According to the World Bank, India’s economy has bounced back but it is not out of the woods yet.
The IMF is scheduled to release its World Economic Outlook on April 6.
An imbalanced steel market has the potential to arrest India’s booming growth and severely impact the downstream industries associated with the metal.
Moody's saw real GDP growth of 12 per cent in the 2021 calendar year, partially due to a low base-year comparison.
Former RBI Governor's remarks were in response to a query on whether he was in favour of reviewing the 2-6 per cent target band for inflation under the monetary policy framework.
Thakur said the country's foreign exchange reserves, which have been steadily increasing over the last few months, had touched all time high at USD 590 billion in January 2021.
Extreme automation is leading to massive job destruction globally. But can India escape this phenomenon through focused policy interventions such that, unlike in the past, GDP growth also leads to job creation?
The gross domestic product (GDP) had expanded by 3.3 per cent in the corresponding period of 2019-20, according to the data released by the National Statistical Office (NSO).
Globally, institutional investors own around 30 – 50% of operating infrastructure assets, while in India, such ownership is woefully low at less than 5%.
This was their first conversation after Joe Biden assumed office last month.
This projection of India's massive 11.5% growth rate by IMF has made it the only major economy that's likely to witness double-digit growth in 2021
In December 2020, sales of tractors grew by an impressive 42 per cent. The segment sold almost 18,000 more vehicles.
The Reserve Bank of India is positioning itself to provide an enabling environment where regulated entities are catalysed to exploit these new avenues, Das said.
With the protesting farmers staying put at the border point of the national capital for over six weeks now, many small businesses have sprung up at the site, the newest being sale of pro-protest badges and stickers.
For a better part of the session, the rupee remained under pressure due to stronger American currency against key rivals.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.26 per cent to 89.75.
‘In India, growth is expected to recover to 5.4 per cent in 2021,’ the World Bank said
Chief Minister Jai Ram Thakur says total revenue receipts during December 2020 is around Rs 772 crore against Rs 619 crore during the same period last year.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.