Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
Early data from its vaccine candidate 'mRNA-1273' showed it produced protective antibodies in a group of eight healthy volunteers, Moderna said. The other closely watched COVID-19 vaccine is the one being developed by scientists at Oxford University.
'The fact that a rural Kashmiri boy was brainwashed into killing himself and others means there is an active programme that exists which does such recruiting and there will potentially be other such individuals out there,' warns Aakar Patel.
Prof Pradip Narayan Ghosh, former Vice Chancellor of Jadavpur University, Kolkata tells us how the quota system has been unable to make higher education accessible to a large section of society.
The repo rate could be reduced by 50 bps in the current year.
Mumbai is the only Indian city in the top 30 cities in the world for multi-millionaires.
'The larger number of patients, who are being affected by COVID-19, are essentially people who have a history of heart disease to begin with, and then experience a more severe form of the infection with COVID-19, because of the existing risk factor.'
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
Japan's Asahi Shimbun, an official partner of the Tokyo 2020 Olympics, called for the Summer Games to be cancelled in an editorial
There can be no one answer to the question at the centre of an anxious debate across a world coping with COVID-19 and wondering what will happen if another one comes, but the global scientific community has been working on multiple tracks to ensure that humankind is better prepared.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
The Modi government caved in under American pressure without even token resistance. Two countries similarly placed as India with high dependence on Iranian oil -- China and Turkey -- have shown the grit to stand up to Washington, says Ambassador M K Bhadrakumar.
If we are able to provide safe, hygienic toilets, and affordable sanitary napkins, we could stop girls from dropping out of schools and help women feel more confident.
'You have sufficient protection if you take the second dose of the Covishield vaccine at 12 weeks, because this vaccine works in a way where it provides protection in the first dose.'
Most say they will review their Make in India plans as prices may top pre-GST level
The two PMs called upon all countries to work towards rooting out terrorist safe havens and infrastructure.
'Some of the longer-term implications of COVID-19 are not related to the virus itself.' 'They are actually related to immune responses from the virus.'
Trade enhancement is not about lowering tariff barriers, but dismantling such regulatory barriers.
'Vigilance is the enemy of the virus.' 'We need to be alert all the time, about this, until we fully understand it.' 'And that's going to take years, actually.'
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
'We often celebrate scholastic excellence while ignoring the majority of students who aren't there yet,' Pratham CEO Rukmini Banerji tells Geetanjali Krishna. 'It's time we celebrated the bottom.'
'At a time when the economic situation in the country warrants the closest attention of the government, India can ill afford a situation where the citizenry and the government enter into confrontation on the roads'
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
This is the first deal for artillery guns since the Bofors scandal in 1980s.
'We need to have the courage to take a rational look at known facts and act accordingly,' advises Mohan Guruswamy.
The decision to suspend the operations was taken after shutters of the Idamalayar and Cheruthoni dams, part of Idukki reservoir, were opened on Tuesday evening to release excess water.
Mere shuffling of resources or cosmetic changes to prove a point would be counterproductive in the long run, observes Commodore Venugoptal Menon (retd).
The Bombay Stock Exchange on Wednesday put in place a graded penalty mechanism, with fines starting from Rs 10,000 for brokers who fail to make timely submission of risk-based supervision data and prolonged non-compliance leading to disablement of trading terminals.
Among India's capital-starved local banks, Essar is viewed as too big to fail.
Even as the United States snuggles closer to India with the thinly veiled objective of containing China, the Indian strategy is to avoid alienating either nation.
Last year, Nikhil Kamath and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore
'When a person is capable of infecting 50 others, will you think about the privacy of the person or about protecting the lives of people?'
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
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