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What is the country's financial situation likely to be in the days ahead? Lokeshwarri S K of The Hindu BusinessLine shares her thoughts about what the Union Budget 2021 offers on these lines.
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Finance Minister Nirmala Sitharaman on February 1 proposed more than doubling of healthcare spending while imposing a new agri cess on certain imported goods and raising customs duty on items ranging from cotton to electronics in a bid to pull the economy out of the trough.
BusinessLine's Aarthi Krishnan gives a macroeconomic perspective of the Union Budget 2021-2022.
Union Finance Minister Nirmala Sitharaman has proposed to enhance the foreign direct investment (FDI) limit in insurance to 74 per cent along with relevant safeguards.
BusinessLine's Political Editor Poornima Joshi gives the political take of the Union Budget 2021-2022.
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Union Finance Minister Nirmala Sitharaman presented the Union Budget 2021-2022 on Monday (February 1, 2021). The Budget focused six pillar, including healthcare and infrastructure.
BusinessLine's Editor, Raghuvir Srinivasan, shares his thoughts.
Good Afternoon and Welcome to Quick look, i m your host -Siddharth
India's Union Budget 2020-21 will be presented on February 1.
According to the Economic Survey, The gross domestic product (GDP) contracted by a record 23.9 per cent in April-June and by 7.5 per cent in the second quarter.
For the full fiscal, the survey projected a contraction of 7.7 per cent and V-shaped recovery in the next.
GDP growth is seen expanding by 11 per cent in the 2021-22 fiscal (April 2021 to March 2022).
The budget is likely to be less worried about fiscal deficit and will be focused more on nursing the fragile growth, according to a Wall Street brokerage report.
Earlier last week on January 26, many of the farm law protestors, driving tractors, had stormed the Red Fort, with some of them hoisting religious flags on its domes and on the flagstaff at the ramparts.
Prime Minister Narendra Modi said on Sunday that the country was saddened by the "insult" to the Tricolour on Republic Day, referring to the religious flag incident at Red Fort during the farmers' tractor parade.
In his monthly 'Mann ki Baat' broadcast, Modi maintained that his government is committed to "modernising" farming and has been taking many steps.
For the signature look of the S21 series, Samsung has done quite a few things this time. They have a double-tone look for the S21 and S21 Plus which is very elegant and attractive. The S21 Ultra though doesn’t come with that look in India — for now.
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The Budget session stated with President Ram Nath Kovind addressing a Joint Sitting of the Parliament on Friday. In his address, he talked about a lot of issues but he placed emphasis on three topics - the Centre's Farm Laws and the protests surrounding them, the Covid-19 pandemic and the bitter border skirmishes with China. These issues are likely to dominate the current session. Nivedita V tells us more.
GameStop, a videogame and electronics retailer in the US, posted $470 million in losses in 2019. Then the covid pandemic struck, and it was forced to close its operations due to the lockdown. At that time, it announced it would close 300 locations permanently. Then the stock price was around $3.25.
Since then, the company's share price has increased gradually. In September, it rose touched $10 before falling marginally and rising again. On December 30, it was hovering around the $19-mark. before jumping to $65 on January 22. On Monday, it hit a high of $117, before falling. On Tuesday, the prices rose again and on Wednesday, the stock prices touched $372.
What led to this phenomenal rise in the company's stocks? Why are big hedge funds up in arms? Here's all you need to know.
Apple’s business in India has roughly doubled in the October-December 2020 quarter compared to a year ago, according to Apple CEO Tim Cook.
Cook, in response to questions related to India during the company’s Q1 2021 earnings call, said, “This is particularly the case in some of the emerging markets where we’re proud of how we’ve done... If you take India for example, we doubled our business last quarter compared to a year ago but our absolute level of business there is still quite low relative to the size of the opportunity.”
China's ByteDance is reducing the rise of its team in India and is unsure of when it would make a comeback.
This comes months after it was banned in the country.
What led to this situation?
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