Name: Centre to create street vendors profile to extend financial benefits
Uploaded: 2020-10-31T15:56:00.0+05:30
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Description: The Centre has been planning to prepare a socio-economic profile of street vendors to bring them in the net of eligible government schemes, and turn PM SVANidhi into a comprehensive poverty alleviation programme, The Indian Express reported. Under the Centre’s new PM Street Vendors’ Atmanirbhar Nidhi microcredit programme, a loan of ₹10,000 is extended as working capital to street vendors.

The Centre has been planning to prepare a socio-economic profile of street vendors to bring them in the net of eligible government schemes, and turn PM SVANidhi into a

Centre to create street vendors profile to extend financial benefits

The Centre has been planning to prepare a socio-economic profile of street vendors to bring them in the net of eligible government schemes, and turn PM SVANidhi into a comprehensive poverty alleviation programme,&nbsp;The Indian Express reported. Under the Centre&rsquo;s new PM Street Vendors&rsquo; Atmanirbhar Nidhi (SVANidhi) microcredit programme, a loan of ₹10,000 is extended as working capital to street vendors.&nbsp;

The Centre has been planning to prepare a socio-economic profile of street vendors to bring them in the net of eligible government schemes, and turn PM SVANidhi into a comprehensive poverty alleviation programme,&nbsp;The Indian Express reported. Under the Centre&rsquo;s new PM Street Vendors&rsquo; Atmanirbhar Nidhi microcredit programme, a loan of ₹10,000 is extended as working capital to street vendors.&nbsp;

The investors may be been preoccupied with the IPO market but the 50 stock gauge Nifty finally managed to climb the 16000 summit after a long wait. The markets hit a re

Nifty hits 16,000 but the smallcap investors are the ones rejoicing as returns beat the index hollow.&nbsp;

Markets at record high

The investors may be been preoccupied with the IPO market but the 50 stock gauge Nifty finally managed to climb the 16000 summit after a long wait. The markets hit a record high on an otherwise sombre day of trade.&nbsp; Nifty hit 15,000 for the first time on February 5 has tested the patience of investors that have seen the broader markets outperform by a wide margin. The smallcap&nbsp;index has given the investors a 37% return in the time that the Nifty took to reach 16000 from 15k which meant a mere 6.5% return for those betting on the frontline&nbsp;index.&nbsp; The shine in the portfolio belonged entirely to metal stocks with the index giving a 60% return as the Nifty went from 15000-16000. Tata&nbsp;Steel almost doubled! and same was the story for JSW&nbsp;Steel and Hindalco.&nbsp; Markets also took note of tech major Infosys&nbsp;as it's marketcap surpasses Rs 7 lakh&nbsp;crore as stock hit a record high as well.&nbsp; The stock sinking in trade was Vodafone Idea as it dropped over 10% on news reports of Birla looking to offload stake.&nbsp; Investors will know put the focus back on the IPO&nbsp;market with 4 issues opening on Wednesday. Also on the traders' radar will be the RBI&nbsp;policy meeting from 4-6 of&nbsp; this month.&nbsp;

The promoter of Vodafone Idea Ltd and Chairman of Aditya Birla Group, Kumar Mangalam Birla has offered to hand over his Rs 6,000-crore-wor

Kumar Mangalam Birla offers to hand over Vodafone Idea stake to government. Will the govt pick up this call?

Is Govt going to takeover Vodafone? Birla offers to give up stake 

The debt death knell seems to be calling Vodafone&nbsp;Idea.&nbsp;The promoter of Vodafone&nbsp;Idea and Chairman of Aditya&nbsp;Birla&nbsp;Group, Kumar&nbsp;Mangalam&nbsp;Birla&nbsp;has offered to hand over his Rs 6,000-crore-worth&nbsp;stake in the telecom&nbsp;company to the government.
Birla, who owns over 27% stake in Voda&nbsp;Idea, is willing to hand over his stake in order to keep the telco&nbsp;afloat, as per a letter he wrote to Union Cabinet Secretary Rajiv Gauba&nbsp;on June 7.&ldquo;It is with a sense of duty towards 27 crore&nbsp;Indians connected by VIL, I am more than willing to hand over my stake in the company to any entity-public sector/government/domestic financial entity or any other that the government may consider worthy of keeping the company as a going concern,&rdquo; Birla said in his letter.
This highlights a serious concern in the company as&nbsp;Birla offered to give up his control of the company more than a month before the Supreme Court dismissed the company's application for recalculation of the AGR dues.
VIL's debt has increased sharply in the last four years to Rs 1.6 lakh&nbsp;crore as of March 2021 end, from around Rs 37,000 crore in FY16.

