Currently more than 95 per cent of America's 330 million population are under a stay-at-home order and over 22 million Americans have applied for unemployment benefits.
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
Jet fuel (ATF) price was on Monday hiked by a steep 56.5 per cent and that of non-subsidised cooking gas LPG by Rs 11.5 per cylinder on the back of firming up of international oil rates, but petrol and diesel prices continued to remain on freeze for a record 78th day. Aviation turbine fuel (ATF) price was hiked by Rs 12,126.75 per kilolitre (kl), or 56.5 per cent, to Rs 33,575.37 per kl in the national capital, according to a price notification by State-owned oil marketing companies.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
Mukesh Ambani-led Reliance Retail is looking to cut operational costs by renegotiating property rentals downward by 20-25 per cent for existing as well as new stores, a top official of the company said on Friday.
The escalating trade war between China and the US could be an opportunity for India.
The retail selling price of petrol at Delhi would come down by Rs 1.82 a litre.
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
"Now is the time for countries with room in their budgets to deploy -- or get ready to deploy -- fiscal firepower. In fact, low interest rates may give some policymakers additional money to spend," new IMF chief Kristalina Georgieva said.
Juventus rehire Allegri.
The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.
The Indian economy appears to have slowed down in 2018-19 due to lower private consumption, tepid growth in fixed investment and muted exports, a finance ministry report has said.
In terms of industries, 22 out of 23 industry groups in the manufacturing sector showed positive growth during July 2018.
In his report, Justice Liberhan said the senior police officers were at hand to ensure that their men toed the line and that the demolition of the disputed structure was allowed to go ahead with "military precision as orchestrated by the leaders present at the spot and carried out by their henchmen."
'At this age we all know that death is inevitable, but everyone wants to die with dignity.' 'The judges have given the answer.'
Middlesbrough moved away from the relegation zone with a 1-0 win over fellow strugglers Hull City thanks to a second-half header from midfielder Gaston Ramirez in the Premier League on Monday.
Inflation in food articles was at 0.87 per cent in April 2018, as against a deflation of 0.29 per cent in the preceding month.
Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.
'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.
Since its entry in 2016, Netflix has announced over 60 titles to be sourced from India.
While it made sense for Capt Amarinder Singh to support the Gandhis since none of the 23 'rebels' had any mass base, the truce was important for his ambition to lead the party in the February 2022 state elections. Archis Mohan reports.
The number of infections in America has crossed 500,000, the highest in the world
RBI had previously cut repo rate by 0.25% each in January and March.
The bank will give 3.25 per cent interest on savings bank deposits with a balance exceeding Rs 100,000. At present, the interest rate is 3.5 per cent.
In its 13th season, the reality series -- known for getting its kicks by throwing a bunch of wayward celebrities and argumentative commoners under the same roof while numerous cameras capture their every single move -- continues its downward spiral, feels Sukanya Verma.
RBI lowers GDP forecast for FY16 to 7.4%
Pranabda hasn't given us any indication of the tough period when he realised Sonia Gandhi had decided to give the presidency not to him, but to then vice-president Hamid Ansari. He wrested the presidency from her, and handed her the biggest defeat of her UPA years, observes Shekhar Gupta.
'It is not simply demonetisation or GST, it is this government's failure to manage the financial sector crisis.'
Moody's Investors Service on Friday slashed its estimate of India's GDP growth during the 2020 calendar year to 2.5 per cent from an earlier estimate of 5.3 per cent, on account of the rising economic cost of the coronavirus pandemic.
During February 2019, the highest number of 236,000 jobs were created in the 22-25 years age group, followed by 209,000 in the 18-21 years age bracket.
Issuing guidelines for enhanced disclosures by CRAs, the watchdog has called for having a uniform Standard Operating Procedure in respect of tracking and timely recognition of default.
These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.
The PM is keen to fill 40 per cent of joint secretary level openings with outsiders.
Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively.
It looks as if competing political parties in Tamil Nadu have not grasped the full impact and import of a sizable section of voters possibly staying away from voting -- voters, supposedly with a predictable polling pattern -- owing to the Covid second wave and more so, how it could affect the outcome in individual constituencies and even booths, says N Sathiya Moorthy.
'The babus in Delhi are not able to understand the pain industry is facing.'
TCS was the biggest loser in the Sensex pack, sliding 3.17 per cent, followed by HCL Tech, Yes Bank, IndusInd Bank, RIL, ICICI Bank, Infosys, Tata Steel, Kotak Bank and L&T, down up to 2.34 per cent.
SBI said it could give discount to new housing credit seekers and might cut home loan rates. SBI is currently offering home loans at 12.75 per cent on fixed interest rate basis. The floating interest rate ranges between 10.75-11.25 per cent.
A drive through a long endless dark tunnel best describes the journey of India's auto sector in 2013, during which the industry witnessed record spell of decline in sales, vehicle recalls and strikes.
'I try to say to myself, 'Don't cry in front of people'. But sometimes I can't help it.'
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