CICSE says reviewing situation, will soon decide on conducting class 10,12 board exams
The CICSE announcement comes following the CBSE#39;s decision to cancel class 10 exams and postpone class 12 papers in view of the surge in COVID-19 cases.
Posted on 14 April 2021 | 8:13 pm
Bharti Airtel rejigs corporate structure to sharpen focus on digital
The new structure involves Airtel Digital Limited folding into the listed entity Bharti Airtel.
Posted on 14 April 2021 | 8:06 pm
UK PM Boris Johnson reduces length of India trip over COVID-19 situation in the country
"We#39;ve been in close contact with the Indian government about the PM#39;s upcoming visit in light of the COVID situation in India. As a result of these discussions the prime minister has made the decision to reduce the length of the visit," he told reporters.
Posted on 14 April 2021 | 7:45 pm
Denmark becomes first country in EU to drop AstraZeneca vaccine over suspected side effects
Despite recommendations from the World Health Organization and European medicines watchdog to continue using the inoculation, "Denmark#39;s vaccination campaign will go ahead without the AstraZeneca vaccine," Health Authority director Soren Brostrom told a press conference.
Posted on 14 April 2021 | 7:42 pm
Elderly show similar antibody response to first dose of AstraZeneca, Pfizer COVID-19 shots: UK study
The UK study also found that a critical component of the immune system known as T cells showed a more enhanced response in those who got the AstraZeneca/Oxford University vaccine than in those who got the Pfizer/BioNTech one.
Posted on 14 April 2021 | 7:20 pm
Lockdown to have deep impact on Maharashtra economy: Industry bodies
The Maharashtra government on Tuesday announced a 15-day statewide curfew from Wednesday amid the spike in coronavirus cases in the state. The curfew, which exempts essential services, will come into effect from 8 pm on Wednesday.
Posted on 14 April 2021 | 7:18 pm
Government fast tracks approvals for Remdesivir capacity expansion; firms commit to cut price
The current total installed capacity of the seven manufacturers of Remdesivir is 38.80 lakh vials per month.
Posted on 14 April 2021 | 7:12 pm
Mangalam Cement Q4 PAT seen up 75.1% YoY to Rs 27 cr: Sharekhan
Net Sales are expected to increase by 17.3 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs 348 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:03 pm
Maharashtra to study CBSE#39;s decision to cancel Class 10 exam, says Varsha Gaikwad
The Central Board of Secondary Education (CBSE) on Wednesday cancelled Class 10 exams and postponed Class 12 exams in view of the surge in COVID-19 cases. The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi.
Posted on 14 April 2021 | 7:03 pm
India Cements Q4 PAT to Rs 65 cr: Sharekhan
Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:00 pm
Dalmia Bharat Q4 PAT seen up 277% YoY to Rs 268 cr: Sharekhan
Net Sales are expected to increase by 31.1 percent Y-o-Y (up 14 percent Q-o-Q) to Rs 3,256 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:00 pm
JK Lakshmi Cement Q4 PAT seen up 1.4% YoY to Rs 102 cr: Sharekhan
Net Sales are expected to increase by 21.2 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs 1,287 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
The Ramco Cements Q4 PAT seen up 87.6% YoY to Rs 274 cr: Sharekhan
Net Sales are expected to increase by 22.5 percent Y-o-Y (up 27.2 percent Q-o-Q) to Rs 1,703 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
Shree Cement Q4 PAT seen up 18.3% YoY to Rs 696 cr: Sharekhan
Net Sales are expected to increase by 20.1 percent Y-o-Y (up 16.7 percent Q-o-Q) to Rs 3,863 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
UltraTech Q4 PAT seen up 50.4% YoY to Rs 1,659 cr: Sharekhan
Net Sales are expected to increase by 32.1 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs 13,684 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:48 pm
Govt not going for lockdowns in big way, says Nirmala Sitharaman amid COVID wave
In a virtual meeting with World Bank Group President David Malpass, Sitharaman appreciated the initiatives of the international financial institution to increase the lending space for India to enhance availability of finance for development.
