All-out efforts are needed to mitigate the adverse impact of the Covid-19 pandemic, and the RBI will use any instrument necessary to revive growth and preserve financial stability, according to the minutes of the central bank's policy meeting.
What came to the rescue of the IIP numbers in February were mining and electricity.
Apollo Tyres on Thursday said it is looking at laying off about 1,500 of its workforce.
The Federal Reserve's move comes a week after it trimmed 0.75 per cent of the fund rate owing to concerns that the US economy was headed towards a recession.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
'If global growth continues to be sluggish, India instead could potentially take a bigger piece of a shrinking pie,' says Prachi Mishra, managing director, Global Macro Research, and India chief economist, Goldman Sachs.
India's exports dipped after a gap of four months in March but finished 2017-18 with a healthy rise of 9.78 per cent to $302.84 billion.
In a relief to the management of Honda Motorcycle and Scooter India (HMSI), which is facing labour unrest, a civil court in Gurgaon has ordered the local administration, including police, to evict striking contract workers.
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
'When a new superhero film releases, China creates figurines based on the film and puts them out in the market along with the film's release.' 'Does our domestic manufacturing sector been able to do it so quickly? No.' 'We have a large millennial population and we have to make products that are more in line with the tastes of those people.' 'The MSME sector can win back its customers only this way.' 'When they change with the consumers's needs, there will be a move towards Indian products.'
Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector
The further their name sits from the bottom of the seniority list, the more likely they will keep their job even as an airline take steps to slash expenses and eliminate routes.
The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
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.
'He spoke about 20 jawans in Ladakh, but he couldn't even name China.' 'He said the world had seen what had been achieved, even though we Indians don't know because Modi has himself said that nothing had happened and nobody had come,' points out Aakar Patel.
'Everyone has to recalibrate their plans, preparations, peaking, meaning the tournaments they will play in in the lead-up to the Olympics.'
This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
Four other inmates have been ill since last week because of suspected malaria and the water supply is unfit for human consumption.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
The casino, the last of the Atlantic City casinos bearing Donald Trump's name, will close in September.
Index of industrial production data had also shown that the sector grew at 3.1 per cent after contracting in the previous quarters.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
Mourinho was also adamant that it was crucial to United's ambitions to keep the 28-year-old Spain international, who has been linked with French champions Paris St Germain.
Escalating the attack on Prime Minister Narendra Modi over demonetisation, Rahul Gandhi on Saturday accused him of dividing the country between the rich and the poor and dubbed the move as "firebombing" on cash economy and farmers and labourers.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
Despite stiff opposition from local businesses, the California senate has passed a controversial Bill banning state agencies from contracting services to companies that use overseas labour.
'All the hotels and restaurants from where I used to eat have been shut. I used to beg but now there is no one to give me alms too'
Harvard Global Health Institute Director Dr Ashish Jha noted that the number of cases in India may be higher than what the data suggests because while testing has been improving, it has not been rolled out in a way that will capture all low-symptomatic patients.
Foxconn, the Taiwan-based contract manufacturer of mobile phone parts, will suspend its operations at the facility near Chennai from December 24, following a change in manufacturing requirements of clients in the country.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
Do a straw poll of any business friends and you will laugh and weep at what they go through, points out Rahul Jacob.
The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.
Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services
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