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Latest Articles in Economy

India's GDP Growth Likely To Be At 8.5-9.0% in FY22: SBI Report

However, the estimates from the state-owned (SBI) are less than what the Reserve Bank of India (RBI) had predicted i.e. 9.5 per cent. Also, the state-owned bank in its report added that with 20.1 per cent growth clocked in Quarter (Q) 1 of Fiscal Year (FY) 22 "it (FY22 GDP growth estimate) has now come down to 9.3 per cent."

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Finance Ministry Collects Rs 1,12,020 Cr of GST Revenue In August

Talking about the revenue from domestic transactions which includes import of services in August this year, it is 30 per cent extra as compared to revenue of the same month in 2020. Even as compared to the August revenues in 2019-20 of Rs. 98,202 crore, this is a growth of 14 per cent.

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Delhi Receives Record Rainfall In 12 Years; Traffic Movement Disrupted

The weather stations at Lodhi Road, Ridge, Palam, and Ayanagar recorded 120.2 mm, 81.6 mm, 71.1 mm and 68.2 mm rainfall, respectively, in the 24 hours ending 8:30 am.

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US Court Dismiss Yatra Online's Claims For Damage Over EBIX Merger

Yatra’s suit was dismissed because it had forfeited its right to pursue breach of contract claims when it pulled out of the merger.

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Union Home Secretary Ajay Bhalla Assigned Additional Charge As Secretary DoPT

A 1984 batch senior IAS officer, Bhalla handled charges of being the Secretary Power and have succeeded Rajiv Kumar Gauba on August 2019.

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DU Approves Implementation Of NEP From 2022-23 Session

The multiple entry/exit scheme (MEES), where students will be able to enter and exit the programme at various stages, and Academic Bank of Credit (ABC) were also approved in the meetings held last week.

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India Announces First Formal Meeting With Taliban

India has long had concerns about the Taliban because of the group's close ties to arch rival Pakistan. The foreign ministry said the two sides discussed the safety of Indians left behind in Afghanistan.

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Indian Growth Jumps In April-June, Helped By Looser Pandemic Curbs

The expansion nevertheless fell short of the 21.4% predicted by the central bank, which some analysts said would make the Reserve Bank of India (RBI) more likely to retain its accommodative stance until at least year-end.

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Withdrawal From Afghanistan Best Decision For America: Biden

After more than USD 2 trillion spent in Afghanistan -- a cost that researchers at Brown University estimated would be over USD 300 million a day for 20 years in Afghanistan -- for two decades

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April-July Fiscal Deficit At 21.3% Of Rs 15.07 Lakh Cr: Union Govt

The Union Government has transferred a total amount of Rs 1,65,064 crore to state governments as a share of taxes as of July 2021, said the Ministry of Finance.

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Improving Supply Is A Key Area For Agritech Start-ups

“Doorstop delivery when roads were blocked, with the strictest police patrolling, was a boon to farmers. Some of the rigorous lockdown months also overlapped with the peak harvest season; it was a do or die situation for farmers,“ says Taranbir Singgh, Co-founder of Faarms, delving on the opportunities for agritech in India

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PM Modi Hails Shooter Singhraj Adhana For Winning Paralympics Bronze

The 39-year-old shooter, who is afflicted with polio and was making his Games debut, shot a total of 216.8 to finish the event in third place after qualifying for the eight-man final as the sixth best shooter.

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Centre Releases Rs. 13,385.70 Crore Aid To Rural Local Bodies

"This Grant-in-aid is the 1st installment of Tied grants for the year 2021-22. The grants have been released as per the recommendations of the 15th Finance Commission," informed the ministry in an official statement.

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FinMin Releases Rs 13,386 Cr To 25 States As Grant To Rural Local Bodies

The Department of Expenditure, Ministry of Finance, has on Monday released an amount of Rs 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies

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'China's Surveillance Creep': How Big Data Covid Monitoring Could Be Used To Control People Post-Pandemic

This phenomenon of adopting a system of surveillance for one purpose and using it past the originally intended aims is known as function creep.

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