With Congress having failed to agree on any further stimulus this year, millions of unemployed Americans who will lose all their jobless benefits in the coming weeks and months will likely pull back further on spending.
Onion seed exports were worth $0.57 million during April-August this fiscal against $3.5 million in the full 2019-20 fiscal.
The fiscal deficit or gap between the expenditure and revenue had breached the annual target in July this year.
Gross domestic product rebounded at a 33.1 percent annualized rate last quarter, the Commerce Department said in its advance estimate on Thursday.
Fifteen developing country members have already achieved 100 percent implementation of the TFA. Developed countries were required to ensure full implementation when the TFA entered into force.
The decline in output during the month under review was lowest since March.
An expanding second wave of infections is threatening to overwhelm Europe before the winter, and Germany and France - the euro zone's two largest economies - announced new lockdowns on Wednesday.
The ratings agency said that the contribution of agriculture to GVA growth ranged between 4.8 percent to 11.2 percent during FY13-FY20 and is expected to increase to only 14.4 percent in FY21 (FY20 8.6 percent), despite the COVID--19 induced contraction in the industrial and services sectors
In an interview with the Economic Times, the Prime Minister also said that with regards to further stimulus measures, the government will ensure that all required measures needed to continue stimulating the economy are undertaken in a timely manner while ensuring overall macro-economic stability.
Tyagi’s tenure was to have ended in March 2021. The education ministry has brought into the open the brewing discontent between the ministry and the VC on the vacant faculty positions. It was also not happy with the way Tyagi handled the 2019 teachers’ protest.
The academic session for Shiv Nadar University will begin in August 2021. The university begins its programmes with the School of Engineering & School of Commerce and Management.
Talking about opportunities, Subramanian said the Bilateral Netting of Qualified Financial Contracts law that had been passed recently paves the way for credit derivatives.
"The government has already taken cognisance of the issue of rising prices of onions and its one lakh tonnes of buffer stock is being released through NAFED,” Narendra Singh Tomar said.
PM Narendra Modi praised the people for being united in adapting their lifestyles to fight the pandemic
Trade, e-commerce and FMCG companies have a huge presence in India along with a large consumer base that provides numerous opportunities for every player in this sector.
The anticipated surge in GDP was driven by a more than $3 trillion government rescue package early this year, which provided a lifeline for many businesses and the unemployed as the COVID-19 pandemic disrupted the economy.
Foreign direct investment (FDI) has also risen despite the disruption caused by the coronavirus pandemic
CRISIL said the central bank’s measures have helped mitigate the large and broad-based economic damage caused by the pandemic. However, it made it clear that pockets of stress still remain, pointing to the weak bank credit growth, wider spreads on lower-rated corporate bonds, and fundamental pressures due to high government borrowing.
Finance Minister Nirmala Sitharaman said India and the UK have joint investment of up to 8 million pounds between their departments of biotechnology for research into factors leading to severity of the novel coronavirus
Between April 1 and October 9, 6.1 million new policies have been sold in FY21 between under the PM Jeevan Jyoti Bima Yojana scheme. This shows that 1.01 million policies have been bought every month in FY21.
The Direct Tax Vivad se Vishwas Act, 2020 was enacted on March 17, 2020 to settle direct tax disputes locked up in various appellate forums.
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Goyal said India fulfilled every single service commitment to companies around the world
Consumer spending accounts for 70 percent of economic activity in the US, so a decline in confidence gets a lot of attention from economists, especially as the US heads into the crucial holiday shopping season.
Speaking at the India Energy Forum of CERAWeek, Finance Minister Nirmala Sitharaman said infrastructure, fintech and all employment generating and asset creating industries would be priority sectors for the government.