The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday. In its study of the state budgets of 2020-21, the RBI report which has dwelled on the theme 'COVID-19 and its Spatial Dimensions in India', said that Gross Fiscal Deficit (GFD) of the states would spiral during the current fiscal.
'The financial sector's performance in the first two quarters was a revelation.' 'It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.'
Sporting activities, including cricket, are currently shut due to the coronavirus-forced lockdown but Alex Carey is in no mood to let dust settle in his skills and has been working towards that in this break.
The secret behind designer Payal Singhal's stunning designs.
Indian officials said Pakistani fighter jets on Wednesday violated Indian air space in Jammu and Kashmir's Poonch and Nowshera sectors but were pushed back by Indian aircraft.
'It used to be quite normal to have quite a few drinks and drive home, and it also used to be normal to drive without seatbelts. Today both of those would be considered antisocial, and not wearing face coverings in public should be regarded in the same way'
If we work together with dedication, concentration and effort, we should be able to achieve our aspirational growth target of double-digits for a very long period of time, suggests K V Kamath.
Pakistan left England with their heads held high after their last two tours, drawing both, most recently under Misbah in 2018.
Since the traditional Australian opener was cancelled in March, Formula One has agreed changes to help teams hard hit by COVID-19.
Tennis great Billie Jean King says the financial fallout from the coronavirus shutdown has exposed the unfairness of the sport and that it is important for the top players to lead the cause for change. The tennis season was suspended in March due to the COVID-19 pandemic and the shutdown will continue at least until mid-July, depriving lower-level players, who depend solely on tournament winnings, of the chance to earn a living.
Upskilling would not only improve chances of employability but would also increase the scope of jobs based on skills they have acquired over a period of time, says Akhand Swaroop Pandit, co-founder and CEO, The Catalyst Group.
Investing in your wellness shows that you honour and love yourself, says Lifestyle Coach Shivli Bembey.
Aditya Bafna, MD, CEO, Seva Group explains how a healthy and mindful habits can help improve productivity at the workplace.
'It may be a bit slow to start, but all are eager to get back into action.'
Ask yourself 3 questions, advises Seema Chowdhry: Who is going to be in the audience? What type of questions can they ask? Do I know the answers?
'The reality of this virus is that as long as it is circulating, it can mutate into new variants and by the time you realise that this is a new virus, which is more dangerous, and more transmissible, it is too late.'
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
'The heart is to honour all who have been struck by Covid and the map signifies that as a country, we can win this together.'
'Initially I was fearing that I may come in contact with the virus but when I reached the centre I gained confidence'
Many insurers either do not cover consumables like PPE kits, gloves, etc at all or cover up to a certain limit, warns Amit Chhhabra.
'If the government has not listened to scientists, it must.' 'It's obvious that this is a science-driven campaign (fight), a science-driven situation.' 'We cannot afford to ignore the science.'
What India's top restaurants are doing to satisfy your food cravings.
With final preparations underway and the vaccine set to arrive in the national capital in the next couple of days, Rohit Datta, who was the first person to be diagnosed with coronavirus infection on March 1, said "it feels surreal".
Formula One got back on track in changed circumstances on Friday but with Mercedes bringing a familiar look to the timing sheets as six times World champion Lewis Hamilton led team mate Valtteri Bottas one-two in Austrian Grand Prix free practice. The Briton did 41 laps and lapped with a best time of one minute 04.816 seconds in a damp and overcast session, 0.356 faster than the Finn.
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
'We should not forget the core purpose of the lockdown -- to buy time to implement a strategy to tackle the virus, to prepare for the final lifting of the lockdown and to prepare for a 'new tomorrow',' notes Dr Sanjeeth Peter.
In the last couple of months, top Indian IT services providers, including TCS, Infosys, Wipro and HCL Tech have announced setting up cyber threat management centres in the US and Europe.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
Help your employees remember the vision and the goals of your exponential organisation and why they decided to be there, suggests Kunal Sood.
Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
There is no one way to describe the 12 months that have gone by since India reported its first Covid-positive case on January 30, 2020.
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
Empty middle seat, no duty-free shopping to be new normal till WHO all-clear.
The Hyderabad Open badminton tournament, scheduled to be held from August 11 to 16, was on Thursday cancelled by the world body BWF in view of the coronavirus pandemic. The event was part of the BWF's revised calendar to restart the sport after the pandemic-forced cancellations since March.
As the coronavirus pandemic made courts adopt the new normal and go virtual in 2020, the Union law ministry pitched in by providing the required infrastructure to ensure online hearings are held smoothly.
Part of landing your dream job involves knowing the ins and outs of that particular job.
India doesn't have a data protection law or a dedicated law on cybersecurity. Also, there is no specialised law on privacy. Experts say this complicates the scenario for businesses as they continue to be liable for breach in client data even when employees work out of the home.
A third of the total restaurant market in India - valued at Rs 4.25 trillion - could be wiped out in the current financial year, since many players have simply been unable to sustain operations in the absence of customers.
Akram wishes that Indian and Pakistani players could have played in each other's T20 league -- IPL and Pakistan Super League.