The growth impact of PLI schemes could start showing up in FY22
RBI Governor Shaktikanta Das said vegetable prices are expected to remain soft in the near term as the central bank projected retail inflation rate to come down to 5.2 per cent in the current quarter
There has been less fudging with the revised estimates (RE) of 2020-21.
Though the first case of Covid was detected at the end of January last year, the impact on the economy began to be felt towards the end of March, when the first nationwide lockdown was announced
The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31
Economic Survey made a case for an optimal fiscal stance
The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery
Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth
In 2020, the world economy shrank by 4.3%, over two and half times more than during the global financial crisis of 2009The modest recovery of 4.7% expected in 2021 would barely offset the losses of 20
Successive Indian governments have tried to do what they can't: target economic growth and equitable distribution simultaneously
Business Standard presents two scenarios on revenues, expenditure and fiscal deficit, based on two different assumptions of the country's GDP the next financial year
Past Budgets presented after a GDP decline had no exciting proposals
Policymakers must focus on medium-term growth risks
AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month
Here's a selection of Business Standard opinion pieces for the day
Within services, financial, real estate and professional services are expected to perform well
The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic
In its Global Economic Prospects report, the World Bank said that the informal sector, which accounts for four-fifths of employment, has been subject to severe income losses during the Covid-19 crisis
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
Navy's capabilities are not in sync with the country's desired maritime profile