The document which was tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha in its debt simulations for worst-case debt analysis assumed the contraction at (-) 7.7 per cent.
Its house economists expect these spends to be funded by debt and partly by imposing a cess on high income groups and also by some non-fiscal measures like tapping the central bank's revaluation reserves and bank recapitalisation and infra bonds.
SEBI has said that it has constituted a Market Data Advisory Committee to recommend appropriate policy for access to securities market data, identify segment wise data perimeters, data needs and gaps
Finance Minister Nirmala Sitharaman will table the Union Budget 2021-22 in the parliament on February 1 i.e, on Monday.
The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
The company did not provide value of the contracts but said the orders fall under "significant" category which range between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts.
The 30-share Sensex was trading higher by 403.16 points or 0.86 per cent at 47,277.52 in opening deals.
The Economic Survey, which is presented on the opening day of the budget session, provides a summary of the annual economic development across the country during the financial year.
President Ram Nath Kovind has strongly condemned violence on Republic Day and said that unfurling of a religious flag at Red Fort was unfortunate.
The International Monetary Fund (IMF) on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register the double-digit growth this year amidst the catastrophic coronavirus pandemic.
From incentives to subsidies and tax cuts and other benefits, the startup industry wants from the Modi government to announce measures that translates into profits in the coming years.
The Union Budget 2020-21 had estimated fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of GDP but India Ratings sees it printing in at Rs 13.44 lakh crore or 7 per cent if the government cleared its payables and roll over some portion of expenditure to 2021-22.
The Economic Survey 2020-2021 will be presented on January 29. It will be the first economic survey by the Centre that will be tabled amid the pandemic.
The Union Budget 2021-22 will be presented by Finance Minister Nirmala Sitharaman on February 1 (Monday). It will be the first budget presentation amid the pandemic.
After announcing a series of stimulus packages to buttress the economy, the finance minister has an opportunity to lay out a fiscal blueprint - paperless for the first time - to strengthen the distressed sectors and encourage the promising ones alike, keeping in mind the expectations of the common man as well.
The Cabinet on Wednesday cleared the new public sector enterprises (PSE) policy that will define strategic and non-strategic sectors.
Extending its losing streak to the fifth straight session, equity benchmark Sensex plunged 536 points on Thursday, tracking losses in HDFC Bank, Infosys and HUL amid a weak trend in global markets.
Gold on Thursday fell Rs 109 to Rs 48,183 per 10 gram in the national capital following muted global trends, according to HDFC Securities.
Airtel did this over its existing liberalised spectrum in the 1,800 MHz band through the NSA (non-standalone) network technology. Using dynamic spectrum sharing, Airtel seamlessly operated 5G and 4G concurrently within the same spectrum block.
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report.
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