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India's business risk environment deteriorates in January-March


New Delhi–The business risk environment in India deteriorated in the fourth quarter of FY 2021, according to a Quarterly Risk Transition Report by Rubix Data Sciences.
It noted that the Rubix GST Compliance Score of 2,292 business entities (22 per cent of the total number being monitored) deteriorated between Q3 FY 2021 and Q4 FY 2021.In the prior quarter, only 8 per cent of the business entities had witnessed a drop in their Rubix GST Compliance Score.
“This indicates a deterioration in the risk environment in India in Q4 FY 2021 compared with the prior quarter,” it said.
The report was prepared on the basis of 10,193 business entities from more than 35 sectors of the economy. ....

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Equity indices in red amid volatile trade, pharma companies gain


Trade in Asia-Pacific to bounce back in 2020
The key Indian equity indices traded in the negative territory on Wednesday morning a largely volatile trade. Around 10.26 a.m., Sensex was trading at 50,083.31, lower by 110.02 points or 0.22 per cent from its previous close of 50,193.33.
It opened at 50,088.81 and has so far touched an intra-day high of 50,279.01 and a low of 50,015.57. 
The Nifty50 on the National Stock Exchange was trading at 15,087.20, lower by 20.90 points or 0.14 per cent from its previous close. Heavy selling was witnessed in auto and banking stocks, however, gains in auto healthcare and power stocks restricted the losses.
Tech Mahindra, Sun Pharmaceutical Industries and UltraTech Cement were the top gainers on the Sensex, while the major losers were Mahindra & Mahindra, Bajaj Finserv and ONGC. ....

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India's business risk environment deteriorates in Jan-Mar: Report


India s business risk environment deteriorates in Jan-Mar: Report
Pixabay
The business risk environment in India deteriorated in the fourth quarter of FY 2021, according to a Quarterly Risk Transition Report by Rubix Data Sciences.
It noted that the Rubix GST Compliance Score of 2,292 business entities (22 per cent of the total number being monitored) deteriorated between Q3 FY 2021 and Q4 FY 2021.In the prior quarter, only 8 per cent of the business entities had witnessed a drop in their Rubix GST Compliance Score.
This indicates a deterioration in the risk environment in India in Q4 FY 2021 compared with the prior quarter, it said. ....

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