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Samrat Sharma

The writer is Senior Correspondent(Delhi/NCR)

Samrat Sharma is a leading author in the field of business, finance, economy, and industry. He has work experience of 5 years in various sectors including manufacturing, analysis, and media. He is a mechanical engineer & MBA graduate.

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Articles By Samrat Sharma

1137 Articles

Budget 2021 Expectations: Will solar, green energy get more funds? Industry eyes interest, duty sops

Union Budget 2021 Expectations for Solar Power: India needs a comprehensive policy framework encompassing both tariff and non-tariff barriers, long term financial support, and direct incentives to make the domestic solar indu

Solar power Budget 2021 Expectations, Budget 2021 Expectations for solar power

Budget 2021 Expectations: What Modi govt may propose for agriculture amid prolonged farmers’ protest

Union Budget 2021 Expectations for Agriculture: Budget provides a golden opportunity for the government to allay fears of various sections of the farming community.

Agriculture Budget 2021 Expectations, Budget 2021 Expectations for agriculture

TCS declares more dividend, announces Rs 6 per share for Q3FY21; results beat estimates

TCS recorded net profit of Rs 8,727 crore in the third quarter of the current fiscal year.

tcs, tcs profits, tcs Q3 results, tcs dividend

Coronavirus pandemic washed away nearly Rs 10,000 from every Indian’s pocket this year

The per capita gross national income (GNI) was Rs 1.07 lakh in FY20, which is expected to fall to Rs 97,899 in the current fiscal year.

per capita income, GNI, economy, income loss, pandemic, lockdown

India’s GDP may shrink 7.7% this fiscal year, says govt; projection in line with street estimates

Real GDP at constant prices in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the Provisional Estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore.

GDP growth, gva growth, real gdp, first advance estimates

Unemployment rises again in December as migrant workers return to jobs market to find work

The sudden rise in the unemployment rate was due to a significant number of workers returning to the labour market in the search of jobs.

job, employment, unemployment, joblessness

Petrol, diesel prices hit record high as crude oil prices rebound; inflation concerns grow

While petrol pieces are at a lifetime high in Delhi, diesel prices are at a record high in Mumbai, at Rs 81.07 a litre.

petrol prices, diesel prices, crude prices, retail fuel prices, brent crude prices

Budget 2021 Expectations: Will Modi govt bring new dawn for manufacturing firms in upcoming Budget?

Union Budget 2021 Expectations for Manufacturing: Manufacturing generated 17.4% of India’s GDP in the last financial year 2020 -- a little more than the 15.3% it had contributed in 2000.

manufacturing Budget 2021 Expectations, Budget 2021 Expectations for manufacturing

Services sector hit by rising costs, Covid-19; job cuts resume, December PMI falls

The input costs increased to the highest level since February as the survey participants reported higher prices for various items, including cleaning products and fuel.

service sector, service PMI, ihs markit, input cost, covid 19, travel ban

India’s pharma export shoots up amid coronavirus pandemic; ‘China plus one’ policy helps

India's formulation surged 18 per cent while the bulk drug exports rose 9 per cent on-year during H1 FY21.

pharma sector, pharmaceutical, drugs, exports, imports

Workers ran away from farm sector before pandemic began; rushed back amid lockdown

The agriculture sector employed 5.3 per cent of total urban workers during January-March 2019, which fell to 5.1 per cent in a year.

agriculture, agri, farm sector, manufacturing, services,

PM Narendra Modi says Atmanirbhar Bharat not about flooding world with Indian products

PM Modi urged to ensure that Made in India products not only meet global demand but also get global acceptance.

Previously both Australia and India had won one game each in the four test match series.

India’s economic recovery looks brighter than it actually is; worst over, regaining ground will take time

Though in on-year growth terms, FY22 would appear to be an extremely good year, in level terms, it would only be slightly better than FY20.

“We are looking at a 50 basis point cut in the repo rate for 2021 and we are looking at a 100 basis point hike in interest rate in FY23,” said Indranil Sen Gupta, India economist, BofA Securities.

