India's Finance Minister Nirmala Sitharaman gestures during a photo opportunity in New Delhi, India. Reuters
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi: Amid the rising mercury levels in India’s capital, the peak power demand touched 6,612 megawatt (MW), highest for the season and up by about 3,000 MW from the peak power demand recorded in the city in 2006. The power demand of the city had crossed the 6,000 MW mark last week and has been rising since then.
New Delhi/Mumbai: A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages. Economy watchers contend that subdued food prices coupled with growth concerns allows RBI
The COVID-19 pandemic has created the largest disruption to education in history and prolonged school closures could further entrench inequalities in access to learning.
The post COVID-19 world will be very different from the world we knew in 2019. The global economy will have to be rebuilt, consumer confidence will have to be restored and medical facilities in every country will have to be reviewed.
The five BRICS nations have called for improving the environment and promoting a circular economy in national plans as steps towards recovery in the fight against COVID-19.