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BusinessToday.In
May 6, 2021
RBI Governor Shaktikanta Das announced had a Rs 50,000 lending programme to ramp up COVID-19-related healthcare infrastructure amid massive second wave ravaging India


BusinessToday.In
May 6, 2021
The macro impact of the scheme can be gauged from the fact that Rs 50,000 crore is roughly 9% of India's total health expenditure of Rs 6 lakh crore under private final consumption expenditure in 2019-20, according to SBI Ecowrap


Rai Vinaykumar
May 5, 2021
The rating agency said new infections during the second COVID-19 wave will peak in late June as per its 'severe' scenario, while they will peak in May as per its 'moderate' scenario.


Reuters
May 5, 2021
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.0 last month from 54.6 in March, its lowest since January


BusinessToday.In
May 5, 2021
Das says the RBI will continue to monitor the emerging COVID-19 situation and will deploy all resources and instruments at its command especially for the citizens, business entities, and institutions beleaguered by the second wave


Reuters
May 3, 2021
Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier


Reuters
May 3, 2021
Data released by analytics firm IHS Markit showed purchasing managers' index (PMI) for April marginally rose to 55.5 after declining to a seven month low in March at 55.4


Reuters
May 3, 2021
Brent crude futures for July gained 36 cents, or 0.5%, to $67.12 a barrel by 0045 GMT while US West Texas Intermediate for June was at $63.94 a barrel, up 36 cents, or 0.6%


BusinessToday.In
May 1, 2021
RIL now produces over 11% of India's total production of medical grade liquid oxygen, at its refinery-cum-petrochemical facility in Jamnagar and other plants, meeting the needs of nearly every 1 in 10 patients in the country


Shailendra Shukla
New Delhi, May 1, 2021
Reliance Retail becomes fourth Indian company to achieve $100 billion valuationReliance Retail has become the fourth Indian company to top $100 billion valuation  mark. The company sells everything from grocery to electronics, through its chain of retail stores spread across the country. Currently, unlisted shares of Reliance Retail are trading in the range of Rs 1,500 and Rs 1,550 apiece. At Rs 1,500 per share, the firm is valued at Rs 7.5 lakh crore, according to a report in The Econo...


Mudit Kapoor
New Delhi, April 30, 2021
After falling 3.8% in February, India's eight core industries have grown by 6.8% year-on-year in March 2021 due to low base effect.


BusinessToday.In
April 30, 2021
The ministry data on April 30 showed production declined in four out of the eight core sector industries. Cement production rose the highest, while coal sector witnessed the sharpest fall at 21.9 per cent


PTI
April 30, 2021
Medical oxygen consumption in India has shot up more than eight-fold from usual levels to about 7,200 tonnes per day this month, said Moloy Banerjee of Linde Plc, the country's biggest producer


Reuters
April 30, 2021
The economy remains 3.5% below its level at the end of 2019 and incomes plunged in the third quarter. Nevertheless, with five days remaining to Election Day President Donald Trump, trailing in most national opinion polls


BusinessToday.In
April 30, 2021
As per Kotak Securities, Mukesh Ambani-led company will record about 2 per cent growth in consolidated sales at Rs 1.39 lakh crore compared to 1.36 lakh crore sale in the same quarter last year


Reuters
April 30, 2021
The second-fastest gross domestic product growth since the third quarter of 2003, reported by the Commerce Department on Thursday, left output just 0.9% shy of its level at the end of 2019


Joe C. Mathew & Ashutosh Kumar
New Delhi, April 29, 2021
With India firmly in the grip of the second Covid wave, the much-expected catapult from a buoyant Q1 is unlikely. How should the Centre steer a slowing economy?


Niti Kiran
New Delhi, April 29, 2021
Corporate earnings growth is likely to accelerate in the last quarter of FY21, but resurgence of Covid cases could cloud the outlook for FY22


BusinessToday.In
April 28, 2021
Gujarat currently has over 1,27,000 active COVID-19 cases, while more than 6,600 people have lost their lives because of the infection.


PTI
April 27, 2021
The French foreign ministry said the medical supplies will include eight oxygen generators, each capable of uninterrupted supply of oxygen for a 250-bed hospital for nearly 10 years


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