Covid impact on economy

<!-- -->IMF's Gita Gopinath has said that advanced economies will recover from Covid impact by 2024Davos: Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been…

<!-- -->Indian economy may take 12 years to overcome Covid related losses, RBI has saidMumbai (Maharashtra): The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the…

<!-- -->IMF has said rising debts by businesses could slow down recovery process of global economiesDebt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned…

<!-- -->Rise in tax collections is a sign of economic recovery and growthIndia has recorded a record revenue collection of Rs 27.07 lakh crore in 2021-22, which is around Rs 5 lakh crore above the budgetary estimates of Union Budget…

<!-- -->Tax revenues in 2021-22 exceeded Union Budget's estimates by Rs 5 lakh croreTax revenues in 2021-22 exceeded Union Budget's estimates by Rs 5 lakh crore, Revenue Secretary Tarun Bajaj said on Friday.Against the Union Budget…

<!-- -->Niti Aayog Vice Chairman Rajiv Kumar has said India is moving towards a major economic recoveryNew Delhi: India is on the cusp of a major economic recovery and talks of possible stagflation are "overhyped" as a strong economic…

<!-- -->Collateral free loans have been given to small businesses under emergency credit line guarantee schemeAs many as 117.87 lakh businesses have been provided 100 per cent guaranteed collateral free loans under the emergency…

<!-- -->A Parliamentary panel has cautioned that a lag impact of pandemic may fuel bad loansNew Delhi: Asking the government to refrain from showing "any early euphoria" on reduction in non performing assets (NPAs) of banks, a…

<!-- -->GDP growth stood at 5.4 per cent in December quarter of current fiscalIndia's gross domestic product (GDP) grew by 5.4 per cent in the December quarter of the current fiscal (2021-22), lower than 8.4 per cent growth seen in…

<!-- -->RBI deputy governor Michael Patra said GDP will be Just 1 per cent above pre-pandemic level In 2021-22Mumbai: India's gross domestic product (GDP) will be just one per cent above the pre-pandemic level even after the estimated…