The Covid-19 pandemic has shattered economies and damaged wealth creation across the globe. The devastation was so brutal that practically no sector was spared, given the kind of dramatic reduction in consumer confidence and spending. India witnessed a 7.3% decline in gross domestic prod...
India’s gross domestic product for 2020-21 has declined to 7.3% -- lower than the figure most agencies had predicted earlier. The recovery that began in the October-December quarter gained momentum in the subsequent three months. In the January-March 2021 quarter, GDP grew by 1.6% over and a...
India reported over 4 lakh daily coronavirus infections for four days between May 6 and May 9. It reported 4,03,738 fresh Covid-19 cases on May 9 - taking the total number of Covid-19 cases in the country to 2,22,96,414. As many as 4,092 patients died due to complications linked to coronavirus...
Just when the dreadful memory of 2020 was weakening with the new cases easing out and the vaccination drive picking pace, the second wave of Covid-19 came roaring back with a vengeance. India is now adding more than three lakh new cases every day and the fear of last year’s disaster is reign...
April 2021 has begun with sharp contrasts; on the one hand India has displayed its remarkable vaccination capacity notching nearly four million inoculations in a day, on the other it recorded the highest daily infection count globally. The fatality rate is also uncomfortably high. W...
What does the extreme free-market economist Milton Friedman, tech billionaire Mark Zuckerberg and India’s latest Nobel Laureate in economics Abhijeet Banerjee, known for his experimental approach to alleviating poverty, have in common? The answer is: At some point, they've all advocated...
"If you make lots of money you must give it back to society as you have received so much love from it," said JRD Tata to Sudha Murty, when she was young. JRD words became the source of inspiration for Infosys Foundation, of which she is thd chairperson, and runs in Karnataka, Andhra...
The real estate sector in India is one of the fast-moving sectors of the economy – it is the second-highest employment generator in the country after agriculture. The sector is deeply interlinked to a huge number of allied industries. The sector is estimated to account for about 6-7% of the ...
India has hailed the 2021-22 Budget. The stock market greeted it with more than 3,000 points rise in benchmark BSE Sensex in two post-budget trading sessions – something Indian bourses did not witness in years. The industry seems optimistic about the proposed big hikes in capital expenditure...
The Covid-19 vaccine has finally arrived. Some 50 countries around the world have already started vaccinating their citizens, barely a year after the first alert was issued by China signalled the start of the epidemic. Britain led the way in the Western world, authorising the vaccine made...
