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The latest data on the first quarter of the current financial year 2021-22 shows a big jump in the gross domestic product (GDP), compared with the corresponding period last year, but it may not be a true reflection of the country’s economic recovery process. This is because the base for comparison is very low, set […]
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As an expected outcome of the pandemic-induced digitization, job posting for IT roles such as project head and engineer saw an increase of 8-16 per cent
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Tata Sons chairman N Chandrasekaran said a new India could emerge in the coming decade to be a global leader in research and development, science and technology, AI, advanced manufacturing and next generation products and services
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.10 per cent down at 92.08.
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Goods and Services Tax (GST) collection in July 2020 was Rs 87,422 crore.
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The index no longer captures the economy or its constituents effectively. It may no longer be the barometer of the Indian economy, Dr Vikas Singh, president, Crux Management Services tells Y V Phani Raj in an interview. Excerpts
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The 10 lakh investment scheme, brainchild of CM K Chandrashekhar Rao will help Dalits to become entrepreneurs
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Chief Economic Advisor Krishnamurthy Subramanian said the second wave of COVID-19 is unlikely to have a very significant on the economy
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He also said the financial system is on the front foot to aid recovery, but the priority is to maintain and preserve financial stability.
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GDP growth in the current fiscal was estimated to be in double digits initially, but a severe second wave of pandemic has led to various agencies cut growth projections.
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According to an assessment by the Reserve Bank, the second wave has cost the nation about Rs 2 lakh crore in terms of output lost.
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The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.
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"India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic," the World Bank said.
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The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.
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Painting a rosy picture based on April's GST collections could be a miscalculation as all indicators point to a grim picture of the economy
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The economist said the current localized reversal of unlocks has successfully bent the curve.
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Regional markets shrugged off data showing Japan's economy contracted at 5.1% annual pace in the last quarter as numbers of new coronavirus cases surged.
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Manufacturing, auto sales and other consumer activity have revived to above pre-pandemic levels.
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Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.
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The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.