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More and more women being pushed out of the agriculture sector points to a disturbing trend
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Out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by the industry body PHDCCI, 7 have performed positive in February 2021.
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Banks and non-banks must use liquidity windows and newfound demand for credit to push economic revival aggressively
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Premier Li also set a target for urban unemployment rate of around 5.5 per cent, with a goal of more than 11 million new urban jobs, up from nine million last year.
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The economy would have been even worse if not for the country's technology exports, which saw increased demand driven by personal computers and servers.
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On Friday, the BSE Sensex had crashed 1,939.32 points or 3.80 per cent to end at 49,099.99 – its worst one-day fall since May 4 last year.
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The economy expanded 1 per cent in the fourth quarter, a second consecutive quarter of growth.
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Excluding these two items, fiscal deficit could have been lower by 0.5-1.0 per cent in fiscal 2021 and 0.6 per cent in fiscal 2022, the rating agency's research report said.
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The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.
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Even in the best of times, a vast majority of Indian artists struggle to find patrons for their art and earn a decent income. During the lockdown - with art galleries closed and no projects - many artists were forced to sit at homes, while the future looked gloomy.
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Q4 2020 was a particularly challenging quarter for many OEMs, especially those who manufacture devices for the prepaid and lower price band markets," Jeff Fieldhack, US Mobile Devices and Carrier Strategies Director at Counterpoint
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Amid exceptional uncertainty, the global economy is projected to grow 5.5 per cent in 2021 and 4.2 per cent in 2022.
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The decline in FDI inflows was concentrated in developed countries, where fund flows fell by 69 per cent to an estimated USD 229 billion.
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Restoration and creation of jobs must be high on Sitharaman's to-do list that will set the tone for a double-digit growth
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By promising to work for all Americans, Biden seeks to end a tumultuous chapter in the country’s history
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Bajaj Fiserv was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank and Axis Bank.
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Government often solves the wrong problem, says expert
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This will help the economy end the current year ending March with a 7.5% contraction, which is 1 full 100 bps more optimistic than the consensus forecast and and even lower than the latest government forecast of 7.7%
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Growth is expected to recover to 5.4 per cent in 2021 as the rebound from a low base is offset by muted private investment growth given financial sector weaknesses.
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India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020