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
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.- 6hrs
Markets
Sensex breaches 50k-mark, ends lower on profit-booking
PTI Weighed by selling in index heavyweights Infosys, HDFC twins and TCS, the 30-share BSE index ended 167.36 points or 0.34% lower at 49,624.76.
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.
Industry
Cabinet approves closure of Scooters India: Sources
PTI The company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close the loss-making state-owned firm, sources said. The Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters India Ltd at its meeting on Wednesday, they said. The Scooters India brand name shall be sold separately as the company holds famous brands such as Lambretta, Vijai Super,
Industry
Sundaram Finance names Rajiv Lochan as MD
Special Correspondent The board of Sundaram Finance met on Wednesday and named Rajiv Lochan (director Strategy) as managing director with effect from April 1
Industry
CCI plans to export ten lakh bales of cotton
M Soundariya Preetha India, Bangladesh may ink MoU.