Economy
FinMin releases Rs 9,871 cr as revenue deficit grant to 17 states
Thu, May 06, 2021
The Finance Ministry on Thursday released the second monthly instalment of revenue deficit grant of Rs 9,871 crore to 17 states. With the release of the second instalment, a total amount of Rs 19,742 crore has been released in the first two months of the current financial year as Post Devolution Revenue Deficit Grant to the states, the ministry said in a statement
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Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
Wed, Apr 07, 2021
The Monetary Policy announcements by the Reserve Bank of India (RBI) Governor Shaktikanta Das has exhibited continuity and stability with an assurance to maintain the liquidity, Market Expert Ajay Bagga said. Calling it positive for the markets, he said that the banking regulator has maintained its accommodative stance
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RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Wed, Apr 07, 2021
RBI Monetary Policy Review: The Reserve Bank of India (RBI) in its first by-monthly monetary policy statement of fiscal 2021-22 has kept the policy rates unchanged amid uncertainty created by a fresh surge in coronavirus infections.
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Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Thu, Feb 25, 2021
Kotak Institutional Equities report highlights that Nandan Nilekani, Co-founder and Chairman at Infosys says that a strong foundation is laid down for the next leg of digital transformations. India has laid the rails for a digital economy over the past decade.
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Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
Wed, Feb 24, 2021
ICICI Securities says that India is amongst the fastest growing digital economies in the world. Digital economy growth will be within a range of 4-8% of GDP for India according to various estimates. However, given the trajectory in internet data consumption and proliferation of various digital platforms, this number could have risen significantly.
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#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
Thu, Feb 18, 2021
To remove the problems of cascading taxes and minimise the requirements of compliances, the Government introduced the Goods and Services Tax (GST). This has worked with relative success, but many important points still remain to be addressed. #GSTMakeItEasy - This is Zee Business’ initiative to raise some of these issues with the concerned authorities
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India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
Tue, Feb 16, 2021
S&P Global Ratings estimates India’s economic recovery at 10 per cent in FY22 on the back of continuous good performance by the agriculture sector, flattening of COVID-19 infection curve, pickup in government spending and the recently released budget.
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RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21
Fri, Feb 05, 2021
Reserve Bank of India (RBI) Governor today left interest rates unchanged for the fourth time in a row. Repo rate is currently at 4 pct. Das said that the GDP is likely to be at 10.5 per cent for FY 21-22. He said that while announcing the bimonthly Monetary Policy speech. The Governor further said that the CPI inflation is estimate at Q4 FY21 - 5.4 per cent
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Budget 2021: REVEALED! How Modi Govt's PLI Scheme will make India's $5 trillion economy dream come true
Mon, Feb 01, 2021
Budget 2021: In a bid to boost Prime Minister Narendra Modi's 'AatmaNirbhar Bharat' initiative and make India a $5 trillion economy, Finance Minister Nirmala Sitharaman has some special plans via Protection Linked Incentive (PLI) Scheme.
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Union Budget 2021 highlights: From ITR compliance, Fiscal deficit, Railways, infrastructure, health sector outlay, air pollution, vehicle scrappage policy, this is what all FM Sitharaman said
Mon, Feb 01, 2021
Union Budget 2021 highlights: Finance Minister Nirmala Sitharaman on Monday commenced presentation of the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Here are some highlights!
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Budget 2021 - PM Aatmanirbhar Swasth Bharat Yojana to be launched with Rs 64,180 cr outlay over 6 yr: FM
Mon, Feb 01, 2021
Finance Minister Nirmala Sitharaman today announced a new centrally sponsored scheme PM Aatmanirbhar Swasth Bharat Yojana to be launched with a budget outlay of Rs 64,180 crore over 6 years. She said that investment on health infrastructure in Budget 2021 has increased substantially. She said this while reading her Budget 2021 speech on Monday (1 February)
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Expert Views: BIG! India's retail inflation eases to 4.59% in December
Wed, Jan 13, 2021
India`s retail inflation eased to 4.59% in December from a year ago, mainly helped by a sharp fall in vegetable prices, government data released on Tuesday showed, falling within the central bank`s target of 2%-6% after eight months
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Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Mon, Jan 11, 2021
One of the demands of the industry is on the extension of benefits under section 80EEA to avail an additional Rs 150,000 interest deduction on home loans to the existing homebuyers who have already availed home loans. He further advocates for extension of this benefit to the first-time homebuyers to include mid segment as well
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Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Fri, Jan 08, 2021
Even as job growth remains weaker than it was pre-pandemic, JM Financial sees the outlook on consumption strengthening. Notably, land prices are exhibiting momentum after almost 5 years accompanied by a 2-year high growth in currency in circulation. While the sustainability of this rise, and the consequent wealth effect and inflation trigger remains a key monitorable, other consumption drivers too appear favourable.
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Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Fri, Jan 08, 2021
Indian markets received a second month of record FII flows in December, powering BSE Sensex, NSE Nifty and other indices to new records. The rally was driven by continued strong FII inflows in December which stood at a record Rs 62016 cr on the back of Rs 60358 cr inflows in November 2020. Continued improvement in underlying economic conditions coupled with a global risk on environment post the US elections has led to record flows into Indian equities.
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Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!
Thu, Dec 10, 2020
There is an interesting action happening in terms of fund flows in India. Sovereign funds are finding greater advantage in India as against other investment destinations including China. Zee Business Research Analyst Ashish Chaturvedi identifies a unique trend in this report that shows hos China has lost out! Take a look!
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