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India's GDP at constant (2011-12) prices for the years 2020-21 and 2019-20 stands at Rs135.58 lakh cr and Rs145.16 lakh cr respectively, showing a contraction of 6.6 per cent during 2020-21 as compared to growth of 3.7 per cent during 2019-20.

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Auto stocks: Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for January starting from today, 1 February 2022. Tata Motors: The auto majors consolidated net loss stood at Rs 1,451.05 crore in Q3 FY22 as against a net profit of Rs 2,941.48 crore posted in Q3 FY21. Consolidated total revenue from operations fell 4.52% to Rs 72,229.29 crore […]

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The original fiscal deficit estimate for FY21 was 3.5% of GDP under the FRBM Act.

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The President of India, Shri Ram Nath Kovind, addressing the Joint Session of the Parliament on the first day of the Budget Session said that inflow of 48 billion dollars in investment in the first seven months of the current financial year was a testimony to the belief the global investor community has in Indias growth story. Speaking of the record breaking growth in Indias […]

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The growth rate of ICI during April-December 2021 was 12.6% (P) as compared to the corresponding period of last FY.

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Bharat Petroleum reported 44.27% yoy growth in total sales revenues for the Dec-21 quarter on consolidated basis at Rs95,326cr

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The Union Budget that will be presented later during the day is likely to dictate the Indian rupee direction on Tuesday, 01 February 2022. Meanwhile, dollar easing from its recent peaks is expected to support the domestic unit, although higher crude oil prices could restrict gains. Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in the Parliament today, 1 February 2022. The Budget […]

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The Economic Survey does not and perhaps cannot factor in the election focused populism and it's distortions including in the gross fixed capital formation. We need to tread cautiously as we build back.

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Indias gross domestic product decreased a real 6.6 percent in the fiscal year ended March 31, 2021, revised figures from the statistics ministry showed Monday. In May 2021, the ministry had estimated a 7.3 contraction. Growth for the fiscal year 2019-20 was revised down to 3.7 percent from 4.0 percent. In the latest annual Economic Survey, released earlier on Monday, the government estimated growth of […]

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The Jubilant Foodworks brand opened a new store at the Sky Mark Building, Noida on Monday.

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