Digitalisation is one of the biggest gifts we have received from this pandemic. From healthcare, to our workplaces, to education, it has now touched every aspect of our lives, and like never before.
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
The recent surge in Covid-19 infections, the central bank says, adds uncertainty to the outlook on domestic growth as restrictions could dampen demand improvement and delay the return of normalcy.
A year after the onslaught of the global pandemic, FPI inflows, corporate
performance, and news of the vaccines were key to the Indian equity markets’
immunity against Covid-19.
Ola Electric is seeking to disrupt the e-scooter market with its mega factory in Tamil Nadu. This could accelerate the shift to electric vehicles and shake up the EV market in India.
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.
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
It has been a year since the nationwide Coronavirus-induced lockdown was announced. More than anything else, it has had a profound impact on business—the way it is done, and the way it is imagined.
According to a report by FICCI and EY, the fall in the Indian media and entertainment sector comes on the back of diminishing revenues from films, TV, and print segments.
