India’s Covid crisis has exposed a little-discussed vulnerability for companies that have spent decades outsourcing functions to the country.
One reason for the diverging trend is that rice is grown mainly for human consumption, whereas the surge in crop prices has been driven by booming demand for livestock feed.
Dogecoin, greatly supported by Tesla CEO Elon Musk, now has a market value of more than $85 billion, after hitting an all-time high price of $0.69 (69 cents) a coin Wednesday.
The IMF hailed recent announcements by several countries to provide immediate support to India, and said that it is redoubling efforts to foster global collaboration.
From easing loan repayment rules for sectors badly hit by the pandemic to maintaining 'accommodative' stance, a look at what RBI can consider to ease the Covid’s hit to the economy.
The question is a fair one, considering the risky asset class in a country struggling with its most horrific calamity since its violent partition & independence nearly 75 years ago.
The US relies heavily on India to stock its medicine cabinets, and any slowdown in output could leave pharmacies short of drugs used regularly by millions of Americans.
According to the statement, the extent of respective shareholding to be divested by govt & LIC will be decided at the time of structuring of transaction in consultation with RBI.
A Rs 50,000-crore window for healthcare sector, loan repayment relief for individuals and small firms, and a relief from updating KYC are some of the measures announced.
The US-based rating agency in March had expected an 11% GDP growth forecast for India for April 2021-March 2022 fiscal on account of a fast economic reopening and fiscal stimulus.