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Maharashtra reports 4,757 new Covid-19 cases, 40 deaths

The state on Sunday reported fewer than 5,000 Covid-19 cases for a second straight day with 4,757 infections pushing the tally to 1,852,266
A health worker takes a swab sample of a resident in Malad on Sunday.(Satyabrata Tripathy/HT Photo)
A health worker takes a swab sample of a resident in Malad on Sunday.(Satyabrata Tripathy/HT Photo)
Published on Dec 06, 2020 09:56 PM IST
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Maharashtra records 4,922 new Covid-19 cases, 95 deaths

Maharashtra on Saturday recorded 4,922 new Covid-19 cases and 95 deaths, taking the tally to 1,847,509 and toll to 47,694, with a case fatality rate (CFR) of 2.58%
A health worker takes a swab test in Govandi on Saturday.(Pratik Chorge/HT Photo))
A health worker takes a swab test in Govandi on Saturday.(Pratik Chorge/HT Photo))
Updated on Dec 06, 2020 12:20 AM IST
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By Eeshanpriya MS, Mumbai

Lucknow to record highest power demand growth in UP in next decade

The city’s peak demand was likely to soar to 2579 MW from the current 1450 MW by 2029-30, the 19th Electric Power Survey of mega cities said.
EPS noted that Varanasi had witnessed moderate peak demand growth in comparison to its energy requirement growth that is in contrast to most of the other mega cities.(Representational Image)
EPS noted that Varanasi had witnessed moderate peak demand growth in comparison to its energy requirement growth that is in contrast to most of the other mega cities.(Representational Image)
Published on Sep 15, 2020 08:51 AM IST
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Hindustan Times, Lucknow | By Brajendra K Parashar

CAG report: HP fiscal deficit down by 9.2% in 2018-19

Only 33% of the revenue receipts came from the state’s own resources comprising taxes and non-taxes; central transfers brought in the remaining 67%; state improves vis-a-vis share of capital expenditure to total expenditure
Security personnel check the body temperature of rural development and panchayati raj minister Virender Kanwar before going to attend the monsoon session in Shimla on Monday.(Deepak Sansta / HT)
Security personnel check the body temperature of rural development and panchayati raj minister Virender Kanwar before going to attend the monsoon session in Shimla on Monday.(Deepak Sansta / HT)
Updated on Sep 14, 2020 11:56 PM IST
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Hindustan Times/Shimla | By Gaurav Bisht, Shimla

GDP numbers to be out today; Q1 growth likely to be worst

This quarter is expected to see the worst performance of the economy since the publication of quarterly data in 1996.
India's GDP growth slowed down to 7% during the April-June quarter.(Reuters)
India's GDP growth slowed down to 7% during the April-June quarter.(Reuters)
Updated on Aug 31, 2020 10:58 AM IST
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Hindustan Times, New Delhi | By HT Correspondent

Restoring growth to boosting health infra: Charting India’s goals

The unforeseen events in the run-up to completion of 73 years of independence today give a good reason to revisit the goals we want to achieve by August 15, 2022.
Our health infrastructure, at least in most places, has been found to be wanting in dealing with the pandemic’s public health challenge.(Satish Bate/HT Photo)
Our health infrastructure, at least in most places, has been found to be wanting in dealing with the pandemic’s public health challenge.(Satish Bate/HT Photo)
Updated on Aug 19, 2020 12:24 PM IST
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Hindustan Times, New Delhi | By Roshan Kishore

Covid-19 spread may spike in monsoon, winter with fall in temperatures: IIT-AIIMS study

According to the study, there is a likelihood of an increased transmission of the coronavirus during winter, which may be a major challenge for health workers and policymakers to enforce mitigation and control measures.
The study also found that an increase in relative humidity tends to decrease the growth rate and doubling time of coronavirus cases by 1.18 days.(Sonu Mehta/HT PHOTO)
The study also found that an increase in relative humidity tends to decrease the growth rate and doubling time of coronavirus cases by 1.18 days.(Sonu Mehta/HT PHOTO)
Published on Jul 19, 2020 05:04 PM IST
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Bhubaneswar | By Press Trust of India| Posted by Susmita Pakrasi

