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"The Centre has been reducing the rightful share of funds to Telangana State rather than providing more funds to the progressive State which has been contributing to the nation's development," he said
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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 government must address societal disquiet for the economic recovery to be equitable
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On Monday, the Sensex had risen by 749.85 points or 1.53 per cent; and the Nifty had gained 232.40 points or 1.60 per cent.
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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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Foreign portfolio investors (FPI) invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26, the depositories data showed.
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On Saturday, TRS working president and Minister KT Rama Rao took potshots at the Centre which was feigning ignorance to the rising prices of gas, diesel and petrol
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Assam, once known for agitation and violence, is marching forward on the path of development under the leadership of the prime minister, Sonowal and Sarma, he said.
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In a letter to Modi, she said the truth is that as GDP "nosedives", the prices of gas, diesel and petrol continue to rise unchecked.
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Stating that India needs many things to be right for its recovery to continue, S&P said the country needs to quickly and thoroughly vaccinate most of its 1.4 billion people
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The economy expanded 1 per cent in the fourth quarter, a second consecutive quarter of growth.
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The minister said the government announced a special economic and comprehensive package under AatmaNirbhar Bharat including measures taken by RBI
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RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.
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But the brawny spending programme also entails higher-than-expected general government deficits -- at more than 14 per cent of GDP this fiscal year and 11.6 per cent in fiscal 2022.
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The government's prioritisation of fiscal support for the population's health and well-being, and ongoing economic recovery are understandable.
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While it is desirable to be optimistic about growth, the Survey must have openly acknowledged the problem areas
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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 World Economic Situation and Prospects 2021 said that by mid-2020, unemployment rates had escalated to a record high 23 per cent.
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The economy contracted by a massive 23.9 per cent in the first quarter and 7.5 per cent in the second quarter on account of the COVID-19 pandemic.