The production of eight main industries contracts 9.6% in July

NEW DELHI: Hiring for the fifth consecutive month, the departure of eight core infrastructure sectors fell 9.6 percent in July due to the decline mainly in steel production, refinery products and cement. Output from eight basic sectors had expanded 2.6 percent in July 2019, data released by the Ministry of …

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India’s economy shrinks 23.9%, worst in decades

India’s gross domestic product (GDP) fell 23.9% in the April-June quarter, official data released by the Union’s Ministry of Statistics and Program Implementation (Mospi) on Monday showed in amid the coronavirus-induced pandemic that affected businesses and livelihoods across the country. . India’s economy had grown at 3.1% in the January-March …

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Former President Pranab Mukherjee dies at 84

Pranab Mukherjee, 84, had received respiratory assistance. New Delhi: Pranab Mukherjee, an elderly statesman and one of the country’s most respected politicians, died at the age of 84. The former president of India, who tested positive for coronavirus, had been in a coma after brain surgery earlier this month. “With …

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