Business (209)
GDP for Q4 FY'21, however, grew at 1.6%, according to new data released by the NSO on Monday evening.
RBI Approves Higher-Than-Expected Surplus Transfer of Rs 99,122 Crore to Government
The higher-than-expected dividend or surplus transfer to the government comes as it is expecting a sharp sequential fall in tax collections due to a severe second wave of COVID-19 which has forced lockdowns.
A year ago, it seemed certain that the shifting global dynamics due to COVID had the potential to pave India's way into the manufacturing sector. Come 2021, manufacturing in India has come to a near standstill.
Sensex crashes over 1,300 points on spiking COVID-19 cases; Nifty below 14,300
Equity benchmark Sensex crashed over 1,300 points in early trade on Monday, tracking massive across-the-board selloff as mounting COVID-19 cases spooked investor sentiment.
China’s economic growth surged to 18.3 per cent over a year ago in the first quarter of 2021 after factory and consumer activity returned largely to normal following the coronavirus pandemic.
The wholesale price-based inflation shot up to over 8-year high of 7.39 per cent in March on rising crude oil and metal prices.
Adani Group firm’s scrip removed by New York stock exchange over ‘business ties with Myanmar military’
Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) has been removed by S&P Dow Jones Indices from its sustainability index citing its ‘business ties with the Myanmar military’.
Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Reliance Industries.
French Media: Chopper Scam Accused Was Rafale Deal Agent, Received 'Millions in Commission
Mediapart claims that Dassault and Thales paid Gupta over nearly two decades, hiring him "at the beginning of the 2000s... when India announced it was looking to buy 126 fighter jets", and that a key anti-corruption clause was deleted from the eventual contract France and India signed for this reason.
French Prosecutor Overruled Deputy to Close Rafale Probe, Cited 'Interests of France'
Investigation by French portal 'Mediapart' also reveals how Dassault misled prosecutors by claiming the 'Reliance' of Anil Ambani and Mukesh Ambani is same firm.
