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Scars of Covid second wave will run deep but India must start its road to economic recovery now

The ruling Bharatiya Janata Party faces huge tests in early 2022, when elections in Mumbai, the business capital, and Uttar Pradesh, the largest state, will drive the political narrative in the run up to the next national vot

Credit Suisse cuts India’s FY22 GDP growth forecast to 8.5-9% due to raging Covid-19 second wave

The consensus forecast for FY22 growth is between 10% and 11% by most analysts, including international raters like S&P, Fitch and Moody's, and so is their domestic counterparts, with the lowest among them being 9% by Brickwo

So the bank is nurturing local leaders within India IT. They would have accountability and ownership for delivery of IT solutions and services to the bank’s global businesses.

IMF to revisit growth forecast for India due to surge in COVID-19 cases – spokesman

The IMF will revisit that forecast when it issued a fresh World Economic Outlook in July, IMF spokesman Gerry Rice told reporters at a regular briefing, but gave no further details.

Covid-19 impact on India's GDP growth

Fitch Ratings affirms BBB- rating, says COVID-19 surge may delay economic recovery

Fitch had in June last year revised outlook for India to 'negative' from 'stable' on grounds that the coronavirus pandemic had significantly weakened the country's growth outlook and exposed the challenges associated with a h

Fitch Ratings affirms BBB- rating, says COVID-19 surge may delay economic recovery

System generated returns under GST to accelerate digitization; more GST reforms may boost taxpayer confidence

Majorly, at present two returns are required to be filed by every registered taxpayer. GSTR-1 and GSTR-3B. GSTR-1 is a sales return that is required to be filed by every GST registered person

The revenues for the month of April 2021 are 14 per cent higher than Rs 1.23 lakh crore collected in March.

Vaccinate the economy: Govt must fund vaccine output ramp up within days

Shocking that issue of vaccine shortage still not addressed

As it happens, data from ICMR analysed by the National Centre for Disease Control shows that 22% of those with Covid-19 are 21-30 years old, 22% are 31-40 and another 17% are 41-50.

Fitch Ratings revises India’s GDP growth estimate to 12.8% for FY22

In its latest Global Economic Outlook (GEO), Fitch said revision is on the back of "a stronger carryover effect, a looser fiscal stance and better virus containment."

Fitch Ratings on India's GDP growth

Economy: Recovery continues but losing tempo; labour-intensive sectors still remain sluggish

The performance of the core sector, for instance, continued to improve in January but at a slower pace; the increase was 0.1% month-on-month seasonally adjusted versus 2.2% in the previous months. Worryingly, construction-rel

While the services sector is picking up -- the February composite PMI was up at 57.3 from 55.8 in January — the loss of momentum elsewhere is a concern at a time when there is fresh surge of infections especially in key states like Maharashtra.

RoDTEP: Delay in new export subsidy scheme makes life difficult for exporters

Import, Export, Trade for MSMEs: The benefit scheme RoDTEP that was introduced to boost exports doesn’t have its basic details in place, even after two months of being operational.

exporters,

Q3FY21: कोविड की मंदी से बाहर निकली भारतीय अर्थव्यवस्था? दिसंबर तिमाही में 0.4% रही GDP ग्रोथ

India's Q3 GDP growth: सरकार ने अनुमान जताया है कि वित्त वर्ष 2020-21 में भारत की जीडीपी में 8 फीसदी की गिर

Q3FY21 GDP growth, india gdp growth in Q3, Indian economy growth in October-December 2020, GDP in FY2021, CSO, GVA, Q3FY21GVA, manufacturing sector growth, agriculture sector, National Statistical Office

Growth stimulating investments with clear road map on fiscal consolidation crucial now: Dr Rangarajan

The difference between the total revenue receipts (both tax and non-tax revenue) and the interest payments gives a good indicator of how much of the revenue receipt is available to the government

c rangarajan

Some hits, a few misses of Union Budget 2021; India Inc welcomed financial sector reforms

Union budget 2021: The Finance Minister, under tremendous pressure of presenting the first budget of the decade and in the year of an unprecedented global pandemic, announced the Union Budget of India 2021.

