The Railway Budget will be presented on February 25 while the Union Budget will be presented on February 29.
'As we reach 2022 we are creating a very new, different India where the Citizenship Amendment Act will be passed, NRC will be pushed through, Article 370 scrapped...'
Infrastructure sector urgently requires investments, it says.
In the past few years, MFs have emerged as significant institutional buyers, often offsetting the selling by FPIs.
Since 2014, many of Mohan Bhagwat's speeches have acted as cues for government policy.
The US Congress could certify just 12 Electoral College votes on Wednesday before pro-Trump rioters stormed the US Capitol, interrupting a joint session of Congress where lawmakers were set to certify President-elect Joe Biden's win.
The advertisement and circulation revenue had already declined due to recession and the digital onslaught, it noted.
The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19, the largest outbreak in the world since the beginning of the deadly pandemic. The Washington-based global lender, in its latest issue of Global Economic Prospects released here, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of Fiscal Year 2020/21, especially in services.
'The prime minister bought spectacles from Germany to see the eclipse, but he cannot see that an eclipse has fallen on the country.'
The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.
Only the government has the capacity to collate all death data across all facilities and count corpses dumped in rivers. And the government is patently not interested in finding out, observes Devangshu Datta.
The Congress Working Committee (CWC) member also reminded regional parties opposed to the BJP of the defeat in the 2019 general elections when Narendra Modi powered the National Democratic Alliance to a second straight term in office due to a fragmented opposition, warning the 'BJP is coming after them' in their respective states.
Financial markets are under stress and require steps by the central bank for market stability and revival of economic growth, he said while announcing the decisions taken by the Monetary Policy Committee in Mumbai.
"We are facing a global health crisis unlike any in the 75-year history of the United Nations -- one that is killing people, spreading human suffering, and upending people's lives. But this is much more than a health crisis. It is a human crisis," Guterres said.
Smuggled gold, which is selling sharply lower than the spot market price, is also responsible for discounts not ending. Some consumers are selling high amounts of gold.
The Britain's ruling party is suffering a leadership challenge with Brexit Secretary David Davis and Foreign Secretary Boris Johnson dramatically resigning over their inability to support the terms and conditions drawn up to exit the European Union.
We have a full blown epidemic, an economic recession with the highest unemployment in Indian history, and a powerful enemy whose aggressive and offensive actions we did not anticipate, states Aakar Patel.
It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.
'What are the circumstances at that time? Had you thought Modi will come after Vajpayee?'
It is hard to escape the feeling that solving the problems of 2020 and 2021 will require something special which at the moment is not on view, observes Aakar Patel.
Casa Vogue's 2019 edition features unseen pics of Mannat, the house that Gauri built.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
Costlier vegetables and eggs pushed up retail inflation to a nearly six-and-a-half year high of 7.61 per cent in October, keeping it significantly above the comfort zone of the Reserve Bank.
Japan on Friday extended a state of emergency in Tokyo and other areas by about three weeks to June 20 as the COVID-19 pandemic shows no signs of easing less than two months before the Summer Olympics open.
Bajaj Finance was the top laggard in the Sensex pack, tanking up to 8 per cent, followed by M&M, Tata Steel, Bajaj Auto, ONGC, HDFC Bank and Kotak Bank. On the other hand, TCS, Tech Mahindra, HUL, Axis Bank and ITC were the top gainers.
The Bharatiya Janata Party on Thursday ripped apart the United Progressive Alliance government's economic policies, stating that the Manmohan Singh-led administration had chosen to ignore the opposition's concerns about the financial recession.
Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low relative to countries with similar economic impacts from the pandemic. "The COVID-19 outbreak in India and two months of lockdown -- longer in some areas -- have led to a sudden stop in the economy. That means growth will contract sharply this fiscal year (April 2020 to March 2021)," it said. "Economic activity will face ongoing disruption over the next year as the country transitions to a post-COVID-19 world."
According to the organisation that represents about 2,40,000 UK businesses, the national GDP is projected to expand 0.5 per cent in the fourth quarter of this year, paced primarily by increased consumer spending.
'The response to savagery and mass injustice is never a persistent howl.' 'There will be, among the victims, those who choose to forget the scars, those who go on living, those who challenge the overall environment of sentimentality.' 'And the more effort you put into including these other voices, into assimilating these spoilsports, the more balanced your depiction of the tragedy in question will be,' observes Sreehari Nair.
All Sensex components ended in the red. IndusInd Bank was the top loser, followed by Tata Steel, HDFC, ICICI Bank, Axis Bank, Infosys and ITC. According to traders, volatility heightened in global markets as US Federal Reserve's interest rate cut stoked concerns over an impending economic recession.
The sound of the dhak is an essential part of Pujo celebrations, says Indrayanee Mukherjee.
Investor wealth plummeted by nearly Rs 5 lakh crore in early trade on Monday as equity markets crashed tracking global equity selloff amid rising uncertainty over the economic impact of coronavirus outbreak. Market capitalisation (m-cap) of BSE-listed companies saw a massive decline after the 30-share index plunged 1515.01 points, or 4.03 per cent, to 36,061.61. The NSE Nifty too cracked 417.05 points, or 3.80 per cent, to 10,572.40.
The first step? Get in touch with past employers and colleagues to see if there are any opportunities, advises Ravish Agrawal, founder and CEO, Able Jobs.
The government did not tell us why our economy had imploded. The prime minister simply stopped speaking on the subject, asserts Aakar Patel.
Harris slammed President Donald Trump and pledged to 'rejoin' the Paris agreement on Climate Change and 'strengthen and re-enter' the Iran nuclear deal. "Joe Biden and our administration is gonna have a massive job to repair the damage done by Donald Trump and his administration, and to restore our place in the world," she said.
Chief Economic Adviser K V Subramanian on Monday said the overall impact of the second wave of COVID-19 on the country's economy is not likely to be large but cautioned about an uncertainty surrounding the pandemic going ahead. He further said that given the circumstances due to the pandemic, it is difficult to forecast if the country would achieve a double digit growth in the current fiscal. The Economic Survey 2020-21 released in January this year had projected GDP growth of 11 per cent during the current financial year ending March 2022.
Maintaining that the tax concessions announced by the government will only 'beautify' its balance sheets, the Communist Party of India-Marxist said on Wednesday the measure would not do anything to bring the country's economy out of recession.
Calculative risks is what differentiates the successful businesses from the rest, points out Bhargav Varma, co-founder and COO of CiS App, a social networking venture.
UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations.
The Forbes.com Investor Team speculates about the next catastrophe. Could be autos, or could be a major endowment or pension fund.