The Centre has been planning to prepare a socio-economic profile of street vendors to bring them in the net of eligible government schemes, and turn PM SVANidhi into a comprehensive poverty alleviation programme, The Indian Express reported. Under the Centre’s new PM Street Vendors’ Atmanirbhar Nidhi microcredit programme, a loan of ₹10,000 is extended as working capital to street vendors.

Lok Sabha on Monday passed a bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers. The amendmen

Lok Sabha&nbsp;on Monday passed a bill to amend the general&nbsp;insurance&nbsp;law to allow the government to pare its stake in state-owned insurers.&nbsp;The amendment in the General Insurance Business (Nationalisation) Act, 1972 is to facilitate privatisation of one general insurance company in the public sector which has met a lot opposition from PSU&nbsp;employees as well as other political parties.&nbsp;
The Finance Minister in the Budget 2021-22 had announced a big-ticket privatisation agenda which included two&nbsp;public sector&nbsp;banks and one general insurance company.
As of date, there are four general insurance companies in the public sector - National Insurance Company Limited, New India Assurance Company Limited, Oriental Insurance Company Limited and the United India Insurance Company Limited. Unconfirmed reports suggested that the NITI Aayog&nbsp;had recommended United India Insurance Company as one of the potential candidates for privatisation.&nbsp; Even with bill passed it is unlikely that the sale will be wrapped up in this fiscal year as per experts as&nbsp;given the challenges in identifying suitable buyers and making sure that no downsizing at the public sector outfit takes place, the process is likely to be lengthy.&nbsp;

India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed. The data released by the com

India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed.
The data released by the commerce and industry ministry on July 30 showed that production declined in just one out of the eight core sector industries - crude oil. Positive growth was seen in seven out of eight sectors.
Data released by the industry department showed that the coal sector grew 0.4% from May to June.
Crude oil production continued to contract, falling by 1.8 percent in June. Refinery output and steel production in June eased from double-digit growth in May. 
Cement production rose by a smaller margin of 4.3 percent, while electricity output rose by 7.2 percent in June. Fertilizer production turned positive.

The Union Cabinet on Wednesday approved amendment to the DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of a bank coming under mora

The Union Cabinet on Wednesday approved amendment to the DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of a bank coming under moratorium to ensure timely support to depositors.
The Bill is expected to be introduced in the current monsoon session, Finance Minister Nirmala Sitharaman said, while sharing details about the Cabinet meeting.
Once the Bill becomes law, it will provide immediate relief to thousands of depositors, who had their money parked in stressed lenders such as PMC Bank and other small cooperative bank
&nbsp;

The IMF may not have changed the headline figure of global growth of 6% but the story lies behind the number. The composition of global growth has seen a dramatic

The IMF&nbsp;may not have changed the headline figure of global growth of 6% but the story lies behind the number. The composition of global growth has seen a dramatic change.&nbsp;IMF warns that the fault lines are widening between advanced economies with access to vaccines vs developing economies that are struggling with inoculations.&nbsp; IMF&nbsp;chief Gita&nbsp;Gopinath&nbsp;writes in the outlook report that&nbsp;"Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. By contrast, the forecast for advanced economies is revised up." This trend is evident as&nbsp;IMF&nbsp;sees the US economy driving global growth with a&nbsp;7% print in 2021 and a 4.9% growth in 2022.China as well is projected to see a 8.1% growth followed by 5.7% growth over the next two years.&nbsp; The real concern comes in for&nbsp;India that has seen the largest downgrade to growth now down to 9.5% in the current year and 8.5% the next year.&nbsp; But this is not the worst case scenario,&nbsp;IMF&nbsp;warns that "a double hit to emerging market and developing economies from worsening pandemic dynamics and tighter external financial conditions would severely set back their recovery and drag global growth below this outlook&rsquo;s baseline."
The big worry globally is now the inflation monster and the IMF&nbsp;is hoping that from the Fed to the emerging market central bankers will look through this phase and not act in haste as it states, "Central banks should generally look through transitory inflation pressures and avoid tightening until there is more clarity on underlying price dynamics."
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The unemployment rate in both, rural and urban India climbed up in the week ended 25 July, reversing the proceeds made in a week ago period, fresh data from t