Union Budget 2021

India to emerge as most resilient economy after Germany in 2021: PHDCCI

Germany ranks first in the PHDCCI International Economic Resilience (IER) Rank followed by India and South Korea at second and third positions, respectively, according to the report released by industry body PHDCCI.

India to emerge as most resilient economy after Germany in 2021: PHDCCI

Budget 2021: Input tax credit, tax relief, funding support, other policy reforms on realty sector wishlist

Union Budget 2021 India: While every budget is about bringing reforms and measures to enhance the economic progress of the country; this budget is more about bringing the economy back to track

Budget 2021-22, Union Budget 2021

Agri financing, warehousing key requirements for Indian agri economy; these two sectors may benefit farmers

Agriculture inarguably is the mainstay of the Indian economy and the role of the agriculture sector in India’s economy cannot be understated.

Indian Agriculture, Agri financing, scientific warehousing

Indian economy to rebound with 8.9% growth in FY22

India Ratings & Research said the NSO projections for GDP growth in FY21 mean that the size of the Indian economy is expected to shrink to Rs 134.40 lakh crore in FY21 as against Rs 145.66 lakh crore in FY20.

rupee

GDP estimates point at sustained V-shape economic recovery: Finance Ministry

The ministry was commenting on the first advanced estimates (AE) of the national income released by the National Statistical Office on Thursday, which projected 7.7 per cent contraction in GDP for the current fiscal year.

GDP estimates point at sustained V-shape economic recovery: Finance Ministry

Equalisation levy does not discriminate against US firms: India

The comments came in the backdrop of an US Trade Representative (USTR) investigation which has concluded that India's two per cent digital services tax on e-commerce supply discriminates against American companies and is inco

Equalisation levy does not discriminate against US firms: India

FY21 में अर्थव्यवस्था को लगेगा 7.7% का झटका, कृषि को छोड़ लगभग सभी क्षेत्रों में रहेगी गिरावट: NSO

इससे पिछले वित्त वर्ष 2019-20 में सकल घरेलू उत्पाद (GDP) में 4.2 फीसदी वृद्धि दर्ज की गई थी.

Indian Economy likely to contract 7.7 pc in 2020-21, nso, national statistics office, gdp, gross domestic products, FY21

Post COVID-19, India can bet on 3 positive aspects for economic revival, says former RBI Governor Subbarao

Subbarao said the second positive aspect he sees is India's federalism, which, "warts and all", has withstood the test of vigorous democracy though there were tensions between the Centre and the states on some issues such as

2020: कोरोना से अर्थव्यवस्था ‘पस्त’, फिर भी इन सेक्टर में खूब हुई कमाई; विनर और लूजर की लिस्ट

Coronavirus Impact: कोरोना वायरस के दौर में भी कुछ इंडस्ट्री ने आपदा को अवसर में बदल दिया.

Coronavirus Impact on Industries

India should now aggressively pursue FTAs with EU, UK: Trade experts

Britain clinched a historic deal with the European Union on Thursday as both sides managed to thrash out a post-Brexit free trade agreement just days before the December 31 deadline.

The two countries also expressed commitment to relaunch the UK-India CEO Forum and agreed on the Forum's meeting at the earliest.

2020: रिकॉर्ड लो से रिकॉर्ड हाई; शेयर बाजार की 10 घटनाएं, जिससे निवेशकों पर सीधा हुआ असर

Stock Market 10 Big Events 2020: इस साल शेयर बाजार की कुछ बड़ी घटनाएं, जिसने सीधे तौर पर निवेशकों को प्रभाव

Tata Motors Share Price Today, Tata Motors Stock Price

COVID-19 महामारी ने कैसे बदल दी अर्थव्यवस्था की तस्वीर? कृषि की ताकत से उपभोक्ता की आदत तक, 5 प्वाइंट में समझिए

Indian Economy in 2020: कोरोना महामारी के चलते सरकार की प्राथमिकताएं और आम लोगों की खर्च व बचत करने क

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Income Tax Calculator, Budget 2019, How to Calculate Income Tax

 

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