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Rates will likely remain on hold in calendar year 2021 and even beyond that: Devendra Pant, India Ratings

Rates will likely remain on hold in calendar year 2021 and even beyond that: Devendra Pant, India Ratings
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Investment recovery unlikely without consumption revival: Devendra Pant, India Ratings

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 Now s India Development Debate. Edited excerpts:

India expects tax collection growth to continue despite surge in COVID-19 cases

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 despite concerns that economic activity could fall because of a second wave of COVID-19 infections this month, a finance ministry official said on Tuesday.

India expects tax collections to grow despite surge in Covid-19 cases: Report

India expects tax collections to grow despite surge in Covid-19 cases: Report
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

Sensex, Rupee slip amid pandemic fears as inflation surges in March

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 on a manic Monday for the economy, even as inflation surged further in March and industrial output collapsed sharply in February as per official data.

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