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Huge opportunity to make India simplest, easiest place to do business: Amitabh Kant on economy revival
"It's also an opportunity to make ourselves easy and simple, do away with a lot of rules and regulations that we built up over the years, make India the simplest and easiest place to do business, use technology. It's also… Read full article
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No place for women: What drives India’s ever-declining female labour force?
The discussion on low participation of women in the labour markets should begin with a dialogue about how the onus of domestic chores and caregiving work is distributed among genders. According to 2014 OWID data, India’s female-to-male ratio of time… Read full article
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FPIs invest Rs 13,424 crore in Indian markets in June so far
At the same time, FPIs withdrew Rs 2,096 crore from the debt segment during the period under review. Read full article
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Pakistan puts travel ban on people from 26 countries including India
The National Command and Operation Centre (NCOC), a nerve centre to synergize effort against COVID-19 has placed these countries in the "C category" and revised the inbound air/land travel categories with an immediate effect, Dawn reported. Read full article
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Luxury and hunger: India sees two faces of an unequal pandemic
Modi has extended — until November — an existing program to make available fixed amounts of free food grains to 800 million people. Additional wheat and rice entitlements did help the poor last year. Yet, in the absence of incomes,… Read full article
12.06.2021
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India's pharma sector growth accelerates in May due to low base effect
The ratings agency opined that the 47.8 per cent YoY growth in India's pharmaceutical market (IPM) during May 2021 was led by a low base effect. Read full article
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Brokerages remain bullish on GAIL India, see up to 23% upside post Q4 earnings
Edelweiss, CLSA, IIFL, Emkay and Kotak Institutional Equities have maintained buy ratings. Read full article
11.06.2021
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India's forex kitty crosses $600 billion for the first time
The increase in foreign kitty in the reporting week was mainly on the back of a rise in the value of foreign currency assets (FCA) held by the central bank even as the value of gold reserves held by RBI… Read full article
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India FX Reserves, USD rose from previous $598.17B to $605.01B in June 4
India FX Reserves, USD rose from previous $598.17B to $605.01B in June 4 Read full article
2d ago
fxstreet.com
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India's sugar exports touch 4.25 million tonnes so far this year: AISTA
Of the total exports undertaken so far, maximum exports have been undertaken to Indonesia at 1.40 million tonnes so far this year, followed by Afghanistan at 5,20,905 tonnes and the UAE at 4,36,917 tonnes and Sri Lanka at 3,24,113 tonnes. Read full article
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View: Three ways in which the government can help speed up India's economic recovery
Economic planning by most households under such conditions is geared towards survival, safety and precaution. In this backdrop of uncertainty and fear, it would be folly for policymakers to expect a return to pre-pandemic demand in the economy even when… Read full article
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As outlook for economic activity brightens: India Inc building capex muscle for heavy lifting
Capacity expansion, deferred capex from last year and investments driven by the government’s production-linked incentive scheme will be the three key capex drivers, experts said. Read full article
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Analysts expect Bata India to gain 5-6% more on Q4 show
Analysts are betting on another 5-6% upside in shares of footwear maker Bata India following a 4.8% jump in Thursday's session on the back of better-than-estimated March quarter results. Read full article
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