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The report noted that the second wave of the Covid-19 outbreak in India weighs heavily on the country’s overall economic activities
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According to an assessment by the Reserve Bank of India, the second wave has cost the nation about Rs 2 lakh crore in terms of output lost
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The move, if approved by the union cabinet, would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.
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Under the scheme with an outlay of Rs 22,810 crore, workers recruited from October 1, 2020 to June 30, 2021, were covered
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Investors and industry leaders worry that China, once a deflationary force, is now exporting inflation
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Data revealed that there was robust demand for jobs like software developer, DevOps, cloud and data engineer, which witnessed 12-16% growth in May
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RBI Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy
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Retail inflation for farm and rural workers rose to 2.94% and 3.12%, respectively, in May as certain food items turned costlier
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CII President T V Narendran said suitable fiscal measures to alleviate the stress of people impacted by the second wave are the need of the hour
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The economy has the resilience and the fundamentals to bounce back from the pandemic and unshackle itself from pre-existing hindrances, it noted
