Clipped from: https://www.businesstoday.in/current/economy-politics/bitcoin-jumps-14-after-elon-musk-tags-cryptocurrency-in-twitter-bio/story/429551.html Tesla CEO Elon Musk wrote simply ‘#bitcoin’ in his biography on the social media site. The world’s biggest cryptocurrency was up 10.2% at
Day: January 29, 2021
Budget 2021: Enact measures that encourage citizens to purchase medical insurance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/budget-2021-enact-measures-that-encourage-citizens-to-purchase-medical-insurance/articleshow/80515815.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The combination of increased budgetary allocation, ease of GST regulations and a commitment by citizens to invest in insurance will position India’s healthcare
India’s 11.5% projected growth in FY22 will be largely mechanical: Gita Gopinath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-11-5-projected-growth-in-fy22-will-be-largely-mechanical-gita-gopinath/articleshow/80516967.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Days ahead of the Budget, Gopinath suggested that India continue its direct cash support schemes to the poor in 2021, including the expanded
IndiGo reports Q3 loss of Rs 620 cr, revenue drops 51% YoY to Rs 4,910 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/indigo-reports-q3-loss-of-rs-620-cr-revenue-drops-51-yoy-to-rs-4-910-cr-121012801095_1.html The pre-tax loss came in at Rs 623.1 crore for the quarter under review, compared with pre-tax profit of Rs 556.5 crore clocked
State Bank of India asset quality remains healthy: Chairman Khara | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/state-bank-of-india-asset-quality-remains-healthy-chairman-khara-121012800864_1.html The faster-than-expected economic recovery may limit the impact to lenders’ balance sheets, Khara said The asset quality situation at State Bank of India
India’s gold demand hits 25-yr low in 2020 amid lockdowns, high prices: WGC | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/india-s-gold-demand-hits-25-yr-low-in-2020-amid-lockdowns-high-prices-wgc-121012800661_1.html Easing of lockdown restrictions, festive period and the ensuing wedding season, however, revived demand hope and drew in jewellery demand worth 137.3 tonnes
India’s real estate market sentiment at three-year high, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-s-real-estate-market-sentiment-at-three-year-high-shows-data-121012800078_1.html The current sentiments are in the positive zone boosted by pick up in demand for both residential units and office space Buoyed on
Aditya Birla Fashion buys 51% stake in luxury designer brand Sabyasachi | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/aditya-birla-fashion-buys-51-stake-in-luxury-designer-brand-sabyasachi-121012701507_1.html Founded by Sabyasachi Mukherjee, the “Sabyasachi” brand is India’s largest and most influential luxury designer brand with strong Indian roots and global appeal
Will take up to a year before pvt sector opens purse to capex: L&T chief | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/will-take-up-to-a-year-before-pvt-sector-opens-purse-to-capex-l-t-chief-121012600620_1.html The firm’s MD & CEO, S N Subrahmanyan, says L&T has reached pre-covid levels and aims to become debt free Despite a slowing
Commercial power demand pick-up to take 6 months: Tata Power DDL CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/commercial-power-demand-pick-up-to-take-6-months-tata-power-ddl-ceo-121012500308_1.html “Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and
20% remained without work six months after losing jobs to lockdown: study | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/20-remained-without-work-six-months-after-losing-jobs-to-lockdown-study-121012701348_1.html Findings are of second round of survey by Azim Premji University; 2,778 respondents from first round were re-interviewed across 12 states to gauge
FM Sitharaman’s FY22 Budget will be a conjurer’s illusion: Chidambaram | Deccan Herald
Clipped from: https://www.deccanherald.com/national/national-politics/fm-sitharamans-fy22-budget-will-be-a-conjurers-illusion-chidambaram-944328.html The opposition party demanded a large fiscal stimulus to the economy, asserting that such a step alone will put money in the hands
Better solutions for maternal health | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/better-solutions-for-maternal-health-944116.html Midwives and nurses have to be educated, recruited, and salaried; management expanded; drugs procured, and infrastructure paid for In the next two minutes,
What should we expect beyond populism? UNION BUDGET 2021-22: | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/union-budget-2021-22-what-should-we-expect-beyond-populism-943723.html Apart from loss of jobs, the pandemic has forced many people to move to lower paying jobs The annual Budget in India is
Manufacturing self-sufficiency is key | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/manufacturing-self-sufficiency-is-key-943725.html Technology adoption is critical today and the future will be about developing a more digitally connected world As India progresses on its journey
Finalise policy on rare diseases by March 31: High Court to Centre – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/finalise-policy-on-rare-diseases-by-march-31-high-court-to-centre/articleshow/80512042.cmsSynopsis Justice Singh said she was issuing the direction to finalise the policy and operationalise the digital platform by March 31 as an affidavit
What Indian industries want from the Modi govt’s February 1 Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/what-indian-industries-want-from-the-modi-govts-february-1-budget/articleshow/80496762.cmsSynopsis Corporates and industry lobby groups expect the government to announce greater spending on healthcare and infrastructure, as well as tax breaks for the
India’s rank slips to 86th in corruption perception index 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-rank-slips-to-86th-in-corruption-perception-index-2020/articleshow/80512814.cmsSynopsis The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and business people, uses
Insolvency and Bankruptcy Code resolution timeline averages 440 days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-resolution-timeline-averages-440-days/articleshow/80514065.cmsSynopsis An Alvarez & Marsal India report on Thursday called upon all IBC stakeholders to focus on improving efficiency to resolve cases in a
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