The Reserve Bank of India has released the results of the May 2020 cycle of its Consumer Confidence Survey (CCS). In view of the Covid-19 pandemic, the investigation was conducted through telephonic interviews on May 5 and 17, 2020 in thirteen major…
read moreJune 5 is celebrated each year as World Environment Day to promote environmental awareness and protection. According to the United Nations, “the celebration of this day gives us the opportunity to broaden the bases of an informed opinion and responsible behavior of…
read moreJust after the outbreak of the coronavirus, the Central Government (Ministry of Consumer Affairs, Food and Public Distribution) issued notifications in accordance with the Essential Commodities Act – 1955, i.e the Central Government has declared the sanitizer and hand masks as essential…
read moreReliance Industries Limited announced today that it has successfully closed the biggest rights issue in India of Rs 53,124.20 crore. It has been subscribed approximately 1.59 times, accumulating a global commitment of more than Rs.84000 cr. The rights offering has attracted strong…
read moreUnion Cabinet met second time this month, as today the cabinet approved “Trade in Agricultural Products (Promotion and Facilitation) Ordinance, 2020”. The ordinance will create an ecosystem where farmers and traders will enjoy freedom of choice in the sale and purchase of…
read moreUS President Donald Trump cancelled a face-to-face summit of G7 leaders in June and now wishes to host an enlarged meeting in September devoted to the fight against China, to which Vladimir Putin would be invited. Trump’s new plan, presented to host…
read moreLess than two weeks after the passage of a powerful cyclone in West Bengal en route to Bangladesh, India is preparing to face another cyclone, this time on its west coast. In strength and intensity, it would be much weaker than Cyclone…
read moreRatings agency Moody’s downgraded India’s long-term issuer and Indian local currency ratings from Baa2 to Baa3, maintaining a negative outlook, citing a prolonged period of weak growth and further deterioration in the government’s budget situation. Baa3 is the second lowest investment rating…
read moreThe IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) survey says that Indian manufacturing activity contracted in May due to weak demand and logistical challenges. The decline was slightly slower than the historic contraction in April i.e the manufacturing PMI was only…
read moreThe Union Cabinet, chaired by Prime Minister Shri Narendra Modi, met on Monday, June 1, 2020. During this meeting, historic decisions were made that will have a transformative impact on the lives of Indian farmers, the MSME sector and those who work…
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