India's GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections by different agencies, indicating a sustained V-shape post-lockdown recovery, experts said. The first Advance Estimates (AE) by the National Statistics Office (NSO) has projected a contraction of 7.7 per cent in the real GDP during 2020-21. This was better than the projections by certain international agencies like the IMF and World Bank.
Referring to the exit plan being planned by the government, Naidu said, "The next one week of lockdown is very critical for evolving an exit strategy since the data regarding the spread of virus and its rate during the next week will have a bearing on the decision to be taken."
Yes Bank topped the gainers' list on the Sensex. It was followed by HDFC, Bajaj Finance, HDFC Bank, ICICI Bank, L&T, SBI, Axis Bank and Kotak Bank -- rallying up to 5.24 per cent.
The FATF continuing Pakistan in the 'Grey' list means its downgrading by IMF, World Bank, ADB, EU and also a reduction in risk rating by Moody's, S&P and Fitch.
The BCCI letter did not make a specific reference to Pakistan, which has been accused of harbouring terrorists by India.
'I need a haircut, but who can I trust with a pair of scissors?', asks Kishore Singh.
'We must not forget that the virus will continue to adapt itself to live with us.' 'The vaccine is the only one way we can prevent mortality.'
India has expressed concern that foreign fighters involved in the conflict in Syria have moved to other places as mercenaries, as New Delhi underlined that it is ready to play a constructive role in the Security Council to help realise the objective of the West Asian country reclaiming its place in the comity of nations.
In a veiled reference to China's aggressive military behaviour, Defence Minister Rajnath Singh on Thursday said exercising self-restraint in the conduct of activities and avoiding actions that may further complicate situation will go a long way in bringing sustained regional peace.
The former Chief of Army Staff said India faces the most complex threats and challenges spanning a full spectrum of possible conflict -- from nuclear to sub-conventional -- but asserted that the armed forces are ready to deal with them.
The race for the UN secretary-general for 2022-2027 is already over and another term for Antonio Guterres is a foregone conclusion, observes Ambassador T P Sreenivasan.
India, which has been at the forefront of the years-long efforts to reform the UNSC, began its two-year tenure at the Council on Friday last.
Modi also said that people displayed unprecedented discipline and sense of service during the nationwide coronavirus lockdown
China, besides denying the United States allegations that COVID-19 has emerged from a bio-lab in Wuhan, also rejected that it emanated from a wet market in the central Chinese city from bats or pangolins before infecting humans.
The Congress general secretary said that the country was in trouble and voices of dissent were emanating from different corners.
Chief executive officers of airlines have asked the government to bear 50 per cent of three months' salaries of employees.
Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.
Deputy Commissioner, Jodhpur, Amandeep Singh said no loss of life has been reported in the crash.
About 2.34 crore voters, spread across 78 assembly segments of the 243-strong assembly, will decide the fates of 1,204 candidates, including the Speaker and 12 members of the state cabinet.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
Accusing United States Secretary of State Mike Pompeo of fabricating lies over the involvement of the virology lab in Wuhan, Chinese foreign ministry spokesperson Hua Chunying sought to deflect criticism over its role by highlighting its French connection.
We will find it difficult to exceed an average of 5 per cent growth in the medium term, warns Shankar Acharya, the former chief economic adviser.
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
It would be realistic to see India's position on the DGMOs joint statement more as 'engagement, different from dialogue', where our subsequent options could be decided depending on the realities of the situation on the ground, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Railway services across city on the Western Railway and Central Railway came to a grinding halt at 10.05 am, as a result of the power outage.
It is difficult to legally pursue such cases as pornographic videos shot in India are often smuggled out of the country, says Vicky Nanjappa
At a time when China is trying to make its foray into South Asia, India should use its shared history to strengthen its ties in the region, says Dr Rup Narayan Das.
BCCI CEO Rahul Johri had a meeting with his Australian counterpart James Sutherland in Mumbai after which the two Boards issued a joint statement saying they have "resolved to restore focus on the ongoing series amidst the increased attention towards issues which have emanated during the course of the 2nd Test match in Bangalore."
'This is a period of significant uncertainty, of unknown unknowns.'
While the latest airline to join the Star Alliance has met its target on occupancy for May, it remains woefully short on several other counts.
A quiz for all you cricket fans.
A quiz for all you cricket fans.
'While wishing the Tibetan leader a long and healthy life, one can hope for a 'selection' of the Tibetan leader in the Indian Himalayas.' 'It is vital for Tibetan Buddhism, but it is also in India's political interests,' says Claude Arpi.
Mani said that Pakistan's stance is very clear that cricket must not be used for politics.
The fire broke out late on Thursday night when 17 people were inside the plant, run by the Telangana State Power Generation Corporation.
The Governor invited the 'attention' of Chief Minister Banerjee to the preamble of the Indian Constitution.
Heralding an end to its banking secrecy wall, Switzerland will now share bank account and other details with foreign countries, including India, even without prior intimation to concerned persons and on the basis of queries emanating from stolen data.
"It is about time that India and its institutions are protected from these 'institution wreckers'," said Jaitley.
The move comes after the letter that four senior-most judges of the Supreme Court had earlier written stating that there was danger to the independence of judiciary.
Khan said Pakistan was open for "any kind of mediation" and seeks peace with all its neighbours, especially with India.
