PARLEY |
Comment
Parley: Does the Budget do enough in providing a stimulus to growth?
Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide
Comment
A government that is clueless on the economy
Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades
Comment
A Budget exercise that is designed for stressed times
T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms
Business
Sensex slips on profit booking after climbing past the 50,000 mark
Special Correspondent Index slides 0.34% to close at 49,625
Markets
Rupee gains 6 paise to close near five-month high of 72.99 against U.S. dollar
PTI Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.31% to 90.19.
Economy
India within striking distance of attaining positive growth: RBI
PTI India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for vaccine.The Indian government launched the world's biggest vaccination drive on January 16 to protect people from COVID-19. "What will 2021 look like? The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin. India has launched the
Economy
‘Weak reform push, financial sector woes may damp growth’
PTI Effective implementation key to realising India’s medium-term potential, says Fitch.
Business
Govt. defends decision that led to Adani bagging six airports
Jagriti Chandra Ministry says cap was waived considering operational scale- 6hrs
Business
Ex-Pond’s India chief Narayanan passes away
Special Correspondent ‘Visionary, gave his team freedom’- 6hrs
Business
Hero MotoCorp surpasses 100 mn-unit production, to launch 10 new products every year
Special Correspondent India’s largest two-wheeler maker Hero MotoCorp, that crossed 100 million units in cumulative production, said it will introduce over 10 products, including variants, refreshes and upgrades every year, over the next five years. “We have been making in India, for the world, and this milestone is an acknowledgment of the customers’ preference for Hero across geographies, demographics and generations,” said CMD Pawan Munjal. Mr. Munjal added in line with its vision to ‘Be the future of mobility,’