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ECONOMY
India’s GDP grew 4.1% during January-March 2022
New Delhi: India's gross domestic product during fiscal year 2021-22 is estimated at 8.7 per cent as compared to a contraction of 6.6 per cent in 2020-21, official data showed on Tuesday.
The GDP grew 4.1 per cent year on year in Q4FY22,…
India must not lose focus on wheat and rice while encouraging millets
New Delhi: Amid concerns over global food shortage, India -- the world's largest producer of millets -- is looking at expanding its public distribution. The short nutritious grains may be distributed for mid-day meals and also at the…
Journalists under pressure amid erosion of press freedom: Google
New Delhi: Google is seeing more and more pressure on journalists and the erosion of press freedom not only in Asia, but globally.
According to Irene Jay Liu who leads Google News Lab, part of the Google News Initiative (GNI), despite…
Pakistan’s rupee drops to all-time low against US dollar
Karachi: Pakistan's rupee hit a historic record on Thursday of 202.01 against the US dollar in the interbank market, below the previous close of 201.92, after the failure of talks with the International Monetary Fund (IMF), the media…
Bad news for vehicle owners as third party premium hiked from June 1
Chennai: Some bad news for the vehicle owners already affected by the accelerating fuel price increase.
From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the…
India becomes largest producer, second largest exporter of sugar
New Delhi: The government on Wednesday claimed that India has become the largest producer of sugar in the world in the year 2022-23, more than Brazil, while it would be the second largest exporter of sugar.
Sugar production in 2018-19…
Heatwave reduces wheat production, affects economic growth in India
Chennai: High climatic temperatures affecting northwest India curbing wheat production and possible extended power outages exacerbating already high inflation and hurting growth is credit negative, said Moody's Investors Service on Monday.…
Himachal aims to double wool production
Shimla: The Himachal Pradesh government has launched a Rs 8.5 crore community-based structured breeding programme for the genetic improvement of indigenous sheep and to double the production of wool, Animal Husbandry Minister Virender…
US stocks suffer longest losing streak since Great Depression
New York: US stocks are on their longest losing streak since the Great Depression by at least one key measure.
The Standard & Poor's 500 index fell as much as 2.3 per cent on Friday, leaving it 21 per cent below the all-time high…
RBI approves Rs 30,307 cr as dividend to Centre for FY22
New Delhi: The Reserve Bank of India on Friday said its Board approved the transfer of Rs 30,307 crore surplus as dividend to the Centre for the accounting year FY22.
It decided to maintain the contingency risk buffer at 5.50 per cent.…