In the run-up to Diwali, retailers saw a 55% jump in online sales from a year ago to $4.1 billion. Data also shows an increase in new vehicle registrations during October.
New measures include Atmanirbhar Bharat Rozgar Yojana and tripling allocation for PM’s housing scheme. India’s overall Covid economic package is Rs 30 lakh cr.
A combination of better-than-expected earnings, completion of US presidential voting & progress toward a Covid vaccine helped propel the Nifty 50 index to new highs this week.
India’s fiscal outlook is the grimmest in at least three decades, and the challenges probably without precedent. Every option to boost revenue comes with a price tag.
UK's latest curbs coupled with the prospect of a messy divorce from the EU threaten to worsen country's recovery from the sharpest recession in three centuries.
Speaking at a book launch, Das said India followed the fiscal expansion path to deal with Covid-related challenges and govt will have to spell out a fiscal roadmap post-Covid.
New cases per capita in Pakistan, Sri Lanka and Bangladesh are far lower than in India, making it easier for these economies to recover from the drop in GDP.
The dip in GDP, and ongoing stress in banking sector and households, will curb India’s medium-term growth potential, with experts predicting a slowdown to 6%.
Many 'independent' reports, intended to shape policies, are sponsored by industry groups or entities with deep pockets and vested interests. This process must become transparent.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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