Most rating agencies had projected contraction in India's GDP for the first quarter of 2020-21.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
However, some experts, including RBI Governor Raghuram Rajan, have favoured doing away with curbs on gold imports because they lead to smuggling.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
What the labour market statistics of March 2022 show is India's biggest sign of economic distress, points out Mahesh Vyas.
Do you suspect that your partner is cheating on you and want to find out the truth by installing spyware on their phone? Or, perhaps you are a student who wants to get out of an online classroom so you can play an online game with friends? How about some Zoom raiding for a mere Rs 50-100? Or, are you a person who wishes to hack into someone's phone or laptop, and steal their financial details? Crimeware-as-a-Service (CaaS) allows you to do all this and more.
'But one of the important things to remember is that what we are seeing today in India -- the destruction of the forests, the opening up of the forests to mining companies.' 'It's a horrifying thing that's going on.' 'Yet, if you look at who owns the mining companies, you will see that almost always they are vegetarians!' 'They are people, who in their own lives would probably not even hurt an insect, but yet have no qualms about destroying an entire ecosystem.'
The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.
Report says gold being exported by persons of Indian origin and routed through Dubai
'I was living in a fools' paradise, thinking I could win over anyone with my good intentions.'
India's industrial production contracted by 3.6 per cent in February, official data showed on Monday. According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021. Retail inflation rose to 5.52 per cent in March, mainly on account of higher food prices, government data showed on Monday. The consumer price index (CPI) based retail inflation stood at 5.03 per cent in February.
'I welcome Droupadi Murmu as the first Adivasi woman President of India, but her track record has not been good as a politician and governor of Jharkhand when it came to helping Adivasis,' points out activist Gladson Dungdung.
The ministry of statistics and programme implementation on Friday released quick estimates of the Index of Industrial Production (IIP) which showed the index value at 88.4 in May against 53.6 in April, indicating a graded pickup in industrial activity. The index stood at 135.4 in May 2019.
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
Last month, Barun K Gorain, a non-resident Indian with Canadian company Barrick Gold Corporation came to Delhi with a $10-million proposal for suggesting a viable method to recover silver from Barrick's gold mines in Argentina.
Aam Aadmi Party national convener Arvind Kejriwal on Monday promised free pilgrimage to various religious centres, including Ayodhya and Ajmer Sharif, if his party is voted to power in Goa in the assembly polls due in next February, which he said is a 'third guarantee' being given by AAP to Goans.
All stakeholders in the diamond industry chain from mines to retailers have to follow a system of warranty under which they have to individually declare in the invoices they issue that what they have sold are not conflict diamonds.
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
'I don't let it affect my life because otherwise, we will go mad.'
Prime Minister Narendra Modi on Wednesday called for focus on 'repair and prepare' as the nation emerges out of a devastating pandemic. "Over the past year, we have witnessed a lot of disruption in different sectors. Much of it is still there. Yet, disruption does not have to mean despair," he said at VivaTech Summit. "Instead, we must keep the focus on the twin foundations of repair and prepare," he said referring to the need to augment healthcare infrastructure in the country as well as prop up the economy.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Lieutenant General Walter Anthony Gustavo Pinto was known for his dynamic, bold and aggressive leadership in the Battle of Basantar during the 1971 War. Lieutenant General B T Pandit -- who was awarded a Vir Chakra for his courage during that battle -- salutes the Victor of Basantar who passed into the ages last week.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
'Sasi Annan did far more right than wrong in his life.' 'I, and a great many others who appreciated his kindness and thoughtfulness, mourn for him and wish him godspeed and sadgati.' Rajeev Srinivasan pays homage to a noble soul.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
'As a donor, you may think you are saving one life. But you touch the lives of the entire family and community associated with the person. And it only cost you a few hours of your life.'
'Within and outside their homes, all married women in this region must cover not only their heads, but in some cases, faces too,' discovers Geetanjali Krishna.
'Bommai's predicament is pathetic right now because deep inside he is not like this, but to remain in power he has to talk and speak against his own conscience.'
'When a young Indian family who had recently moved into my locality found out that I live here, the lady volunteered to send food; she said that since she was going to cook for three people anyway, she had no problem cooking for me as well.' 'Thanks to her kindness, I get one home-cooked meal every day.'
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Data mining with the object of ensuring that resources are properly deployed to legitimate beneficiaries is a valid ground for the state to insist on the collection of authentic data
Bad loans, however, continued to rise in the micro, small and medium enterprises category
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
India's development plans, requiring 11 million hectares of land over the next 15 years, is likely to stoke tensions
According to the decision, such entities can now first operate through e-commerce and then open brick-and-mortar stores.
Most of the economic activity in the country had come to a standstill after the government imposed a 21-day nationwide lockdown beginning March 25 to check the spread of coronavirus.
Desolate streets with security personnel and a communications lockdown has left the Valley cut off from the world.
Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.