Sharp rise in the&nbsp;unemployment&nbsp;rate in rural&nbsp;areas and a marginal jump in job losses in&nbsp;urban India in the week ended 25 July data from the Centre for Monitoring Indian Economy (CMIE) showed.
The national joblessness rate climbed to 7.14% in the week ended 25 July as against 5.98% in the previous week ended 18 July. However, rural unemployment took a sharp upward turn to 6.75% from 5.1% a week ago.&nbsp;
In comparison, there has been a marginal rise in urban unemployment for the same period. Urban unemployment rose to 8.01 per cent in the week ended July 25, rising marginally from 7.94 per cent a week ago.
The situation in the country&rsquo;s job market continues to be tough as employment opportunities remain slim as ever since the country was hit by the second wave of the pandemic.
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Union Finance Minister Nirmala Sitharaman on Monday said that the government has no plans to print currency notes to tide over the current economic crisis triggered by

Union Finance Minister Nirmala Sitharaman on Monday said that the government has no plans to print currency notes to tide over the current economic crisis triggered by the outbreak of Coronavirus pandemic.&nbsp;
Responding to a question asked by a member of the Lok Sabha about any such plans, Sitharaman said 'No Sir'.
She said the Parliament that India's GDP (Gross Domestic Product) is estimated to have contracted by 7.3 per cent during 2020-21. This contraction reflects the unparalleled effect of the pandemic and the containment measures that were taken to control the pandemic.&nbsp;&nbsp;
Many economists and experts have suggested the government to resort to printing more currency notes to support the economy ravaged by the spread of Covid-19, and protect jobs. However this would stoke inflation as already currency in circulation is near record high of Rs 29 lakh crore&nbsp;as per the RBI&nbsp;data.&nbsp;
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Former Prime Minister Manmohan Singh on Friday said that the road ahead is "even more daunting" than during the 1991 economic crisis and the nation would need to "recal

Former Prime Minister Manmohan Singh on Friday said that the road ahead is "even more daunting" than during the 1991 economic crisis and the nation would need to "recalibrate its priorities to ensure a dignified life for all Indians".
In a statement on the occasion of the 30th anniversary of economic liberalisation, he said that on this day 30 years ago, in 1991, the Congress "ushered in significant reforms of India's economy and paved a new path for the nation's economic policy".
"Over the last three decades, successive governments have followed this path to catapult our nation to a $3 trillion economy and into the league of the world's largest economies," he added.
Manmohan Singh said that he "was fortunate to play a role in this reform process along with several of my colleagues in the Congress party" and "it gives us immense joy to look back with pride at the tremendous economic progress made by our nation in the last three decades".
"But I am also deeply saddened at the devastation caused by the Covid-19 pandemic and the loss of millions of fellow Indians. The social sectors of health and education have lagged behind and not kept pace with our economic progress. Too many lives and livelihoods have been lost that should not have been," the former Prime Minister said.
"It is not a time to rejoice and exult but to introspect and ponder. The road ahead is even more daunting than during the 1991 crisis. Our priorities as a nation need to be recalibrated to foremost ensure a healthy and dignified life for every single Indian."

India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that

India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan on Tuesday.
"We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends. Even the European Union (EU) went to get swap lines from the Federal Reserve.
"We asked for swap lines, that is on public record, we did not get them. Only country who helped us during the taper tantrum was Japan," he said
According to RBI data, the country's foreign exchange reserves swelled by $1.013 billion to touch a life time high of $610.012 billion in the week ended July 2. Read/Watch Also:<a href="https://www.edtr.ai/9vcw" target="_blank"> Global economic indicators | Soaring US inflation, China's growth to halve</a>

Divergence in economic indicators across the globe is getting wider with Covid continuing to haunt some regions while other parts get back to business. Here is a r

Divergence in economic indicators across the globe is getting wider with Covid&nbsp;continuing to haunt some regions while other parts get back to business. Here is a round up of the economic data across the globe-:
US Inflation Worries
<ul>
<li>U.S. Consumer Prices Jump Most Since 2008</li>
<li>Core CPI rose 4.5% from June 2020, largest jump since1991.</li>
<li>Inflation data in the US tops all estimates</li>
<li>As per Bloomberg&nbsp;data, April-June the core CPI increased at a more than 8% annualized rate</li>
<li>Core CPI&nbsp;increase in April-June is the fastest since the early 1980s.</li>
</ul>
China&nbsp;GDP&nbsp;Watch
<ul>
<li>China's economic growth to more than halve in Q2</li>
<li>China expected to post a GDP headline number of about 8 per cent growth (YoY) for April-June</li>
<li>Nomura: Downward pressure on growth will likely increase in H2</li>
<li>Expectation of policy easing rising after reserve requirement was cut&nbsp;</li>
</ul>

