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Reuters
June 16, 2021
The BoE has said it expects inflation to hit 2.5% by the end of this year before settling back to its 2% target as the impact of post-lockdown energy price rises fades along with other cost pressures, such as bottlenecks in supply chains


Nidhi Singal
June 11, 2021
Boasting a big camera module with the latest flagship processor, the Mi 11 Ultra aims for the moon. Mi 11 Ultra is a hefty, bulky device with a raised humongous camera module at the rear.


Manu Kaushik
New Delhi, June 9, 2021
The pandemic has opened a fresh debate around the future of 5G in India. Infrastructure requirements could further delay its launch


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%


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


Reuters
June 3, 2021
The Caixin PMI contrasts with an official survey released earlier this week, which showed activity in China's services sector expanded at a faster pace in May


Vidya S
June 2, 2021
\"We are energised to help lead the evolution to hybrid work that allows greater flexibility, productivity, and happiness to both in-person and virtual connections,\" said Zoom CEO Eric Yuan


BusinessToday.In
May 31, 2021
Net profit stood at Rs 163 crore for the quarter ended March 2021, which was impacted by a one-time loss of Rs 840 crore. The company reported a net loss of Rs 3,255 crore in the year-ago period


BusinessToday.In
May 28, 2021
Microsoft added that these cyberattacks appear to be the continuation of multiple efforts by the Russian hacker group to target government agencies involved in foreign policy as part of intelligence gathering efforts


BusinessToday.In
May 24, 2021
First case of yellow fungus has been reported from Ghaziabad. Black fungus is a complication caused by fungal infection. People catch mucormycosis by coming in contact with the fungal spores in the environment


Reuters
May 17, 2021
Retail sales rose 17.7% year-on-year in April, much weaker than a 24.9% uptick expected by analysts and down from the 34.2% jump seen in March


Reuters
May 16, 2021
The COVID-19 crisis has hit the Indian bureaucracy badly with many key officials infected by the coronavirus, slowing decisions on privatisations, among other proposed reforms


Associated Press
May 14, 2021
Password sharing is estimated to cost streaming services several billion dollars a year in lost revenue


BusinessToday.In
May 12, 2021
Hit by the pandemic and the restrictions, IIP contracted 8.6 per cent during financial year 2020-21 as against 0.8 per cent contraction in FY20.


Manoj Sharma
May 3, 2021
Retail mobility has fallen 8.2 pp on average in week ending May 2; workplace mobility slowed 7.1 pp vs 7.9 pp a week ago; online toll collection dipped 2 per cent on-week; and GST e-way bill collection declined 6.9 per cent on-week for week ending April 25, says CRISIL report


Manoj Sharma
May 3, 2021
If states continue to put in place curbs to contain the virus spread till August, it could mean 120 bp of downside on real GDP growth, says Barclays


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
The report also looks into the strongest insurance brands. The list is led by Italy's Poste Italiane, followed by Spain's Mapfre, and India's LIC


BusinessToday.In
April 26, 2021
Axis Bank was the top Sensex gainer rising  up to 4.40 per cent, followed by ICICI Bank , UltraTech Cement, and SBI


Associated Press
April 22, 2021
The video-streaming service added 4 million more worldwide subscribers from January through March, its smallest gain during that three-month period in four years


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