,000-crore liquidity through the ECLGS 2.0 will be sufficient to help companies, including those hit by a sharp decline in cash flows because of the pandemic, to overcome liquidity pressures, says a Crisil report

Our estimate of Q2 FY21 is aligned with the economic growth seen by various economies in Q32020; GDP contraction halved in Q3 compared to Q2 for select 18 economies, say SBI Ecowrap report

SpaceX launched the first operational mission under NASA's Commercial Crew Program with four astronauts on board to the International Space Station (ISS) from Kennedy Space Center in Florida early Monday. The mission, christened Crew-1, is the first in a series of regularly scheduled trips to take four crew members for a six-month stay at the space station. Watch the video to know more.Also Read: 'Dr Jekyll or Mr Hyde': The moody Elon Musk and his wary employees

\"Most of the benefits announced today are for large corporate and foreign incoming companies to attract fresh investments. Ground level issues and problems at delivery points in the existing schemes and packages have not been recognised and resolved,\" says KE Raghunathan, convenor, Consortium of Indian Association

India Stock Market News Updates Today: SBI, IndusInd Bank and Kotak Bank were among the top Sensex losers today. On the other hand, HUL, ITC and L&T shares ended in green

Some people close to him hold substances, including alcohol andmarijuana, which he's seen obsessing about on social media, culpable for hisunpredictable behaviour. Musk has however, denied all such allegations of himdoing substance abuse

The World Bank said that the downgrade in India's GDP is reflective of the nationwide lockdown and the income shock experienced by households and firms due to the coronavirus pandemic

The agencies believe that since Airtel is not required to make lumpsum AGR payment to Department of Telecommunications, the telco can use some of its recently-raised funds to deleverage

\"I remain confident that India's long-term growth potential remains intact despite the COVID setback. The IMF also has estimated that the Indian economy will rebound to 6 per cent in FY22,\" Birla said

Moody's said that Bharti Airtel's profitability has improved due to moderation in industry competition, rise in its 4G customer base, and a tariff hike from December 2019

Moody's cut its ratings on the UK-based engine-maker's bonds by two notches to Ba2 from Baa3, meaning its bonds are now regarded as non-investment grade, and also gave the company as a whole a Ba2 rating with a negative outlook

Essentially, neobanks are like traditional banks, but with a strong digital touch and customised solutions. They do not have direct banking licences by the RBI. They tie up with traditional banks to provide banking services licenced to them, but with digital tools

In 2019, Ambani said that the company had invested Rs 5.4 lakh crore since 2014. No other group in India has been able to execute a similar scale of expansion with such huge investments in this period