Search Results for: fiscal deficit

Flood fear grips Kashmir valley; J&K Govt says no need to panic

With Jammu reeling under flash floods, J&K admin said the people of Kashmir need not fear as there are low chances for flood-like situation due to 30-40% rainfall shortage this year.

Aug 26, 2020

Car Insurance expired in Lockdown? Know how you can renew car insurance online

Bajaj Allianz general insurance, during the pandemic, has managed to pay the claims as per regulations and has also brought down the customer grievance ratio by a whopping 90%

Aug 26, 2020

Covid invasion halts India's rural recovery, longer economic slowdown on cards

The world's No.5 economy reports first-quarter GDP data on August 31 and, according to a poll, it is likely to have contracted 20% over April-June.

Aug 20, 2020

How CV Raman Global University is helping the youth to bridge skill gap

In the quest to fruition of youth's potential, the ability of education institutes to introduce reforms in imparting it to the young mass is instrumental

Aug 16, 2020

Explained: How did RBI arrive at Rs 57,128cr dividend declaration for FY21

Earlier in the day today, RBI approved a dividend of Rs 57,128 cr for FY21 and decided to maintain 5.5 percent as contingency risk reserve or retained earnings. Let's interpret the RBI numbers and calculations here.

Aug 14, 2020

Indian craft brewer Bira talking to foreign beer makers about possible stake sale: Report

Data provider PitchBook estimates Delhi-based Bira was valued at $210 million in 2018. US-based Sequoia Capital holds a roughly 45% stake in the company, while CEO Jain and his family own around 30%.

Aug 12, 2020

India should focus on protecting economy, says ex-RBI governor

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

Aug 6, 2020

Amid inflation pressure will RBI Gov Shaktikanta Das risk slashing repo rates

Amid rising inflation concerns in times of the pandemic, economists predict RBI could ease monetary policy now. This, by cutting the repo and reverse repo rates by at least 25 bps to 3.75% and 3.10% respectively.

Aug 3, 2020

COVID impact: IndiGo's net loss at Rs 2,844.3 cr in Q1FY21

InterGlobe Aviation which runs airline major under the brand name of IndiGo on Wednesday posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first-quarter of 2020-21.

Jul 30, 2020

Amid COVID crisis, CM Yediyurappa celebrates 1-yr in office in Karnataka digitally

The ruling Bharatiya Janata Party (BJP) celebrated its 1-year rule in Karnataka, with a 90-minute inaugural programme in the city, streamed digitally in all the 30 districts across the state for the benefit of the party cadres and the public.

Jul 27, 2020

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

Private sector lending major ICICI Bank reported a 36 per cent growth in standalone net profit of Rs 2,599 crore for the first quarter of 2020-21.

Jul 25, 2020

Whether India really got new Economic technology discovered by Deepak Sharma

Humankind has no intellectual capability to convert aforesaid assets into monetary funds, therefore humankind is suffering from poverty, crony capitalism, crime and corruption.

Jul 15, 2020

Reliance Industries (RIL) Chairman Mukesh Ambani

Reliance AGM 2020: Full text of Mukesh Ambani's speech about 5G solutions, Google investment, more

RIL Chairman Mukesh Ambani made several important announcements, highlighting the company's effort to make 'Made in India" voice heard globally. From Google's investment in Jio Platforms to Jio Glass smart eyewear and home-grown 5G solutions, here's everything announced on Wednesday.

Jul 15, 2020

Walmart-led investors pump in $1.2 billion in Flipkart Group

With the new investment, Flipkart group is now valued at $24.9 billion. The $1.2 billion will be funded in two tranches over the remainder of the fiscal year.

Jul 14, 2020

Covid-19 pandemic knocks Singapore into recession with record 41.2% GDP plunge

Gross domestic product (GDP) dived by a record 41.2 per cent in the three months ended March, on a quarter-on-quarter annualised basis, the Ministry of Trade and Industry said.