Bangladesh Indian Subcontinent 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 Indian Subcontinent 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…

Companies Indian Subcontinent Industries Jobs Market

Rahul Gandhi lists three factors Modi did that spoiled Indian economy

Gandhi released the promo of his upcoming video series ‘Arthvyavastha Ki Baat, Rahul Gandhi ke saath’   This means Talk About The Economy with Rahul Gandhi. He said the video series will be available on Monday at 10am.   Congress leader Rahul Gandhi on Sunday announced a new series of videos to talk about the Read More…

Indian Subcontinent 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…

Business Companies Industries Market

Insolvency not initiated for 1 year under IBC : Finance Minister Nirmala

[splco_heading size=”15″ align=”left” margin=”30″]Announcing slew of Economy revival packages today Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 100,000 to benefit MSMEs [/splco_heading]   In a bid to give relief to companies defaulting on loans due to the Covid-19 stress, Finance Minister Nirmala Sitharaman on Sunday said no Read More…

Indian Subcontinent National

Why Modi Silent on treating migrant workers crisis : Opposition questions Modi 8PM Speech

[splco_heading size=”15″ align=”left” margin=”30″]Former union finance minister and Congress leader P Chidambaram lambasted Prime Minister Modi’s announcement of Rs 20 lakh crore stimulus package as a “headline and a blank page” on Wednesday. [/splco_heading]   Chidambaram in his tweet retorted “Yesterday, PM gave us a headline and a blank page. Naturally, my reaction was a Read More…

Business Market Opinion

Nobel Prize economist advice India should not be afraid to print money for people welfare

Abhijit Vinayak Banerjee economist who won the Nobel Prize in 2019 has said India needs to be “much more generous” in providing relief to the millions of people who have been direly hit by the ongoing lockdown.   India’s economy is now expected to only grow between 1.5-2.8% in 2020-21, according to the World Bank. Read More…