In its 'Global Macro Outlook 2021-22 report, Moody's says India's economy has rebounded quickly from one of the world's longest and most stringent lockdowns, which also came with steepest fall in GDP in Q2

Foreign portfolio investment (FPIs) pumped in Rs 24,204 crore into Indian equities and Rs 761 crore in the debt segment, taking the total net investment to Rs 24,965 crore during February 1-19

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

Stock Market News Updates Today: ONGC, SBI, Power Grid, RIL, NTPC, ITC, Tech Mahindra, Infosys, RIL, TCS and IndusInd Bank were among the top gainers. On the other hand, Axis Bank, Bajaj Finserv, HDFC Bank, HUL, HDFC, Airtel and L&T were among the top losers today

IMF's report had said that aggressive policy measures amidst the pandemic helped prevent worse outcomes during the recession.

For people to benefit, the budget needs overhauling to create jobs; revive small businesses; address poverty and health and education deprivations. Pursuing the existing paradigm of growth may push GDP and stock markets up without improving the living standards of the vast majority

Here's what different agencies predict on India's economic growth

Gopinath says government should carry on cash support to poor people in this financial year as well. She says Centre should focus on expanding employment guarantee scheme MGNREGA

Nifty 50, that is already trading in the overbought zone, fell from the key level of 14K today. With today's fall, the equity market has turned negative year-to-date as Sensex and Nifty fell 0.71 and 0.16%, respectively

Gopinath says India's strict lockdown had an impact on the economy, including a very large contraction in first quarter of fiscal year

US to buy 200 million more doses of COVID-19 jabs; supply to increase by 50%:Joe Biden

The UK health department said 100,162 people have died after testing positive, including 1,631 new deaths reported Tuesday

The IMF revised higher the forecast for India's growth in 2021 by 2.7 percentage points.

As many as 3,600 healthcare workers were vaccinated against coronavirus in Delhi on January 18, very less than the opening day of the nationwide COVID-19 immunisation drive; Indian auto market leader Maruti Suzuki has increased the prices on account of higher input costs; Indians may soon find job offers from Japan in sectors like healthcare, construction, aviation, food services, agriculture. Watch this and more on News Blast.Also Read: Don't take vaccine if you have these conditions; Bharat Biotech releases advisory

Global economic outlook remains highly uncertain: IMF chief The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources. IMF Managing Director Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and ...

IMF Managing Director Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and shift to a digital and green economy

First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...

China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said; Hyundai Motors and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States; Tata Consultancy Services (TCS) emerged as the biggest gainer on Dalal Street last week, which saw seven of the top-ten most valued Indian firms add 1,37,396.66 crore to their market valuation. Watch this and more on News Blast. Also Read: Bird flu outbreak in India: 8 states, 1 UT under avian influenza grip

China recovering fast ahead of most big economies: IMF China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said, projecting an eight per cent growth rate for the world's second largest economy in 2021. The main concern around the Chinese recovery that the International Monetary Fund (IMF) has is the lack of balance. Bird flu: Chicken demand nosedives; mutton prices reach Rs 800 per kgAs bird flu s...