cent

1 min read

• Business News

Retail inflation at 6.09 per cent in June

13/07/2020 2:01 PM Mitchell

Driven by hike in food prices, retail inflation rose by 6.09 per cent in...

3 min read

• Business News

Gross state domestic product of all the states to contract 1.4-14.3 per cent in FY21

30/06/2020 5:33 AM Mitchell

The gross state domestic product (GSDP) of states is likely to contract up to...

4 min read

• Business News

India’s economy to contract by 3.2 per cent in fiscal year 2020-21: World Bank

08/06/2020 7:18 PM Mitchell

India’s economy will shrink by 3.2 per cent in the current fiscal, the World...

2 min read

• Business News

Gold gains on bleak US data, but en route for 2 per cent weekly fall

01/05/2020 12:06 PM Mitchell

Gold rose on Friday as dismal data from the United States underscored the deep...

2 min read

• Business News

Mukesh Ambani to forgo compensation as Reliance cuts salaries upto 50 per cent

30/04/2020 2:07 PM Mitchell

According to the letter, effective from April 1, Chairman Mukesh Ambani won’t take any...

2 min read

• Business News

Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has not yet made a decision on its monetisation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said. India has spent more than a month in a nationwide lockdown, with its industries shut, to stem the coronavirus pandemic that has caused 26,496 infections and 824 deaths, among 2.97 million cases worldwide. “Fiscal measures are important and the government is working on a package of measures,” Das, the central bank chief, told news agency Cogencis in an interview published on Monday. Das said he expected the government to take a judicious and balanced call on the question of the fiscal deficit, while tackling the challenges arising from the pandemic. “Meeting the fiscal deficit target of 3.5 per cent this year (2020/21) is going to be very challenging, and going beyond it becomes unavoidable,” he said, adding that direct tax collections may also be hit. Das did not reply specificall

27/04/2020 10:17 AM Mitchell

Meeting India’s fiscal deficit target in the current financial year is going to be...

2 min read

• Business News

Most firms to face 10 per cent revenue loss due to Covid-19: CII poll

06/04/2020 2:51 AM Mitchell

At least 52 per cent of the respondents said there will be many layoffs...