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GDP grows 0.4% in Q3 after shrinking for two quarters, may fall in Q4: NSO

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Sat, Feb 27, 2021 01:08 AM

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Daily Newsletter 27 February 2021 | | | | | | LIVE MARKETS 49099.99 14529.15 GOLD 45671.00 SILVER 67

[Business-Standard]( Daily Newsletter 27 February 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 49099.99 (-1939.32) [NIFTY]( 14529.15 (-568.20) GOLD (MCX 10 GM) 45671.00 (-570.00) SILVER (MCX 1 KG) 67207.00 (-2069.00) USD ($) / INR(Rs) 72.30 (-0.08) Front Page [GDP grows 0.4% in Q3 after shrinking for two quarters, may fall in Q4: NSO]( Imputed Q4 GDP seen falling 1.1%; Services to catch up with mfg; Tall growth of 30% in govt spending needed; Investments better than expected, ... [5 assembly polls to begin Mar 27, WB to have 8 phases, counting on May 2]( As many as 186 million voters will be eligible to cast their votes at 270,000 polling stations for 824 assembly seats across Assam, West Bengal, ... [Premium Content][Covid vaccination: Hospitals await final word on price ahead of next phase]( Self-registration for the 60-plus group opens on March 1; service charge at private hospitals may be capped at Rs 100 per jab [Inflation range of 2-6% is appropriate for monetary policy: RBI report]( Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank [Airlines see 10-12% drop in bookings as states insist on Covid-19 test]( West Bengal joined Maharashtra and Karnataka in insisting on negative RT PCR tests for travellers from certain states, which has dampened ... [Sensex suffers its worst single-day fall in 10 months, crashes 3.8%]( The Sensex fell 1,939 points, or 3.80 per cent, to end at 49,100 -- its biggest loss since May 4 last year -- while the Nifty closed at 14,529, ... [Premium Content][Nestle shifts focus, bets big on rural as urban growth dwindles]( Company aims to reach 120,000 villages in three years, says FMCG market to double with in the decade [RBI extends deadline to apply for Umbrella entity on retail payments]( 34 consortiums working to file intent for NUE [Govt notifies 5-mn-user threshold for significant social media intermediary]( Facebook and Twitter said they are studying the rules; Experts question compliance with PDP Bill [PM Narendra Modi urges banks to lend to start-ups and MSMEs amid Covid-19]( Calls for effective participation of public sector in banking and insurance Companies [Premium Content][Draft norms for influencer advertising: What ASCI wants from social media]( Broadly, the ASCI has proposed rules for social media influencers who promote or run paid content without adequate disclosures [Premium Content][Seeking professional success: Harappa goes back to the drawing board]( Harappa offers 25 courses at a price of Rs 899 per course for newcomers [DGCA allows airlines to offer fare discount to customers with no baggage]( Aviation regulator DGCA on Friday allowed airlines to provide concessions in air fares to customers travelling with no check-in baggage. The ... [Premium Content][Brokers, wealth managers hate us and we are okay with that: Nikhil Kamath]( Last year, he and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 [» Read More Stories in Companies]( Economy & Policy [Fiscal deficit hits Rs 12.34 trillion at end of January, shows data]( The fiscal deficit at the end of January in the previous financial year was 128.5 per cent of the Revised Estimates (RE) [India's core industries output sees marginal 0.1% rise in January]( Growth in core sector output in January was lower than the 0.2 per cent expansion seen in December [GDP grows 0.4% in Q3: Pre-Covid times are here, says Finance Ministry]( However, the economy grew by a much higher rate of 3.1 per cent in the fourth quarter of 2019-20 [GDP data: From China to Italy, where India stands in global community]( India's was not the worst performer among large economies in the world [Premium Content][Q3 GDP numbers: Private sector investments will pick up soon, say experts]( Gross fixed capital formation (GFCF) contracted by 6.48 per cent in Q4FY20. It plunged in Q1FY21 before returning to earlier levels in Q2 [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [ABB Power Produc]( 1439.45 -11.14 [ACC]( 1732.95 -3.81 BSE TOP GAINERS Company Price (Rs) Change (%) [R C F]( 75.90 12.11 [South Ind.Bank]( 9.84 10.56 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [ABB Power Produc]( 1439.45 -11.14 [Shriram Trans.]