Cheer for the economy as the inflation for the month has eased, Consumer Price Index for the month of June has clocked in at 6.26% vs economists' expectation of 6.5%. T

Cheer for the economy as the inflation for the month has eased, Consumer Price Index for the month of June has clocked in at 6.26% vs economists' expectation of 6.5%. This is a drop from the May reading of 6.3%.&nbsp; The slower pace of increase in food inflation and core inflation has suported&nbsp;as a core inflation has also eased from the 7-year high to 6.2%. Food inflation clocked in at 5.1% vs 5% in May and is expected to ease further as monsoon sets in over the country.&nbsp; Inflation though has eased remains above the RBI's&nbsp;comfort level of 6% for the second straight month. So inflation risk is definitely not off the table yet. The other piece of good news comes in fro the IIP as for the month of May the industrial production has soared to 29.3% although on a very low base.&nbsp;&nbsp;

THe June numbers for Consumer Price Index (CPI) will be released today and the price rise worry for the economy is seen rising even further above the Reserve Bank of In

THe June numbers for Consumer Price Index (CPI) will be released today and the price rise worry for the economy is seen rising even further above the Reserve Bank of India (RBI's) comfort zone.&nbsp;&nbsp;Economists see CPI&nbsp;inflation index clocking in at 6.5% for the month of June which would be a notch higher than the 6.3% in May and mark the highest level since November 2020 for the gauge. This will also make June the second consecutive month when retail inflation will be higher than the upper limit of the Reserve Bank of India&rsquo;s tolerance band of 6% Season uptick in food prices, rising petrol prices will add the pressure on the Index though the former is likely to see some easing in July due to the arrival of monsoon but the spike in dairy prices in July will also add the spike back to the graph.&nbsp;Petrol prices have now been up 37 times in the last 70 days reaching record highs across the country and retailing above Rs 100/lt in all 4 metros.&nbsp;&nbsp; 
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The second wave of Covid 19 took a toll on GST collection that stood Rs 92,849 crore for the month of June, the lowest in 8 months. But this is like

The second wave of Covid 19 took a toll on GST&nbsp;collection that stood&nbsp;Rs 92,849 crore&nbsp;for the month of June, the lowest in 8 months.&nbsp; But this is likely an isolated hit on the tax collection and not a reflection of the recovery as&nbsp;the collections are related to transactions pertaining to the month of May during which localised lockdowns had affected the business climate. The govt does not expect to see this downtrend continuing.
The Finance Ministry in it's official release said,&nbsp;"With reduction in caseload and easing of lockdowns, the e-way bills generated during June 2021 is 5.5 crore which indicates recovery of trade and business."

Eyes on the skies for good news as rains continue to be delayed, the Southwest Monsoon has not advanced further since June 19. That however could end soon, expect

Eyes on the skies for good news as rains continue&nbsp;to be delayed, the Southwest Monsoon has not advanced further since June 19. That however could end soon, expect rains to come in as the Monsoon is&nbsp;expected to revive from July 8.&nbsp; But even as temperature rise the average rainfall uptil now has been above average.&nbsp;&nbsp;For India as a whole, the cumulative rainfall was 4% greater than the LPA (long period average) as of 3 July, the rainfall across regions is broadly at par with the all-India average as per IMD&nbsp;data.
Focus shifts from temperatures to agriculture with&nbsp;Kharif (summer) crop declined by 21.6%YoY as of 25 June, 2021, making the area sown this year 18.9% of the normal area sown vs 24.1% last year. But July will be the crucial month to watch.&nbsp;&nbsp;The country receives a third of the season's rainfall in the month of July. The bulk of sowing activity is also carried out during the month. Hence, the trend in July will be crucial to assess the impact on agriculture production and food inflation.&nbsp;

Finance Minister Nirmala Sitharaman gave the economy a Rs 1.1 lakh crore lifeline to cushion the blow of the second wave of Covid 19. The announceme

