'It appears the growth rate could be around six per cent'.
The Supreme Court on Thursday agreed to hear a Public Interest Litigation seeking quashing of all proceedings against suspended Indian Administrative Service officer Durga Sakthi Nagpal, who had cracked down on illegal sand mining in Uttar Pradesh.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
'India will want a lot of help from the US, but it's not going to want US troops.'
Earlier in his address, he said with over 500 million bank accounts in the country, it is estimated that the Indian banking system produces over one billion transactions a day.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
'With profound sorrow we confirm that an Indian student lost his life in shelling in Kharkiv this morning,' the MEA tweeted.
Professor Chintamani Nagesa Ramachandra Rao is the third scientist to be awarded the highest civilian award -- Bharat Ratna, a crowning glory of his inexorable list of outstanding achievements.
The JCB Prize for Literature is worth Rs 25 lakh.
Eminent scientist and Bharat Ratna awardee CNR Rao believes that 90 per cent of the universities and higher educational institutions in the country have outdated curriculum, keeping them from making into the top institutes of the world.
In a paper, EAC-PM accused Subramanian of "cherry-picking high-frequency indicators" to express his skepticism about the growth rates after 2011-12.
The shutdown has been complete in not only major cities like Kohima, Dimapur and Mokokchung, but even smaller towns such as Tuli, Jalukie, Pfutsero, CNCCI president Khekugha Muru told PTI.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
There is no scientific evidence so far to support the need for a booster vaccine dose against COVID-19, ICMR Director General Dr Balram Bhargava said on Monday underlining the completion of second dose for India's adult population is the priority for the government for now.
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
The marginal improvement in the index of industrial production was mainly on account of higher power generation and mining sector output, while manufacturing declined.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
Top external affairs ministry officials on Monday briefed a parliamentary panel about efforts to bring back Indians stranded in war-hit Ukraine, including plans for 13 evacuation flights in the next two-three days to its neighbouring countries and subsequent increase in the number of daily flights to nine, sources said.
On the lines of the Sachar Committee for Muslims, Prime Minister Manmohan Singh has set up a panel to assess the status of Scheduled Tribes, to ensure their progress in socio-economic, health and education fields.
A two-day monsoon session of the Maharashtra legislature will begin from July 5 amid the coronavirus outbreak, the state government said on Tuesday.
On the present government's 'Make in India' campaign, C Rangarajan, former chairman of the Prime Minister's Economic Advisory Council, says it is important to first ask for whom it is being made.
Sonia Gandhi's prime ministerial ambition for her son has been a major factor in the Congress's internal politics since 2004, points out Amulya Ganguli.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
Liberian leader Ellen Johnson Sirleaf was on Thursday conferred the coveted Indira Gandhi peace prize by President Pranab Mukherjee who said India will continue to support the African nation in its pursuit of stability and economic growth.
Since end-May there has been volatility in the foreign exchange market.
The weight of the space station is likely to be 20 tonnes.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
Going by its past experience of differences between the central bank and the finance ministry, the government might prefer a person who could bridge this gap.
In his book Arun Bhatnagar, a retired IAS officer, makes a dig at Hardeep Singh Puri, former diplomat, Union minister and BJP nominee from Amritsar Lok Sabha seat, for Rajiv's faulty Sri Lankan policy, writes Rasheed Kidwai.
Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
China has long coveted Arunachal Pradesh, which it calls Southern Tibet. But, as Venkataraghavan Subha Srinivasan explains, in 1947, the present state of Arunachal Pradesh constituted the North East Frontier Tract of Assam. When India adopted its Constitution on 26 January 1950, NEFT became 'a separate politico-administrative entity' although it was constitutionally still a part of Assam. Its administration was brought directly under the President of India with the Governor of Assam acting as his agent. A revealing excerpt from his book The Origin Story of India's States.
The Canadian Olympic Committee (COC) and Paralympic Committee (CPC) said on Sunday that Team Canada will not participate in the Olympic and Paralympic Games in the summer of 2020 due to concerns about the outbreak of the coronavirus.
The group was banned for five years under anti-terror law on grounds that it was "in close touch" with militant outfits and is expected to "escalate secessionist movement" in the state.
The data profiles the country's rural households.
She asserted that it is the duty of the prime minister to monitor progress in any deal or project and if the PMO checks on these, it cannot be termed as interference.
The media should not narrate the story in a manner so as to induce the general public to believe in the complicity of the person indicted, the Press Council of India (PCI) said in its advisory.