Higher mobility scores in Hyderabad, Pune drives business resumption activity index to new high

The brokerage, however, said this is an "aberration" led by a sharp rise in Apple driving data, and masks an otherwise modest business resumption.

published on : 28th September 2021

Government appoints 10 merchant bankers including Goldman Sachs, Citigroup for managing LIC IPO

Other selected bankers include Nomura Financial Advisory, SBI Capital Market, JM Financial, Axis Capital, BofA Securities, JP Morgan India, ICICI Securities, and Kotak Mahindra Capital Co Ltd.

published on : 8th September 2021

New relief measures may push FY22 fiscal deficit closer to 7.5%: Experts

Recently in its presentation, the newly appointed CII president, and CEO and managing director of Tata Steel had argued that the government should not try to limit its fiscal deficit to 6.8%.

published on : 29th June 2021

Modi's vaccine policy review a volte-face, may lead to fiscal slippage: Nomura

The tab of vaccination for all the adults, coupled with the extension of the free food scheme till November, will entail an expenditure of up to Rs 1.05 lakh crore or 0.5 per cent of the GDP, Nomura s

published on : 9th June 2021

Protracted lockdowns drag business resumption

Nomura India Business Resumption Index slipped to 60 for the week ended May 23, down from 63 a week ago.

published on : 25th May 2021

Second COVID wave humanitarian crisis, not economic; likely to have peaked: Report

Highlighting that the improving global growth will act as a tailwind, the brokerage said it expects the current lockdowns to last six more weeks.

published on : 20th May 2021

Second Covid wave fallout: Business activity dips to last june levels due to lockdowns

The Nomura India Business Resumption Index fell sharply to 64.5 for the week ended May 9 from 69.7 a week ago. This is 35% below pre-pandemic levels. 

published on : 12th May 2021