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Soumya Kanti Ghosh

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Lockdown failed, vaccination only way to fight Covid: Report

With the nation under the grip of the second wave of COVID-19 infections since last month, a report on Thursday called for faster vaccination as a more effective way to beat it and not lockdowns as......

330,000 govt jobs up for grabs!

The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.Shine Jacob and Sanjeeb Mukherjee report. The central and state......

India among economies worst-hit from Ukraine crisis: Nomura

Every 10 per cent rise in crude oil price will shave off around 0.2 percentage point (pp) from India’s GDP growth and widen the current account by 0.3 per cent, says Nomura. IMAGE: An oil......

Budget shouldn't focus on fiscal consolidation alone: SBI

House economists at the nation's largest lender State Bank of India (SBI) have urged the government to budget for nursing the pandemic-ravaged economy and not to focus too much on fiscal......

Budget: Worst-hit sectors may get credit guarantee breather

With concerns about the economic impact of the Omicron variant growing stronger due to restrictions in various states, the Centre is likely to fall back on one of its major economic recovery planks......

RBI may not tinker with rates in FY22

The Reserve Bank of India (RBI) will stay away from changing key rates — including the reverse repo rate — this fiscal in the backdrop of Omicron. However, it will continue to shape......

Tax mop-up likely to top target by Rs 2.5 trillion, say experts

The central government is likely to exceed the budgeted tax collection target of Rs 22.2 trillion for the current fiscal year, led by better indirect tax mop-up, compliance measures, and recovery......

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