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Tag "economic recovery"

India’s Net Direct Tax collections up 48% YoY till March 16

India’s Net Direct Tax collections up 48% YoY till March 16

🕔08:47, 18.Mar 2022

New Delhi, March 18 (IANS) Accelerated economic recovery lifted the Centre’s net direct tax collections for FY22 (till March 16) by over 48 per cent on a year-on-year basis. According to the Ministry of Finance, net collections stood at Rs 13,63,038.3

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ASEAN FMs meet on Covid, inclusive economic recovery

ASEAN FMs meet on Covid, inclusive economic recovery

🕔20:02, 17.Feb 2022

The ASEAN Foreign Ministers’ meeting (AMM Retreat) kicked off here on Thursday in a hybrid format to discuss issues, such as the Covid-19 pandemic, inclusive economic recovery, and relations with dialogue partners. Phnom Penh, Feb 17 (IANS) The ASEAN Foreign Ministers’

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As crude races toward $100/b it will undermine fragile economic recovery in Asia

As crude races toward $100/b it will undermine fragile economic recovery in Asia

🕔17:58, 10.Feb 2022

New Delhi, Feb 10 (IANS) The dramatic sprint of crude oil toward $100/b is prompting Asian importers to rethink supply strategy as well as their fiscal roadmap, which could result in an aggressive recourse to strategic reserves, changes to fuel subsidies

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RBI’s MPC expected to hold rates; push for eco recovery

RBI’s MPC expected to hold rates; push for eco recovery

🕔18:07, 7.Feb 2022

Mumbai, Feb 7 (IANS) To enable faster economic recovery from the third Covid wave, the Reserve Bank of India is expected to retain its key lending rates during the upcoming monetary policy review, say analysts. On the other hand, the central

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Canada announces new support measures for economic recovery

Canada announces new support measures for economic recovery

🕔10:56, 22.Oct 2021

Ottawa, Oct 22 (IANS) The Canadian government has announced new measures to restore the economy while its income and business support programs against the Covid-19 pandemic are to expire on Saturday. Deputy Prime Minister and Finance Minister Chrystia Freeland said on

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Economic recovery widened in Q2FY22 as Covid second wave abated: ICRA

Economic recovery widened in Q2FY22 as Covid second wave abated: ICRA

🕔07:15, 22.Oct 2021

New Delhi, Oct 22  India’s economic recovery widened in Q2FY22 as the impact of Covid-19’s second wave abated, ratings agency ICRA said. In quarterly terms, half of the high frequency indicators recovered above their pre-Covid levels in Q2FY22, it said.

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Will ensure adequate liquidity to support economic recovery: RBI Governor

Will ensure adequate liquidity to support economic recovery: RBI Governor

🕔12:27, 8.Oct 2021

Mumbai, Oct 8 (IANS) RBI Governor Shaktikanta Das on Friday said that adequate liquidity will be ensured to support the process of economic recovery. In a virtual address post the monetary policy meet, he said that the RBI will continue to

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Signs of recovery: Credit profiles of large no of Cos get an upgrade

Signs of recovery: Credit profiles of large no of Cos get an upgrade

🕔17:58, 8.Sep 2021

New Delhi, Sep 8 In a sign of a sharp economic recovery, credit profiles of companies has seen a marked improvement in the five month period of current fiscal as compared to Covid affected April-August period of 2020. A testimony

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Continued unlocking accelerates economic recovery in July: ICRA

Continued unlocking accelerates economic recovery in July: ICRA

🕔16:18, 23.Aug 2021

New Delhi, Aug 23  Continued unlocking across the country has accelerated the improvement in various high frequency industrial and service sector indicators during July 2021, said ICRA. According to Aditi Nayar, Chief Economist, ICRA: “With the further easing of the

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Financial conditions supportive of economic recovery: RBI

Financial conditions supportive of economic recovery: RBI

🕔06:57, 18.Aug 2021

Mumbai, Aug 18  Spurted by comfortable liquidity conditions, the financial condition of the economy stays benign and is supportive of recovery, the Reserve Bank of India (RBI) Bulletin for August said. The bulletin noted that the course of the economy

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Fiscal package may be on cards to maintain economic recovery amid Covid 2.0

Fiscal package may be on cards to maintain economic recovery amid Covid 2.0

🕔19:14, 17.Apr 2021

New Delhi, April 17  A fiscal stimulus package may be on the cards again as the government looks at ways to prevent the present surge in Covid-19 cases and the ensuing restrictions imposed by the states from derailing the economic

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Economic recovery resilient despite surging Covid cases: FinMin report

Economic recovery resilient despite surging Covid cases: FinMin report

🕔19:12, 5.Apr 2021

New Delhi, April 5  As the country witnesses a rapid resurgence of coronavirus cases, a Finance Ministry report has exuded confidence in the Indian economy and termed the economic recovery as resilient citing improvement in high frequency indicators. The Monthly

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Economic recovery reduces risk of sharp deterioration in PSBs’ asset quality

Economic recovery reduces risk of sharp deterioration in PSBs’ asset quality

🕔16:44, 11.Feb 2021

New Delhi, Feb 11  India’s 2021 economic recovery reduces the likelihood of a sharp deterioration in asset quality at the country’s public sector banks, said Moody’s Investors Service in a report. However, the ratings agency said banks’ capitalisation will remain

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Tech key to exploring new frontiers of economic recovery: Nadella

Tech key to exploring new frontiers of economic recovery: Nadella

🕔15:42, 12.Dec 2020

New Delhi, Dec 12 Microsoft’s Chief Executive Officer Satya Nadella on Saturday said that despite the constraint caused by the pandemic, digital technology is being adopted to scale core resilience, not only for future transformation but for business continuity. Addressing the

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Accelerated Recovery: RBI to maintain accommodative stance, rates

Accelerated Recovery: RBI to maintain accommodative stance, rates

🕔07:08, 2.Dec 2020

New Delhi/Mumbai, Dec 2  Faster-than-anticipated economic recovery during Q2FY21 along with healthy macro-economic data points will persuade the Reserve Bank of India to maintain the growth-boosting accommodative stance in the upcoming monetary policy review. On the other hand, persistently high

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Canada unveils new financial assistance plan for economic recovery

Canada unveils new financial assistance plan for economic recovery

🕔13:31, 21.Aug 2020

Ottawa, Aug 21  The Canadian government has announced a new financial assistance plan for the recovery of the country’s coronavirus-hit economy. At a news conference in Ottawa on Thursday, Deputy Prime Minister and Finance Minister Chrystia Freeland, along with Employment

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Essar Ports handles 11 mn tonne cargo in Q1, sees revival signs

Essar Ports handles 11 mn tonne cargo in Q1, sees revival signs

🕔07:57, 8.Jul 2020

New Delhi, July 8  Essar Ports on Tuesday said that it handled 11.23 million tonnes of cargo in the April-June quarter, with 75 per cent growth in June compared to April. According to the company, the growth in cargo handling

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