Page 8 - Devendra Pant News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The annual budget was focused on big-ticket infrastructure spending but lacked measures to spur consumption.

Repeal of controversial plans to open up agriculture markets has not halted the rest of the Indian government's economic liberalisation plan

Investment recovery unlikely without consumption revival: Devendra Pant, India Ratings SECTIONS Last Updated: May 28, 2021, 01:14 PM IST Share Synopsis "The growth number looks to be very difficult to predict as of now because more than any shock which economies can model with some extent of err, what we are struggling with right now and did last year is uncertainty." Agencies It is consumption revival which is very important because until and unless we have consumption revival, it is unlikely that we have a broadbased investment recovery in the economy, said India Ratings & Research on ET N...

India expects tax collection growth to continue despite surge in COVID-19 cases SECTIONS Last Updated: Apr 13, 2021, 02:28 PM IST Share Synopsis Some business leaders have expressed concerns over the lockdowns by many states after a surge in infections, fearing that it could hit consumer demand and sales as well as tax collections. Agencies Goods and services tax receipts were down 8% in the 2020/21 fiscal year compared to the previous period because of a reduction in economic activities after the COVID-19 outbreak, the Central Board said. The growth in India's tax collections will continue d...

Sensex, Rupee slip amid pandemic fears as inflation surges in March Updated: Updated: April 12, 2021 21:37 IST Household goods and services inflation hit a 10-month high while recreation and amusement services touched a 9-month high. Share Article File image. Photo used for representation purpose only.   | Photo Credit: REUTERS Household goods and services inflation hit a 10-month high while recreation and amusement services touched a 9-month high. The BSE Sensex tanked 1708 points or 3.44% driven by the fear of fresh pandemic effects, taking the Rupee past the ₹75 mark against the dollar...