The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report. The country's economy had contracted by 7.3 per cent in fiscal 2020-21. The agency said the outlook for the Indian economy on almost all counts in FY22 would look seemingly better than FY21 on account of the negative base effect.
At present, the railway services in Kashmir operate between Banihal in Ramban District and Baramulla only.
In the 2021 QS rankings announced in London on Wednesday, IIT Bombay continues to be the best-ranked Indian institute at 172, a 20-slot dip from the 2020 ranking.
Giving a relief to exporters community, the government on Thursday said it will release Rs 56,027 crore to exporters against pending tax refunds under different incentive schemes for outbound shipments. The amount will be disbursed to more than 45,000 exporters. Briefing the media about the decision, Commerce and Industry Minister Piyush Goyal said that the Rs 56,027 crore, which is being released under various export promotion schemes, is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme and Rs 6,946 crore for Rebate of State and Central Levies and Taxes (RoSCTL) Scheme already announced.
Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
'The classic thing we need as a country is the virtuous cycle where you have robust demand which leads to more capital spending which in turn leads to more job creation and more money in the hands of people.'
US President Barack Obama said there is natural convergence between India and the United States.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
The minister assured the families that the people would be airlifted as soon as possible.
'Guarding the borders in extreme weather conditions is not easy and most people don't realize it is a very tough job.'
In photos: Priyanka Chopra as Assam Tourism's new ambassador.
Of the total trains, 2,875 have terminated, while 401 are in transit. The top five states and union territories from where maximum trains originated are Gujarat (897), Maharashtra (590), Punjab (358), Uttar Pradesh (232) and Delhi (200).
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
'Family businesses have to put competent people in charge who believe they can get to the top.'
'If you don't remove the glass ceiling, you won't get the best talent.'
Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.
When humanity's away, the animals will play. With much of the world driven indoors to quarantine during the coronavirus pandemic lockdown, some species not often seen -- or, at least, rarely in such large numbers, and certainly not against such empty backdrops -- are exploring cities across the globe. We must sadly report that though there have been many circulating on social media, many of these optimistic posts have turned out to be fake -- there were no dolphins in Venice's celebrated canals, or drunken elephants ambling through China's Yunnan province. However, there are some other instances where animals have, in fact, come out to explore city streets.
Demand for repeal of the act found echoes in the nation's Parliament with National People's Party (NPP) MP Agatha Sangma, a former Minister in the United Progressive Alliance government, terming the act as 'the elephant in the room which (needs to) be addressed' and seeking the 'draconian' Act be repealed.
Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.
Jaitely's statement comes amidst the escalating tension between Indian and Pakistan.
The US has already eased the procedure for issuing visa to attract a million Indian tourists by 2015
