The proposed borrowing will not reflect on the Union Budget, but will appear as capital receipts in state budgets. Read more »
IMF says the Indian economy will fall by 10.3% in the current financial year, compared with 4.5% contraction predicted in June. Read more »
In India, many students do not have access to smartphones, laptops and high-speed internet, posing a threat to quality online education for the masses. Read more »
About 26.2% of handloom workers earned between Rs 5,000 and Rs 10,000, Union textiles minister Smriti Zubin Irani informs Rajya Sabha. Read more »
Government investment in infrastructure is often criticised for expensive, poor-quality projects that offer very little benefit for the people and the economy. Read more »
The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »
The economies of a dozen states are under strain due to non-payment of GST dues. This has forced them to cut capital expenditure and delay salary payments. Read more »
A majority of the 105 countries surveyed had to suspend many routine and elective services, while critical care was interrupted in low-income countries. Read more »
A large section of the population in in LIDCs live near subsistence levels. The governments' ability to support them is curtailed by limited fiscal resources. Read more »
India recorded 47,704 new cases and 654 deaths in the last one day. The country registered more than 30,000 recoveries per day for the fifth day running. Read more »