When the lockdown was lifted last year, Rasikbhai Kotadiya, who runs a powerloom unit in the Kim-Pipodara industrial area on the outskirts of Surat, was left with only four workers out of the 48 that he used to employ to run his 128 looms. Though the economy had been unlocked, his textile unit, and that of thousands of others, struggled to resume operations. By the last week of May, nearly 700,000 of Surat's 1.2-1.5 million migrant workers, left high and dry with no pay during the lockdown, had returned home. In Laskana, another textile weaving hub in Surat, the powerlooms were all but silent, with only 2,000 of the total 55,000 looms churning out grey cloth at a snail's pace.
It is always adivsable to file income tax returns on time.
With India's GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government's actions are bearing fruit. In a tweet, Vedanta chairman Anil Agarwal said, "Q2 #GDP numbers show that economy is recovering. Government's efforts on stimulus and reform are showing results. Hopefully, we will have positive growth in H2 FY21 and double digit growth in FY22."
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
Former India pacer Ajit Agarkar has been appointed as the chairman of the selection committee for the senior and under-23 Mumbai men's team by the Mumbai Cricket Association.
The UFTA is an umbrella body representing 41 associations and unions of goods and passenger segments, including trucks, buses, autos, tempos, maxi-cabs and taxis plying in the Delhi-NCR region.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The elephant, Laxmi, was traced to Yamuna Khadar area. Its mahout, Saddam, has been arrested
Five children were killed and another was critically injured in east Delhi when a wall collapsed on Wednesday morning, fire brigade officials said.
As the national capital reported 93 new cases taking the total number of infections to 669, Chief Minister Arvind Kejriwal held an emergency meeting with senior ministers and top officials of the Delhi government Wednesday evening and took a series of decisions to check the spread of the virus.
Defending champion Indian Railways has been drawn in Group A along with Maharashtra and Kerala in the 2nd Hockey India Senior Women National Championship to be held in Bhopal from October 14 to 23.
By the time the security failure is discovered and fixed, the damage is already done. A CIO survey by Forcepoint and Frost & Sullivan found that 69 per cent of Indian organisations were at risk of data breach. Whenever there is data breach, there is a potential disaster waiting to happen.
Clashes erupted on Sunday night between locals and police in East Delhi -- with a mob torching a police booth and over half a dozen vehicles -- following the "rumour" of the death of a man who reportedly fell off his scooter at a police picket. The rioting took place in Mayur Vihar Phase-III at around 7.30 pm. Police lobbed tear gas shells and used force to disperse the crowd. Some locals and policemen suffered injuries in the clash.
The city administration is all geared up for the big day and preparations are in full swing to present the 'best face of Agra'.
A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9% interest rate would, under the Rs 3.5 lakh interest exemption, will save Rs 105,000 in tax in the first year, against Rs 60,000 under the previous interest exemption of Rs 2 lakh.
Various state governments had announced free transportation and accommodation, including West Bengal that ran special metro service for candidates.
Will these names be a part of the Bigg Boss 9 line-up?
Prajnesh Gunneswaran made a stunning return from oblivion as he shocked senior pro Karan Rastogi in the Chennai Open singles qualifiers, on Saturday.
None of the remaining three Indians, including Rohan Bopanna, could make the main singles draw of the Aircel Chennai Open. All of them suffered defeats in the second round of the qualifying event, on Sunday.
Delhi's overall air quality index (AQI) stood at 463 at 11.30 am, according to the System of Air Quality and Weather Forecasting and Research (SAFAR).
Unidentified men opened fire on 2 Delhi Police constables on Saturday evening in the busy Connaught Place area in the heart of the national capital.
Close on the heels of arrest of two prominent Naxals in the neighbouring Thane district on Monday, the Maharashtra Anti-Terrorism Squad on Friday said they have nabbed four more members of the group, including three women, from Pune and Nashik.
The Hazare Team said the Gandhian was on fast and was not even taking water after he was taken to a police facility in north Delhi.
Three more positive cases of novel coronavirus have been reported in India.
Co-host of a brand new television show that takes you to India's most haunted places, Rocky lists five that scared the living daylights out of him.
Manoj Bajpayee chats about the children in his life now -- (daughter) Ava Nayla off screen, and Budhia Singh on screen.
US President Trump and the First Lady held hands as they strolled at the Taj complex and later wrote in the visitors' book. They were also briefed about the history and importance of the monument.
In a gross violation of a Supreme Court order, people in several cities burst firecrackers until at least midnight, two hours after the 10 pm deadline. Loud bangs rent the air in New Delhi.
If the Direct Taxes Code Bill does not undergo further changes, employees in the lower tax bracket will get more retirement benefits, provided they opt for a higher basic salary.
Adapted from their TV show 'Highway on my Plate', anchors Rocky and Mayur have written an Indian guide to roadside eating of the same name. With Holi around the corner, we bring you an excerpt on how to celebrate it in style.
Get Ahead readers suggest how we can avert tragedies related to drinking and driving cases.
Hema Malini directs her second film Tell Me O Khuda after gap of 16 years.
The 31-year-old captain has 6,000 flight hours and the co-pilot more than 5,000 flight hours, the statement said.
Readers share their travel photos with us. You can share yours too.
More than 150 people are still under treatment in various hospital of the city, police said, adding that more people have been admitted to the hospitals overnight.
With the Budget just a little over a week away, the Indian realty sector has lined up its wish-list which include a tax holiday under Section 80-1B for affordable housing, promoting real estate mutual funds and clarity on introduction of a real estate regulator, among others.
Asin joins a long list of actresses, who married rich businessmen!
Twelve Maoists were on Tuesday gunned down in an encounter with the police in Palamau district in Jharkhand.
The International Kite Festival got off to a flying start on Tuesday January 11 with more than 100 participants from different countries displaying their skill at the police ground in Shahibaug area of Ahmedabad, Gujarat.
Amitabh Bachchan, Shweta Tiwari and Sachin Tendulkar, who were at the first, third and fifth place in 2006, respectively, were not among the top five in 2008.
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