Page 6 - Devendra Kumar Pant News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Overseas investors withdraw record $5.4 bn from Indian equities; economists call for caution SECTIONS Share Synopsis Reserve Bank of India’s (RBI) monthly data showed that the outflows were due to repatriation or disinvestment. “This is a massive outflow in a single month and hence it needs to be monitored,” CARE Ratings chief economist Madan Sabnavis said. Related Kolkata: Long-term overseas investors have withdrawn a record $5.4 billion from Indian equities in February, raising concerns that a significant number of companies may also have offloaded their direct investments in the cou...

India’s 2021 monsoon rainfall will be normal, the India Meteorological Department predicted on Friday, stirring optimism among crop researchers and economists amid lingering uncertainty posed by the Covid-19 pandemic and its fallout. The quantum of monsoon rainfall during the June-September season is likely to be 98 per cent of the long-period average, the IMD said, forecasting a 40 per cent probability and a third straight year of normal rainfall. Meteorologists label rainfall in the range of 96 to 104 per cent as normal. Economists said good rainfall would help curb food inflation, boost ...

Normal monsoon to usher growth, douse inflation ​ By IANS | ​ 2 Views Growth chart. (File Photo: IANS). Image Source: IANS News New Delhi, April 16 : Predictions of a normal monsoon season brightened India's FY22 economic prospects amidst gloom induced by the resurgence of Covid cases. The prediction of a healthy to normal rainy season this year was released by the state-run and a private weather forecaster. Significantly, the IMD and Skymet have forecast that the monsoon rainfall will be 98 per cent and 103 per cent of the long period average (LPA), respectively. The predictions indica...

India's retail inflation marginally rose in March as the Consumer Price Index (CPI) increased to 5.52 per cent from 5.03 per cent in February.Data furnished by the National Statistical Office (NSO) showed that CPI Urban rose 0.26 per cent in ...

I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 Top Searches I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 PTI / Apr 9, 2021, 19:54 IST FacebookTwitterLinkedinEMail NEW DELHI: Income tax and corporate tax collections at Rs 9.45 lakh crore in the fiscal year ended March 31 exceeded the revised target by 5 per cent but were 10 per cent lower than the direct tax collections in the previous year, tax department head said on Friday. The government had projected Rs 13.19 lakh crore from direct taxes in the budget for 2020-21 pr...