- PDP chief Mehbooba Mufti being released from detention: J&K govt official
- Centre has taken many steps in 6 years to curb pollution: Environment min
- Employer can refuse appointment to those in select list on valid ground: SC
- Only essential services exempted from diesel genset ban: EPCA tells Haryana
- Delhi govt urges CBSE to extend exam fee deadline for class 10, 12 students
- Smoky haze envelopes national capital; air quality worst in eight months
- China calls Ladakh's UT status 'illegal', says will not recognise it
- Cultural programmes with 150 people allowed during Durga Puja: Mamata
- Physical fitness, desi food helped me beat Covid-19: Venkaiah Naidu
- Mamata urges Centre to continue with Kolkata-London direct flights
LIVE: Govt invites proposals for developing EV charging infra on highways
Indian economy to dip 10.3 per cent in 2020; rebound with 8.8 per cent growth in 2021, says IMF
The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday.
However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.The Supreme Court heard a batch of petitions today seeking a waiver of interest on loans during the moratorium period and seeking an extension of the moratorium. The top court will decide if any further relief is to be given on loans over 2 crores, apart from what has been prescribed by the Kamath Committee recommendations. First hearing was conducted on October 5 and the hearing on October 13 (today) was deferred as Judge Bhushan is required to sit in a different combination of Judges in the post lunch session.
Amazon.com Inc will hold its annual shopping event, Prime Day, today and tomorrow as the e-commerce giant aims for an early kickstart to the holiday season. The company earlier this year had postponed the two-day shopping event, started in 2015 to drum up sales during the summer shopping lull, due to the Covid-19 pandemic.