Coal volumes at the 12 major ports declined for the sixth straight month in September 2020, as per the Indian Ports Association (IPA).
The former Union minister visited Kankarbawadi, Sastur villages in Osmanabad district of Marathwada region in the morning and interacted with farmers affected by the heavy rains that lashed parts of state over the past few days.
ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had in 2008 discovered a giant gas field in the Farsi offshore exploration block.
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Power consumption in the country was recorded at 49.67 BU during October 1-15 last year, according to the power ministry data.
This marks the first decline in investment through the route since March, data available with the Securities and Exchange Board of India (Sebi) showed.
The decline in gold and silver imports has helped in narrowing the country''s trade deficit, difference between imports and exports, at USD 23.44 billion during April-September 2020-21 as against USD 88.92 billion in the year-ago period.
The Chief Minister said as per preliminary estimates Andhra Pradesh suffered damage to the tune of Rs 4,450 crore due to the heavy rains that lashed the state from October 9 to 13 and the consequent flooding.
Congress leader Rahul Gandhi had taken a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year and described it as a "solid achievement" of six years of the BJP's "hate-filled cultural nationalism".
During 2019-20, the exports stood at Rs 2,52,249.46 crore, according to data provided by the Gem and Jewellery Export Promotion Council of India (GJEPC).
Coronavirus India News highlights: Total confirmed cases have risen to 74.9 lakh. India’s COVID-19 recovery rate stands at 88 percent.
In May, Finance Minister Nirmala Sitharaman announced Rs 90,000 crore liquidity infusion into cash-strapped discoms, facing demand slump due to the lockdown to contain COVID-19.
These companies "would be required to align their FDI to the 26 per cent level with the approval of the central government, within one year from the date of issue of this clarification", the Department for Promotion of Industry and Internal Trade (DPIIT) said.
It estimated that the economy is likely to contract by 13.5 percent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 percent unless the government takes immediate initiative to revive the economy.
The Ministry of Micro, Small and Medium Enterprises (MSME) issued a clarification in this regard alerting the public after taking strong note ”of mischievous activities of this organisation projecting itself as part of the MSME ministry”.
Union Finance Minister Nirmala Sitharaman on October 16 said a V-shaped recovery is being seen in several high-frequency indicators.
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said apparel exports rose for the first time this fiscal in September and the steep recovery from 90 per cent fall in April to 10 per cent rise last month "corroborates our belief that the apparel sector is already on the path of V-shaped recovery".
Participating in the 102nd meeting of the World Bank Development Committee Plenary, Sitharaman said the COVID-19 pandemic, which started before its last meeting in April, continues to impact the developing and developed countries.
Coronavirus India News LIVE Updates: Total confirmed cases have risen to 74.3 lakh. India’s COVID-19 recovery rate stands at 87.7 percent.
The monetary institutions warned that the humanitarian crisis can further exacerbate fragility, conflict, and violence as well as intensify risks, including in small island states.
As per a notification issued by the RBI, new housing loans will attract a risk weight of 35 percent where LTV is less than 80 percent and a risk weight of 50 percent where LTV is more than 80 percent but less than 90 percent.
A total of 31 countries almost a quarter of all those S&P rates - currently have "negative outlooks" on their ratings which more often than not get converted into downgrades.
Retail sales have been recovering since plunging in the spring as stores and malls were ordered closed to help prevent the spread of the coronavirus.
The Federal Reserve reported Friday that industrial production suffered its first decline since a 12.7 percent drop in April during the spring lockdowns.
It will be the third Budget of the Modi 2.0 government and Finance Minister Nirmala Sitharaman. Budget 2021-22 is likely to be presented on February 1.