Economy
Coronavirus eats into Indian economy, GDP shrinks 7.3%
The 7.3 per cent contraction is the worst-ever economic performance that India has witnessed in over four decades
Gold saving funds see Rs 864-crore inflow in April
Gold saving funds and gold ETFs have seen net inflow to the tune of Rs 184 crore and Rs 680 crore, respectively in the month of April
RBI to transfer Rs 99,122 crore surplus to govt
The decision was taken at 589th meeting of the RBI's central board of directors
RBI targets 5.2 per cent retail inflation for first half of FY22, repo rate unchanged
Earlier, the central bank had projected retail inflation at 5.2 per cent for the 2021 March quarter
GST mop-up hits record Rs 1.23 lakh crore in March
Collection tops Rs 1L cr for 6th month in a row
Status quo on small savings interest rate
The decision to rollback was taken hours after the government announced the steepest cut in the rate on small savings schemes on Wednesday
Indian economy in +ve zone, grows 0.4%
The size of the economy had shrunken in the April-June and July-September quarters, pulling down the country into a technician recession
Microsoft CEO Satya Nadella bats for global regulation on privacy
He says, regulations are in place and initiatives such as General Data Protection Regulations (GDPR) are spreading worldwide
Pandemic will force 18 million Indians to find a new occupation by 2030: Report
The impact will be 'disproportionately' felt on low-wage workers in retail, food services, hospitality, and office administration
Govt to bring amendments to two Acts to enable privatisation of PSU banks
Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore