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Raj Chengappa|Rajeev Dubey
June 6, 2021
In an exclusive interview with India Today Group Editorial Director Raj Chengappa and Business Today Editor Rajeev Dubey, Union Finance Minister Nirmala Sitharaman said the scale and intensity of the second wave are sharply different from the first one


Reuters
June 5, 2021
Spot gold jumped 1% to $1,889.27 per ounce by 1:46 p.m. EDT (1746 GMT), having earlier in the day hit its lowest since May 19 at $1,855.59. It was down 0.7% for the week so far


BusinessToday.In
June 5, 2021
Marg, which is already catering to 50% of the pharma distribution and retail market, in the next three years, aims to include 2,50,000 chemists, besides FMCG and other services sectors


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%


PTI
June 5, 2021
The government seemed much keener on ensuring credit for what it was doing rather than ensuring that pandemics do not spread in India. The result was a certain amount of schizophrenia, Sen said


Gaurav Bhatiani|Sanjeev Ahluwalia
June 5, 2021
Major restructuring of the municipal architecture is necessary to ratchet up governance capacity for long term sustainability i.e., to adopt the green recovery pathway


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


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
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


Anand Adhikari
June 4, 2021
As per RBI's new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5  per cent. This is mainly because of lockdowns in various states.


PTI
June 3, 2021
Kuntal Sharma, Economic Adviser, Ministry of Food Processing Industries, said that the sector holds huge scope for growth and expansion and the scheme will help in achieving that


Manoj Sharma
June 2, 2021
Though Mukesh Ambani didn't take remuneration in 2020-21, Asia's richest man has seen consistent rise in his net worth throughout the year. Ambani had kept his annual salary from his flagship firm capped at Rs 15 crore for 12th year on the trot in FY20


Sumant Banerji
June 2, 2021
Retail prices of petrol have gone up by Rs 10.78 per litre in this year so far, while diesel prices are up by Rs 11.51 per litre. Centre's excise duty today accounts for Rs 32.90 and states' VAT for another Rs 21.81 for every litre of petrol in Delhi


BusinessToday.In
June 2, 2021
Consistent reforms and strong fundamentals have ensured India had a swift rebound from a contraction of 24.4 per cent in the 1st quarter of FY 2020-21 to a growth of 1.6 per cent in 4th quarter of FY21, says Thakur


BusinessToday.In
New Delhi, June 2, 2021
The second wave of COVID-19 has severely impacted household incomes and jobs as local lockdowns remain imposed in most states. The impact of these local restrictions has been felt by people working in the informal sector, according to fresh data released by the Centre for Monitoring Indian Economy (CMIE). In an exclusive interview with India Today, Centre for Monitoring Indian Economy (CMIE) Chief Mahesh Vyas said that India had lost more than 22 million jobs in the months of April and May due to the lockdown. Stating that the main reason for the job losses is 'mainly the second wave' of COVID-19 infections, Vyas said as the economy opens up, part of the problem will be solved but not entirely. He added that people who lose jobs find it hard to get employment, specifying that while the informal sector jobs come back quickly, the formal sector and better quality job opportunities take up to a year to come back. Watch the video for more.Also Read: RBI's MPC begins discussions; repo rate likely to remain unchanged


BusinessToday.In
June 1, 2021
A total of 63 nations, including India, are in support of the proposal at the WTO, while the United Kingdom, Australia, Singapore and countries of the European Union are in opposition. Agreements at the WTO require consensus among all 164 member states


BusinessToday.In
June 1, 2021
Moody's said India's economy will rebound in financial year 2021-22, after contracting in FY21, and grow by 9.3 per cent.


BusinessToday.In
June 1, 2021
SBI said GDP outlook in FY22 will be impacted by the trajectory of international commodity prices which have risen sharply during the year.


BusinessToday.In
New Delhi, June 1, 2021
The demand for travel credit cards jumped in FY21, especially in the fourth quarter, even as people remained cooped up at home amid lockdown; Chief Economic Adviser KV Subramanian on Monday said the momentum of GDP growth has been affected by the second Covid-19 wave, but assured that its overall economic impact is unlikely to be very large; Nestle is now on a damage control mode after a report stated that over 60 per cent of its food portfolio is unhealthy. Watch this and more news on News Blast.Also Read: Manufacturing PMI slips to 50.8 in May, lowest in 10 months


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