Barring rice, spices, iron ore and pharmaceuticals, all the remaining 26 key sectors registered negative growth in May. Imports too plunged 51 per cent to $22.2 billion in May.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
The remaining two One-Day Internationals between India and South Africa will be played in empty stadiums following an order by the government to combat the spread of coronavirus. While the Uttar Pradesh Cricket Association (UPCA) confirmed that Lucknow ODI will be held behind closed doors, the Cricket Association of Bengal (CAB) has also put ticket sales on hold with immediate effect, an indicator of things to come.
Now, these spouses can be employed in the United States while on an H-4 visa. In many cases, these spouses will now begin working or starting their own companies
Trump paid no income taxes at all in 10 of the previous 15 years largely because he reported losing much more money than he made, the report said. The US president immediately dismissed the report as 'totally fake news'.
The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:
Trent Boult and Tim Southee have exposed the chinks in Prithvi Shaw's armour but India captain Virat Kohli is ready to wait and watch before any corrective analysis as he does not see a pattern in the young opener's dismissals so far. There are a few shortcomings that experts have noticed in Shaw's batting after the 20-year-old right-handed batsman scored just 16 and 14 in the two innings of the first Test against New Zealand in Wellington, which India lost by 10 wickets.
'Mere fundamentals will not do the trick,' cautions former commerce secretary Rahul Khullar.
Of the 200 to 250 students who enroll in a graduate language course at Doon University annually, nearly all are assured placement in a range of companies like Amazon (France), AXA Insurance, Oracle and Capgemini.
Factory growth picked up in May.
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Since the early 1970s, the Tatas have presence in the city-state.
Making a strong pitch for greater connectivity with the diaspora youth, Overseas Indian Affairs Minister Vayalar Ravi on Tuesday said partnerships between young Indians in the country and those residing overseas in industry and social sectors would create jobs and bring prosperity.
If solutions are not found, adequately and in good time, things could simply slip out of everyone's hands, warns N Sathiya Moorthy.
Students who have received admission to foreign universities are struggling with unexpected delays, additional living costs and scarcity of vaccine supplies.
'The anonymous electoral bonds means that political affiliations will be even harder to ascertain for the voter or the minority shareholder.' 'The government of the day will, of course, know, exactly which corporate is making donations to which party.' 'Hence, the government will be in a wonderful position to exert "moral pressure" on corporates which make donations to Opposition parties.'
The government on Monday said it proposed to issue smart cards in about a month's time and set up a 24-hour helpline for migrant Indian workers to protect them from 'exploitation'.
Issuing a travel advisory, the health ministry also called for passengers with travel history to China, Hong Kong, Republic of Korea, Japan, Italy, Thailand, Singapore, Iran, Malaysia, France, Spain and Germany to undergo self-imposed quarantine for a period of 14 days from the date of their arrival, and their employers to facilitate work-from-home for such employees during this period.
The company has been struggling to keep its sales momentum in the domestic market due to a slump in demand.
The Centre on Monday told the Supreme Court that the Election Commission's recommendation to extend voting rights to NRIs through postal ballots has been accepted in letter and spirit.
The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit at $50 billion
Teja is among the 12 personalities from the Telugu film industry summoned by the SIT.
Currently, players from outside the EU must gain work permits and pass a series of qualification tests to get a "governing body endorsement" and work permit.
While Congress leader Sam Pitroda says it was Priyanka's own decision, party spokesperson Rajiv Shukla says it was Rahul's call.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
SSA Global, the world's fourth largest enterprise solutions provider, plans to hire 100 engineers in India in the next 12 months and use expertise of Indian software services providers for projects overseas.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
The hostile environment towards outsiders under the Trump government is a major reason, say experts.
The South Africa fast bowler said he had made the difficult decision to sign a four-year contract with Hampshire to ensure his financial security.
'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
A weak US dollar in overseas markets was the main reason for the rupee's rise even as losses in domestic stocks and some fag-end dollar demand from importers prevented further gains
Silver also remained under selling pressure.
Traders said increased selling by stockists, tracking a weak trend overseas as investors awaited US employment data that may show the economy is strengthening, mainly dampened the sentiment.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
While business, humanities and engineering programmes at the undergraduate level start at 10,000 (annually), candidates should make provision of 8,000-12,000 (approx Rs 6 lakh to 10 lakh) towards living expenses annually, says Sushil Sukhwani.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
