Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Tue, May 05, 2020
Although new contracts as well as contract renewals in IT services are expected to be affected during the crisis, it is also expected that consulting services, modern collaborative applications, managed security services, network management services and hosting services will represent higher revenue generating opportunities in calendar year 2020.
Other desirable policies included building efficiency retrofit spending, clean research and development spending, natural capital investment for ecosystem resilience and regeneration, and investment in education and training to address immediate unemployment from COVID-19 alongside unemployment from decarbonisation.
Thu, Apr 30, 2020
"We suggest a group of six states i.e. Karnataka, Gujarat, Tamil Nadu, Maharashtra, Haryana and Telangana where the current fiscal position is relatively better vis-à-vis other states with an average state fiscal deficit of 2.4 per cent, it added.
Thu, Apr 23, 2020
In this conversation with IMF's Chief Economist Gita Gopinath, she informs about the global economy and Indian economy. She also added that growth is being adversely impacted from coronavirus crisis.
The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be more vulnerable to loss of employment and wages during an economic crisis in a host country, the bank said.
The Finance Ministry on Wednesday notified changes in FDI rules, which made prior approval of the government mandatory for foreign investments from countries that share border with India.
Wed, Apr 22, 2020
As the global oil markets remain under intense pressure, it seems like there is no quick recovery for the global crude prices from the historical fall witnessed recently.
Sat, Apr 18, 2020
The Centre has amended the foreign direct investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic.
Fri, Apr 17, 2020
Whether it's putting the national economy on track, interest rate relief, or extension of the ITR return filing deadline, the Indian government has paid heed to Anil Singhvi's advice.
In a press conference today called at a very short notice, the Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic.
Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.
Mon, Apr 13, 2020
The Indian retail sector comprising 70 million small medium and big traders employing 45 crore people, does a monthly business of approximately USD 70 billion. A host of international agencies have cut India's economic growth estimate for FY21 on concerns about the fallout of COVID-19 outbreak.
Fri, Apr 10, 2020
MS Unnikrishnan, MD & CEO, Thermax Ltd., talks about the impact of lockdown, liquidity situation of Thermax as well as the capital goods industry.
COVID-19 pandemic: As many as 72 per cent of organisations feel that the impact of the coronavirus pandemic will be felt beyond six months, finds EY survey.
Thu, Apr 09, 2020
"Risks around the inflation projections appear balanced at this juncture and the tentative outlook is benign relative to recent history. But COVID-19 hangs over the future, like a spectre," it said.
Tue, Mar 31, 2020
Government will borrow Rs 4.88 lakh crore in the first half of fiscal 2020-21 starting April 1 to shore up resources amid a war it is wagging to contain economic fallout of coronavirus pandemic, DEA Secretary Atanu Chakraborty said on Tuesday
The Finance Ministry said that a notification has been issued by the Department of Revenue, Ministry of Finance on 30th March 2020 which relates to certain amendments to the Indian Stamp Act.
Mon, Mar 30, 2020
Domestic stock markets, including top indexes Sensex and Nifty, have been on a roller coaster ride for several weeks now due to the impact of the novel coronavirus, Covid-19, pandemic, which has hammered equities continuously.
Sun, Mar 29, 2020
Amid the rising number of cases in India, here is a good news.
Fri, Mar 27, 2020
"We would anticipate at least one more quarter of drag keeping growth in negative territory, beyond which the policy support and favourable base effects should drive recovery back to positive growth", it said.
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