Budget 2021: Indian economy had started dwindling in FY18 when the growth declined to 7.04 per cent from 8.26 per cent in the previous fiscal. The GDP growth further declined to 6.15 per cent in FY19 and 4.2 per cent in FY20, which was the lowest in 44 quarters

How the FM can make it a 'never before' Budget. Top experts weigh in

Investor risk sentiment improved after positive macro-economic data released on the domestic front. Traders said better than expected GDP and PMI data amid unabated foreign capital inflows also strengthened market sentiment

Dalal Street today: UltraTech Cement followed by Infosys, Sun Pharma, Bajaj Auto PowerGrid, ICICI Bank and IndusInd Bank were among the top gainers in the Sensex pack. On the other hand, ONGC, M&M, Nestle India, Axis Bank and HDFC were among the laggards

\"The economic growth rate, though, contracted in second quarter but it is better than most estimates. The contraction has reduced considerably if compared quarter-on-quarter,\" said Nish Bhatt, Founder & CEO, Millwood Kane International

CEA Subramanian said that he expects the full-year GDP growth numbers to be better than the estimated contraction of 8-9 per cent, advising people to people to practise caution till the pandemic subsides

The pace of contraction in the September quarter is considerably slower than the 23.9 per cent decline registered in the June quarter, bolstering hopes of recovery

While this marks second consecutive quarter of GVA contraction, it also means a substantial recovery from steepest ever contraction of 22.8 per cent in Q1, says the think tank

Barclays is upbeat about an economic revival in the economy from FY22 and has also raised its (FY22) GDP growth forecast to 8.5% from 7.0% earlier, to reflect a faster recovery in services amid continued policy support

Goldman Sachs added that it expects corporate profits to rebound 27% next year and a further 21% in 2022, after an expected decline of 11% YoY this year, as the economy recovers from the pandemic-induced contraction

India Stock Market News Updates Today: SBI, IndusInd Bank and Kotak Bank were among the top Sensex losers today. On the other hand, HUL, ITC and L&T shares ended in green

Extending gains for the sixth straight day, Sensex jumped 632 points to hit an all-time high of 42,535, while Nifty gained 182 points to touch a new high of 12,445

India Stock Market Highlights Today: Global equities were mostly negative today as surging coronavirus cases and lack of clarity on the US stimulus package kept sentiments bearish

Listing sector-wise expectations, ICRA said that construction, trade, transport, hotels, communications, and services related to broadcasting are likely to recover at the slowest pace

The RBI in its assessment has said that the contraction in economic activity is likely to prolong into the second quarter (July-Sept) of 2020-21

Globally, markets in Asia and Europe were trading higher on Thursday. European markets rose as investors took cues from corporate earnings but gains were capped as economic data were weaker than expectation.

India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.

Manufacturing PMIs were in the expansionary zone in most European economies while some of the Asian economies including Indonesia, Japan, South Korea registered sharp improvements over June 2020

\"We were expecting these numbers to look quite dismal, although this is worse than what we had expected,\" said Steve Cochrane, economist at Moody's Analytics

India's GDP grew 1.6 per cent and 1.4 per cent, sequentially in the last two quarters, while it contracted by 4.2 per cent in the June quarter