Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
The Election Commission of India has annulled the appointment of actor Sonu Sood as Punjab's 'state icon.'
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has slashed its forecast for India's FY23 gross domestic product growth to 8.2 per cent from 9 per cent, saying that higher commodity prices will weigh on private consumption and investment. This was one of the steepest cuts for emerging economies compared to the IMF's January WEO forecasts. Saying that global economic prospects have worsened significantly due to commodity price volatility and disruption of supply chains caused by the war in Europe, IMF cut its global growth outlook for calendar year 2022 to 3.6 per cent from 4.4 per cent, and said both Russia and Ukraine could experience large GDP contractions.
More Indians searched for cricket tournament Indian Premier League (IPL) this year than coronavirus
The study highlights the critical need for people to comply with face mask use, social distancing, and other COVID-19 prevention guidelines as advised by the public health authorities.
India reported less than one lakh new coronavirus infections after a gap of 63 days, while the daily positivity rate dropped to 4.62 per cent, according to the Union health ministry data updated on Tuesday.
A home ministry official said while 9,000 Tablighi Jamaat members and their primary contacts have been quarantined till now across the country due to "massive efforts" to check the outbreak, the Centre has written to all states and union territories that "the lockdown measures should be implemented in letter and spirit".
In addition to this, two more repatriation flights -- one each from Singapore and Manila ( Philippines) -- are expected to arrive in Mumbai on Sunday.
Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.
Uber on Tuesday said it is laying off about 600 employees in India -- about a quarter of its staff in the country -- as business has taken a major hit amid the COVID-19 pandemic. The development comes days after rival Ola had announced laying off 1,400 people from its rides, financial services and food business.
India cricket captain Virat Kohli and fast bowler Ishant Sharma heaped praise on Delhi Police for the work they have been doing in the fight against the coronavirus pandemic. Kohli lauded the Delhi Police for helping those who have been the worst hit by the virus outbreak, especially the poor sections of the society, including migrants and daily wage workers.
The total number of positive cases has increased by 106 in the last 24 hours to reach 1,024.
Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges.
Government sources said the ministers deliberated on various arrangements being made to deal with increasing cases of coronavirus cases as well as to ensure adequate supplies of medicine and essential commodities during the lockdown.
Fitch Ratings has revised India's GDP growth estimate to 12.8 per cent for the fiscal year beginning April 1 from its previous estimate of 11 per cent, saying its recovery from the depths of the lockdown-induced recession has been swifter than expected. In its latest Global Economic Outlook (GEO), Fitch said revision is on the back of "a stronger carryover effect, a looser fiscal stance and better virus containment." "India's second half of 2020 rebound also took GDP back above its pre-pandemic level and we have revised up our 2021-2022 forecast to 12.8 per cent from 11.0 per cent," it said. "Nevertheless, we expect the level of Indian GDP to remain well below our pre-pandemic forecast trajectory."
Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals. In the first five months of CY22, the giant investor has invested $400-500 million in five deals.
India's 24-member shooting contingent topped the medals tally in the first Asian Online Shooting Championship.
The active cases comprise 1.47 per cent of the total infections, while the national COVID-19 recovery rate has increased to 97.20 per cent, the data updated at 8 am showed.
Union health secretary Rajesh Bhushan said 50 districts account for 66 per cent of the total caseload and the COVID-19 case fatality rate has progressively declined to 2.10 per cent, the lowest since the first lockdown was imposed on March 25.
'Their dharma propels them to pay their workers; otherwise, they know the boys would starve.' 'At the same time they will not allow their business to suffer,' observes Dr Sudhir Bisht.
rediffGURU Dr Aarti Bakshi, a psychologist and school counsellor helps you understand and improve your relationship with your child.
Inflation has reappeared as a global issue in both advanced and emerging economies and India needs to be wary of "imported inflation", especially due to high oil prices, according to the Economic Survey 2021-22 released on Monday. "Inflation has reappeared as a global issue in both advanced and emerging economies. "India's Consumer Price Index inflation stood at 5.6 per cent YoY in December 2021 which is within the targeted tolerance band," the survey report presented in the Parliament by Finance Minister Nirmala Sitharaman noted.
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'
Highlights of Economic Survey 2020-21, tabled in Parliament by Finance Minister Nirmala Sitharaman on Friday.
Playing with ten debutants, India came back strongly in the second half to eke out a draw in their first international game since the COVID-19 lockdown last March.
When India's Arif Khan steps into the Beijing National Stadium for the opening ceremony at next month's Winter Olympics it will mark the culmination of a journey over a decade in the making.
Many firms have asked those joining on April 1 to delay their on-boarding by 2-3 months. The outlook for the airline, tourism, hotel, and media industries is bleak too.
The nation in a post-coronavirus future could well look back on the pandemic period as a 'blessing in disguise' if Indians imbibe hand, respiratory and environmental hygiene and practise it in their everyday lives, the minister said.
Vice-Chairman Arvind Panagariya said that India is facing a health crisis that has led to a sudden stop of the economy.
Divyansh Singh Panwar would have gone through an entire gamut of emotions in the last two days of the Asian Games in Hangzhou.
With COVID cases declining, Delhi will see further relaxation in lockdown, including reopening of markets and malls and resumption of metro services, from June 7 while Maharashtra will implement a five-level plan to ease curbs based on weekly positivity rate and occupancy of oxygen beds in districts.
Appealing with "folded hands" for an end to the three-month-long cycle of violence in Manipur, Home Minister Amit Shah on Wednesday urged the warring Kuki and Meitei communities to hold talks, even as the Lok Sabha adopted a resolution calling for the restoration of peace in the northeastern state.
A single format and simpler, uniform rules would have kept the service going. In other parts of the world including in the US, managing demand and capacities along with ensuring preventive measures were an issue, but there was hardly any administrative hurdle anywhere.
India's industrial production rose 19.6 per cent in May 2022, according to the official data released on Tuesday. As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 20.6 per cent in May 2022. In May 2022, the mining output climbed 10.9 per cent, and power generation increased 23.5 per cent.
The ruling Trinamool Congress in West Bengal demanded Railway Minister Ashwini Vaishnaw's resignation over the horrific triple train crash in neighbouring Odisha.
The 'unlocking' comes as COVID-19 cases have seen a steady fall in recent weeks.
However, the number of confirmed cases reported by states rose by over 500 to cross 3,000 with at least 90 dead. While Maharashtra, Telangana and Delhi disclosed several new cases of the deadly virus infection, government officials said the numbers have risen in last few days mostly due to one event -- referring to the Tablighi Jamaat's religious gathering in the national capital attended by thousands of people last month.
The number of active cases has reduced to 17,13,413, accounting for 6.02 per cent of the total number of cases.
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its chief economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant. "If you look at the 2021-22 fiscal year, we have a slight downgrade of -0.5 percentage points and for the next fiscal year 2022-23 we have a slight upgrade of 0.5 percentage points. So, growth for the previous fiscal year is now nine per cent and for this year now is at nine per cent. We moved it up slightly," Gopinath told reporters during a news conference in Washington. In its latest update of World Economic Outlook on Tuesday, the International Monetary Fund has cut India's economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of the spread of Omicron on business activity and mobility.
You can make all the speeches you want, you cannot argue against 39 straight months of slowing, observes Aakar Patel.