Finance Minister Nirmala&nbsp;Sitharaman&nbsp;gave the economy a Rs 1.1 lakh crore&nbsp;lifeline to cushion the blow of the second wave of Covid&nbsp;19. The announcements from the FM included 8 relief packages including 4 new packages focused on sectors such as health and travel. Finance Minister Nirmala Sitharman's stimulus package for economy totals to Rs 6.29 lakh crore. Here are the big highlights-:
<ul>
<li>Loan support: Rs 1.1 lakh cr&nbsp;loan guarantee for COVID affected sectors</li>
<li>Health sector: Rs 50,000 cr earmarked for loans to health infrastructure in areas outside the 8 metros,&nbsp;Additional Rs 23,000 crore announced&nbsp;for public health with an emphasis on children and paediatric care/paediatric&nbsp;beds.</li>
<li>Credit extended: Additonal&nbsp;Rs 1.5 lakh cr added to the&nbsp;emergency credit line guarantee scheme (ECLGS) taking the limit upto&nbsp;Rs 4.5 lakh&nbsp;crore</li>
<li>Boost to lending: Micro Finance Institutes (MFIs) given loan guarantee and&nbsp;allowed to lend upto&nbsp;Rs 1.25&nbsp;lakh&nbsp;per person. Defaulters upto&nbsp;89 days are also eligible.&nbsp;</li>
<li>Support for tourism: Loan, Credit line to be opened for&nbsp;11,000 tourist guides, travel, tourism stakeholders. Loans will be provided under 100 per cent guarantee.</li>
<li>Travel incentives: First 5 lakh&nbsp;tourist visas issued by India will be free of charge when the process starts</li>
<li>EPFO&nbsp;Scheme:&nbsp;&nbsp;Support&nbsp;to employers and employees&nbsp;under Aatmanirbhar Bharat Rozgar Yojana has been extended till March 31, 2022.</li>
</ul>

FM Nirmala Sitharaman announced a mega package to boost health and medical infrastructure especially outside the main 8 metros. The Finance Minister

FM Nirmala&nbsp;Sitharaman&nbsp;announced a mega package to boost health and medical infrastructure especially outside the main 8 metros. The Finance&nbsp;Minister&nbsp;announced the following -:&nbsp;
<ul>
<li>Loan guarantee scheme of Rs 50,000 crore for health sector</li>
<li>Loan guarantee to cover 75% of loan in aspirational districts and 50% coverage in other regions</li>
<li>Maximum loan of Rs 100 crore will be provided for three years</li>
<li>Interest rate will be capped at 7.95%</li>
</ul>

The finance minister will address a press conference aat 3 pm today and the wide expectation is that an economic relief package will be announced Repor

Finance Minister Nirmala&nbsp;Sitharaman will address a press conference at&nbsp;3 pm today and the wide expectation is that an&nbsp;economic relief package will be announced&nbsp;
Reports indicate that that the new measures may include a scheme to promote health infrastructure in tier 2 cities, and an increased Emergency Credit Line Guarantee Scheme (ECLGS) limit of Rs 4.5 lakh crore.
The govt has already announced measures totalling Rs 29 lakh&nbsp;crore&nbsp;as per the statements made by&nbsp;Finance Minister in November 2020.&nbsp;

The inflation monster has risen, the question that markets are asking is will it really spook the RBI enough to raise rates. Inflation at the retail level, th

The inflation monster has risen, the question that markets are asking is will it really spook the RBI&nbsp;enough to raise rates.&nbsp; Inflation at the retail level, the barometer the RBI&nbsp;follows surged to a 6-month high of 6.3% in May. This was much ahead the street expectation of 5.3% and the breaching the RBI's comfort zone of 4-6%. The worrying signal came in from core inflation that shocked with a seven year high print of 6.6%. The&nbsp;momentum in headline CPI was more than thrice the last 3-year average. This print is worrying economist as the inflation print seems to be reflecting price rise over and above the impact of the lockdown as per a report by Citigroup&nbsp;who have now raised their inflation target for the year to 5.9%. The pass through effect from the wholesale numbers has been stronger than anticipated.&nbsp;WPI inflation touched 12.94 per cent in May, the highest on record,&nbsp;as the constant rise in the cost of fuel, including petrol, LPG and high-speed diesel percolated down into the economy and a low base effect pushed up figures.&nbsp; The question now is should consumers be worried about a rate rise? RBI&nbsp;has been focused on growth stability over the pandemic but the worry of large spurts of inflation may push the central bank into normalising policy earlier than anticipated, writes Citigroup&nbsp;who thinks that we should expect a 'neutral stance' from Mint Street by this Diwali.&nbsp;

India's foreign exchange kitty has swelled up for a record high, crossing $600 billion for the first time ever. As per data from the RBI forex reserves grew by $6.

