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In the case of India, OECD has predicted a marginally steeper contraction than the 9.5% forecast by the RBI in fiscal 2021.(Sanjeev Verma/HT PHOTO (Representative image))

India’s GDP could rebound to 7.9% in 2021, says OECD

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON DEC 02, 2020 05:57 AM IST
India is expected to rebound to grow 7.9% in 2021 after recording a contraction of 9.9% this year (2020-21 in its case) and expand 4.8% in 2022.
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Brazilian President Jair Bolsonaro said on Monday Brazil’s relations with the United States are at their best moment ever.(Photo: Reuters)
Brazilian President Jair Bolsonaro said on Monday Brazil’s relations with the United States are at their best moment ever.(Photo: Reuters)

Brazil’s relations with the US at their best ever, says Jair Bolsonaro

By Reuters | Posted by Deepali Sharma | Brasilia
PUBLISHED ON OCT 19, 2020 09:19 PM IST
US Secretary of State Mike Pompeo said the U.S. Export-Import Bank would back projects valued at $450 million in Brazil this year.
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A woman walks past sale signs at the Myeongdong shopping district in Seoul. Covid--ravaged economies across the Asia Pacific are expected to contract this year for the first time in nearly six decades.(AFP)
A woman walks past sale signs at the Myeongdong shopping district in Seoul. Covid--ravaged economies across the Asia Pacific are expected to contract this year for the first time in nearly six decades.(AFP)

Govt must change how economies work after pandemic, says OECD report

By Prasun Sonwalkar | Hindustan Times, London
UPDATED ON SEP 15, 2020 08:58 PM IST
A report commissioned by the Organisation for Economic Cooperation and Development calls on countries to go beyond growth and radically reorient economic policy in the wake of Covid-19.
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Physical distancing to prevent contagion, testing people for the virus, and tracing and isolating those infected, will be the main instruments to fight the pandemic.(Reuters Photo)
Physical distancing to prevent contagion, testing people for the virus, and tracing and isolating those infected, will be the main instruments to fight the pandemic.(Reuters Photo)

World economy to contract at least 6% in 2020 due to Covid-19: Report

By Agence France-Presse| Posted by: Harshit Sabarwal | Paris
PUBLISHED ON JUN 10, 2020 02:13 PM IST
In a previous report in March, by when the outbreak had hit China but not yet the world’s other large economies, the OECD slashed its global growth forecast by half a percentage point to 2.4 percent, which would have been the worst performance since the 2008 financial crisis.
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India’s economic growth hit a more than six-year low of 4.7% in the December quarter (Photo: Aniruddha Chowdhury/Mint)
India’s economic growth hit a more than six-year low of 4.7% in the December quarter (Photo: Aniruddha Chowdhury/Mint)

India’s growth could be the next casualty of the coronavirus outbreak

By Asit Ranjan Mishra | Livemint
UPDATED ON MAR 03, 2020 01:40 PM IST
OECD slashed India’s growth forecast for 2020-21 by 110 basis points to 5.1% due to the impact of the virus.'An upturn will require a positive impact from reforms and monetary policy support in India,' said OECD in its interim economic assessment
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Passengers wearing protective masks pass through fare gates at a subway station in Shanghai, China, on Monday, March 2, 2020.(Bloomberg)
Passengers wearing protective masks pass through fare gates at a subway station in Shanghai, China, on Monday, March 2, 2020.(Bloomberg)

World economy may shrink due to coronavirus, says global watchdog; lowers growth forecast for 2020

By Agence France-Presse | Paris
UPDATED ON MAR 02, 2020 04:05 PM IST
In China, where the virus dubbed COVID-19 emerged in December, annual GDP growth is expected to reach just 4.9 percent, a 0.8 point drop from the OECD’s original growth forecasts announced last November.
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Choices made by education stakeholders affect rural communities, the urban poor, persons with disabilities, and women(Hindustan Times)
Choices made by education stakeholders affect rural communities, the urban poor, persons with disabilities, and women(Hindustan Times)

More students are in school. But it is not enough| Analysis

By Tijjani Muhammad-Bande
PUBLISHED ON JAN 23, 2020 06:54 PM IST
The decline in quality of education, and the gap between school learning and workplace requirements are concerns
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HT Image
HT Image

40 govt schools to wait further for 120 new lecturer posts

By Srishti Jaswal | Hindustan Times, Chandigarh, Chandigarh
UPDATED ON NOV 03, 2019 12:02 AM IST
UT had requested for creation of posts two years ago, MHRD returns proposal while seeking information
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The concept of EPR was introduced by amending the Plastic Waste Management Rules in 2016, but there are currently no comprehensive processes or guidelines that manufacturers or brands must follow. So, there are no fixed recycling targets.(HT image)
The concept of EPR was introduced by amending the Plastic Waste Management Rules in 2016, but there are currently no comprehensive processes or guidelines that manufacturers or brands must follow. So, there are no fixed recycling targets.(HT image)

