The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
Cheap data plans, affordable handsets, increasing popularity of video services and 4G networks have helped average data consumption per user in India to grow to over 11 GB a month, telecom gear maker Nokia said on Thursday. Nokia -- in its annual Mobile Broadband India Traffic Index (MBiT) report -- said the overall data traffic in India increased by 47 per cent in 2019, driven by continued 4G consumption. 4G data constitute 96 per cent of the total data traffic consumed across the country, while 3G data traffic registered its highest ever decline of 30 per cent, it added.
'Maybe it's time for Plan B for the film industry.'
The central bank is the money manager of the government, and not a guarantor of any debt.
'The lessons learnt from the triple disaster have put Japan's energy future On the right path,' notes Dr Rajaram Panda.
'Scientists around the world are focused on very quickly doing work to help us better understand what we are facing.' 'I am inspired by what scientists have found in such a short amount of time since the virus emerged.'
Are retirement homes attractive options for the elderly? Experts feel it is a good option to be able to live an independent and activity-filled life. But don't buy it as an investment
The Tokyo Olympics next July will be a "uniquely risky" event, demanding flexibility from organisers amid the uncertainty of the coronavirus pandemic, particularly if a vaccine has not been rolled out by then, medical experts say. Japan and the International Olympic Committee made the unprecedented decision last month to delay the Games for a year, as the world battles the virus that has infected 2.3 million people and killed more than 150,000 globally. But questions persist whether the Games can go ahead 15 months from now, as a vaccine could still be at least a year away, according to the most optimistic estimates.
IMF attributes the slower growth rate to supply-side bottlenecks.
Nepali labourers are not only the backbone of the state's apple economy but also part of the highly grounded manpower in the orchards, setting an example for other states struggling with the migrant labour question, reports Ashwani Sharma.
In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
Finance firms in these SEZs likely to get tax breaks.
The e-filing of returns in FY14 saw an increase of 40 per cent with 25.6 million online returns being filed till March 22, compared with 18 million a year ago.
Tourist arrival growth down to 1.9% over poor marketing and terror threats. Airlines, too, have been forced to reroute following airspace closure. UK and Australia advised their citizens from travelling to Srinagar following the Pulwama attack.
Other losers in the Sensex pack included IndusInd Bank, Tata Motors, TCS, Yes Bank and L&T, falling up to 3.26 per cent.
The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.
IDS-2 and raids to uncover black money stash keep receipts flowing
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
Prime Minister Narendra Modi on Monday announced that the central government will provide free coronavirus vaccine to states for inoculation of all above the age of 18 from June 21, and asserted that vaccine supply would be increased significantly in the country in coming days.
The greatest disconnect lies in the estimates of industrial growth.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
A culture of science and innovation must be embedded in society wherein people not only use new technology but understand it as well. Without this, obscurantism and blind faith can sit side by side with digital technology and, in fact, use the same technology to reinforce their hold on people, says Shram Saran.
'Two esteemed foreign investors with huge funds are coming with us in our real estate and city development businesses.'
The new missile could deliver 2,000 to 3,500 kilograms of payload to any point in the continental US, notes Rajaram Panda.
The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'