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A recent study has found a newly developed compound that starves cancer cells by attacking their “power plants” - the so-called mitochondria.(Unsplash)

New drug inhibits growth of cancer cells

Washington | By Asian News International | Posted by Shivani Kale
UPDATED ON DEC 23, 2020 05:53 PM IST
A recent study has found a newly developed compound that starves cancer cells by attacking their “power plants” - the so-called mitochondria.
Barclays noted that while India is still not officially calling the infections to be in the community transmission stage, the existing restrictions on movement are causing much more economic damage than anticipated. (Photo by Samir Jana / Hindustan Times)
Barclays noted that while India is still not officially calling the infections to be in the community transmission stage, the existing restrictions on movement are causing much more economic damage than anticipated. (Photo by Samir Jana / Hindustan Times)

Extended India lockdown will see zero growth in 2020, says Barclays

Mumbai | By Press Trust of India
UPDATED ON APR 14, 2020 03:29 PM IST
The economic growth will be zero for calendar year 2020 and when seen from a fiscal year perspective, will rise 0.8 per cent in 2021, brokerage Barclays said in a note.
Medics in disposable gowns and masks talk outside the Life Care Center of Kirkland, a long-term care facility linked to several confirmed coronavirus cases, in Kirkland, Washington on March 4.(Reuters Photo)
Medics in disposable gowns and masks talk outside the Life Care Center of Kirkland, a long-term care facility linked to several confirmed coronavirus cases, in Kirkland, Washington on March 4.(Reuters Photo)

Coronavirus erases hopes for stronger growth in 2020, says IMF chief

Washington | By Reuters
UPDATED ON MAR 05, 2020 06:59 AM IST
The IMF is making available $50 billion in emergency funding to help poor and middle-income countries with weak health systems respond to the epidemic, she said after a call with the IMF’s steering committee.
Unless there is a sustained acceleration in economic activity, the economy’s midterm challenges will only increase(Getty Images/iStockphoto)
Unless there is a sustained acceleration in economic activity, the economy’s midterm challenges will only increase(Getty Images/iStockphoto)

India’s quest for high growth

Hindustan Times | By HT Correspondent
UPDATED ON FEB 20, 2020 08:05 PM IST
It will have to address structural issues, unexpected disruptions
The sharp drop for India accounts for the lion’s share of the downward revisions, the IMF said.(AP Representative Image)
The sharp drop for India accounts for the lion’s share of the downward revisions, the IMF said.(AP Representative Image)

IMF trims global growth estimate for 2020-21 over slowdown in India

Agence France-Presse | By Agence France-Presse
UPDATED ON JAN 20, 2020 06:54 PM IST
In the latest update to its World Economic Outlook, the IMF cut the global growth estimate for 2020 by one tenth compared to the prior report released in October, dropping it to 3.3 percent.
In 2018, there were 160 suicides in the city, while in 2017 there were only 113 cases.(Getty Images)
In 2018, there were 160 suicides in the city, while in 2017 there were only 113 cases.(Getty Images)

Suicides: Chandigarh saw 41% jump in suicide cases in 2018, second-highest in country

Hindustan Times, Chandigarh | By Rajanbir Singh, Chandigarh
UPDATED ON JAN 12, 2020 12:48 AM IST
As per the record, 88% suicide victims had studied up to class 12 or less and 87% of them earned less than Rs 1 lakh a year
Prime Minister Narendra Modi.(PTI file photo)
Prime Minister Narendra Modi.(PTI file photo)

PM Modi meets economists on growth, jobs, $5 trillion economy

New Delhi | By Indo Asian News Service
PUBLISHED ON JAN 09, 2020 02:28 PM IST
Sources said the Prime Minister took suggestions on boosting consumption and generating demand in the economy. Read on to know more...
Economic activity in India slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, according to the World Bank.(REUTERS / Representational Photo)
Economic activity in India slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, according to the World Bank.(REUTERS / Representational Photo)