Posted on 14 April 2021 | 8:02 am
Macro Minutes Podcast | The economic impact of second Covid #39;surge#39; will not be as large as the first one: Chief Economic Advisor
Speaking on the latest episode of “Moneycontrol Macro Minutes� podcast, Subramanian said that the government had been deliberately conservative in its forecasts for the current financial year. While not ruling out an economic intervention like last year should the need arise, Subramanian said any further measures announced would likely be on the fiscal support and capital expenditure side.
Posted on 13 April 2021 | 8:26 pm
2020-21 indirect tax collections beat revised estimates by 8%: CBIC Chief
Out of the total provisional indirect tax collections, custom duty collections came in at Rs 1.32 lakh crore, excise and service tax collections came at Rs 3.91 lakh crore, while the net GST collection for the centre stood at Rs 5.48 lakh crore.
Posted on 13 April 2021 | 12:18 pm
India#39;s economic fallout from second virus wave may be limited: Barclays
India racked up the world’s highest daily tally of coronavirus infections with 168,912 new cases on Monday, overtaking Brazil as the second-most affected country by the pandemic and causing a plunge in Indian stocks and the rupee.
Posted on 12 April 2021 | 5:40 pm
Innovative India must capture all segments of financial market to fuel growth: IMF
.“The goal is to have an economy and a financial system that can absorb shocks. ..Balance sheets can be better managed, Non-Performing Loans (NPLs) can be better managed,� Tobias Adrian, Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF) told PTI in an interview.
Posted on 12 April 2021 | 11:43 am
Macro Minute | If current Covid wave persists, path to recovery will be more reluctant: RBL Bank’s Rajni Thakur
In this episode of Moneycontrol Macro Minutes, RBL Bank’s Chief Economist Rajni Thakur talks to Arup Roychoudhury on India’s economic outlook for 2021-22 amidst a surge in Covid-19 cases
Posted on 9 April 2021 | 8:00 pm
Direct tax collections in FY21 at Rs 9.45 lakh crore, higher than revised estimates: CBDT
Out of the total provisional net direct tax collections, around Rs 4.57 lakh crore have been garnered in corporate taxes, Rs 4.71 lakh crore in income tax, and around Rs 17,000 crore in Securities Transaction Tax. Mody said the net direct tax collections were 10 per cent lower than 2019-20.
Posted on 9 April 2021 | 12:17 pm
World food price index rises in March for 10th month running: FAO
The Food and Agriculture Organization#39;s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 118.5 points last month versus a slightly revised 116.1 in February.
Posted on 8 April 2021 | 4:55 pm
A bold policy by RBI for uncertain times; makes sense to remain invested in this bull market
This dovish policy by the RBI came at the right time since concerns about the second wave of the coronavirus outbreak are mounting.
Posted on 8 April 2021 | 2:47 pm
Post RBI policy, markets likely look towards CPI inflation demand in government auctions: Rupen Rajguru of Julius Baer
The key focus of the central bank on the liquidity front over the last year has been to ensure that the government#39;s borrowing program goes through without causing disruption.
Posted on 8 April 2021 | 1:47 pm
Tax planning: Check latest changes made in ITR forms
Earlier, dividend income up to Rs 10 lakh was exempt from tax under Section 10(34). Taxpayers were required to show such income under the exempt income section.
Posted on 8 April 2021 | 10:35 am
COVID-19 impact | India#39;s debt-to-GDP ratio increases from 74% to 90%: IMF
Paolo Mauro, Deputy Director, IMF#39;s Fiscal Affairs Department told reporters at a news conference here on Wednesday, "In the case of India, the debt ratio at the end of 2019, prior to the pandemic, was 74 per cent of Gross Domestic Product (GDP), and at the end of 2020, it is almost 90 per cent of GDP.
Posted on 8 April 2021 | 8:27 am
Faster global growth driven primarily by US, China and India: World Bank president David Malpass
He said here is also the concern of inequality in terms of vaccinations and median income that#39;s not going up very fast for some countries.
Posted on 8 April 2021 | 8:22 am
China to contribute more than one-fifth of increase in global GDP: Report
The IMF report predicted that the US will be the second biggest contributor to global growth, followed by India, Japan and Germany.
Posted on 7 April 2021 | 4:04 pm
Banks sanction Rs 15 lakh crore under Mudra Yojana in last 6 years
Pradhan Mantri MUDRA Yojana (PMMY) was launched by Prime Minister Narendra Modi on April 8, 2015 to promote entrepreneurship.
