Monsoon session: Congress to take on Centre over China, economy

The party will also raise the issue of the handling of Covid-19 pandemic amid a sharp rise in the number of cases, besides economic slump

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This is the aftereffect of the GDP debacle, which has set India back by a staggering 24 per cent

He also predicted that by September-end, India may have 65 lakh COVID-19 cases.

Hoping to avert more economic damage, government said it planned to reopen underground train networks and allow sports and religious events

Priyanka Gandhi Vadra also accused the government of being responsible for the slump in the economy

Although input prices rose at the sharpest pace in nearly two years, firms have cut prices of their goods for four months to boost demand

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs and debt obligations

Economists like Raghuram Rajan and others have suggested the government to open its purse strings to support the demand