Tag Archives: economy

By Mihir Sharma, India is recovering from a quadruple hit that is virtually unique even during this pandemic. First, growth has suffered an impact that appears to be greater than any of its peers, with GDP contracting 23.9% in the first quarter after the pandemic. While the economy has reopened …

The Finance Ministry clarified on Saturday that there is no restriction or ban on filling posts in the Government of India, a day after it issued an order prohibiting the creation of new posts in central ministries, with a view to alleviating pressure on government resources due to the current …

India’s shrinking economy does not prevent foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers invested $ 6 billion net in stocks in Asia’s third-largest economy in August, the most since March last year. That’s because all the other markets in the region except …

The government has decided to cut non-essential expenses, such as expenses on celebrations, creation of new positions and appointment of consultants, to save scarce resources for priority sectors, since the country’s fiscal deficit has already exceeded 103 percent of the estimated budget for all 2020. -21. The Department of Expenditures …

Beijing on Thursday cited Nobel laureate Rabindranath Tagore and the popularity of yoga in China to criticize India which bans 118 Chinese apps and subtly warned New Delhi not to join the US ‘clean web’ program, Washington’s initiative. for an Internet without security threats. The Chinese Foreign Ministry said that, …

File photo of the leader of Congress, P Chidambaram. One day after a 24% drop in GDP signaled India’s worst economic contraction on record, Chidambaram confronted Sitharaman for his “act of God” comment, calling it a man-made disaster. News18.com New Delhi Last update: September 1, 2020 8:30 pm IST FOLLOW …

The Indian economy is “stressed,” the central government told the Supreme Court on Tuesday, noting that issues related to charging interest on defaulted loans and interest on such interest require detailed consideration by the Center, the Bank. of the Reserve of India (RBI) and the bankers. Association. Attorney General Tushar …

India’s economy is expected to see a record decline in the April-June quarter, contracting by as much as 25% or the worst since the country began publishing quarterly GDP data in 1996. The government plans to release the April-June GDP figures on Monday. That will set the tone for the …

Congressional Senior Leader P Chidambaram wears a mask in Parliament during the Budget Session, March 19, 2020. (PTI Photo / Vijay Verma) If the pandemic is an ‘act of God’, how do we describe the mismanagement of the economy during 2017-18, 2018-19 and 2019-20, asked former Finance Minister P Chidambaram. …

[ad_1] By: ENS Economic Bureau | New Delhi | Updated: May 19, 2020 7:24:34 am “The centre and core of the feed systems is to clear all the outstanding of MSMES dues within 45 days. I’ve also requested to other companies to clear pending dues of Msmes as all capital …