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Total 8196 results found. Search for [ gdp growth ]

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BusinessToday.In
June 24, 2021
RIL AGM Live Updates: JIOPHONE NEXT is a fully featured smartphone supporting the entire suite of applications from both Google and Jio, says Mukesh Ambani


BusinessToday.In
June 24, 2021
S&P said that permanent damage to private and public sector balance sheets will constrain growth over the next couple of years. For the next fiscal ending March 31, 2023, the agency projected India's growth at 7.8 per cent


Anand Adhikari
New Delhi, June 23, 2021
In the past two years, the monetary policy has done most of the heavy lifting by keeping surplus liquidity in the system and low-interest rates to support the growth. It is now time for the fiscal policy to take the burden off from the RBI as the central bank has to address the inflation issue and plan an exit from the easy monetary policy. What more can be done on the fiscal side as the Union budget clearly lays down the fiscal measures for 2021-22? There are also fiscal constraints. The government has set a new 5-year fiscal consolidation path to 4.5 per cent fiscal deficit of GDP by 2025-26. The public debt to GDP which includes both center and state govt debt is 90 per cent of the GDP. The additional fiscal stimulus, if any, has to be very focused because of the resource constraints. First, the govt should do whatever it takes -- to vaccinate all and also faster. There is a big demand to increase the direct income support for the poor, which are the hardest hit by local lockdowns. The government guarantee to banks is another area where the banking system could be used to provide funds to sectors worst affected by the lockdowns. Clearly, the burden of supporting the economic recovery is gradually shifting to fiscal policy as the monetary policy globally is taking a reversal with central banks preparing for hiking rates and withdrawing the surplus liquidity. Also Read: Moody's slashes India 2021 growth forecast to 9.6% from 13.9%


PTI
June 23, 2021
\"The virus resurgence adds uncertainty to India's growth forecast for 2021; however, it is likely that the economic damage will remain restricted to the April-June quarter. We currently expect India's real GDP to grow at 9.6 per cent in 2021 and 7 per cent in 2022,\" Moody's said


Joe C Mathew
June 21, 2021
In a year when global FDI flows dropped by 35 per cent to $1 trillion, FDI flows to developing countries in Asia increased by 4 percent to $535 billion, reflecting resilience amid global FDI contraction, the UNCTAD World Investment Report 2021 said


PTI
June 20, 2021
With growth drivers such as favourable demographics, increasing per capita and disposable income, and growing consumption, India is expected to return to a strong growth trajectory, despite uncertainty over near-term outlook, Tata added


PTI
June 20, 2021
Subramanian added that the demand for a fresh stimulus package has to be considered against the backdrop of a host of initiatives taken by Finance Minister Nirmala Sitharaman in her budget for 2021-22 presented in February


PTI
June 18, 2021
The government and unions have held 11 rounds of talks, the last being on January 22, to break the deadlock and end the farmers' protest. Talks have not resumed since January 26 violence


BusinessToday.In
June 18, 2021
Mohan says there is a mismatch between the performance of the real sector and financial markets. RBI this month revised its real GDP projection from 10.5 per cent to 9.5 per cent in 2021-22 amid second Covid-19 wave


PTI
June 16, 2021
Perhaps the most worrying trend is that emerging market jobs are most at risk of automation because of the low-/mid-skilled nature of sectors like manufacturing, highlighting the risk of premature de-industrialisation


Joe C Mathew
June 15, 2021
Analysts do not expect RBI to tweak the lending rates immediately to manage inflation though the rate exceeds the inflation target range set by the Reserve Bank of India (RBI)


Nevin John
June 14, 2021
The Adani Group, which has a combined market value of Rs 9.5 lakh crore, will also benefit from value unlocking in cement business, said industry experts.


PTI
June 13, 2021
The ex-RBI bank governor said earlier expectations of a sharp economic recovery this year have been dashed by the new pandemic wave


BusinessToday.In
June 11, 2021
ICRA said that if the vaccine coverage is accelerated following the re-centralised procurement policy, then the GDP growth could be as high as 9.5 per cent, with a widening upside in Q3 and Q4 of FY22


BusinessToday.In
June 10, 2021
The former RBI Governor said that when people say the central bank should print money to finance the government's deficit they don't realise that it is doing so even now but indirectly


Dr. Azad Moopen
New Delhi, June 9, 2021
The pandemic has fast-tracked adoption of smart healthcare solutions globally


BusinessToday.In
June 9, 2021
The ministry says as per India's demographic distribution, 86.5 crore people or 63.1 per cent of the population is above 18 years of age. Assuming herd immunity at 80 per cent, the target population to be vaccinated is 70 crore, it adds


BusinessToday.In
New Delhi, June 9, 2021
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Group's Twin Star Technologies' resolution plan for beleaguered Videocon Industries Ltd; The World Bank's Board of Executive Directors has approved a $500 million program to support the Government of India's nationwide initiative to revitalise MSME (micro, small and medium enterprise) sector; After finance minister Nirmala Sitharaman's directions, Infosys co-founder and its chairman Nandan Nilekani said on Tuesday that he and his team are working to resolve issues observed on Day 1 of the launch of the new e-filing income tax platform. Watch this and more on News Blast.Also Read: Richer they are, lesser the tax: Jeff Bezos, Elon Musk, other rich Americans paid little to nothing


Rashi Bisaria
New Delhi, June 9, 2021
Anil Agarwal's Vedanta to acquire Videocon from insolvencyThe Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Group's Twin Star Technologies' resolution plan for beleaguered Videocon Industries Ltd. As per the resolution plan, Twin Star Technologies will pay Rs 2,962 crore against Videocon's total debt of Rs 31,000 crore.Centre caps vaccine prices for private hospitals; Covishield at Rs 780, Covaxin Rs 1,410A day after Prime Minister Narendra Modi said private...


PTI
June 9, 2021
In its latest edition of Global Economic Prospects, the World Bank said that at the same time many emerging markets and developing economies continue to struggle with the COVID-19 pandemic and its aftermath


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