'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.
The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
However, despite the surge, the average income of banking correspondents has taken a beating due to the low value of transactions.
Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.
But Font believes Messi's love for Barcelona, who he joined aged 13, is so deep that he could lower his salary demands in order to stay.
He cited demonetisation, 'wrong' GST and the lockdown as three examples of government's attempt to destroy the informal sector, that provides 90 per cent jobs to people.
Biden's proposal also sets aside USD 20 billion for a national vaccination programme and USD 50 billion to scale up coronavirus testing.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
Unemployment rate is increasing all across the world due to the economic crisis and global uncertainty.
'The India-Pakistan relationship is in a deep freeze, though it could be a lot worse had there not been a new LoC ceasefire a year ago.' 'The India-Pakistan relationship will only start to thaw if the Pakistani military decides it's prepared to push for detente.'
The report says, the emerging markets continue to have uneven performance but India recovers from decelerating growth. Narendra Modi government, it added, continues business-friendly growth reforms, the economy grows at 6 per cent and the market rises 20 per cent.
Fighting Nandan Nilekani to extend his record winning streak in Lok Sabha polls here, senior Bharatiya Janata Party leader Ananth Kumar says the former Infosys chief has committed "hara-kiri" by fighting on a Congress ticket as the party on Sunday symbolises "corruption and scams".
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
Manmohan Singh said Narasimha Rao can truly be called father of economic reforms in India.
Air India announced up to 50 per cent reduction in monthly allowances of its employees, who have a gross monthly salary of more than Rs 25,000.
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa. "This is because debt sustainability depends on the 'Interest Rate Growth Rate Differential' (IRGD) i.e. the difference between the interest rate and the growth rate in an economy. "With the Indian context of potential high growth, the interest rate on debt paid by the Indian government has been less than India's growth rate by norm, not by exception," it said.
Igniting a new power showdown with Republicans, Obama vowed to fix the economic system alone to 'help the middle class.'
Given that Bebe grew up in a orphanage and recalls playing youth football matches without eating, it is easy to see why he identifies with the proud yet humble club.
The US dollar strengthened against the world currencies after the Turkish lira dived almost 8 per cent, sparking a sell-off in global markets.
The US president had in past expressed dismay with the $2.3 trillion package that Congress passed Monday, which includes $900 billion in coronavirus relief and $1.4 trillion to fund the government until October, conflating the two bills and saying the spending goals were misguided.
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
All Pakistani moves towards peace will be seen as tactical compromises, to be abandoned when the situation changes, observes Colonel Anil A Athale (retd).
Singh highlighted eight specific areas for cooperation between India and China.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
A number of things need checking and for good reason. Read on to know why, so that you don't have regrets later.
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
Noting that the situation on the ground was "very difficult", the Congress leader said it was high time the prime minister announced a relief package for the poor and a financial stimulus for the economy.
'The politics of Goa is moving around a sole entity, which is land.'
Equities shed superior valuations vis--vis most emerging markets
The president said he will be signing a number of executive orders over the next several days of the week.
'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
Finance Minister Arun Jaitley has announced an allocation of Rs 200 crore (Rs 2 billion) for building Sardar Vallabhbhai Patel's statue in Gujarat.
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
Countries such as Pakistan, Indonesia, Kazakhstan, and Sri Lanka have a lower unemployment rate compared to India.
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
No longer in eye of storm, but uncertainty still abounds over India on several scores.
Bharatiya Janata Party President Rajnath Singh on Tuesday said that the United Progressive Alliance's wrong policies, wrong methods, wrong implementation and corruption are the reasons behind the economic crisis that has engulfed the country.
'It may take two years for the economy to return to normal.' 'We should ensure that the vulnerable do not dig into their savings or give up their assets because that will set them back by several years.'
