RBI says magnitude and pace of transition to a lower inflation to be conditioned by speed of strengthening of economic activity and persistence of shocks
Co to implement an ethylene cracker project at Bina Refinery; to setting up two 50 MW wind power plants; and petroleum oil lubricants, lube oil base stock installations
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
India seeks to claim pole position in the global toy industry. It helps that the country is becoming as adept at technologically cutting-edge toys as it is in making traditional ones.
Innovation is all very well—for instance sourcing from multiple places and creating a new blend—but the product has to be authentic. And authenticity can only come by emphasising location.
Budget 2021, the first paperless one in the history of independent India, has been touted as one of the landmark Budgets of recent times. Here are some key points to ponder.
Despite Covid-19 hammering Indian economy, the country saw 11 unicorns emerge in the last one year. Clearly something incredible is happening in India’s startup ecosystem that warrants attention.
Despite the Survey’s positive tone, the Sensex and Nifty 50 closed in the red, falling nearly 8% in a matter of five trading sessions from their January 21 life–high.
