Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
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Mumbai: Maharashtra reported 20,131 new cases of coronavirus Tuesday and with that, the state bill is now up to 9,43,772. In addition, 380 people succumbed to the infection, which claimed the death toll due to COVID-19 in the state to 27,407 and the number of active cases to 2,43,446 according …
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NEW DELHI: As Covid-19 infections surged to an unprecedented level in India over the weekend, the country moved to the center of the global pandemic scene, accounting for more than 40% of all cases recorded around the world on Sunday. Cases in India on both Saturday and Sunday were higher …
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New York: Oil futures fell on Tuesday, Brent fell below $ 40 a barrel for the first time since June and US crude fell more than 8%, after Saudi Arabia cut its October sales prices amid a outbreak of coronavirus cases around the world. Coronavirus infections are on the rise …
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Foreign Minister S Jaishankar with Iranian leader Jawad Zarif in Tehraon on Tuesday. (Twitter / S Jaishankar) Two visits in less than a week send a message of the importance of the India-Iran relationship that has been affected recently by US sanctions and is also caught in the crossfire of …
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The Indian economy is the hardest hit among the major economies, US brokerage Goldman Sachs said on Tuesday, slashing its 2020-21 GDP forecast to a 14.8 percent contraction. He had previously estimated that the country’s economy, which is now home to the second-highest number of Covid-19 infections, will contract by …
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Amazon CEO Jeff Bezos topped Forbes’ list of the richest Americans for the third year in a row, while President Donald Trump’s ranking fell as the coronavirus pandemic hit his office buildings, hotels and resorts. Total wealth on the Forbes 400 list, released Tuesday, rose to a record $ 3.2 …
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Chinese President Xi Jinping. (Photo: Reuters) The nation’s propaganda machine has praised China’s Covid-19 response, reframing the public health crisis as an example of the agility and organization of the communist leadership. AFP Last update: September 8, 2020 12:04 PM IST FOLLOW US: China has passed “an extraordinary and historic …
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Coronavirus: Schools May Reopen for Classes 9-12 Voluntarily Amid COVID-19 New Delhi: Partial opening of schools will be allowed, but only on a voluntary basis starting Sept. 21, the government said today, more than five months after they closed due to the coronavirus outbreak. This, however, will be applicable only …
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NEW DELHI: The sharp increase in Covid-19 cases in the national capital will “stabilize” after about ten days, Delhi Health Minister Satyendar Jain said, claiming that the home isolation policy has proven be a “game changer” to control the rise. , a strategy that the city government will continue to …
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