India's foreign exchange kitty has swelled up for a record high, crossing $600 billion for the first time ever.&nbsp; As per data from the RBI forex reserves grew by $6.8 billion for the week ended June 4 putting the total at $605 billion. This record high reserve level puts India amongst the top 5 countries with the highest forex&nbsp;kitty.&nbsp;
The forex&nbsp;war chest is&nbsp;enough to cover 16 months of imports, giving India ample immunity in case of any global uncertainty. From the time the pandemic started India's forex&nbsp;reserves has grown from&nbsp; by over a $123 billion from $477 billion in March 2020 to te current level of $600 billion. In fact since 2017 when RBI&nbsp;Governor Shaktikanta Das&nbsp;took over the pace of accumulation of reserves has been steadily rising.&nbsp;

The United Nations Development Programme has deemed India's Aspirational Districts Programme as very successful and is recommending other nations to adopt it

The United Nations Development Programme has deemed India's&nbsp;Aspirational Districts Programme&nbsp;as very successful and is recommending other nations to adopt it as well.&nbsp;
The report handed over on Friday by UNDP India Resident Representative Shoko Noda to NITI Aayog Vice-Chairman Rajiv Kumar and CEO Amitabh Kant lauds the plan as a very successful model of local area development, and one &ldquo;that should serve as a best practice for several other countries where regional disparities in development status persists."
The aspirational district programme was launched in 2018 across 112 aspirational districts in 28 states. The UNDP&nbsp;noted that these districts have experienced more growth and development in the last three years than ever before.
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The Delhi High Court on Friday dismissed a lawsuit filed by actor Juhi Chawla against the setting up of 5G wireless networks in the country. The Court also imposed

The Delhi High Court on Friday dismissed a lawsuit filed by actor&nbsp;Juhi Chawla against the setting up of 5G wireless networks in the country. The Court also imposed a Rs 20 lakh&nbsp;fine on the&nbsp;plaintiffs, saying they&nbsp; abused the process of law. The Delhi High Court in its order said it appears that the suit was for publicity and Juhi circulated the link of the hearing on social media which created disruption thrice. It ordered the Delhi Police to identify the persons and take action against those who created disruption.&nbsp;

Centre to create street vendors profile to extend financial benefits

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Centre to create street vendors profile to extend financial benefits

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Markets at record high: Nifty claims 16,000 for the first time ever, Metals and smallcap shine

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Birla ready to hang up on Vodafone, Will the Govt pick up the call?

Economy

Lok Sabha passes bill allowing govt to reduce stake in insurance companies, privatisation path paved

India's infrastructure output in June up 8.9% y-o-y vs 16.8% in May

Nod for Deposit insurance bill amendment; deposits up to Rs 5 lakh will be insured

IMF warns fault lines are widening globally, US growth estimated raised, India faces GDP downgrade

Joblessness rises: Data shows unemployment rises in cities and villages

Will not print more money to fund the Covid bill, says the Finance Minister

Manmohan Singh on economy: road ahead even more daunting than in 1991

Rajan warns, India has no friends so keep forex reserves to battle global 'tantrums'

Global economic indicators| Soaring US inflation, China's growth to halve

Good news for the economy! Inflation starts to ease in June, shows CPI data

Price rise worries: Why today's CPI data is critical as food and fuel continue to add pressure

GST hit by second wave: Collection falls below Rs 1 lakh crore in June

Monsoon Tracker: Slow sowing in June, Rains in July crucial

FM gives ₹1.1 lakh crore relief to economy; Health, Tourism, MFIs all given a big boost

FM announces Rs 50,000 cr stimulus for health infrastructure sector

FM likely to announce Covid relief package for economy, here is what to expect

Prices Rise, Will Rate Follow? Core Inflation Soars to 7 year high

India's forex reserves at record high of $600 billion

UNDP praises India for district plans, says it's immensely successful

Delhi High Court dismisses Juhi's 5G plea, imposes ₹20 lakh fine

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