The SBI report ruled out a October rate hike
A combination of demonetisation, a poorly and hurriedly implemented GST, and more recently the "botched up" lockdown of the economy to control the spread of Covid has brought the economy to its knees.
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
'The party in the present form cannot pose a challenge to the BJP and Modi.'
A total of 40,845 cases of black fungus or mucormycosis have been reported in the country so far, of which 31,344 are rhinocerebral in nature, and the death toll from the infections stands at 3,129, Union Health Minister Harsh Vardhan said.
'More than losing Bengal, the worry for their national leadership is the current crisis.' 'If people perceive that the government does not do enough, then there's trouble.'
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
So vaccinate employees and families, staff at home, rickshaw drivers, milkmen, service providers, shopkeepers and street vendors, says Naushad Forbes.
The study suggested tax rebates for high-end technology companies that set up research and development centres in India.
The states and UTs having a recovery rate higher than the national average include Ladakh (85.45 per cent), Delhi (79.98 per cent), Uttarakhand (78.77 per cent), Chhattisgarh (77.68 per cent), Himachal Pradesh (76.59 per cent), Haryana (75.25 per cent), Chandigarh (74.6 per cent), Rajasthan (74.22 per cent), Madhya Pradesh (73.03 per cent) and Gujarat (69.73 per cent).
The best-case scenario -- to which Morgan Stanley attaches 30 per cent probability -- pegs the S&P BSE Sensex at 41,500 levels in the next 12 months.
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.
The study claims that from its peak of 18 per cent of gross domestic product in 2008, the crony capitalists' wealth is now down to three per cent
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
Earlier, an inter-ministerial group used to take these decisions.
Will a time come when people will look beyond what they see as Modi'S strengths and begin to wonder why they have got poorer or sicker under his rule, asks Vir Sanghvi.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
It is important to approach the belief of people in ancient India's achievements with a sense of proportion, balance and empathy, argues B S Raghavan, the distinguished civil servant.
Amid the protests against leading e-commerce firms, Flipkart and Amazon, shipments through the online route in fact witnessed a double-digit growth every quarter.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
'Even if the government does not implement an all-India NRC before 2024, it will be part of the party's long-term project.'
Sitharaman, who became the first full-time woman defence minister in the first tenure of the Bharatiya Janata Party-led National Democratic Alliance government -- will also head the Corporate Affairs ministry in the new cabinet.
A total of 27,920 people have been cured of the disease with 1,685 in the last 24 hours, taking the recovery rate to 34.06 per cent, the ministry said.
What does the National Educational Policy 2020 mean for students, parents and teachers?
Twitter on Friday temporarily blocked IT Minister Ravi Shankar Prasad's account for alleged violation of the US Copyright Act, a move that the minister slammed as being arbitrary and gross violation of IT rules.
National artificial intelligence unit stuck for lack of anchor department
'The Aam Aadmi's prophet is out of touch with both the city and his own flock.'
The resentment against the government has increased.
...Is this a virus more dangerous than Covid-19, asks Ajit Balakrishnan.
Three experts on cyber security, digital forensics, networks and hardware were roped in by the Supreme Court on Wednesday to "enquire, investigate and determine" whether Pegasus spyware was used for snooping on citizens and their probe would be monitored by former apex court judge R V Raveendran.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
'With the deaths of Jayalalithaa and Karunanidhi, the BJP and Congress thought that they had a chance.' 'They have conceded that power is with the Dravidian parties.'
Expressing concern over slow growth in the farm sector, President Pratibha Devisingh Patil on Wednesday asked the policy makers to keep agriculture at the centre stage of the country's development agenda.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
A bench said, "We are nobody to say what is to be taught in schools. It is none of our business. How can we direct that."
'There appears to be greater convergence of interests between China and the US in the Afghan-Pakistan theatre than between India and the US. This is hardly a recipe for a super-alliance,' says former foreign secretary Ambassador Shyam Saran.
Nilekani is the president of NCAER's governing body, while Rohini Nilekani is the Founder-Chairperson of Arghyam, a foundation that supports initiatives around the country for safe and sustainable water and sanitation.
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