Search For "second wave of covid 19 infections"
Cigarette volume rebound to pre-pandemic levels unlikely this fiscal: Cris
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): After declining 13 to 15 per cent last fiscal, cigarette sales volume is set to rise 7 to 9 per cent to 83 to 85 billion sticks this fiscal, driven by recovery in out-of-home consumption, limited price hikes and a lower-base effect.
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Second wave to fray apparel retail growth, profitability: Crisil
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Temporary store closures, restricted mobility and curtailed discretionary spending due to second wave of Covid-19 infections are set to pull down revenue growth of organised apparel retail sector to 15 to 20 per cent this fiscal, according to Cris
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Second wave clogs rebound route for travel operators: Crisil
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): The tours and travel industry which was beginning to recover before the second wave of Covid-19 infections began will now see revenue this fiscal reaching only 35 to 40 per cent of the pre-pandemic levels, Crisil Ratings said on Wednesday.
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With phased unlocking under way, GDP growth projected at 8.5 pc in FY22: I
Updated : 4 years, 11 months ago IST
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
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ICRA pegs GST compensation of Rs 2.65 lakh crore for states
Updated : 4 years, 12 months ago IST
New Delhi [India], May 28 (ANI): Projecting the FY22 state GST (SGST) collections of all states at Rs 6.1 lakh crore, rating agency ICRA expects a large GST compensation requirement of Rs 2.65 lakh crore for the current year.
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Slackening economic momentum to limit discretionary purchases: ICRA
Updated : 5 years ago IST
New Delhi [India], May 22 (ANI): Slackening economic momentum driven by the second wave of Covid-19 infections in India has emerged as a concern with bruised sentiment, high healthcare costs and fuel expenses likely to limit discretionary purchases in the immediate term, rating agency ICR
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Survey shows 48 pc people do not know government helpline number for COVID
Updated : 5 years ago IST
New Delhi [India], May 1 (ANI): As the country continues its battle against the second wave of COVID-19 infections, a new survey has shown that 48 per cent of people do not know the government helpline number 1075 in case of any visible symptoms of COVID-19.
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Taiwan to send oxygen concentrators to India this week to help combat COVI
Updated : 5 years ago IST
Taipei [Taiwan], April 29 (ANI): Taiwan has promised to send a batch of oxygen concentrators and other medical supplies to India in the next few days to help it battle a devastating second wave of COVID-19 infections, according to a senior government official.
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India's second COVID wave heightens downside risks to GDP, credit
Updated : 5 years ago IST
Hong Kong, April 28 (ANI): India's escalating second wave of COVID-19 infections poses downside risks to GDP and heightens the possibility of business disruptions, S&P Global Ratings said on Wednesday.
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Ind-Ra revises FY22 GDP growth forecast to 10.1 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
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Sensex nosedives 883 points as second wave of Covid intensifies
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 19 (ANI): Equity benchmark indices nosedived on Monday as a strong second wave of Covid-19 infections cast a shadow over economic growth and corporate earnings outlook.
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Second Covid-19 wave heightens risks for Indian banks: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), Apr 9 (ANI): India's second wave of Covid-19 infections poses increased risks for India's fragile economic recovery and its banks, Fitch Ratings said on Friday.
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