Posted on 7 April 2021 | 2:51 pm
CICSE says reviewing situation, will soon decide on conducting class 10,12 board exams
The CICSE announcement comes following the CBSE#39;s decision to cancel class 10 exams and postpone class 12 papers in view of the surge in COVID-19 cases.
Posted on 14 April 2021 | 8:13 pm
Bharti Airtel rejigs corporate structure to sharpen focus on digital
The new structure involves Airtel Digital Limited folding into the listed entity Bharti Airtel.
Posted on 14 April 2021 | 8:06 pm
UK PM Boris Johnson reduces length of India trip over COVID-19 situation in the country
"We#39;ve been in close contact with the Indian government about the PM#39;s upcoming visit in light of the COVID situation in India. As a result of these discussions the prime minister has made the decision to reduce the length of the visit," he told reporters.
Posted on 14 April 2021 | 7:45 pm
Denmark becomes first country in EU to drop AstraZeneca vaccine over suspected side effects
Despite recommendations from the World Health Organization and European medicines watchdog to continue using the inoculation, "Denmark#39;s vaccination campaign will go ahead without the AstraZeneca vaccine," Health Authority director Soren Brostrom told a press conference.
Posted on 14 April 2021 | 7:42 pm
Elderly show similar antibody response to first dose of AstraZeneca, Pfizer COVID-19 shots: UK study
The UK study also found that a critical component of the immune system known as T cells showed a more enhanced response in those who got the AstraZeneca/Oxford University vaccine than in those who got the Pfizer/BioNTech one.
Posted on 14 April 2021 | 7:20 pm
Lockdown to have deep impact on Maharashtra economy: Industry bodies
The Maharashtra government on Tuesday announced a 15-day statewide curfew from Wednesday amid the spike in coronavirus cases in the state. The curfew, which exempts essential services, will come into effect from 8 pm on Wednesday.
Posted on 14 April 2021 | 7:18 pm
Government fast tracks approvals for Remdesivir capacity expansion; firms commit to cut price
The current total installed capacity of the seven manufacturers of Remdesivir is 38.80 lakh vials per month.
Posted on 14 April 2021 | 7:12 pm
Mangalam Cement Q4 PAT seen up 75.1% YoY to Rs 27 cr: Sharekhan
Net Sales are expected to increase by 17.3 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs 348 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:03 pm
Maharashtra to study CBSE#39;s decision to cancel Class 10 exam, says Varsha Gaikwad
The Central Board of Secondary Education (CBSE) on Wednesday cancelled Class 10 exams and postponed Class 12 exams in view of the surge in COVID-19 cases. The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi.
Posted on 14 April 2021 | 7:03 pm
India Cements Q4 PAT to Rs 65 cr: Sharekhan
Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:00 pm
Dalmia Bharat Q4 PAT seen up 277% YoY to Rs 268 cr: Sharekhan
Net Sales are expected to increase by 31.1 percent Y-o-Y (up 14 percent Q-o-Q) to Rs 3,256 crore, according to Sharekhan.
Posted on 14 April 2021 | 7:00 pm
JK Lakshmi Cement Q4 PAT seen up 1.4% YoY to Rs 102 cr: Sharekhan
Net Sales are expected to increase by 21.2 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs 1,287 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
The Ramco Cements Q4 PAT seen up 87.6% YoY to Rs 274 cr: Sharekhan
Net Sales are expected to increase by 22.5 percent Y-o-Y (up 27.2 percent Q-o-Q) to Rs 1,703 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
Shree Cement Q4 PAT seen up 18.3% YoY to Rs 696 cr: Sharekhan
Net Sales are expected to increase by 20.1 percent Y-o-Y (up 16.7 percent Q-o-Q) to Rs 3,863 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:49 pm
UltraTech Q4 PAT seen up 50.4% YoY to Rs 1,659 cr: Sharekhan
Net Sales are expected to increase by 32.1 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs 13,684 crore, according to Sharekhan.
Posted on 14 April 2021 | 6:48 pm
Bharti Airtel rejigs corporate structure to sharpen focus on digital
The new structure involves Airtel Digital Limited folding into the listed entity Bharti Airtel.
