Wickremesinghe, now his party's lone MP in Parliament, was sworn in once more as PM Thursday. Move seen as attempt to end protests, restore country's international credibility.
In the latest edition of ThePrint 'Off The Cuff', Gita Gopinath, Chief Economist of the International Monetary Fund (IMF), was in conversation with our...
IMF says much of the downgrade was due to slower growth in India, which is now forecast to expand 9.5% this year, and South East Asia, where the virus continues to wreak havoc.
Steep jump in medium-term growth rates, of the kind projected, needs strong private & govt investment, domestic demand & exports. Govt has bet on growth in own investment, while exports are doing well.
Demand for steel is expected to surge 17% to 110 mn tonnes this financial year due to rising power consumption & mining activity, and higher tractor & passenger vehicles sales.
IMF spokesperson Gerry Rice said it sees speeding vaccination campaign, providing fiscal resources to the health sector and social support as immediate policy priorities for India.
While capital controls may be useful in maintaining financial stability, Indian experience suggests IMF should focus on yardsticks of transparency, rule of law.
In its latest assessment, IMF warned of significant downside risks and economic scarring as labor market participation falls with the most vulnerable likely to be the hardest hit.
IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.
The National Policy on Archaeological Excavation and Explorations, which was approved in 2015, mentioned the need for problem-oriented, long-term research projects covering various time periods.
Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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