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 theEx-Pond’s India chief Narayanan passes away
Special Correspondent ‘Visionary, gave his team freedom’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 backslideA 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 decadesA 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 reformsSensex tanks 746 points; Nifty ends below 14,375
Special Correspondent Axis Bank was the top loser in the Sensex packGold snaps 3-day gain, falls ₹ 263; silver declines ₹ 806
PTI Snapping a three-day winning streak, gold prices on Friday slipped by ₹ 263 to ₹ 48,861 per 10 grams in the national capital, due to a weak trend in the international market, according to HDFC Securities. The precious yellow metal had closed at ₹ 49,124 per 10 gm in the previous session. Silver prices also declined from ₹ 806 to ₹ 66,032 per kilogram, compared with the previous close of ₹ 66,838 per kg. HDFC Securities Senior Analyst (Commodities) said, "Following weaker COMEX (New York-basedRBI moots scale-based tighter regulatory framework for NBFCs
Special Correspondent Aims at staving off systemic risksIL&FS addressed debt of ₹2,500 crore in Q3
Special Correspondent ‘So far repaid ₹32,000 crore of debt’RIL net rises 12.5%, revenue slides 21%
Special Correspondent Refining-to-telecoms firm shrinks costs by 22% helping buoy profit, adds 50,000 jobs since MarchIndian bank Q3 net more than doubles
Special Correspondent Board gives nod to raise ₹7,000 croreIL&FS addressed debt of ₹2,500 crore in Q3
Special Correspondent ‘So far repaid ₹32,000 crore of debt’