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A national lockdown, which it reckoned as a 'last resort' if declared, can have a deep impact on the growth process, which is still shallow, analysts at BofA Securities said
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Through this agreement, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer
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It can be noted that unemployment had touched record highs during the pandemic across the organised and unorganised sectors
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During the pandemic, capital markets supported the economy, helped the corporates raise much-needed funds for sustenance, says Uday Kotak
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But there are a few conditions that one must adhere to in order to avail benefits of this scheme.
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The auto fuel prices were last changed on March 30, when petrol fell by 22 paise per litre and diesel slipped by 23 paise
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The deal pegs the valuation of the company close to $5 billion
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Personal data of 533 million Facebook users globally—including names, phone numbers, and other details—was allegedly leaked online and posted for free on hacking forums
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Given the continued rise in cases and the likelihood of more state-wide restrictions, we expect softer sequential growth in Q1 FY22 but view the medium-term impact as limited, Nomura said
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The Indian economy is poised to build back better and stronger as is reflected in the movement of several high-frequency indicators, the Finance Ministry's monthly economic report said