Wednesday, Jul 6, 2022
Science and Tech
OTT brings regional content into the spotlight
Studios and platforms are creating storylines based on real life instances and the way of life in a region, thanks to the large number of active online users and rising internet penetration across the country.
S&P cuts India’s FY22 growth forecast to 9.5%
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.
Moody’s cuts 2021 India’s growth forecast to 9.6 pc
Flagging low innoculation rate, it said faster vaccination progress will be paramount in restricting economic losses to the current quarter.
Crisil cuts growth forecast to 9.5 per cent
Crisil said that the second Covid wave has thrown cold water over the Indian economy that was beginning to warm up after witnessing the most severe contraction since Independence.
Covid surge: SBI slashes growth forecast to 10.4 per cent
The report penned by the bank's Chief Economic Advisor Soumya Kanti Ghosh also suggested that faster vaccination is cheaper on the economy than complete lockdowns
Care Ratings revises India’s GDP growth forecast
Cuts GDP growth projection to 10.2% in FY22 from an earlier projection of 10.7-10.9%
Sensex ends 144 points lower
UltraTech Cement was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, HDFC Bank, IndusInd Bank, Axis Bank and Reliance Industries.
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