BJP Companies India Industries Jobs Market Opinion

Union govt led by Modi’s 2020-21 economy contracted 7.3 % worst in the 40 years

India’s economy contracted during the first half of FY21.   The Indian economy rose by 1.6% in the January to March quarter (Q4 FY21) from the previous year   But contracted by 7.3 per cent for the entire fiscal year, which was the worst in more than 40 years, data released by the government showed Read More…

Banks BJP DMK India Industries Jobs Market

India inflation reaches 5.03% mounts pressure to Modi government for Fuel tax cut

India’s retail inflation surged to a three-month high of 5.03 per cent in February, as against 4.06 per cent in the previous month, as petrol and diesel prices rose sharply.  While the consumer price index-based fuel and light inflation rate stood at 3.53 per cent in the month compared to 3.82 per cent in January.  Read More…

BJP Corona Virus India Jobs Market Opinion

Indians Job Loss resulted 13 Lakhs Crores Rs income during Pandemic : UBS Securities

Economists at UBS Securities India led by Tanvee Gupta Jain said the economy could slow by mid-2021 as households that lost incomes during the pandemic could drag consumption with a lag   Households have lost a whopping Rs 13 lakh crore of their incomes from the pandemic-induced job losses, according to a report that also Read More…

China India United Kingdom

China ahead of its mission , UK overtakes and India relegate to 6th position : CEBR Reports

India had overtaken the UK in 2019 to become the fifth-largest economy in the world but has been relegated to the sixth spot in 2020.  “India has been knocked off course as a result, after overtaking the UK in 2019, the UK overtakes India again in this year’s forecasts and stays ahead till 2024 before Read More…

Asia Australia & New Zealand Industries Jobs Market

Sans India world biggest RCEP trade pact signed by China Japan Australia & Asean Countries

  China and 14 other countries have agreed to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.   The Regional Comprehensive Economic Partnership, or RCEP, is to be signed Read More…

Bangladesh India Industries Jobs Market World

10.3% fall of economy Reports IMF Indicates we below Bangladesh says Gandhi

The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund had said .   India if put its house properly then is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position Read More…

Canada Corona Virus

7.5$ billion infrastructure funds to Canada people : Trudeau’s

Canada is launching a C$10 billion ($7.5 billion) infrastructure plan that will help the country recover from the coronavirus outbreak and create 60,000 jobs, Prime Minister Justin Trudeau said on Thursday. He told a news conference the fund would invest in clean power, zero-emissions buses, home retro fits, broadband networks and irrigation infrastructure for farmers. Read More…

Banks Companies India Industries Jobs Market Opinion

Former RBI Governor Raghuram Rajan warns India’s drastic GDP fall

A week after India reported a significant contraction in its GDP during the April-June quarter of 2020-21 fiscal, former Reserve Bank Governor and noted economist Raghuram Rajan has said that the negative GDP growth numbers should alarm everyone.   Emphasising on the importance of government relief or support in the given scenario, he pointed out Read More…

India Industries Opinion

Nirmala as the Messenger of God should also answer how 2017-2019 mismanagement happened : P.Chidambaram

Nirmla Sitaraman on Thursday had said the economy has been hit by the pandemic, which is an ‘Act of God’, and it will see a contraction in the current fiscal.   Taking a swipe at Sitharaman over the remarks, Former Finance Minsiter and Congress Senior leader P.Chidambaram said, “If the pandemic is an ‘Act of Read More…