Page 264 - Indian Economy

Centre could refund costs to encourage asset monetisation by states

The NITI Aayog and DIPAM are considering a proposal to incentivise states for the costs involved in monetising and privatising assets

Covid relief schemes get longer life as govt begins process for extension

Among other schemes, the Emergency Credit Line Guarantee Scheme was recently extended until June 30 or until Rs 3 trillion is disbursed before taking a call to widen the plan or extend it

MPC: Covid surge biggest challenge to ongoing economic recovery, says Das

The RBI governor also said that global financial markets have turned volatile over inflation fears in advanced economies and rising commodity prices, posing risks to the domestic outlook

Negative outlook list may get longer, Q1 biz to be hit: Rating agencies

In February, things seemed to be coming under control with vaccination, giving the impression the system would cope with the pandemic

States may need Rs 30,000 cr to vaccinate 70% of those in 18-44 age group

Centre's support and private sector participation may relieve some of the load

Fiscal friction

Central govt should not leave everything to states

Industry ready to strengthen capacity, back-end infra despite second wave

Several industries have shown confidence in the economy's recovery prospects and said the capex cycle is reviving

$1-bn outflows: FPIs turn wary of India on worsening coronavirus crisis

Covid-19, US yields, dollar to weigh on equity flows in the near term

States seek clarity on Covid vaccine price as they gear up for phase 3

Limited supply of vaccines could scupper move to open up vaccination to 18-plus

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

The agency now expects the economy to grow 10-10.5 per cent in 2021-22, against the 10-11 per cent estimated earlier.

2021 will not be about Covid despite second wave: Nirmala Sitharaman

FM says Rs 4,650 crore being given to two vaccine makers in India to ramp up capacity; adds 100% advance paid top them for the next few months

Monday blues: Second Covid-19 wave stings indices as markets drop 1.8%

Benchmark indices drop 3% before settling 1.8% lower, amid Covid-19 surge, new restrictions

Centre working to save lives, livelihoods, FM Sitharaman tells India Inc

Finance Minister has sought feedback over impact on businesses and economy

Wave of disruption

New Covid cases could threaten the fragile economic recovery

Recovery tracker: Workplace visits lowest since Dec, power generation hit

Workplace visits are now down by nearly a quarter compared to normal times

India's m-cap declines 2.5%, only top-15 nation to see erosion in April

Only market among top 15 to see a fall; world m-cap has risen 4.2% in April

Govt working to save lives, livelihood: Sitharaman tells business leaders

Sitharaman last week said the government would not go for lockdowns in a big way and only resort to local containment

Oil falls amid surging coronavirus infections in India, other countries

Oil prices fell on Monday amid mounting concerns that surging caseloads of coronavirus infections in India and other countries will lead to stronger measures and hit economic activity

Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more

Here's a selection of Business Standard opinion pieces for the day

Gross borrowing slightly exceeds revised estimates by 1% over lockdown

The borrowings were further raised to Rs 12.80 trillion in RE as the government also tried to bring transparency in subsidies