( 1282.25 -7.09 [Premium Content][Higher bond yields in the US led to lower Nifty P/E, shows data]( Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of ... [Premium Content][Market sell-off brings back memories of the 2013 'taper tantrum']( In 2012, India had seen foreign portfolio investor (FPI) flows of Rs 1.3 trillion ($24.5 billion) and in 2013 about Rs 1.1 trillion ($20 [Premium Content][Market share gains in India, Europe positive for Endurance Technologies]( Consistent growth in the Indian two-wheeler and European car markets is key [Oil prices decline as dollar firms up; gold hits eight-month low]( Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45 [» Read More Stories in Markets]( Opinion [Premium Content][Poverty alleviation: Why India is not able do to what China has pulled off]( What should concern India is not just its loss of economic momentum, but also the fact that it is not outpacing countries not even remotely like ... [Premium Content][Shekhar Gupta: Indian judiciary and law of Habeas Porcus]( It's the prime responsibility of judiciary to ensure our liberty and habeas corpus is the usual route. But 'bail, not jail' is being murdered ... [Premium Content][A non-violent 'toolkit' for change]( Non-violent campaigns led to regime change more than twice as often - that is, 53 per cent of the time compared to 26 per cent for violent ... [Premium Content][Trifurcate the IAS to reform it]( The bureaucracy generally, and the IAS particularly, need deep reform, writes T C A Srinivasa-Raghavan [Premium Content][Planet X or a mirage?]( This theoretical planet could be taking between 10,000 and 20,000 Earth years for one full revolution around the Sun [» Read More Stories in Opinion]( Finance [Indian banks' loans rose 6.6% in two weeks to Feb 12: RBI data]( Deposits rose 11.8% [South Indian Bank to raise Rs 240 cr from life and general insurers]( Lender plans to raise another Rs 510 crore to supports its Vision 2024 [Premium Content][Video KYC: Private banks hit the ground the running, while PSBs lag]( Contactless identification could be a gamechanger in the post-Covid world [» Read More Stories in Finance]( Technology [IRCTC's AI-based initiative 'ASK DISHA' to help govt bodies answer queries]( The chatbot powered by artificial intelligence will enable those organisations to answer general queries of the customers and garner good will ... [India tab market returns to growth, logs 14.7% growth in 2020: IDC]( India tablet PC market recorded a 14.7 per cent year-on-year rise with 2.8 million unit shipments in 2020 - marking a year of growth after 4 ... [Micromax to bring in 5G phones at aggressive price points: Co-founder]( Micromax on Friday said it will significantly bolster its product portfolio this year [Twitter plans new tool to let users block, mute abusive accounts]( Twitter is planning a new tool to let users automatically block and mute abusive accounts. [» Read More Stories in Technology]( PF [Premium Content][Infra funds' performance will hinge on revival in private capex: Experts]( After the March 2020 market crash, all the major economies, including India, launched large monetary and fiscal stimulus packages to counter the ... [Premium Content][Beating the blues and glare of electronics to improve eye health as you WFH]( Extended use of mobile phones, laptops and television have impacted our eyes as we work, study and entertain at home; here are some tips to ... [Premium Content][Pay your family's insurance premiums and PPF contributions to save tax]( While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws don't apply [Tips on saving tax on the interest you earn on your savings bank account]( Interest earned on balances in savings accounts held with banks or post offices is taxable under "Income from other sources". Did you know that ... [» Read More Stories in PF]( Beyond Business [Premium Content][Tiger's cub]( A biography of Uddhav Thackeray does not explain the new trajectory of the Shiv Sena under a brand of leadership quite different from his ... [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. If you can not view this message, please click here | For unsubscribe click here If you do not wish to receive Business Standard e-mails in the future, please [click here](mailto:rm-===Xmxkb===E5===La===Q===F0a===Hk===Bam===B9a0===Q=@mailmx1.stakemail.com?subject=Unsubscribe&body=Unsubscribe me.) to unsubscribe

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