Economy – Page 123 – India Daily Digital

GST Compensation: Union Govt Releses Further Rs 6K Crore

The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has

December 29, 2020

Business·Economy

RBI Points Towards Holding Inflation rate at 4%

India’s inflation target should be maintained at 4 per cent in the medium term, according to a working paper by the Reserve Bank of India (RBI). The paper, published by the RBI’s

December 29, 2020

Economy·India News

China Begins Probe On Jack Ma’s Ant Group

After China’s top market watchdog began investigation last week into alleged anti-competition practices by ecommerce giant Alibaba, media reported on Monday that the country has now laid out ‘rectification plan for the

December 29, 2020

Business·China·Economy·World News

India Inc Expects 2021 To Be A Good Year: Survey

A major outcome of COVID-19 is the likely shift in global supply chains away from China to other economies. Nearly 70 per cent of the survey participants said that India could benefit

December 28, 2020

Business·Economy·India News

India Govt Set To Siphon 5G Investments in 2021

As the world steps into a new decade, 2020 will be remembered as the most disruptive year in living memory. As the pandemic spread across the world, it was telecom networks and

December 28, 2020

Business·Economy

Steel Sector Regains Momentum In India: Report

Even before the start of the new year, the Indian steel sector has regained its lost shine registering a growth of 3.5 per cent in crude steel production in November. According to

December 28, 2020

Business·Economy

Holiday Sales: E-Com Witnesses Steep Growth In the US

Retail sales in the US rose three per cent during this year’s expanded holiday season, running from October 11 through December 24, while online sales in the country grew 49 per cent

December 27, 2020

Economy·USA

As the year ends, Rupee expects A Positive Trend

Consistent foreign fund inflows along with a Brexit trade deal will lead further appreciation in Indian Rupee as the currency ends 2020 on a high note. However, rupee has been a laggard

December 27, 2020

Business·Economy

Investment Into India Touches $22 Billion During Pandemic

The Covid-19 virus not only triggered a worldwide pandemic, but also opened the floodgates for investments in the country’s equity market. All in all, not only did the overall capitalisation of India’s

December 27, 2020

Business·Economy·India News

China To Probe Alibaba On Unfair Practices

“The State Administration of Market Supervision, based on reports, filed investigations into Alibaba Group Holdings Co., Ltd. for suspected monopolistic conduct such as ‘choose one out of two,'” the Chinese market watchdog

December 24, 2020

Business·China·Economy·World News

Economy - Page 123