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[ country's fiscal deficit ]
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India's exports fall by 0.3% in February after two months of growth
Niti Kiran
March 3, 2021
Fall in India's exports comes after a year-on-year (y-o-y) growth of 6.2 per cent and 0.1 per cent in exports in the previous two months
Share Market Highlights: Sensex ends 1,145 points lower, Nifty at 14,675; M&M, TCS, L&T, Dr Reddy top losers
BusinessToday.In
February 22, 2021
Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers
Whose advice should Finance Minister Nirmala Sitharaman follow - RBI or Chief Economic Advisor?
Anand Adhikari
February 19, 2021
The RBI working paper co-authored by RBI Deputy Governor Michael Debabrata Patra, who is also a member of the six-member monetary policy committee has recommended that maintaining the inflation target at 4 per cent is appropriate for the country
Inflation band review: Will it accommodate higher borrowings, fiscal consolidation path?
Anand Adhikari
February 18, 2021
The inflation target could be tweaked to accommodate the government's higher borrowing plan of Rs 12 lakh crore in 2021-22
India's exports up 6.16% in January; trade deficit narrows to $14.54 billion
BusinessToday.In
February 15, 2021
The country's exports grew by 6.16 per cent to $27.45 billion in January 2021 as compared to $25.85 billion in the same period last year, driven by growth in pharmaceuticals, iron ore and engineering sectors
India Today Conclave: Amit Mitra defends Bengal's growth model, accuses centre of destroying federalism
BusinessToday.In
February 11, 2021
On GST compensation, trust is lost. The Centre has cut central schemes in the name of reorganisation. They even cut our devolution, which is a constitutional right. They increased cess and surcharge, said West Bengal Finance Minister Amit Mitra
Budget rally adds Rs 14 lakh cr to market wealth as Sensex zooms 4,329 pts in 4 sessions
Aseem Thapliyal
February 4, 2021
Sensex has added 4,329 points this week as FM Nirmala Sitharaman presented a growth-oriented Budget, with higher fiscal deficit limits and privatisation plans on February 1
FDI hike in insurance, LIC IPO, privatisation of state-run insurers credit positive: Moody's
Chitranjan Kumar
February 3, 2021
Lenient FDI regulations, listing of LIC, and privatisation of a government-owned general insurer should benefit the broader domestic insurance market as these entities hold dominant positions, says Moody's
Large fiscal deficit, consolidation to pressure India's ratings: Fitch
Reuters
February 2, 2021
Fitch had placed India's \"BBB-\" rating on a negative outlook in June 2020 due to the pandemic's impact on growth prospects and the challenges of the high debt burden
Budget 2021 will boost infra, create new jobs: US chamber of commerce
PTI
February 2, 2021
The finance minister has done a remarkable job in presenting a growth-focussed budget during the unprecedented COVID-19 pandemic-hit circumstances, president of the USA India Chamber of Commerce Karun Rishi said
Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281
BusinessToday.In
February 1, 2021
Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index
New investments fail to pick up in Dec quarter, big project announcements expected in FY22
BusinessToday.In
February 1, 2021
As many as 450 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.28 lakh crore, according to a report by the Ministry of Statistics and Programme Implementation
Budget 2021 Highlights: Chidambaram lashes out at govt; says migrants, farmers deceived
BusinessToday.In
February 1, 2021
Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil
Pharma sector expects a booster shot, tax sops from FM Nirmala Sitharaman
Vamsi Maddipatla
February 1, 2021
With a cohesive effort from both public and private players, the Indian bio-pharma industry has the potential to unlock tremendous growth over the next few years
Budget 2021: How bad is the fiscal deficit situation?
BusinessToday.In
February 1, 2021
Based on the current trends in the GDP, the fiscal deficit, difference between the government's total revenue and total expenditure, is expected to be around 7.5 per cent of the GDP for the current fiscal owing to moderation in revenue collection due to the COVID-19 crisis
Budget 2021: Will govt provide income tax relief in Covid-hit year?
BusinessToday.In
January 31, 2021
Budget 2021: Several recommendations have been sent to Centre to provide relief to taxpayers in terms of tax deduction, slabs and rates but it's unlikely as the Centre's finances have badly hit due to pandemic
Economic Survey 2020-21 fires a salvo at global credit rating agencies
Anand Adhikari
January 29, 2021
Currently, India is rated investment grade by three major rating agencies - S&P, Moody's and Fitch. Post Covid, Moody's has retained a negative outlook on India's rating. Fitch had also changed the outlook to negative. S&P had, however, reaffirmed its rating and outlook
Union Budget 2021: How Sensex, Nifty moved on Budget Day in last 10 years
Rupa Burman Roy
January 28, 2021
Of the last 10 budgets, the stock market has closed lower six times. Twice the indices closed over 1% lower (2012, 2013). This excludes Budget 2020's 2.4% drop in Sensex, the worst budget-day plunge since 2009
Budget 2021: Centre may change custom duties on host of goods
PTI
January 27, 2021
\"Tweaking of duties on these goods would help promote self-reliant India campaign and boost domestic manufacturing,\" says Finance Minister Nirmala Sitharaman
COVID-19 positive children more likely to transfer infection than adults: Lancet
Rashi Bisaria
New Delhi, January 22, 2021
Fire at Serum Institute: 5 dead, company to pay Rs 25 lakh compensation to families Serum Institute of India (SII) Chairman & Managing Director Cyrus Poonawalla on Thursday expressed sorrow on the loss of lives due to the fire that broke out at its under-construction facility in Pune. He said that the company will be offering a compensation of Rs 25 lakh to each of the families of the deceased, in addition to the mandated amount as per the norms. SII is manufacturing the Covishield vacc...
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