Page 44 - India Economy

Buy on dips with a 3-, 5-year horizon: Emkay Investment Managers CEO

"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva

Economic Affairs committee, Union Cabinet to meet virtually today

The Cabinet Committee on Economic Affairs (CCEA) and Union Cabinet meeting will be held on Wednesday via video conferencing.

Modi at WEF's Davos showcases India as future tech & economic powerhouse

Virtually delivering the 'State of the World' special address to the WEF Davos Agenda, PM Modi underlined the role played by India in handling the Covid crisis

LIC listing: Inside the all-out campaign to prepare India's biggest IPO

A knock-out debut could see state-owned insurer raise as much as $10 billion from the IPO. It would burnish Prime Minister Narendra Modi's reputation as a reformer.

India risks stagflation, growth concentrated at 'top end': Kaushik Basu

India's overall macroeconomic situation is in a recovery mode but the growth is concentrated at the top end, which is a worrying trend, according to former World Bank Chief Economist Kaushik Basu

LIVE: Delhi, Mumbai, Bengal record marginal dips in fresh Covid cases

24,383 new cases in Delhi; 11,317 in Mumbai, 22,645 in Bengal

WPI inflation eases to 13.56% in Dec; RBI may hold rates next month

WPI inflation has remained in double digits for the ninth consecutive month beginning April

India's economy recovery on 'solid path' amid fast vaccination progress: UN

Growth is projected to further slow down to 5.9 per cent in the financial year 2023, the report said

Covid LIVE: 28,867 new cases in Delhi; NEET-UG counselling from Jan 19

Delhi's positivity rate is 29.21 %

Third wave might shave 10% off mall revenue this fiscal, says report

The impact of new restrictions on malls for the top-eight cities is expected to last only four-five weeks

Ficci suggests support measures for housing sector in Budget

Housing and construction sectors have forward and backward linkages and impact nearly 200 sectors, it said

Citigroup, ICICI lower growth projections for India as Covid cases surge

Daily new cases of coronavirus in the country have gone up from about 6,500 two weeks ago to more than 170,000 now.

Inflation likely accelerated to a six-month high in Dec: Reuters poll

The January 4-7 survey of 41 economists showed Indian retail inflation rose to 5.80% last month from 4.91% in November.

Farm sector set to grow at 3.9% in FY22: First advance estimates

The gross value added (GVA) in agriculture and allied activities in FY22 is slightly higher than the long-term average for the sector which is 3-4 per cent

Karad slams Thackeray, Maharashtra FM for not attending pre-budget meetings

MoS Finance Bhagwat Kishanrao Karad slammed Maharashtra CM Uddhav Thackeray and State FM Ajit Pawar for not attending pre-budget consultation meetings called by Nirmala Sitharaman

RBI rate hikes, policy normalisation inevitable as inflation surges: Nomura

Central bank has worked to keep borrowing costs at a record low to ensure a durable economic recovery in the face of risks from the omicron coronavirus variant.

Services PMI moderates to three month low in December amid Omicron fears

Data released by the analytics firm IHS Markit showed that the Purchasing Managers' Index (PMI) for services fell to 55.5 in December from 58.1 in November.

India's services growth slows in December as inflation pressures persist

Business confidence was at a four-month high in December on robust demand, yet rising coronavirus infections kept it in check

Indian factories end 2021 on strong note despite dip in momentum in Dec

The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.

India's December jobless rate hits 4-month high of 7.9%: CMIE data

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed