Tag Archives: economy

Some of India’s farmers are among the poorest people in the country, but government policies have long protected them from the ravages of open market prices. That is changing. A set of three laws passed in September aim to deregulate India’s huge agricultural sector. Prime Minister Narendra Modi has said …

The Indian government has invited protesting farmers to enter into talks, seeking to allay concerns about new laws that producers fear could pave the way for the government to stop buying grain at guaranteed prices, leaving them at the mercy of private buyers. Tens of thousands of people have been …

New Delhi: The surprising resilience shown by the manufacturing sector that restricted the GDP contraction to just 7.5 percent in the September quarter could be the result of a massive purge of costs such as the cost of employees by corporations and businesses, which could create a potential headwind in …

The Indian economy contracted 7.5% in the second quarter of 2020-21, better than most analysts expected, although the touch of gray to this ray of light was provided by the fact that, with the second Consecutive quarterly drop, technically in recession, as a result of the long-lasting effect of the …

NEW DELHI: India economy contracted for the second consecutive quarter, but the rate of decline dropped dramatically in all three period of the month ending September like the agricultural sector it remained strong as manufacturing returned to the positive zone. However, critical services segments fell for the second consecutive quarter. …

India’s economy contracted 7.5% in the July-September quarter after a record 23.9% drop in the previous three months, pushing the country into a recession for the first time in its history. The contraction came despite the government lifting a strict two-month lockdown imposed across the country in March after the …

In addition to India, the RDIF says that Sputnik V will also be produced in Brazil, China and South Korea. One of Russia’s Sputnik V coronavirus vaccine developers announced on Friday that India-based drugmaker Hetero will produce more than 100 million doses of the jab. “Hetero, one of India’s leading …

India’s economy rebounded to a 7.5% contraction in the July-September quarter, gross domestic product (GDP) data released by the National Statistics Office (NSO) shows. The Indian economy grew 4.4% in the same period of the previous year. India, which is Asia’s third-largest economy, had seen a record 23.9% contraction in …

Thousands of farmers in India were finally able to enter the capital, New Delhi, for a planned protest against the new agricultural laws hours after police fired several rounds of tear gas and used water cannons to stop Dilli Chalo’s march (Ir to Delhi). The protesting Indian farmers clashed with …

Concern about the depth of India’s recession is slowly being replaced by optimism that a recovery is taking hold. A number of indicators, from auto sales to service sector activity, rose last month, while alternative data points to strong demand in an economy driven primarily by domestic consumption. Data to …