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Icra Cuts Its FY22 GDP Estimate By 0.5% , Sees Economy Expanding By 10.5 %

Starting with Maharashtra, a slew of other pockets in the country like Delhi have been taking to localised lockdowns to arrest the climbing COVID-19 cases, which derails economic activity.

India's Fuel Consumption Contracts 9.1 Pc In FY21; First Since 1998-99

BW Online Bureau

Energy & Infra Oil and Gas

The GDP is estimated to have contracted by 7-8 per cent in 2020-21 after economic activity showed signs of recovery in last quarter of 2020.

Setting Base For A Strong Digital Economy

E. S. Rao

Companies & Markets

The advancements in the Information Technology in the application Software in India has led to the growth and diversification of the applications to different industries, which enhances the productivity and reliability of the deliverable services and products with CMM Level-5 quality.

As per National Crime Bureau report road accidents eighth biggest cause of deaths in India: J-K LG Manoj Sinha

ANI

National

As per National Crime Bureau report road accidents eighth biggest cause of deaths in India: J-K LG Manoj Sinha

Euro Zone Fourth-Quarter GDP Falls Less Than Earlier Estimated

BW Online Bureau

Companies & Markets Sector Reports

The European Union's statistics office Eurostat said GDP in the 19 countries sharing the euro contracted 0.6% quarter-on-quarter in the October-December period, for a 5.0% year-on-year fall.

States' Fiscal Deficit To Narrow To 4.3 % Of GDP In FY22: Report

BW Online Bureau

Economy Policy

States' fiscal deficit is now financed mainly through market borrowings and the report estimates the gross market borrowings of states will increase to Rs 8.38 lakh crore in FY22 from Rs 8.2 lakh crore in FY21 (f).

Corporate Affairs Ministry revises threshold for paid-up capital, turnover for small companies

ANI

Corporate Affairs Ministry revises threshold for paid-up capital, turnover for small companies

Contact-sensitive sector, coupled with momentum in manufacturing, others will contribute to 11 pc growth: CEA Subramanian

ANI

Contact-sensitive sector, coupled with momentum in manufacturing, others will contribute to 11 pc growth: CEA Subramanian

IMF projects 11.5 pc GDP growth, experts say India to achieve USD 5 trillion economy

ANI

IMF projects 11.5 pc GDP growth, experts say India to achieve USD 5 trillion economy

IMF says India will reclaim status of world's fastest-growing economy, projects 11.5 pc growth

ANI

IMF says India will reclaim status of world's fastest-growing economy, projects 11.5 pc growth

China's Economy Picks Up Speed In Fourth Quarter, Ends 2020 In Solid Position After COVID-19 Shock

BW Online Bureau

Economy

Asia's economic powerhouse has been fuelled by a surprisingly resilient export sector, but China's consumption - a key driver of growth - has lagged expectations amid fears of a resurgence of COVID-19 cases.

China Records Lowest Economic Growth In 45 Years

ANI

Economy

China's GDP in annual terms in 2020 amounted to 101.598 trillion yuan [about $15.68 trillion], an increase of 2.3% over the same period last year," the NBS report says as quoted by Sputnik.