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Latest Articles in Economy

Data Center To Double By 2023 To About 20 Mn Sq Feet: Colliers Insights

The thrust on Data Centers is led by increasing digitization, and growing adoption of cloud and IoT devices says the report by Colliers

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British Airways-Owner IAG Reports 1.3 Billion Euro Loss In Third Quarter

The 1.3 billion loss was significantly worse than the 920 million euro analysts' consensus and behind the 1.4 billion euros of profit it made in the same period last year.

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US Proposes Not To Issue Business Visa For H-1B Speciality Occupations

The move, made public on Wednesday, less than two weeks ahead of the November 3 presidential election, is likely to impact several Indian companies which send their technology professionals on B-1 visas for a short stay to complete jobs on site in the US.

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Indian Economy Set For A Near Double-Digit Contraction This FY

Asia's third-largest economy was predicted to shrink 9.8%, more than the RBI's latest 9.5% projection, and 26 of 55 economists saw a contraction of 10% or more for the year.

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Delhi's Air Quality Dips, Morning Walkers Irked

The Air Quality Index (AQI) was recorded at 254 in ITO and 246 in Patparganj, both in the 'poor' category, as per the Delhi Pollution Control Committee (DPCC) data.

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Will ‘Atmanirbhar Bharat’ Outshine The Glitter Of ‘Global Brands’ ?

India has identified key industry clusters where the country has been performing well, including hardware and electronics and rolled out incentives schemes like the PLI (Production Linked incentives) to support the re-shoring of large-scale electronics manufacturing to India.

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PM Modi Wishes Amit Shah On His 56th Birthday

Shah is a first-time Lok Sabha MP from Gandhinagar and was inducted into the cabinet under the second tenure of the Modi government. He was given the charge of Home Affairs.

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Harsh Vardhan Launches Eco-Friendly, DME Fired 'Aditi Urja Sanch' Unit

Dimethyl ether (DME) is an ultra-clean fuel. CSIR-NCL has developed nation's first kind of DME pilot plant with 20-24Kg/day capacity.

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Govt Announces Rs 3,737 Cr Bonus For 30.67 Lakh Non-gazetted Employees

The bonus, to be given in a week's time, will encourage the middle-class to spend and thus add to the demand in the economy

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New Integrated Terminal Building At Pune Airport To Be Ready By March 2022: AAI

AAI has undertaken the construction work for the new integrated terminal building at Pune Airport in order to cater to the continuous surge in passenger traffic and ease congestion at the airport.

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Union Cabinet Approves Bonus For 30 Lakh Non-Gazetted Employees Of Central Govt Through DBT

"Union Cabinet approved adaptation of the Jammu and Kashmir Panchayati Raj Act, 1989. This move will help establish all the three tiers of grass-root level democracy like in other parts of the country,"

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Indian Government Working On Next Stimulus Package - Finance Ministry Official

The government has received suggestions from various ministries and sectors on needed measures, Tarun Bajaj, economic affairs secretary at the ministry of finance, told a virtual conference.

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Eknath Khadse To Join NCP At 2 Pm On Friday: Jayant Patil

BJP State President Chandrakant Patil had refuted the reports of Eknath Khadse resigning and joining the NCP and exuded confidence that Khadse had no such plans.

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Active COVID-19 Cases Below 7.5 Lakh Mark For Second Successive Day: Health Ministry

In the last 24 hours, the country has registered 61,775 recoveries whereas the new confirmed cases are only 54,044. This is when 10,83,608 tests have been conducted in the last 24 hours.

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UK Borrowing Exceeds Forecasts, Debt Highest Since 1960

Borrowing to date is below what the OBR pencilled in for this point in the tax year, though the ONS data does not yet include the cost of defaults on government-backed COVID loans which the OBR has factored in.

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