The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
Airlines worldwide will continue to be in the 'red' because of the global meltdown and may take more than three years to recover, an international aviation group said warning that the epicentre of the crisis is now in Asia.
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
The Delhi high court on Friday directed the Delhi government and the police to ensure that the number of Afghan nationals, protesting outside the UNHCR office in New Delhi and seeking refugee status, is suitably reduced and they strictly follow Covid-19 appropriate protocol.
India on Monday sought comprehensive reform of international financial institutions to enable enhanced capital flows and infrastructure investment in developing markets, which it said will strengthen recovery from the worst global economic crisis since 1945.
Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.
Cancellation of at least Rs 3,000-crore worth of business has happened in the past few weeks.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
Iran's President Mahmoud Ahmadinejad on Friday accused the United States of killing people in "large numbers and in organised ways" in Afghanistan, Iraq and Pakistan and also blamed the UNSC for the crisis in the Middle East.
Arjun Bhati has managed to raise 4.30 lakh to fight the COVID-19 pandemic by selling all his trophies, including three world junior golf championship titles and a national championship. Meanwhile, chess players in the country, including the likes of Grandmaster P Harikrishna, are doing their bit in the fight against the Covid-19 by raising more than Rs 3 lakh as their contribution.
While there is a shortage of testing kits, manpower and capacities, India does not have other scalable testing options.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
The Taliban have been known for using violence to force the people to accept their agenda and views, he added.
Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'
The senators also said that Pakistan should end support to terrorism and refrain from taking any steps that could destabilise Kashmir.
About 2,000 Indians are living in Iran, a country that has witnessed increasing numbers of coronavirus cases in the last few days. According to latest reports, 237 people have died of the coronavirus infection in Iran while the number of positive cases stands at around 7,000.
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
England football team to donate to NHS
Smith was stripped of the Australian captaincy on Sunday and suspended for one Test by the International Cricket Council after admitting a team plot to tamper with the ball in the on-going third Test against South Africa at Newlands.
The leadership needs to put all other government business aside, control the pandemic and save human lives. Searchlights are going to be held by the world community in the weeks and months ahead as the fatality rates start shooting up and Indians die like flies, warns Ambassador M K Bhadrakumar.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
United States Secretary of State Antony Blinken has said that he had a productive meeting with visiting External Affairs Minister S Jaishankar during which they discussed the bilateral ties, COVID-19 relief efforts, India-China border situation and Afghanistan and vowed to work together to address areas of shared concern.
Off-spinner Harbhajan Singh, who made a memorable comeback to international cricket by helping India thrash England in a World Twenty20 group league match in Colombo dedicated his man-of-the-match award to his mother and close friends who stood by him in his hour of crisis.
The Merseyside club have suffered defeats in three of their past four Premier League matches
'Two years ago I told Sonia Gandhi and Rahul Gandhi that we have traitors in the Congress.'
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
'...but from those who control the narrative.' Powerful nations have mastered this art of narrative building. Those nations who aspire to become global powers must do so, observes Shanthie Mariet D'Souza.
'Qatar has been funding and supporting terrorist organisations.' 'It has used its media to spread lies and create unrest in neighbouring countries.'
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Amid the crisis has risen an outpouring of empathy from ordinary people across India led by the civil society, who have stepped up to help migrant labourers, domestic helps, construction workers, and small scale workers who were left jobless because of the nationwide lockdown.
Favouring a 'new Bretton Woods Agreement', International Monetary Fund chief Dominque Strauss-Kahn has said an early warning system to detect impending dangers to the world economy must be put together by international financial expertise.
Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
Danish Siddiqui hopes to keep coming up with compelling stories that help him "sleep peacefully at night".
IOC 'suspends discussions' with India for hosting global events
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
