Where is the fiscal deficit headed? The fiscal deficit for 2020-21 is expected to increase to ₹18.49 trillion or 9.5% of GDP. It was budgeted at 3.5% of GDP. The fiscal deficit is the difference between what a government earns and what it spends. Gross tax collection is expected to …
Read More »Fire breaks out in Serum Institute building in Pune, vaccine production not affected: Report
On Thursday a major fire broke out at the Pune-based vaccine manufacturing company Serum Institute of India. The company is involved in the production of the Covid-19 Covishield vaccine, which has recently been granted an emergency use authorization in India. According to ANI reports, the fire broke out at the …
Read More »PSU workers unions will go on strike on November 26 against privatization
Hindustan Aeronautics Limited (HAL), India’s leading aircraft manufacturer, said on Tuesday that workers’ unions in the company’s Bengaluru and Koraput divisions have notified a nationwide general strike on 26 November. HAL, in a regulatory statement, added that the workers’ unions have called a strike against “government policies and legislation.” “The …
Read More »Possible Flight Disruption in Chennai to Statewide Vacation in TN – 10 Updates
Here are ten things to know about this cyclone: 1) Chennai metro services will run with the schedule of holiday train services on Wednesdays with service hours from 7 am to 10 pm with an interval of every 10 minutes. The Metro Train services will be regulated based on the …
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