Page 32 - Economic Recovery

2021 Outlook: Covid vaccine, economic recovery, earnings to drive markets

BNP Paribas expects Sensex to hit 50,500 by December 2021. JP Morgan, meanwhile, expects Nifty50 to scale 15,000 levels by the end of next year

Top factors that will shape trajectory of Indian markets in 2021

The top three Covid-19 vaccines that are currently awaiting the government's approval in India are: Pfizer and BioNTech, Oxford-AstraZeneca and Bharat Biotech's Covaxin

Reading the tea leaves: What do jobs data tell us about economic recovery?

Weekly estimates for the first three weeks of December indicate a likely marginal improvement in aggregate employment compared to November

Wrong call on IBC

Govt should not have extended suspension of bankruptcy work

GDP growth likely to turn positive in third quarter, says think tank

India's GDP growth is likely to turn positive at 0.1 per cent in the October-December quarter, economic think-tank NCAER said

Indians most optimistic in Asia-Pacific about 2021 career prospects: Study

The findings come from job site 'Indeed'

Budget sops, Covid-19 tax surcharge: Market expectations from 2021

One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory

Behind the recovery

Policymakers should not lose sight of economic distortions

Indian economy can bounce back, investment plans on track: Saudi Arabia

Saudi Arabia on Sunday noted that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis

Additional borrowing permission of Rs 16,728 cr granted to 5 states

These states are Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana

FPIs invest Rs 54,980 cr in December so far amid excess global liquidity

In November, the total net investment of FPIs stood at Rs 62,951 crore

Indian economy back in the green, says DEA secretary Tarun Bajaj

By next year, sovereign bonds to be part of global indices

RBI's central board reviews prevailing economic situation in the country

RBI's central board reviewed the current economic situation in the backdrop of global and domestic challenges

Indian retail executives accelerate cloud adoption amid pandemic

More that one in two retail executives in India feel their company is accelerating Cloud adoption in response to the Covid-19 pandemic

Icra narrows its GDP decline forecast for FY21 to 7.8% from 11% earlier

Agency had forecast a small contraction of one per cent during Q3

Two in five Indian professionals expect a rise in jobs in 2021: LinkedIn

Indian professionals are cautiously optimistic heading into 2021

Price hikes to dampen recovery prospects for Indian automakers: Fitch

Hikes come at a time when boost in some categories from pent-up demand and festive spending fades, and the economic impact from the pandemic reasserts itself, rating agency says

RBI has preserved financial stability of economy during Covid: Subbarao

Former RBI Governor D Subbarao said that managing a crisis of this scale is extremely difficult

EPFO settles 52 lakh Covid-19 claims, disburses Rs 13,300 cr: Gangwar

Retirement fund body EPFO has settled 52 lakh Covid-19 non-refundable advance claims crore so far

Foreign direct investment into India continuously growing: Piyush Goyal

The country has one of the most facilitative policies to attract overseas investors, the commerce and industry minister said