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PTI
April 18, 2021
While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr Kumar remained hopeful that the country's economy will grow 11 per cent in the current fiscal ending March 31, 2022


PTI
April 18, 2021
Nomura has downgraded projections of economic growth for the fiscal year ending March 2022 to 12.6 per cent from 13.5 per cent earlier, JP Morgan now projects GDP growth at 11 per cent from 13 per cent earlier


PTI
April 17, 2021
We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said


BusinessToday.In
April 16, 2021
Sensex closed 28.35 points higher at 48,832 and Nifty rose 36.40 points to 14,617 in choppy trade today


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


Joe C Mathew
April 16, 2021
ISA, as well as steelmakers have been deliberating with the government and points of concerns have been shared like a longer gestation time is required for steel mills to realise PLI benefits instead of five years, Dilip Oommen, President of Indian Steel Association (ISA) and CEO of AM/NS (ArcelorMittal/Nippon Steel) India says


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 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


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


Rajeev Dubey
New Delhi, April 14, 2021
With total incentives committed going as high as Rs 1.99 lakh crore over five years, PLIs now rival some of the biggest Government of India outlays such as Rs 3.05 lakh crore for reforms-based result-linked power distribution sector scheme and the Rs 1.4 lakh-crore Swachh Bharat Mission (Urban)


Manu Kaushik
New Delhi, April 14, 2021
The latest Business Today Business Confidence Index (BCI) shows slight improvement in overall sentiment despite the pessimism around economic and business issues


Joe C Mathew and Nidhi Singal
New Delhi, April 14, 2021
The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't


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.


Sumant Banerji
April 12, 2021
Yet, this was the second straight year of double-digit decline in the auto industry. The low base helped prop up numbers in one quarter but makes the narrative even more worrisome for the full year


Reuters
April 12, 2021
India racked up the world's highest daily tally of coronavirus infections with 168,912 new cases on Monday, overtaking Brazil as the second-most affected country by the pandemic and causing a plunge in Indian stocks and the rupee


Aseem Thapliyal
April 12, 2021
Sensex crashed 1,707  points or 3.44 per cent to end at 47,883 and Nifty plunged 524.05 points or 3.53 per cent to finish at 14,310


BusinessToday.In
April 12, 2021
Tata Power's subsidiary, Tata Power Renewable Energy Ltd (TPREL), had last year initiated talks to raise $500-$750 million for its renewable energy platform.


Joe C Mathew
April 12, 2021
The report says that with the right policy push, the industry has the potential to be on par with the size of the European music market in a decade


BusinessToday.In
April 12, 2021
Nomura says revision in GDP forecast reflects impact second Covid-19 wave could have on Indian economy. It expects second wave to result in weaker sequential momentum in Q2 (Q1FY22)


BusinessToday.In
April 12, 2021
India VIX , the Indian market's  volatility gauge, rose 16.17% to 22.99 on Monday, signalling heightened negative sentiment on Sensex and Nifty


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