Comment
The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021
Ananth Narayan This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to be done
Comment
A Budget that fails to address the hunger pandemic
Dipa Sinha In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all
Comment
A promising Budget with a few disappointments
M.Govinda Rao While the Budget promises to revive the economy faster, it continues to emphasise the protectionist trend
Markets
Rupee settles 2 paise lower at 74.09 against U.S. dollar
PTI The dollar index rose 0.22% to 90.80.
Markets
Gold tumbles ₹ 191; silver plunges ₹ 1,062
PTI Gold tumbled ₹ 191 to ₹ 46,283 per 10 gram in the national capital on Friday in-line with decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹ 46,474 per 10 gram. Silver also plunged ₹ 1,062 to ₹ 67,795 per kilogram from ₹ 68,857 per kilogram in the previous trade. In the international market, gold was trading down at USD 1,769 per ounce and silver was flat at USD 25.92 per ounce. "Gold prices pared early gains on US
Economy
GST revenue hits all-time high of ₹1.41 lakh cr in April
Special Correspondent During the month, the revenues from domestic transaction (including import of services) are 21% higher over the last month.
Economy
‘April GST collections may go up to ₹1.2 lakh cr.’
Special Correspondent E-way bills will cross 5.5 cr.: SBI report
Industry
Major auto cos log subdued sales in April amid COVID-19
PTI However, Mahindra & Mahindra along with Honda Cars India posted sequential growth in their passenger vehicle sales last month.
Industry
Cotton production estimated to be lower at 360 lakh bales
Special Correspondent The Committee on Cotton Production and Consumption expects production during the current season (October 2020 to September 2021) to be at 360 lakh bales, slightly lower than the 2019-2020 estimate of 365 lakh bales.At a meeting held on Friday, the committee estimated cotton exports in the current season to be at 70 lakh bales and consumption by textile mills at 288 lakh bales. The closing stock is projected to be almost 119 lakh bales.In its previous meeting held in January this year, the
Industry
Jump in COVID cases hits India’s April fuel demand
Reuters Analysts see a sharper slump in May