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June 20, 2021
With growth drivers such as favourable demographics, increasing per capita and disposable income, and growing consumption, India is expected to return to a strong growth trajectory, despite uncertainty over near-term outlook, Tata added

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

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

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

June 5, 2021
The current situation index dropped to a record 48.5 in May 2021 from 53.1 in March 2021, according to the Reserve Bank of India's (RBI's) consumer confidence survey

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.

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

June 2, 2021
The interim deal will be a part of the mega-trade agreement that's aimed at cutting tariffs on a number of items, boosting infrastructure investment and allowing bigger access to services and goods

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...

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

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

Aprajita Sharma
May 28, 2021
Times have changed. You have stringent regulations around which companies can float such FDs, but remember that company FDs are unsecured. In case a company goes insolvent, depositors will be the last ones to get paid. That said, invest with companies with good profitability and rating

Sumant Banerji
New Delhi, May 26, 2021
After a prolonged downturn, India's steel industry is set for good times. But it may have to expand quickly to meet the expected spike in demand

May 23, 2021
It advised that India should follow EU template for vaccine procurement, and the Centre, in coordination with states, should enter into deals with pharma companies to vaccinate a sizeable population.

May 22, 2021
The ongoing catastrophic second wave in India, following a terrible wave in Brazil, is a sign that the worst may be yet to come in the developing world, an IMF report mentions

May 17, 2021
BJP MP Pragya Thakur also stated that she drinks cow urine, also known as 'gau mutra', every day and in doing so has protected herself from COVID-19 infection

May 11, 2021
Revising its projections for India's GDP growth, Moody's said that the second wave of COVID-19 is expected to be less disruptive than the first wave

New Delhi, May 5, 2021
Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK; Apple's contract manufacturers Foxconn and Wistron, computer firm Dell and domestic company Lava are among the 19 companies that have applied for investments under the production linked incentive scheme for IT hardware manufacturing, said the Ministry of Electronics and IT; The Delhi High Court on Tuesday asked the Centre to show cause as to why contempt action should not be taken against it for violating the court's order on supply of medical oxygen to the national capital. Watch this and more news on News Blast.Also Read: Delhi hospitals face imminent water crisis amid Covid-19 surge

May 4, 2021
The UBS India activity indicator, which is a measure of a complex set of real-time economic activity numbers, fell 7 percentage points to 95 last month

May 2, 2021
This was the first net withdrawal since September 2020, when FPIs had pulled out a net of Rs 7,782 crore from equities

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