Clawing the economy back to an 8 per cent growth path will require bringing savings and investment rates closer to 35 per cent on a sustained basis, which were 30.2 and 29.6 per cent, respectively, in FY22, according to a report. As per India Ratings, a large part of investments will have to be in infrastructure, which can help revive private investments by easing supply constraints and offset the weakening of external demand due to global headwinds. Higher investments will have to be accompanied by higher domestic savings to keep the savings-investments gap under check.
For eight days in a row, the active cases of COVID-19 remained below 9 lakh.
Don't ignore symptoms like coughing, wheezing or shortness of breath, warns Dr Sandeep Tilve.
The Asian Development Bank (ADB) on Monday said it has approved a loan of $125 million (around Rs 938 crore) for water supply and sanitation projects in Uttarakhand. The funds will be utilised to improve access to quality water supply and sanitation services in the Himalayan state, ADB said in a release. Under this project, 136 kilometres of water pipe system will be constructed to replace defective water networks in South Dehradun. This will ensure reliable and continuous water supply, benefitting an estimated 40,000 people, including 4,000 urban poor and vulnerable groups.
What is particularly worrying is that the vast majority will not have access to testing or even to proper treatment. These cases could have been avoided if the government had shown the political will to do so, observes Rashme Sehgal.
'With the current situation in the global job market, students come back with an added burden of educational loans.'
The nation recorded a spike of 80,472 new cases and 1,179 deaths reported in the last 24 hours.
The IOA ad-hoc committee on Wednesday decided to hold much-awaited Asian Games wrestling trials on July 22-23.
Barely 10 days left for the extended deadline to expire for picking the Indian wrestling team, the IOA ad-hoc panel has yet again failed to set a date for the Asian Games trials.
'Jeymalyatha has suffered more than enough and that she deserves to spend the rest of her time on this Earth away from her abusive trainers, rehabilitating, and with others of her kind.'
Last year, Sitharaman had ditched the long-standing tradition of carrying budget documents in a leather briefcase and went swadeshi with a 'bahi-khata'.
The National Company Law Appellate Tribunal (NCLAT) on Wednesday closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties including Federation of Hotel & Restaurant Associations of India (FHRAI). Industry body FHRAI said in May it has been allowed by the NCLAT to intervene on behalf of hotels in the Oyo unit insolvency case before the tribunal. The association had filed the application on behalf of its member hotels in India, who it said at the time are operational creditors suffering hugely on account of non-payments of debt by Oyo.
Around 1,200 protesters demanding scrapping of the amended citizenship act were detained on Thursday when they defied prohibitory orders imposed by the Delhi Police in Red Fort area. Internet, voice and messaging services by Airtel, Vodafone, Idea and Reliance Jio were suspended in parts of Delhi-NCR, in perhaps for the first time that the national capital experienced such restrictions.
The accused were killed by the police when they tried to escape while being taken to the crime spot.
More people seemed to be returning to their workplaces towards the end of the year, even as railway and electricity numbers disappointed. Most other indicators held on to their gains.
Thousands of farmers, especially from Punjab and Haryana, have been camping at various border of Delhi for almost four weeks now as formal talks between the government and representatives of farmers' unions remained deadlocked with protesting peasants refusing to accept anything less than a repeal of the newly enacted laws.
Bir Singh Yadav, from Bahlolpur village in Noida, enacted the "symbolic suicide" at the Dalit Prerna Sthal where he has been camping along with scores of protestors belonging to the Bharatiya Kisan Union (Lok Shakti).
These states and UTs are Maharashtra (seven districts/municipalities), Telangana (four), Tamil Nadu (seven), Rajasthan (five), Assam (six), Haryana (four), Gujarat (three), Karnataka (four), Uttarakhand (three), Madhya Pradesh (five), West Bengal (three), Delhi (three), Bihar (four), Uttar Pradesh (four), and Odisha (five).
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
A total of 22.05 crore applications were received during the period.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18.
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
Social distancing norms were violated openly by the seers when they and their followers descended the steps at Har ki Pairi to wade into the river.
United States polls, coronavirus lockdowns and protests... Here's a look at the best images from October.
The amount of money lying unclaimed with the Life Insurance Corporation of India dwarfs the budgets of many ministries. There was Rs 21,539.5 crore which lay unclaimed with India's largest insurance company, according to details in the initial public offer (IPO) document it filed over the weekend. The regulatory documentation is ahead of LIC selling shares to the public through the stock exchange for the first time this financial year. This will be India's largest ever public listing.
The blaze started on the second floor of the Arpit Palace Hotel in the heart of the national capital around 3.30 am, trapping many guests who were in deep sleep.
In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.
On a continuous upward trajectory, India's recovery rate has touched 78 per cent.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
A senior State Department official, on condition of anonymity, said that he has met with officials in India about what is taking place in the nation and expressed concern. The US has also 'expressed desire first to try to help and work through some of these issues', the official said.
'The Himalayas are the Creator of Life.'
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
The 1991 provision is an Act to prohibit conversion of any place of worship and to provide for the maintenance of the religious character of any place of worship as it existed on August 15, 1947, and for matters connected therewith or incidental thereto.
Analysts at Barclays pitched for a 0.25 per cent cut to generate demand advising the central bank to throw caution to the wind.
The 'ghar wapsi' was marked with celebratory atmosphere at Ghazipur border, where protestors, chiefly members and supporters of the Tikait family-led Bharatiya Kisan Union (BKU), danced to patriotic and regional tunes hailing the farming community.
'Farmers have been sent notices in which the government is threatening that if you will join the movement, then we will impound your ancestral properties.' 'We will seal your bank accounts.' 'We will revoke the passports of your kids.'
With the latest action, the value of the philanthropic endowment corpus contributed by Premji is about $21 billion, which includes 67 per cent of the economic ownership of Wipro.
As we have entered the last month of 2019, here's a rewind of the top moments in November.
The Centre had on Thursday asked all states and union territories to conduct rigorous screening and testing of all international travellers coming from or transiting through South Africa, Hong Kong and Botswana, where the B.1.1.529 variant has been detected.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.