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Shailendra Shukla
New Delhi, April 10, 2021
Fuel demand contracts 9.1% in FY21; first since 1998-99India's fuel demand contracted by a massive 9.1 per cent in the financial year ended March 31, the first in more than two decades, as a stringent lockdown imposed to curb the spread of the pandemic pummelled economic activity, government data showed on Friday. This is the first time that the fuel consumption has contracted since 1998-99, the most historical year for which government data is available. The demand contraction was led by di...


PTI
April 10, 2021
The International Monetary Fund Deputy Chief Economist, Petya Koeva Brooks, in an interview to PTI on Friday also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy


BusinessToday.In
April 9, 2021
The second wave could dent the sluggish recovery in consumer and corporate confidence, and further, suppress banks' prospects for new business, the global credit rating agency said on Friday


BusinessToday.In
April 9, 2021
Stocks to watch out for on April 9: JK Tyre, Muthoot Finance, Vodafone Idea, M&M Financial, Srei Equipment Finance and more


BusinessToday.In
April 8, 2021
While the volume gains in January-March are attributable to low base of March 2020, there has also been a sequential recovery in demand across sectors.


PTI
April 8, 2021
The Enforcement Directorate (ED) made these claims Wednesday in a remand note presented before a special court seeking enhanced custody of West Bengal police officer Ashok Kumar Mishra, also the inspector in-charge of Bankura police station


BusinessToday.In
April 8, 2021
Share market gainers today: UltraTech Cement, Titan and Tech Mahindra were among top five gainers on BSE Sensex pack on April 8


BusinessToday.In
April 8, 2021
Eligible participants are required to submit their bids in electronic format on the RBI Core Banking Solution (E-Kuber) system between 10 am and 11 am on April 15. The apex bank said that physical bids will be accepted only in the event of a system failure


BusinessToday.In
April 8, 2021
Sensex closed 84.45 points higher at 49,661 and Nifty gained 54 points to 14,873


BusinessToday.In
April 8, 2021
The insurer acquired 12 lakh shares, representing 0.097 per cent stake, of Mahindra Finance through open market transactions.


Aprajita Sharma
April 8, 2021
For the financial year 2020-21, equity fund flows remained net negative as outflows persisted from July 2020 to February 2021. The outflows were triggered by a bounce-back in the market post Covid crash that drove investors to book profits or rebalance their portfolios


PTI
April 8, 2021
Without them, without those fiscal and monetary measures, the global contraction last year would have been three times worse. This could have been another Great Depression, IMF Managing Director Kristalina Georgieva noted


Sumant Banerji
April 7, 2021
To begin with, Citroen has set up dealerships in 10 major cities in the country but given the pandemic situation, its focus is more on online sales. It has also launched 100% direct online buying for the C5 Aircross SUV which covers customers in over 50 Indian cities outside the dealer network


Avneet Kaur
April 7, 2021
The RBI will purchase government securities worth Rs 1 lakh crore under GSAP 1.0 in Q1FY22. It had purchased bonds worth around Rs 3.13 lakh crore from the secondary market in FY21.


BusinessToday.In
April 7, 2021
Share market gainers today: SBI, M&M, Nestle India, IndusInd Bank and ICICI Bank were among top five gainers on BSE Sensex pack on April 7


BusinessToday.In
April 7, 2021
Sensex closed 460 points higher at 49,661 and Nifty gained 135 points to 14,819


BusinessToday.In
April 7, 2021
Of this, 4.20 crore PMMY loans were sanctioned in 2020-21 alone, under which Rs 2.66 lakh crore were disbursed in the fiscal year (As on 19.03.2021)


BusinessToday.In
April 7, 2021
Industrial workers travelling by private buses and vehicles can travel at all times using valid ID card, while students can also travel to give exams with valid hall tickets.


BusinessToday.In
April 7, 2021
The RBI today announced that it is proposing to enable non-bank payment systems like PPIs, card networks, wide-level ATM operators, among others to take direct membership in the Centralised Payment Systems


BusinessToday.In
April 7, 2021
The central bank had projected CPI of 5.2 to 5% in the first half (August to September) of 2021-22. The new forecast is an indicator of the hardening of inflation in the economy


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