Targeted Covid relief led to India’s revival without going into recession: FM
FM said that the targeted approach followed in India not only helped revival of the economy but also ensured that the economy did not drift towards recession.
FM said that the targeted approach followed in India not only helped revival of the economy but also ensured that the economy did not drift towards recession.
In FY22, overall employee headcount grew by 84% YoY, led by operations & logistics, sales & marketing, and tech sectors, says a payroll insight report by RazorpayX.
Kiran Mazumdar-Shaw, the Biocon chief, feels hospitalisation and not infection count matters in the fight against Coronavirus.
While the Reserve Bank of India kept policy rates and its accommodative stance unchanged, additional monetary measures have been brought in to fight the second wave of Covid-19.
Indians have always trusted personal networks and connections more than public goods and governance. Covid-19 should shake that belief.
The second wave of Covid-19 is a moment of truth for India’s rich, and upwardly mobile middle classes.
The recent surge in Covid-19 infections, the central bank says, adds uncertainty to the outlook on domestic growth as restrictions could dampen demand improvement and delay the return of normalcy.
The Covid-19 disruption has ignited a new era of value-based customer-centric banking. It has also given rise to platform and data-driven approaches, signalling a radical change in retail banking.
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.