India’s growth projected to ‘decelerate’ to 5% in 2019-2020: World Bank

Washington | By Press Trust of India
UPDATED ON JAN 09, 2020 10:12 AM IST
In the report’s India section, the World Bank said tighter credit conditions in the non-banking sector are contributing to a substantial weakening of the domestic demand in the country.
Policies should be specifically focused on generating mass demand and employment. Fiscal policy has to play an important role in achieving this(HT FILE)
Policies should be specifically focused on generating mass demand and employment. Fiscal policy has to play an important role in achieving this(HT FILE)

Agenda for 2020: Growth

Hindustan Times | By HT Correspondent
UPDATED ON DEC 31, 2019 08:27 PM IST
The government must focus on boosting economic sentiment
Malnourished children earn 20% less as adults than other children(HT FILE PHOTO)
Malnourished children earn 20% less as adults than other children(HT FILE PHOTO)

To grow, India must invest in public health

By Ashok Alexander
UPDATED ON NOV 29, 2019 07:09 PM IST
There is a clear pattern. Countries and states which have prioritised health saw a corresponding economic rise
The FM would do well to speak more on this so that the investing community does not tar the central government with the same brush as the AP government(ANI Photo)
The FM would do well to speak more on this so that the investing community does not tar the central government with the same brush as the AP government(ANI Photo)

A blueprint to revive demand and growth in the Indian economy | Opinion

By Govind Sankaranarayanan
PUBLISHED ON NOV 28, 2019 07:42 PM IST
To boost manufacturing, the government must send out signals to the bureaucracy, courts, states and investors
The finance minister told the Rajya Sabha today that the country’s economic growth may be down but it is not a situation of recession yet.(Photo: ANI/ Screengrab)
The finance minister told the Rajya Sabha today that the country’s economic growth may be down but it is not a situation of recession yet.(Photo: ANI/ Screengrab)

Growth slow, no chance of recession though: FM Nirmala Sitharaman

Hindustan Times, New Delhi | By HT Correspondents
UPDATED ON JUL 31, 2020 01:00 AM IST
Foreign direct investment (FDI) inflows from 2014-2019 rose to $283.9 billion under the NDA from $189.5 billion in the same period, And foreign exchange reserves rose to $412.6 billion from $304.2 billion.
Moody’s Investors Service has changed the outlook on India’s ratings to ‘negative’ from ‘stable’(Bloomberg)
Moody’s Investors Service has changed the outlook on India’s ratings to ‘negative’ from ‘stable’(Bloomberg)

Moody’s lowers India’s outlook to ‘negative’ from ‘stable’ citing lower economic growth

New Delhi | By Press Trust of India
UPDATED ON NOV 08, 2019 09:22 AM IST
Moody’s affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.
HT Image
HT Image

Swaraj India promises 20L jobs, overall growth

Hindustan Times, Chandigarh | By HT Correspondent, Chandigarh
UPDATED ON OCT 06, 2019 12:01 AM IST
The economic growth slowed to a seven-year low to 5 per cent in April to June quarter from 8 per cent a year ago, as per the government data.(Sanchit Khanna/HT PHOTO)
The economic growth slowed to a seven-year low to 5 per cent in April to June quarter from 8 per cent a year ago, as per the government data.(Sanchit Khanna/HT PHOTO)

India’s growth ‘much weaker’ than expected, still much ahead of China: IMF

Washington | By Press Trust of India
UPDATED ON SEP 13, 2019 11:55 AM IST
The International Monetary Fund (IMF) has cut its projection for India’s economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the “weaker-than-expected outlook” for the domestic demand.
The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.3 per cent in July last year.(HT ARCHIVES)
The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.3 per cent in July last year.(HT ARCHIVES)

Growth of core sectors slows down to 2.1% in July as against 7.3% last year

Press Trust of India | By Press Trust of India
UPDATED ON JUN 25, 2020 02:16 PM IST
Output of coal, crude oil, natural gas and refinery products recorded negative growth in July.
Finance minister Nirmala Sitharaman on Friday announced measures to revive growth, boost consumption and uplift investor and consumer sentiment(Mohd Zakir/HT PHOTO)
Finance minister Nirmala Sitharaman on Friday announced measures to revive growth, boost consumption and uplift investor and consumer sentiment(Mohd Zakir/HT PHOTO)

