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Latest Articles in Economy

Indian Economy To Contract 11% In FY21: ICRA

It can be noted that some analysts have pegged the economy to contract by up to 14 per cent after the release of the official GDP data for Q1FY21 which showed a 23.9 per cent decline.

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Malaysia's Airasia Looks To Lay Off Staff - Bernama

AirAsia Malaysia's layoffs would be completed by the end of this month, while affected AirAsia X staff will be leaving end of October.

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Rajnath Singh Unveils New Defence Acquisition Procedure

The offset guidelines have also been revised facilitating preference to defence majors offering to manufacture products in India over relevant components.

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China's Leaders To Endorse Lower 2021-2025 Growth Target At Key Meeting

China abandoned its annual GDP growth target, for 2020, for the first time in 18 years due to a heavy blow from the coronavirus crisis, although some economists suspected the government has maintained an implicit goal of around 3%.

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PM Modi Wishes Lata Mangeshkar On Her 91st Birthday

Wishes poured in from all the corners for the Bharat Ratna award-winning singer earlier in the day with fans as well as Bollywood celebrities flooding the social media with congratulatory wishes for her.

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RBI Postpones MPC Meet On Key Interest Rates

The RBI held its main repo rate at 4 per cent at its last meeting and said it will keep policy accommodative in view of rising inflation and faint signs of economic growth amid gradual lifting of coronavirus (COVID-19) countrywide lockdown.

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Govt Dedicates 1.4 Km Gwalior-Morena Flyover To Nation

The flyover connecting Dholpur in Rajasthan and Gwalior in Madhya Pradesh has been completed within the scheduled 18 months' time under engineering, procurement and construction mode.

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Air France Leads Tax Pushback In Climate Vs Recovery Fight

European Union's executive now wants to cut greenhouse gas output by 55% in the next decade rather than the previous 40%, from a 1990 baseline.

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Agri Bills Are Death Sentence For Farmers: Rahul

Gandhi and his Congress party have been demanding that the farm bills be withdrawn as they are not beneficial for farmers, who will be enslaved at the hands of private players and big businesses.

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HC Issues Notice On Delhi Govt's Plea Against Stay On Reserving ICU Beds For COVID Patients

Reserving 80 per cent ICU beds will deny urgent care to seriously ill patients, requiring vital surgical interventions and critical care.

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RBI To Keep Rates On Hold, Provide Economic Forecasts

The central bank must manage high retail inflation while keeping policy accommodative to support an economy which nosedived 23.9% last quarter

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BJP leader Uma Bharti tests COVID-19 positive, admitted to AIIMS Rishikesh

Urging the media not to blame the Himalayan saints, Bharti revealed that her driver had the coronavirus, but they were unaware of it till he was tested positive for COVID-19.

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Sea And Road Transport Recovering, Air Transport Still Under Pressure: Ind-Ra

Road transportation witnessed traction with a gradual increase in the availability of trucks and an increase in the supply of labourers, leading to a decline railway market share which had increased in April.

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Trump Paid Just $750 In US Income Taxes In 2016, 2017: Report; ''Fake News'', Says President

Trump paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made, the report said.

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Supreme Court Allows COVID Positive Aspirant To Take CLAT Exam In Isolation

A bench headed by Justice Ashok Bhushan said the student should be permitted to take his CLAT examination in a separate isolation room to be provided by his Centre Superintendent.

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