UN economists announced a likely USD 50 billion drop in the worldwide manufacturing exports in February alone as the extent of the damage to the global economy caused by the novel coronavirus (COVID-19) moved further into focus. Citing the China Manufacturing Purchasing Manager's Index (PMI), Pamela Coke-Hamilton, who heads UNCTAD's Division on International Trade and Commodities, said that it had fallen to 37.5 -- a drop of about 20 points -- the lowest reading since 2004. "This also correlates directly to exports and also implies a two per cent drop in overall exports," she said, with a resulting "ripple effect" worldwide "to the tune of a USD 50 billion fall in exports."
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
In a multi-pronged attack on the government, Congress chief Rahul Gandhi and Surjewala alleged that it was managing headlines to deflect attention from issues such as the death of 39 Indians in captivity in Iraq.
Case study suggests strategy to offer 'maximum bang for the minimum buck'.
A United Nations security body said on Friday it had given China anti-terrorism advice ahead of the 2008 Olympic Games.
The corona deaths in India so far add up to 91,149 (September 24, 3.26 pm). It is seven-and-a-half times the number of Indian soldiers slain in all the wars (1947, 1961-1962, 1965, 1971 and 1999) in post-independent India's history, observes Ambassador M K Bhadrakumar.
The Pradhan Mantri MUDRA Yojana can lend between Rs 50,000-Rs 10 lakh to small entrepreneurs.
Ambassador T P Sreenivasan bids adieu to an unusual human being who passed away into ages on Saturday.
Dr Balasubramanium, immediate past president of the American Association of Physicians of Indian Origin, was awarded the AMA's Dr Nathan Davis International Award on March 31 for his work in India in helping to institute emergency medical services and trauma centers.
While only the Indian Institute of Management, Ahmedabad (IIM-A) has voiced its concerns so far, the company says it has done so due to the ongoing restructuring of its business
Telekom Malaysia might partner with strategic investors to increase their combined stake in Spice Communications to 74 per cent. The Malaysian giant has 39.20 per cent equity in the telecom company and foreign institutional investors hold 9.59 per cent, taking the total foreign holding to 48.79 per cent.
'If there is one certainty in this visit, it is that Trump does not follow a script. He is unpredictable,' highlights Ambassador B S Prakash.
Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.
He said RSS men were planted in each ministry.
'It was because of the huge selloff in the Indian equities that the rupee fell so sharply against the dollar on Friday.'
Jammu and Kashmir minister Ghulam Hassan Mir, who is in the eye of the storm over a news report that he was paid money by the army's secret unit to topple the state government, on Wednesday said efforts are being made to dent his integrity and demanded a time-bound probe into it.
The main culprit in vitiating the inter community/caste/class relations has been the so called 'targeted' approach. This is nothing but discrimination on the basis of faith/caste/class. When an equally poor and deprived child is denied scholarship, despite equal merit, resentment begins to brew, says Colonel (retd) Anil Athale.
Time opportune, with market buoyancy and entry of new entities
'The Indian side has realised that not talking to Pakistan has not served any useful purpose.'
'My wife has done everything... She has had to give up a lot,' HRD Minister Prakash Javadekar tells Sahil Makkar.
On World Disability Day, in the presence of 150 differently abled soldiers, Lieutenant General P M Hariz, the Southern Army Commander, honoured the late Rediff.com columnist Flying Officer M P Anil Kumar.
The PMO said providing such information "may be a subjective as well as a cumbersome exercise"
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
A United States court has sentenced an Indian oncologist and his wife for using unapproved chemotherapy medications at their cancer institute for three years.
In 2019, the growth in sales of the Maggi brand of products surpassed the pre-ban level of 2014, in terms of both volume and value. While, Nestle raised prices of Maggi products by an average 3.1 per cent, its volume rose by 9.6 per cent year-on-year.
India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.
Though buses and trains plied normally in Bengal and TN, office attendance was less.
India and the US inked a tax information sharing agreement under FATCA which will enable automatic exchange of financial information.
Businesses that are engaged in both taxable and non-GST supply have re-structured themselves into separate entities to avoid elaborate compliance, says Sudipto Dey.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