Govt unveils package to spur economic growth

New Delhi | By HT Correspondent
UPDATED ON AUG 24, 2019 09:06 AM IST
The measures include the upfront recapitalisation of state-owned banks (which could enable credit up to Rs 5 trillion) and steps to boost demand in the stressed auto sector.
There was a recovery in 2016-17 and 2017-18 but that seems to have reversed last year, with inflation-adjusted sales revenue growth falling from 4.5% in 2017-18 to 3% in 2018-19.
There was a recovery in 2016-17 and 2017-18 but that seems to have reversed last year, with inflation-adjusted sales revenue growth falling from 4.5% in 2017-18 to 3% in 2018-19.

Private sector salaries logged slowest growth in a decade

Hindustan Times, New Delhi | By Vineet Sachdev
UPDATED ON AUG 21, 2019 07:32 AM IST
It is also the first time in seven years that the share of salaries in sales revenue has come down.
If food prices continue to be depressed for a long time, rural demand will be difficult to revive. A widening of the food security programme in India, which moves beyond cereals and focuses on sectors such as horticulture and dairy, can give a boost to demand for these food items.(Reuters File Photo)
If food prices continue to be depressed for a long time, rural demand will be difficult to revive. A widening of the food security programme in India, which moves beyond cereals and focuses on sectors such as horticulture and dairy, can give a boost to demand for these food items.(Reuters File Photo)

What should be done to revive economic growth?

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON AUG 18, 2019 08:52 AM IST
Increasing spending is the key to a stronger economy and policies which incentivise government employees to advance their spending decisions can give a big boost to demand.
The National Democratic Alliance (NDA) government will seek fiscal consolidation without compromising on public spending, finance minister Nirmala Sitharaman said on Wednesday.(PTI)
The National Democratic Alliance (NDA) government will seek fiscal consolidation without compromising on public spending, finance minister Nirmala Sitharaman said on Wednesday.(PTI)

Economic growth, national security are priorities: FM

New Delhi | By HT Correspondent
PUBLISHED ON JUL 10, 2019 11:49 PM IST
Replying to a debate on the budget in the Lok Sabha, Sitharaman said there had been an increase in the allocation for almost every welfare programme targeted at sections ranging from women to scheduled castes and tribes.
The government is slated to introduce The Code of Wages Bill, 2019 in the current session of Parliament, aimed at rationalising minimum wages in step with proposals made out in the Survey.(Sushil Kumar/HT PHOTO)
The government is slated to introduce The Code of Wages Bill, 2019 in the current session of Parliament, aimed at rationalising minimum wages in step with proposals made out in the Survey.(Sushil Kumar/HT PHOTO)

Budget 2019: Wage system revamp key to more inclusive growth

Hindustan Times, New Delhi | By Zia Haq
UPDATED ON MAY 28, 2020 11:19 AM IST
Minimum wages, a welfare feature of most advanced and developing economies, are floor wages benchmarked to inflation and designed to protect vulnerable workers from exploitation.
The Survey bets on private investment to drive jobs, export and demand. This was the idea behind Make in India in the government’s first term too. Will it work this time?(REUTERS)
The Survey bets on private investment to drive jobs, export and demand. This was the idea behind Make in India in the government’s first term too. Will it work this time?(REUTERS)

Economic Survey: Road map and challenges for growth | Analysis

Hindustan Times | By Roshan Kishore
UPDATED ON MAY 28, 2020 10:56 AM IST
For the NDA, economic headwinds have come at a time when its political traction is highest
India continues to remain the fastest growing major economy in the world in 2018-19, despite a slight moderation in its GDP growth from 7.2 per cent in 2017-18 to 6.8 per cent in 2018-19.
India continues to remain the fastest growing major economy in the world in 2018-19, despite a slight moderation in its GDP growth from 7.2 per cent in 2017-18 to 6.8 per cent in 2018-19.

