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Total 306 results found. Search for [ india GDP FY22 ]

Results 1 to 21 of 306
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


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.


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


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


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
UBS pegs the total fiscal cost to the Centre at Rs 40,000-Rs 45,000 crore and of this, Rs 35,000 crore has already been provided for in the Budget, which means the Centre will have to allocate a maximum of Rs 10,000 crore for this


Anand Adhikari
New Delhi, June 8, 2021
The second covid wave has already impacted the pace of economic recovery as seen from the GDP downgrades by the Reserve Bank of India, global rating agencies, and other global institutions. Given the widening fiscal deficit and higher public debt, there is now a threat of a sovereign rating downgrade if another Covid wave hits the economy. The risk of a downgrade comes from a slowing growth momentum, widening fiscal deficit, higher inflationary pressure, and a stressed banking sector. The RBI's ability to pump in another liquidity bonanza like 8 per cent of GDP in the first pandemic year 20-21 is also not possible. The current fiscal deficit at 9.3 per cent of GDP for 20-21 is one of the highest in recent decades. The banking sector has entered the crisis with 8 per cent gross NPAs Post the second wave, the real stress in banks, NBFCs, and other entities are hidden because of regulatory forbearances especially loan moratorium, govt guarantees, and one-time loan restructuring. There is a lot on the government's shoulders to avoid a rating downgrade as it would have serious implications.Also Read: World Bank cuts India's FY22 GDP growth forecast to 8.3% from 11.2%


BusinessToday.In
June 8, 2021
boAt grew 576 per cent year-on-year (YoY) in the quarter, capturing three spots in the top five models list for shipments during the March quarter.


BusinessToday.In
June 8, 2021
A World Bank report said although forecast has been revised up by 2.9 percentage points, this masks significant expected economic damage from an enormous second COVID-19 wave and localised mobility curbs since March


BusinessToday.In
June 7, 2021
As per CRISIL economists, Covid-19 restrictions will continue and mobility will remain affected in some form or other, at least till August. Also, the pace of vaccination will play a huge role in economic recovery


PTI
June 5, 2021
Despite COVID-19, the bank's profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20


BusinessToday.In
June 5, 2021
Kumar's statements came a day after the Reserve Bank of India (RBI) lowered the country's growth forecast for the current fiscal by a percentage point to 9.5 per cent from 10.5%


Avneet Kaur
June 4, 2021
If growth recovery gets back on track as Covid-19 infections decline, focus may shift to policy normalisation. Fund managers say RBI has already exhausted monetary policy options to support growth and any further reduction in policy rates is unlikely


BusinessToday.In
June 4, 2021
Sensex closed 132 points lower at 52,100 and Nifty slipped 20.10 points to 15,670


BusinessToday.In
June 4, 2021
Decision to close down this business was not an easy one, but unfortunately due to COVID-19 and the restrictions on international travel, it was not sustainable for the company, says Witco


BusinessToday.In
June 4, 2021
All sorts of payments including dividend, interest, salary, pension, to payments on electricity, gas, telephone, water, periodic instalments towards loans, investments in mutual funds, insurance premium, etc, can take place even on bank holidays now


Anand Adhikari
June 4, 2021
The sudden call for deficit financing has gathered after the second Covid wave and its impact on the pace of economic recovery. The two successive years of Covid disruption have increased income inequality globally


BusinessToday.In
June 4, 2021
RBI will also purchase Rs 40,000 crore of government securities, comprising state development loans worth Rs 10,000 crore under the ongoing G-SAP 1.0 via an auction on June 17


BusinessToday.In
June 4, 2021
Governor Das said that the favourable base effect that brought about the moderation in headline inflation by 1.2 percentage points in April may persist throughout the first half of the year


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