Doubling rate slows down, but more positive cases per 100 tests

The city’s positive rate — number of confirmed cases per 100 tests — has gone up from earlier 10 per cent to 13 per cent as of June 19.
A health worker of Pune district council collects a swab sample from a man to test for COVID-19 infection at BJS hostel, in Wagholi.(Pratham Gokhale / Hindustan Times)
A health worker of Pune district council collects a swab sample from a man to test for COVID-19 infection at BJS hostel, in Wagholi.(Pratham Gokhale / Hindustan Times)
Updated on Jun 21, 2020 04:33 PM IST
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Hindustan Times, Pune | By Steffy Thevar

‘People, planet, profit’ is PM Modi’s mantra to industry

PM Narendra Modi’s remarks come in the backdrop of data showing that the Indian economy grew at 3.1% in the last quarter, with growth rate for 2019-2020 slipping to 4.2%, the slowest in 11 years on the back of falling investment and consumption.
Prime Minister Narendra Modi addressing on 95th Annual Day of Indian Chamber of Commerce via video conferencing in New Delhi on Thursday.(ANI Photo)
Prime Minister Narendra Modi addressing on 95th Annual Day of Indian Chamber of Commerce via video conferencing in New Delhi on Thursday.(ANI Photo)
Updated on Jun 12, 2020 01:42 AM IST
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Hindustan Times, New Delhi | By Rajeev Jayaswal

Indian states are short of money. They need help | Opinion

Changes of the past six years had put their finances in a precarious position. The current measures aren’t enough
Stranded migrant workers queue to collect health certificates, Pune, May 6, 2020(Ravindra Joshi/HTPhoto)
Stranded migrant workers queue to collect health certificates, Pune, May 6, 2020(Ravindra Joshi/HTPhoto)
Updated on May 17, 2020 06:48 PM IST
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By Avani Kapur and Udit Ranjan

Is this a good time to opt for a bigger SIP?

When you increase your SIP investment now, you will purchase a larger number of units at a lower price. This, effectively, will bring down your cost of acquiring units and increase your chances to gain more as markets start to pick up.
It’s time to start an SIP. And, if you already have an SIP running, then it’s time you boosted your monthly SIP amount.(Axis Mutual Fund)
It’s time to start an SIP. And, if you already have an SIP running, then it’s time you boosted your monthly SIP amount.(Axis Mutual Fund)
Updated on May 20, 2020 06:46 PM IST
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By Brand Post

IMF projects India’s growth rate at 1.9% in 2020 due to coronavirus

With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. But the International Monetary Fund, in its latest edition of the World Economy report, has placed India as the fastest-growing emerging economies of the world.
India’s growth rate in 2021 is projected at 7.4 per cent, while that of China at 9.2 per cent. The United States has been projected to grow at 4.5 per cent and Japan 3 per cent, the IMF report said. (Photo: Raj K Raj/Hindustan Times)
India’s growth rate in 2021 is projected at 7.4 per cent, while that of China at 9.2 per cent. The United States has been projected to grow at 4.5 per cent and Japan 3 per cent, the IMF report said. (Photo: Raj K Raj/Hindustan Times)
Updated on Apr 14, 2020 06:25 PM IST
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Washington | By Press Trust of India

India’s quest for high growth

It will have to address structural issues, unexpected disruptions
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)
Updated on Feb 20, 2020 08:05 PM IST
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Hindustan Times | By HT Correspondent

An insider’s tale of UPA’s success, failure, writes Karan Thapar

Montek Ahluwalia’s telling of the UPA’s 10 years, in his book, Backstage: The story behind India’s high growth years, raises an intriguing question: Why, after achieving so much, as he convincingly argues, did it crash out in disgrace?
Ahluwalia ends by revealing, “I have often urged Dr Manmohan Singh to write his memoirs but have had no luck so far.” The former PM is waiting for history’s verdict, confident it will be kinder than that of his contemporaries(PTI)
Ahluwalia ends by revealing, “I have often urged Dr Manmohan Singh to write his memoirs but have had no luck so far.” The former PM is waiting for history’s verdict, confident it will be kinder than that of his contemporaries(PTI)
Updated on May 15, 2020 02:39 PM IST
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What the Union Budget did not say | Opinion

The focus should have been on rejuvenating the informal economy, not the vision of formalisation
A distress-ridden rural and informal sector has the potential of triggering a contagion in the formal economy as well(Ajay Aggarwal/HT PHOTO)
A distress-ridden rural and informal sector has the potential of triggering a contagion in the formal economy as well(Ajay Aggarwal/HT PHOTO)
Updated on Sep 06, 2020 05:36 PM IST
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Hindustan Times | By Roshan Kishore

