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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


BusinessToday.In
April 15, 2021
Announcing its first-quarter results, Citigroup said it was closing retail banking operations in 13 countries across Asia, and parts of Europe to concentrate more on wealth management outside the US


Reuters
April 15, 2021
While the reading will be heavily skewed by the plunge in activity a year earlier, the expected jump would be the strongest since at least 1992, when official quarterly records started, according to the median forecasts of 47 economists polled by Reuters


PTI
April 15, 2021
In the report US-India Higher Education Partnership: A Win-Win Opportunity USISPF visualises tremendous opportunities for the two countries in the higher education segment from both trade and investment perspectives, which are crucial for the economic growth of both economies


PTI
April 14, 2021
On a quarterly basis, the impact will be much higher -- a 140 bps loss of nominal GDP in the first quarter, Barclays said in the report


Nidhi Singal
New Delhi, April 14, 2021
How location mapping services are helping businesses and governments work better


BusinessToday.In
April 13, 2021
Saying that the second wave presents a risk to India's growth forecast, Moody's said the Indian economy is still likely to grow in double-digits in 2021.


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


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...


Geeta Mohan
April 10, 2021
The government has maintained that according to the United Nations Convention on the Law of the Sea (UNCLOS) \"consent\" is essential before any ship is allowed to pass through the country's waters


PTI
April 9, 2021
India consumed 194.63 million tonnes of petroleum products in 2020-21 as compared with 214.12 million tonnes demand in the previous year, according to the latest data released by the oil ministry's Petroleum Planning and Analysis Cell (PPAC)


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


Reuters
April 8, 2021
The governor of Tokyo said on Thursday she would request that the central government adopt emergency measures in the capital in response to a sudden increase in coronavirus infections and the spread of a new variant of the virus


BusinessToday.In
April 8, 2021
IMF this week raised its growth forecast for the Indian economy by 100 basis points to 12.5 per cent for the fiscal year 2021-22. It expects India's GDP to grow 12.5 per cent in FY22, the highest among emerging and advanced economies


PTI
April 8, 2021
India's debt to GDP ratio increased from 74 percent to 90 percent during the COVID-19 pandemic, the International Monetary Fund has said


Niti Kiran
April 7, 2021
RBI has stated that accommodative stance will prevail as long as necessary to sustain growth on a durable basis and continue to mitigate COVID-19 disruptions, while keeping inflation under check


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
The change in the 2021 forecast for India is minuscule compared to earlier projections, IMF chief economist Gita Gopinath said


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


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