Economy - general
India’s economy strong, outlook stable despite Moody’s: govt
08 Nov 2019
Moody’s Investors Service changed its outlook on India’s sovereign rating to negative from stable while keeping the foreign-currency and local-currency long-term issuer ratings unchanged at Baa2, citing slower growth, which it attributed to lower government and policy effectiveness
Over 50% of adolescents in India are malnourished: Unicef
01 Nov 2019
The Unicef report, ‘Adolescents, Diets and Nutrition: Growing Well in a Changing World’ says that growing incomes and increased spending on food have translated to greater consumption of fried foods, junk foods, sweets and aerated drinks by 10 to 19-year-olds in every Indian state, increasing the risk of diabetes and heart disease
IMF lowers India’s FY20 GDP growth forecast to 6.1%
16 Oct 2019
The country, however, retains the tag of the world's fastest growing economy alongside China, says IMF’s latest World Economic Outlook report
World Bank lowers India's FY20 GDP growth projection to 6%
14 Oct 2019
The World Bank report also noted a widening of the current account deficit to 2.1 per cent of GDP in 2018-19 from 1.8 per cent a year before, mostly reflecting a deteriorating trade balance
RBI cuts repo rate by 25 bps to 5.15% to revive growth
04 Oct 2019
With the growth in gross domestic product slumping to 5.0 per cent in Q1 of FY20, the monetary policy committee decided to continue with an accommodative stance, while ensuring that inflation remained within the target of 4 per cent within a band of +/- 2 per cent
India-US trade deal has to evolve: Piyush Goyal
03 Oct 2019
While both countries do not see any structural issues, there are conflicting interests of bringing down trade deficits and protectionist trade policies that hamper a trade deal
ADB cuts India’s FY19 GDP growth to 6.5%, keeps FY20 growth at 7.2%
26 Sep 2019
India will remain one of the fastest-growing economies in the world this year and next year as the government continues to implement policy reforms and interventions to strengthen economic fundamentals, said ADB chief economist Yasuyuki Sawada
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The remarkable Ratan Tata
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One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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