Union Budget 2020 highlights| All tax exemptions will be removed gradually: Nirmala Sitharaman

Union finance minister Nirmala Sitharaman presented the annual Budget 2020 in the Parliament on Saturday. She said that the budget was focused on three themes — aspirational India, economic development for all and caring society. The reduction in income tax rates remained the highlight of Sitharaman’s budget speech. In the new I-T regime, those earning between Rs 5 lakh and 7.5 lakh, will now pay 10% as personal income tax as against the prevailing 20%. Among other key measures the government said it would spend Rs 99,300 crore on skill development. She also announced reduction corporate taxes and vowed to make India a preferred investment destination. Follow live updates from the Union Budget 2020 here:

Updated on Feb 01, 2020 08:25 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

GDP growth rate for 2018-19 revised downwards to 6.1%

The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 per cent from 6.8 per cent estimated earlier mainly due to deceleration in mining, manufacturing and farm sectors.
Image for representation(File photo)
Image for representation(File photo)
Updated on Jan 31, 2020 07:01 PM IST
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New Delhi | By Press Trust of India

Budget 2020: Nirmala Sitharaman will have to make difficult choices

The near-term focus must be on balancing the demand stimulus, fiscal consolidation and credible accounting
Finance minister Nirmala Sitharaman addresses a press conference, New Delhi, January 28, 2020(ANI)
Finance minister Nirmala Sitharaman addresses a press conference, New Delhi, January 28, 2020(ANI)
Published on Jan 28, 2020 07:40 PM IST
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By Samiran Chakraborty

Artificial Intelligence is driving intelligent automation, augmentation and disruptive innovation

Enterprises that use Artificial Intelligence to amplify human potential will lead, while those that don’t will lag. Today, business leaders are realizing that for AI to reach its full potential they must develop competency in new-age technologies to gain actionable insights.
Ashish Sukhadeve, Founder and CEO, Analytics Insight
Ashish Sukhadeve, Founder and CEO, Analytics Insight
Updated on Jan 20, 2020 05:28 PM IST
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UN lowers India growth forecast; expects momentum to pick up in 2020

According to the United Nations World Economic Situation and Prospects (WESP) 2020, a growth rate of 2.5 per cent is possible in 2020, but a flare up of trade tensions, financial turmoil, or an escalation of geopolitical tensions could derail a recovery.
In a downside scenario, global growth would slow to just 1.8 per cent this year. (Representative Image)(Getty Images/iStockphoto)
In a downside scenario, global growth would slow to just 1.8 per cent this year. (Representative Image)(Getty Images/iStockphoto)
Updated on Jan 16, 2020 11:40 PM IST
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United Nations | By Press Trust of India

Budget 2020: Focus on growth

Address unemployment, boost demand, push policy reforms
India needs synergy in its efforts to seek long-term finance to sustainably finance investments and provide attractive returns to households outside what continues to be an overvalued stock market(PTI)
India needs synergy in its efforts to seek long-term finance to sustainably finance investments and provide attractive returns to households outside what continues to be an overvalued stock market(PTI)
Updated on Jan 15, 2020 07:04 PM IST
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Nirmala Sitharaman’s comeback to Congress over Rahul Bajaj’s criticism is a bundle of darts

Bajaj had alleged that investment had taken a beating in view of what he described as a vitiated atmosphere in the country over the past five years. That comment was described by many on social media and the Congress as an instance of speaking truth to power.
Union Finance minister Nirmala Sitharaman speaks in Lok Sabha during the ongoing winter session of Parliament, in New Delhi on Monday. (ANI Photo/ LSTV TV Grab)
Union Finance minister Nirmala Sitharaman speaks in Lok Sabha during the ongoing winter session of Parliament, in New Delhi on Monday. (ANI Photo/ LSTV TV Grab)
Updated on Jul 31, 2020 09:20 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

Retail inflation in October rises to 4.62%, breaches RBI’s medium term target of 4%

India’s factory output shrank for the second straight month at 4.3% in September, recording its worst show since the present series was launched in April 2012.
Updated on Nov 13, 2019 05:53 PM IST
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Hindustan Times, New Delhi | By Asit Ranjan Mishra

