The IHS market said on Friday that the Indian economy is likely to grow again with an increase of 8.9 percent in April 2021 compared to the previous year in economic activity. The National Statistical Organization (NSO) on Thursday predicted that the economy would contract 7.7 percent in the current fiscal year ending in March, […]
The Indian economy is projected to contract 7.7 percent in 2020-21, with growth of 4.2 percent in the previous fiscal year, mainly due to the impact of the COVID-19 epidemic. According to the first advanced estimates of national income released by the National Statistics Office (NSO) on Thursday, almost all sectors except agriculture had a […]
Fitch Ratings said on Wednesday that a rise in government debt globally would cause the market to fall, with developing countries not benefiting from lower interest rates and debt servicing burdens. Global sovereign debt rose from $ 10 trillion to $ 77.8 trillion, or 94% of world GDP, as governments boosted spending on health and […]
The Tower and Infrastructure Providers Association (Taipa) on Tuesday said that to realize the dream of connecting every village to broadband within 1,000 days of Prime Minister Narendra Modi, optical fiber laying needs to be increased almost 4 times. In addition, government projects for emerging technologies such as Smart City, 5G, Artificial Intelligence, Internet of […]
Bitcoin sold heavily in Monday trading as the famous volatile cryptocurrency returned after a spectacular rally. The biggest intraday retreat since March saw prices rise by 17%, erasing the gains made over the weekend. After a parabolic of 2020, the digital currency had started the new year with a bang, reaching a high of $ […]
The New York Stock Exchange said last week that the three largest telecom companies in the Asian country would be removed. According to Bloomberg intelligence analyst Henik Fung, China’s largest offshore oil producer CNOOC Ltd. It may be most at risk because it is included in the Pentagon’s list of companies that own or control […]
According to Agriculture Minister Narendra Singh Tomar, Rabi food production in the country is expected to be better than the previous year’s record of 153.27 million tonnes including wheat in the current year 2020-21. Rabi (winter) crops are under sowing. Rabi sowing begins in October immediately after the harvesting of Kharif (summer) crops. Wheat and […]
Jubilant Foodworks Ltd will invest ₹ 92 crore to buy a 10.76% stake in Barbeque Nation Hospitality Ltd (BNHL), which runs the restaurant’s popular Barbeque Nation (BBQ) chain. “The company will acquire 36,50,794 fully paid up equity shares of BN5 face value in BNHL.” , Said in a regulatory filing on Thursday. The all-cash deal […]
A senior official said that the retirement fund body EPFO on Thursday started crediting 8.5 percent interest rate on the Employees Provident Fund (EPF) for 2019-20 for the six crore members. A senior official told PTI that a large number of Employees Provident Fund Organization (EPFO) members will be able to view their updated EPF […]
The government said on Wednesday that it has approved a Rs 3,000-crore project to convert Pardeep Port into a world-class port by setting up a dock. Ports, Shipping and Waterways Minister Mansukh Mandavia on Wednesday decided to set up a Western dock by the Union Cabinet. “The cabinet has approved setting up of a western […]