Economic Survey pegs India’s growth at 7% for 2019-20

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUL 04, 2019 04:35 PM IST
A day before the Union Budget, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament on Thursday
Among many of its challenges, India’s cities are constantly beset with problems of water – either severe floods, or severe shortage of potable water(Sonu Mehta/HT PHOTO)
Among many of its challenges, India’s cities are constantly beset with problems of water – either severe floods, or severe shortage of potable water(Sonu Mehta/HT PHOTO)

Five key priorities that can help urban India play its role in the country’s growth

By Swati Ramanathan
UPDATED ON JUL 01, 2019 09:19 PM IST
These are: city-highway transition zones, transport hubs and market infrastructure to link rural-urban India, affordable housing implementation, land title reforms, and urban water
Potential bidders have also become wary of India’s evolving insolvency process after court rulings in the past year allowed late bids to be considered in the interest of greater recovery.(HT File Photo)
Potential bidders have also become wary of India’s evolving insolvency process after court rulings in the past year allowed late bids to be considered in the interest of greater recovery.(HT File Photo)

$190 billion bank loan clean-up needed as PM Modi looks to revive growth

Bloomberg | By Upmanyu Trivedi
UPDATED ON JUN 06, 2019 03:35 PM IST
Investors expect Modi to complete reforms started during his first term when India instituted a time-bound bankruptcy process, putting the business community on notice by stripping assets off the biggest defaulters and selling them.
The Sensex and Nifty rose on Monday, despite weak gross domestic product (GDP) data.(PTI File Photo)
The Sensex and Nifty rose on Monday, despite weak gross domestic product (GDP) data.(PTI File Photo)

Sensex, Nifty climb as slower growth raises rate cut hopes

Reuters | By Reuters
UPDATED ON JUN 03, 2019 02:01 PM IST
The Nifty was up 0.41% at 11,974,85 as of 0444 GMT, while the Sensex rose 0.47% to 39,900.01.
The programme provides an inclusive training platform to help people turn their talents into enterprise, said organisers.(Nedar/ HT Photo)
The programme provides an inclusive training platform to help people turn their talents into enterprise, said organisers.(Nedar/ HT Photo)

Training differently abled to find new avenues for growth

New Delhi | By Vatsala Shrangi
UPDATED ON JUN 02, 2019 02:06 PM IST
ATPAR launched Network of Entrepreneurs with Disabilities for Assistance and Rehabilitation - NEDAR, to enable such participants to come together as a forum on Saturday.
The election is finally over, and the Modi government swept the polls with an unprecedented vote count.(Sonu Mehta/HT PHOTO)
The election is finally over, and the Modi government swept the polls with an unprecedented vote count.(Sonu Mehta/HT PHOTO)

Newly elected government must focus on transport to fuel growth

UPDATED ON MAY 29, 2019 07:58 AM IST
The ministry of housing and urban affairs has already launched the ambitious Smart Cities Mission. It is also supporting the development of the Metro rail in a big way.
Fashion brands improved their environmental and social impact in 2018, but progress was slower than in the previous year, according to the report.(Unsplash)
Fashion brands improved their environmental and social impact in 2018, but progress was slower than in the previous year, according to the report.(Unsplash)

Fashion’s sustainability push isn’t keeping up with rapid growth

By Robert Williams, Bloomberg
UPDATED ON MAY 08, 2019 10:59 AM IST
The fashion industry’s progress on reducing its environmental impact isn’t moving fast enough to counteract its rapid growth, according to a report by consultancy BCG and sustainable fashion groups.
When the RBI had attempted to clean up bank balance sheets, push pushed for recognition of bad assets and put weak banks under the prompt corrective action (PCA) framework, there resulted a sharp slowdown in bank credit growth(Aniruddha Chowdhury/Mint)
When the RBI had attempted to clean up bank balance sheets, push pushed for recognition of bad assets and put weak banks under the prompt corrective action (PCA) framework, there resulted a sharp slowdown in bank credit growth(Aniruddha Chowdhury/Mint)

Credit growth doesn’t reflect the health of the banking system

By Ila Patnaik
UPDATED ON MAY 05, 2019 10:27 AM IST
The overall picture emerging from the latest data on bank credit highlights the lack of fundamental reform in the banking sector
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