China’s Tibet: A story of progress | Analysis

Tibet has been part of China since ancient times. It enjoys development and religious freedom
Those who claim “the Chinese government violates religious freedom of the Tibetan people” either have never been to Tibet or harbour ulterior motives(REUTERS)
Those who claim “the Chinese government violates religious freedom of the Tibetan people” either have never been to Tibet or harbour ulterior motives(REUTERS)
Updated on Nov 05, 2019 06:23 PM IST
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By Sun Weidong

Govt may pump more funds into NREGS to boost rural economy

Many analysts have underlined that the BJP’s below-par performance in the Maharashtra and Haryana assembly elections reflected concern, among other factors, about the economy, which slumped to a growth rate of 6% in the three months to June 30, the slowest pace in over six years.
The job surge under the scheme has exhausted ~50,000cr of the ~60,000cr allocated to the programme in this year’s budget.(HT File)
The job surge under the scheme has exhausted ~50,000cr of the ~60,000cr allocated to the programme in this year’s budget.(HT File)
Updated on Oct 27, 2019 12:59 AM IST
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New Delhi | By Saubhadra Chatterji, Zia Haq

Economy in vicious slowdown, growth unlikely to cross 6%: Manmohan Singh

Former Prime Minister Manmohan Singh said the NDS A government can’t keep on blaming the UPA year after year given that they have in power for more than five years.
Former Prime Minister Manmohan Singh on Thursday said here was no hope of the government reaching the target of a $5 trillion economy by 2024.(PTI)
Former Prime Minister Manmohan Singh on Thursday said here was no hope of the government reaching the target of a $5 trillion economy by 2024.(PTI)
Updated on Oct 17, 2019 06:34 PM IST
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Hindustan Times, Mumbai | By HT Correspondent

‘Cut rates, reform more to revive economy’: IMF tells India

IMF on Tuesday slashed India’s growth projection to 6.1% for the current fiscal from its July forecast of 7%.
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington on Tuesday.(Bloomberg)
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington on Tuesday.(Bloomberg)
Updated on Jul 11, 2020 04:55 PM IST
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Hindustan Times, New Delhi | By Asit Ranjan Mishra

World Bank slashes India’s GDP growth in FY’20 to 6%

The World Bank though said that GDP growth rate was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.
In the quarter ended June, India’s GDP growth slowed down to 5%(Ramesh Pathania)
In the quarter ended June, India’s GDP growth slowed down to 5%(Ramesh Pathania)
Updated on Oct 14, 2019 05:24 AM IST
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Hindustan Times, New Delhi | By Asit Ranjan Mishra

Odisha court disqualifies woman from Panchayat body for having three kids

A member of Tajungia panchayat samiti, Ruda Mallik had filed a petition against Pradhan alleging that she had hidden the number of children she had to escape the provisions of the Act. Pradhan was elected as chairperson of the Daringibadi panchayat samiti in 2017.
The history of the two-child norm in panchayats began after the 1991 census when the National Development Council set up a committee on population under the chairmanship of erstwhile Kerala CM K Karunakaran in 1992. (Image used for representation).(HT FILE PHOTO.)
The history of the two-child norm in panchayats began after the 1991 census when the National Development Council set up a committee on population under the chairmanship of erstwhile Kerala CM K Karunakaran in 1992. (Image used for representation).(HT FILE PHOTO.)
Updated on Oct 02, 2019 01:43 AM IST
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Hindustan Times, Bhubaneswar | By Debabrata Mohanty

RSS labour wing for special farm packages

While the Narendra Modi government has described the slowdown, which pushed economic growth down to an over six-year low of 5% in the quarter to June, as a cyclical process, the Opposition has blamed its economic policies for the downturn evidenced by high-frequency indicators such as auto sales.
The Bharatiya Mazdoor Sangh (BMS), the labour wing of the Rashtriya Swayamsevak Sangh (RSS), has warned the government that the economy will take a turn for the worse unless it comes up with special packages to boost farming(Ravi Choudhary/HT PHOTO)
The Bharatiya Mazdoor Sangh (BMS), the labour wing of the Rashtriya Swayamsevak Sangh (RSS), has warned the government that the economy will take a turn for the worse unless it comes up with special packages to boost farming(Ravi Choudhary/HT PHOTO)
Updated on Sep 28, 2019 12:49 AM IST
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New Delhi | By Smriti Kak Ramachandran
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