Lost jobs may never come back; companies may have used Coronavirus lockdown as opportunity

The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown.

jobs, employment, lost jobs, companies' profits, cmie

Budget 2021 Expectations: What FM Sitharaman’s ‘growth Budget’ may offer – demand boost, capex, more

Union Budget 2021 India: The growth budget is also expected to further simplify and rationalise the GST, which could unleash some more vitality in the economy.

Nirmala Sitharaman Budget 2021 Expectations, Budget 2021 Expectations for growth

Core industries’ output snaps recovery, worsens in November 2020; these areas hit most

Out of the eight core industries, production in five of them declined in the last month. These industries are crude oil, natural gas, refinery products, steel, and cement. 

core industries, coal, cement, fertilizer, electricity

High hopes for non-farm sectors recovery in H2 FY21; large firms to gain at the cost of smaller ones

The revival in economic activity in H2 FY21 may take the form of a multi-speed recovery across the non-agricultural sectors.

economic recovery, formal sector, large companies, small companies, recovery in sectors

Budget 2021 Expectations: Will Budget 2021 bring more tax relief for people, firms amid pandemic?

Union Budget 2021 Expectations for Tax Relief: Increase in the maximum exemption limit under section 80C is long overdue and should be increased from Rs 1.5 lakh to Rs 2.5 lakh.

Tax Relief Budget 2021 Expectations, Budget 2021 Expectations for Tax Relief

Role of agriculture in 2020 will be remembered; how businesses, firms performed amid pandemic

As the eventful year is coming to an end, it is interesting to look back at different economic areas as to how those performed.

IIP, manufacturing, growth, the year in retrospect,

Budget 2021 Expectations: Where will Modi govt raise money from, where will it spend?

Union Budget 2021 Expectations for Expenditure: The spending is likely to be enhanced for infrastructure projects that generate employment and have higher multiplier effects.

Banking rules changed in 2020, changes of banking system in 2020, anytime rtgs, otp based atm withdrawal 

Tata to buy 32.67% more stake in Air Asia India; Tony Fernandes sells off amid pandemic woes

Tata Sons will buy 32.67 per cent more stake in Air Asia India, bringing its total share to 83.67 per cent in the airline.

air asia, air india, tony fernandes, tata sons, aviation deal, airlines

RBI helps India’s financial condition rebound to better than pre-pandemic level at full speed

Policy rate, liquidity conditions, markets, foreign exchange, and global conditions were the major drivers of the financial conditions this year.

from January 1, 2021, new rules, your money, investments, savings, Contactless payments, Standard term life insurance plan, mutual funds

TV, fridge, washing machine prices set to rise in new year; be ready to pay more to buy appliances

Higher input costs and a rise in the ocean and air freight charges are expected to weigh on the prices of home appliances in the new year.

TV, fridge, washing machine, home appliances prices, input costs

Global firms to move from China to India; Modi’s Atmanirbhar Bharat 3.0 package is ‘average’: Survey

Indian companies call Prime Minister Narendra Modi’s Atmanirbhar Bharat Package 3.0 as “average”.

global manufacturing firms, atmanirbhar bharat package, covid-19 vaccine, travel restrictions, demand, credit cost

SBI, PNB, other Indian banks see sharp fall in NPAs; these reasons to thank for improved asset quality

The improvement in asset quality has majorly been due to recoveries and higher write-offs by the multiple banks.

sbi, pnb, state bank of india, stressed assets, npa, gnpa, loan

35 lakh jobs gone in November, unemployment shoots up

While 50,000 jobs were lost in October, November witnessed a much higher shedding of jobs at 35 lakhs.

jobs, employment, unemployment, labour force, CMIE

Tata Steel, JSW Steel, other Indian steelmakers’ profits may jump as China bans Australian coal

Softer coking coal prices shall directly support EBITDA per tonne accretion of around Rs 2,600 over FY21.

jsw steel, tata steel, steelmakers profits, coking coal
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