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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


Rashi Bisaria
New Delhi, June 1, 2021
60% of Nestle's food portfolio unhealthy, says report; company on firefighting mode Nestle is now on a damage control mode after a report stated that over 60 per cent of its food portfolio is unhealthy. The company said that it is updating its nutrition and health strategy. The food giant stated that it is working on a 'company-wide project' to update its nutrition and health strategy and is looking at its entire portfolio to make sure that its products meet nutritional needs. They acknowle...


BusinessToday.In
May 31, 2021
Subramanian hoped that the year 2021-22 will be better than the year gone by. He said food grains production is expected to be at record levels in this year and eight core industries and index of industrial production have shown recovery to pre-pandemic levels during FY21


BusinessToday.In
May 31, 2021
Sensex rose 514.56 points to 51,937 and Nifty climbed 147 points to 15,582 closing at a record high for the third consecutive session


Manoj Sharma
May 31, 2021
On the lines of forecasts by professional agencies, economy continued its expansion in January-February quarter though recent rise in infections played spoil sport. This is second consecutive quarter when GDP grew in positive territory in FY21


Manoj Sharma
May 31, 2021
In Q3, economy stepped out of recession for the first time after registering negative growth for two consecutive quarters in 2020-21. Growth was recorded on record investment and government expenditure even as private expenditure lagged behind amid Covid-19 curbs


BusinessToday.In
May 31, 2021
The CSO had projected 8 per cent GDP contraction in FY21, implying a contraction of 1.1 per cent in March quarter.


PTI
May 30, 2021
The next bi-monthly monetary policy review is scheduled to be announced on June 4, following the meeting of the Monetary Policy Committee (MPC) beginning Wednesday


Reuters
May 29, 2021
Mahindra CEO Anish Shah said sales would rebound by fiscal year 2023 if a majority of the country's population is inoculated and new COVID-19 cases ease, helping the economy recover


BusinessToday.In
May 29, 2021
The two banks fear that the RBI directive could prove to be detrimental to their business and also compromise the confidentiality of their customers' information


BusinessToday.In
May 28, 2021
\"On GST compensation cess, same formula as last year to be adopted this year too. The rough estimate is that the Centre will have to borrow Rs 1.58 lakh crore and pass it on to states,\" said FM Sitharaman after the 43rd GST Council meeting


BusinessToday.In
May 27, 2021
Exports sales for the year ended March 31, 2021 stood at Rs 1,153 crore, down 11 per cent over the sales of Rs 1,291 crore recorded last year


Niti Kiran
New Delhi, May 26, 2021
Domestic equity markets have shown resilience. Here are five sectors that will do well in spite of the Covid-19 mayhem


Rashmi Pratap
New Delhi, May 26, 2021
Equity markets are buoyant in spite of mayhem in the real world. But the risks building up are too big to be ignored


BS Srinivasalu Reddy
New Delhi, May 26, 2021
As FPIs turn cautious about the Indian market, Retail investors are stepping in. What's the road ahead like?


Manoj Sharma
May 26, 2021
Gujarat receives highest FDI for fourth consecutive year. With a 37 per cent share, Gujarat saw $30.23 billion worth FDI in 2020-21. India recorded highest FDI growth among major economies despite Covid-19 impact


Sumant Banerji
May 25, 2021
The car comes with a 1.3 litre turbocharged petrol engine that has a maximum output of 163 bhp and torque of 250 NM mated with a 7 speed automatic DCT gearbox


BusinessToday.In
May 25, 2021
While the economy is \"reasonably stable\", it experienced a sharp decline in activity in May as is evident in high frequency data, the brokerage said.


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