Ranjan Srivastava leads HT’s coverage from Bhopal. He has spent more than two decades in journalism in Uttar Pradesh and Madhya Pradesh, covering political and other affairs. For the past 16 years, he has been working in Madhya Pradesh.
- India registered more than a lakh coronavirus cases on Sunday, surpassing even the peak of the first wave of the pandemic, with almost 50% of the cases being reported from Maharashtra.
- IHS Markit said anecdotal evidence suggested that the upturn was stymied by elevated cost pressures.
- Between April last year and February 2021, merchandise exports have contracted 12.23%, while merchandise imports fell 23.1%.
- China said it acknowledges India’s efforts to enhance competitiveness in manufacturing and services sectors through ‘Make In India’ and ‘Digital India’ initiatives but remains concerned that some of the measures are not consistent with WTO principles.
- Mohapatra said the idea came during Modi’s meeting with Marriott International president and chief executive Arne Sorenson, who complained about the complex regulations in starting and running a hotel in India.
- In comparison, PMI for the manufacturing sector had fallen marginally to 57.5 in February from 57.7 a month ago, data released on Monday showed.
- India entered the pandemic with little fiscal headroom from a rating perspective, the agency noted
- On tax problems faced by Cairn Energy and Vodafone, Truss said she hoped that arbitral awards by international dispute settlement mechanisms will draw a line under them.
- India’s September quarter GDP estimate, at -7.5% after -23.9% in the June quarter, positively surprised analysts.