India’s GDP recorded a robust expansion of 8.4% during the October - December period, showcasing sustained momentum after achieving growth rates exceeding 8% in the two preceding quarters.
4 min read1 Mar 2024Businesses have opened up and economic activity has picked up in India after one of the world's strictest lockdowns were easedBarclays said on Thursday, it expects growth in GDP will resume in the third quarter of the current financial year
1 min read19 Nov 2020India has to coax investors to set aside its reputation as a tough place to do business
3 min read15 Nov 2020Goldman Sachs thinks that the investment case for India has improved after initially lowering India to marketweight in April on concerns of nationwide shutdownThe broker expects corporate profits to rebound 27% next year and a further 21% in 2022
1 min read12 Nov 2020'NPAs are not only a problem but a consequence of other problems,' says Y.V. Reddy, former RBI governor from Sept 2003-08Centre has set aside ₹20,000 crore to recapitalize PSU banks this year, a fraction of the $13 billion that analysts say is needed
2 min read2 Nov 2020After shrinking a record 23.9% in the April-June quarter, the Indian economy was forecast to contract 10.4% and 5.0% in the third and fourth quarter, respectively and merely stabilize in the first three months of 2021
2 min read22 Oct 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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