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Total 466 results found. Search for [ india economy FY22 ]

Results 1 to 21 of 466
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


BusinessToday.In
June 17, 2021
Nasscom's statement has come a day after Bank of America had stated the Indian software firms were going to cut 3 million jobs by 2022, which would help them save a whopping $100 billion mostly in salaries annually


BusinessToday.In
June 17, 2021
CPI inflation increased to 6.30 per cent on yearly basis in May '21 as compared to 4.23 per cent in Apr'21. This 200 bps increase on yearly terms and 100 bps increase in monthly terms is \"a matter of concern\", said SBI


BusinessToday.In
June 17, 2021
This 12% contraction will have the economy missing a sharp V-shaped recovery this time around, unlike seen last year after the national lockdown was lifted, as consumer sentiment remains very weak this time


BusinessToday.In
New Delhi, June 16, 2021
India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms; Tesla chief Elon Musk has said that he wants to sell his \"last remaining house\". He said it is a special place and needs to go to a large family who will live there; Top bat coronavirus researcher at Wuhan Institute of Virology Shi Zengli has denied the lab leak theory amid calls for a probe into the origin of COVID-19. Watch this and more on News Blast.Also Read: Direct tax collection for FY22 rises over 100% to Rs 1.85 lakh cr so far


BusinessToday.In
June 16, 2021
Gross collection of direct taxes (before adjusting for refunds) for FY22 stands at Rs 2,16,602 crore compared to Rs 1,37,825 crore in corresponding period of preceding year


Shailendra Shukla
New Delhi, June 14, 2021
G7 summit: PM Modi calls for reform of multilateral institutionsAddressing the outreach sessions of the G7 summit on the second day, Prime Minister Narendra Modi called for the reform of multilateral institutions as the best signal of commitment to the cause of open societies. In the session on open societies, PM Modi said democracy and freedom are a part of India's civilizational ethos and shared the concern expressed by several leaders that open societies are particularly vulnerable to dis...


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
The share has delivered 71 per cent returns in the last 12 months and risen 33 per cent since the beginning of this year


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


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


BusinessToday.In
June 7, 2021
Finance Minister Nirmala Sitharaman, in her Budget speech, had announced privatising two public sector banks (PSBs) and one general insurance company in 2021-22.


Ashutosh Kumar
June 5, 2021
May GST revenue is 65 per cent higher than GST revenue in the same month last year. GST revenue had plummeted to Rs 62,121 crore in May last year.


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


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