Tag: Indian economy
Cheaper Fuel, Food Cost Eases Sep WPI To 0.33%
Lower prices of key transportation fuels along with those of manufactured products eased India's annual rate of inflation based on wholesale prices to 0.33 per cent in September from 1.08 per cent in August. ....
The PM Has Put His Head In The Sand, Not Willing To Accept Problem: Rahul
Congress leader Rahul Gandhi on Tuesday mounted fresh attack on the central government on the state of the Indian economy after the spread of the coronavirus. The Congress leader alleged that the Prime Minister should come out from the fascination of the rating agencies and do something to revive the economy. ....
Five Air India Pilots Test Covid-19 Negative On Re-testing
Five pilots of Air India along with two technical staff who had earlier tested positive for coronavirus have now tested negative for the infection, sources said on Monday.....
Maharashtra Records New High Of Covid-19 Deaths, Over 2,000 New Cases
Maharashtra on Tuesday recorded 76 Covid-19 deaths - the highest single-day surge - and 2,127 new cases, officials said here.....
59 More Test Positive As J&K COVID-19 Tally Jumps To 1,449
Fifty-nine more people tested positive in Jammu & Kashmir on Thursday as the total number of COVID-19 patients rose to 1,449 in the Union Territory.....
GDP Sees Unprecedented Freefall In Q1FY21, Contracts By 23.9%
The Covid-19 pandemic-induced economic turbulence, along with measures to curb its outbreak, heavily dented India's economy and plunged the country's GDP by (-) 23.9 per cent during the first quarter (Q1) ended June 2020-21 on a year-on-year basis. ....
Increase Infrastructure Spending To Revive Economy: Chidambaram
Former Union Finance Minister P. Chidambaram has advised the government to increase spending in infrastructure to revive the Indian economy, as the GDP has contracted by 23.9 per cent in the first quarter of the 2020-21 fiscal. ....
Economy Not Circus Lion That Responds To Ringmaster's Stick: Chidambaram
Former Finance Minister P. Chidambaram on Thursday criticised the Centre for its claims on reviving the economy. He said the economy was largely determined by the market, by the laws of demand and supply, and by the purchasing power and the sentiments of the people, which are missing currently. ....
India On Course To Become 5-trillion-dollar Economy By 2024: BJP
The BJP presented latest economic data on Tuesday to claim that not only is the economy of the country back on track but is on an upward surge. BJP's spokesperson for economic affairs Gopal Krishna Agarwal cited GST collections of October among other indicators to reiterate his party's position that India is still on course to become a 5-trillion-dollar economy by 2024. ....
Farmers' Protest May Impact Economic Recovery: CII
The disruptions in supply chains caused by the current agitation by farmers in many parts of India will have a bearing on the economy over the coming days and may impinge upon the ongoing recovery from the economic contraction due to COVID, industry body CII said on Monday.....
