Girls in protective masks wait to pray inside the temple premises on the occasion of the annual Onam harvest festival, amid the spread of the coronavirus disease (COVID-19), outside Kochi, India, on 31 August 2020. Sivaram V | REUTERS SINGAPORE – Economists were unimpressed by India’s latest economic stimulus aimed …
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NEW DELHI: The International Monetary Fund (IMF) projected on Tuesday that the Indian economy will contract 10.3 percent in the current fiscal year amid the ongoing coronavirus pandemic. However, the IMF noted that India may grow at an impressive 8.8% rate in 2021, surpassing China’s projected rate of 8.2%, thus …
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NEW DELHI: India’s Aarogya Setu mobile app has been praised by the World Health Organization (WHO) for helping health departments identify Covid-19 clusters. “India’s Aarogya Setu app has been downloaded by 150 million users and has helped city public health departments identify areas where groups can be anticipated and specifically …
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NEW DELHI: Software services exporter Wipro on Tuesday reported a 3.4 percent drop in its consolidated net profit for the second quarter (Q2) ended September 30. The Bengaluru-based company recorded a net profit of Rs 2,466 million in the period considered compared to a profit of Rs 2,553 million recorded …
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NEW DELHI: India’s Aarogya Setu mobile app has been praised by the World Health Organization (WHO) for helping health departments identify Covid-19 clusters. “India’s Aarogya Setu app has been downloaded by 150 million users and has helped city public health departments identify areas where groups can be anticipated and specifically …
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NEW DELHI: The government relies on broad participation from the private sector to drive licensing travel (LTC) cash voucher system. As is the case with most of these schemes, it is designed for central government employees, with suggestions to extend it to a larger base in the private sector, where …
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NEW DELHI: For the first time, the GST council failed to reach a consensus due to the sharp division along political lines, which Center leave 20-something state Issue bonds to raise funds and cover the collection shortfall. Continuing from where they left, the 10 opposition-ruled states and UT lobbied for …
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NEW DELHI: Finance Minister Nirmala Sitharaman announced an additional Rs 37,000 crore allocation for capital expenditures on Monday and put money in the pockets of government employees ahead of festival season, hoping to generate demand of Rs 1 lakh crore in his last attempt to revive. economic activity. The long-awaited …
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NEW DELHI: On Monday, the GST Council failed to reach any consensus for the second time in a week on compensating states for the shortfall in GST collections. The meeting, chaired by Finance Minister Nirmala Sitharaman, was a continuation of the 42nd. GST Council Meeting held last week. Addressing the …
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A meeting of the Council on Goods and Services Tax (GST) on Monday ended once again without any conclusion and the stagnation in compensation to states for the deficit in their share of indirect tax revenue continues, the finance minister said. of the Union, Nirmala Sitharaman. Nirmala Sitharaman’s comments came …
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