Gopinath says India's strict lockdown had an impact on the economy, including a very large contraction in first quarter of fiscal year

Centre should increase healthcare budget for ramping up infrastructure to fight Covid-19, say healthcare service providers

Johnson & Johnson likely to report COVID-19 vaccine data next week; Speaking at virtual Davos Agenda Summit, French President Emmanuel Macron emphasised on the need for an economy that fights inequality as the means to move out of the COVID-19; Icra warns against fiscal tightening, pegs fiscal deficit at 5 per cent. Watch this and more news on News Blast. Listen: Johnson & Johnson likely to report COVID vaccine data next week

The stakeholders are keenly eyeing the much-anticipated regulatory changes in incentivising the domestic and foreign investments, easing the compliance burden on startups, among other measures, during the Budget 2021

Economists expect global economic activity to return to normality soon and India to grow in fiscal 2021-22

\"Tweaking of duties on these goods would help promote self-reliant India campaign and boost domestic manufacturing,\" says Finance Minister Nirmala Sitharaman

Delhi boy Laksh Gupta revealed that he got an offer of 100 per cent scholarship to study at the Higher School of Economics in Russia after he won a gold medal at the International Economics Olympiad.

Johnson & Johnson likely to report COVID-19 vaccine data next week Johnson & Johnson on Tuesday said it expected to report eagerly-awaited data on its Covid-19 vaccine early next week, and that it would be able to meet the delivery target for doses to countries with which it had signed supply agreements. Public health officials are increasingly counting on single-dose options like the one being tested by J&J to simplify and boost inoculations Economies must fight inequality, i...

Who is Deep Sidhu: Many farmer leaders have also accused Sidhu of being a BJP-RSS agent after his photos with Prime Minister Narendra Modi and BJP MP Sunny Deol made rounds on social media

December quarter registered an increased activity, with 10 IPOs in Q4 2020 in main markets versus five IPOs in Q4 2019 and four IPOs in Q3 2020. This represents an increase of 100% compared to Q4 2019 and an increase of 150% compared to Q3 2020

The agency sees the general government's fiscal deficit at 8.5 per cent in 2021-22 -- 5 per cent  for the Centre and 3.5 per cent for the states

With vaccination against the coronavirus underway, the sector is finally hopeful of a turnaround. It is also hoping for Finance Minister Nirmala Sitharaman to announce measures to substantiate this optimism

The Union Budget, to be presented on February 1, is likely to allow 100 per cent FDI in sectors like animation, visual effects, gaming and comics.

Agriculture and allied activities are expected to grow by 3.5 per cent during 2020-21.

Following the temporary app ban dated June 29, 2020, the government of India has issued a notice to TikTok on the permanent ban of the app in the country; Chinese President Xi Jinping on Monday called for global cooperation among countries and multilateralism to tackle the challenges faced by the world; The central government on Monday approved a proposal to levy a 'Green Tax' on old vehicles that are considered polluting to the environment. Watch this and more on News Blast.

The finance minister's announcement that budget 2021 will be like no other has created a lot of euphoria and excitement among citizens. But, at the same time, it has also fuelled concern regarding increase in taxes as the government will have to spend money on infrastructure and sectors affected by COVID such as-healthcare, tourism and hospitality. Watch the video as Rajesh Gandhi, Partner, Deloitte India explains how the balance can be achieved and expectations met given a tight fiscal situation prevailing in the economy. Budget 2021: COVID-19 crisis emphasises need for higher allocation for healthcare sector

In conversation with India Today TV, Nobel laureate Abhijit Banerjee discussed the economic implications of COVID-led lockdown and ways in which economic growth can be stimulated in the upcoming budget. The discussion revolved around the Oxfam report on  rising income inequality among people especially after COVID, when Indian billionaires' wealth rose by up to 35 per cent while 84 per cent households suffered some form of income loss. Watch the video for Banerjee's suggestions on bridging this income gap.

On January 25, equity indices closed 1% lower in a volatile trading session amid profit booking in global markets

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Even though the government is staring at a gaping hole on the revenue front in the current financial year due to the pandemic, tax practitioners are expecting tax relief under multiple heads in the estimates for 2021-22