Posted on 14 April 2021 | 8:06 pm
Lockdown to have deep impact on Maharashtra economy: Industry bodies
The Maharashtra government on Tuesday announced a 15-day statewide curfew from Wednesday amid the spike in coronavirus cases in the state. The curfew, which exempts essential services, will come into effect from 8 pm on Wednesday.
Posted on 14 April 2021 | 7:18 pm
Government fast tracks approvals for Remdesivir capacity expansion; firms commit to cut price
The current total installed capacity of the seven manufacturers of Remdesivir is 38.80 lakh vials per month.
Posted on 14 April 2021 | 7:12 pm
Dr Reddy#39;s says it will be importing Sputnik V vaccine from Russia during first quarter of FY22
Dr Reddy#39;s as per its licensing agreement with can produce up to 250 million doses of the Sputnik V vaccine, the deal allows to expand the volumes by mutual consent.
Posted on 14 April 2021 | 6:34 pm
Future Wise | How will the second wave of COVID-19 affect your employment?
In this episode of Future Wise, Moneycontrol#39;s M Saraswathy talks to Aditya Narayan Mishra, CEO, CIEL HR Services to find out the impact of the COVID-19 case surge on jobs.
Posted on 14 April 2021 | 5:42 pm
Dr Reddy#39;s working on stability data on 2 to 8 degrees temperature range for Sputnik V vaccine
The doses will be kept outside for 15-20 minutes before being administered to the people.
Posted on 14 April 2021 | 5:35 pm
Confusion over Maharashtra lockdown guidelines; are auto units allowed to remain operational?
Maharashtra, by far the State worst affected by the Covid outbreak, has imposed these restrictions to contain the rapidly proliferating coronavirus at a time when the automotive sector is witnessing robust demand. The curbs are likely to impact production, leading to extended waiting periods for customers.
Posted on 14 April 2021 | 4:51 pm
Ramping production of Remdesivir to meet demand: Pharma firms
A Zydus Cadila spokesperson said, "The current spike in COVID-19 cases has led to a higher demand of Remdesivir. We are currently producing Remdesivir at three of our facilities. To cater to the demand we have ramped up our production from the earlier 5-6 lakh vials a month to 10-12 lakh vials a month, which we will scale towards 20 lakh vials a month.�
Posted on 14 April 2021 | 4:50 pm
Senior executives in India Inc to get 6% pay hike in 2021, says Aon survey
The sum of variable pay and LTI as a percentage of total compensation is 52 percent of CEOs in India compared to 87 percent for CEOs in the US.
Posted on 14 April 2021 | 1:50 pm
COVID-19 restrictions extremely worrisome, says FICCI President Uday Shankar
Restrictions imposed by states will hurt (businesses), Ficci president Uday Shankar said.
Posted on 14 April 2021 | 1:50 pm
Moderate recovery in hiring across cities, says Monster Employment Index
The overall data indicate that the employment index saw a slight decline in job posting activity in March 2021, with a 2 percent drop compared to the previous month, February 2021.
Posted on 14 April 2021 | 1:49 pm
Maharashtra COVID-19 restrictions: White goods output to halt in peak season; confusion over exports
New restrictions in the state bar all non-essential manufacturing, which means makers of white goods cannot supply fans, air conditioners and refrigerators in the peak summer season
Posted on 14 April 2021 | 12:47 pm
Maharashtra COVID-19 curbs: Industrialists welcome #39;balanced#39; norms but urge CM to rethink e-commerce restriction
The RPG Group chairman Harsh Goenka urged businessmen to be "considerate towards their employees and protect their interests."
Posted on 14 April 2021 | 12:44 pm
Is the Indian two-wheeler industry heading towards a new disruption?
Established two-wheeler makers have been slow to invest in electric vehicles, while new entrants have moved quickly. With the government keen on EVs, the two-wheeler industry is all set to face a fresh disruption.
Posted on 14 April 2021 | 9:25 am
COVID-19 | 50 million doses of Sputnik V vaccine to be available every month by summer: RDIF
CEO of RDIF Kirill Dmitriev has said the fund is in discussion with companies in India to manufacture the Sputnik V vaccine.
Posted on 13 April 2021 | 8:17 pm
