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Rahul Gandhi calls COVID-19 vaccine festival 'a sham', slams Centre's handling of pandemic
India

Rahul Gandhi calls COVID-19 vaccine festival 'a sham', slams Centre's handling of pandemic

India added a record over two lakh new COVID-19 infections in a day pushing the total tally of cases to 1,40,74,564, while the active cases passed the 14-lakh mark

First phase of National Family Health Survey-5 shows startling trends in out-of-pocket health expenses
India

First phase of National Family Health Survey-5 shows startling trends in out-of-pocket health expenses

The time has come for India to legislate a ‘Right to Health’ ensure everyone can access healthcare without risking falling prey to poverty.

US election 2020 shows that the American electoral college system is stupid and immoral
World

US election 2020 shows that the American electoral college system is stupid and immoral

It's because the outcome of the US presidential election depends on results in individual states — and because those results are much narrower than the national tally — that Trump can claim there is a path to reversing the outcome, however ridiculous that claim is

Who controls Parliament? Instead of building a robust system, we have bled its vitality, dignity and efficacy
Politics

Who controls Parliament? Instead of building a robust system, we have bled its vitality, dignity and efficacy

Seven decades, sixteen Lok Sabha and two hundred and fifty one Rajya Sabha sessions later, we have reached a situation where executive doesn’t just have a link to legislature through Parliament, but there is a near-complete Executive take-over of the Legislature. Bit by bit, over these seven decades, every government has contributed to the undermining of the institution of Parliament.

COVID-19 vaccine deployment in India: Lessons we need to learn from the past
India

COVID-19 vaccine deployment in India: Lessons we need to learn from the past

India can provide quality, low-cost vaccines not only for internal use but for global purposes however being the biggest manufacturer of vaccines is not sufficient.

Podcast; Voices from the Lockdown: One year since abrogation of Article 370, education sector worst affected
India

Podcast; Voices from the Lockdown: One year since abrogation of Article 370, education sector worst affected

“The most badly affected sector because of the abrogation of Article 370 is the education sector.”

“COVID 19 lockdown increased our hardships” - Voices from the women-led households of Mumbai
India

“COVID 19 lockdown increased our hardships” - Voices from the women-led households of Mumbai

Women informal workers, who are the only earning members of the family, are demanding immediate attention to their issues of unemployment and financial instability.

More than 60 percent people believe China responded better to the Coronavirus pandemic than the US did
World

More than 60 percent people believe China responded better to the Coronavirus pandemic than the US did

Only a third of the people surveyed, around the world, thought that the US had responded effectively to the pandemic.

Moody's downgrades India's rating to Baa3; outlook remains ‘negative’; says move not driven by impact of COVID-19 outbreak
Business

Moody's downgrades India's rating to Baa3; outlook remains ‘negative’; says move not driven by impact of COVID-19 outbreak

The global rating agency Moody's Investors Service on Monday downgraded India's rating to BAA3 from Baa2, and its short-term local-currency rating to P-3 from P-2

EPFO releases Rs 868 crore pension along with Rs 105 crore arrear for commutation
Business

EPFO releases Rs 868 crore pension along with Rs 105 crore arrear for commutation

Retirement fund body EPFO on Monday said it has released Rs 868 crore pension along with Rs 105 crore arrears on account of restoration of commuted value of (higher) pension

Govt launches Rs 5,000-cr special credit facility for street vendors; here's all you need to know about Rs 10,000 loan scheme
Business

Govt launches Rs 5,000-cr special credit facility for street vendors; here's all you need to know about Rs 10,000 loan scheme

In order to revive businesses of street vendors that have taken a serious hit due to the COVID-19 lockdown, the Centre has launched a special micro-credit facility amounting to a total of Rs 5,000 crore that will provide them Rs 10,000 as initial working capital

Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings
Business

Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings

Profitability of urea makers is likely to surge due to reimbursement of additional fixed cost, as cheaper gas will reduce urea subsidy bill by Rs 12,000 crore, according to a report

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
Business

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday

Coronavirus Lockdown: Hotel stocks rally up to 19% as govt lifts curbs on operations from 8 June
Business

Coronavirus Lockdown: Hotel stocks rally up to 19% as govt lifts curbs on operations from 8 June

Hotel stocks on Monday zoomed up to 19 percent after the government said the opening of hotels, restaurants and other hospitality services and shopping malls will start from 8 June

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%
Business

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data

GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening
Business

GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan
Business

Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan

Former Reserve Bank Governor Bimal Jalan on Thursday described the initiatives taken by the government to mitigate the impact of COVID-19 as "very positive" and hoped that these would help in containing the decline in growth

Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 years: Fitch Ratings
Business

Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 years: Fitch Ratings

With incremental bank lending making up the bulk of the government's nearly Rs 21 lakh crore stimulus package, lenders face significant asset quality challenges which can increase their dud loan ratios by up to 6 percentage points over the next two years, warns a report

Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy
Business

Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy at the meeting of the Financial Stability and Development Council (FSDC), in view of disruptions caused by the COVID-19 pandemic