New guidelines to put recycling onus on plastic manufacturers

By Zia Haq | Hindustan Times, New Delhi
UPDATED ON OCT 07, 2019 05:26 AM IST
To this end, the government is pushing manufacturers to put in place evidence-based mechanisms so that authorities can track what recycling firms undertake as EPR obligations, one of the officials cited above said.
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From living in their parents’ basements to colonizing Mars only to destroy it like Earth, millennials wished for early death via dark-themed jokes and memes about never been able to retire and blamed Baby Boomers.(Unsplash)
From living in their parents’ basements to colonizing Mars only to destroy it like Earth, millennials wished for early death via dark-themed jokes and memes about never been able to retire and blamed Baby Boomers.(Unsplash)

#MillennialRetirementPlans: Pessimistic millennials storm Twitter with gloomy retirement plans

By Indo Asian News Service | New Delhi
UPDATED ON SEP 18, 2019 03:59 PM IST
From living in their parents’ basements to colonizing Mars only to destroy it like Earth, millennials wished for early death via dark-themed jokes and memes about never being able to retire and blamed Baby Boomers.
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Trade as an engine of growth has come under strain: Between the great recession of the 1930s and the 2008 crisis, exports were an important driver of growth for non-developed countries.(HT image)
Trade as an engine of growth has come under strain: Between the great recession of the 1930s and the 2008 crisis, exports were an important driver of growth for non-developed countries.(HT image)

11 years after the Lehman Brothers collapse, crisis in global economy continues

By Vineet Sachdev and Roshan Kishore | Hindustan Times, New Delhi
UPDATED ON SEP 15, 2019 01:27 PM IST
Slowdown in growth has increased gap between North and South: The slowdown in growth in the non-OECD world has adversely affected their ability to catch up with the developed world in terms of per capita incomes.
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Antimicrobial resistance is a growing threat.(AP File)
Antimicrobial resistance is a growing threat.(AP File)

Infographic: Antimicrobial resistance a threat to everyone

UPDATED ON JUN 28, 2019 07:49 PM IST
According to a UN report, the misuse and overuse of antimicrobial drugs in humans, animals and plants are fuelling antimicrobial resistance (AMR) that makes it difficult to treat common infections like tuberculosis and malaria, which could cause 10 million deaths annually by 2050.
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Drug resistance currently causes at least 700,000 deaths each year, including 230,000 from multidrug-resistant tuberculosis. The most common drug resistant pathogens, including E. coli, K. pneumoniae, Salmonella spp., among others.
Drug resistance currently causes at least 700,000 deaths each year, including 230,000 from multidrug-resistant tuberculosis. The most common drug resistant pathogens, including E. coli, K. pneumoniae, Salmonella spp., among others.

Drug-resistant diseases as big a threat as climate change: UN

By Sanchita Sharma | Hindustan Times, New Delhi
PUBLISHED ON APR 30, 2019 07:38 AM IST
Antimicrobial (including antibiotics, antivirals, antifungal and antiprotozoal) agents are critical to fight diseases in humans, animals and plants, but misuse and overuse is making an increasing number of them ineffective.
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The World Bank ranks countries on 10 parameters, and, on five, India’s rank is low: Starting a business (137); Registering property (166); Paying taxes (121); Enforcing contracts (163); and Resolving insolvency (108)(Hindustan Times)
The World Bank ranks countries on 10 parameters, and, on five, India’s rank is low: Starting a business (137); Registering property (166); Paying taxes (121); Enforcing contracts (163); and Resolving insolvency (108)(Hindustan Times)

India can make it even easier to do business

By HT Correspondent | Hindustan Times
UPDATED ON NOV 01, 2018 05:44 PM IST
Addressing three key issues will help it break into the top 50 of the World Bank rankings
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Businessman taking pile of money, Indian Rupee banknotes, on his desk in a dark office - corruption concept(Getty Images/iStockphoto)
Businessman taking pile of money, Indian Rupee banknotes, on his desk in a dark office - corruption concept(Getty Images/iStockphoto)

A 3-point jump for India? Country’s share of global GDP growth expected to rise

By Alex Tanzi, Bloomberg | Hindustsn Times
UPDATED ON OCT 29, 2018 10:41 AM IST
India’s grasp of the second largest share will become more clear. India’s share of global GDP growth is expected to rise from 13 percent to almost 16 percent -- a jump of three percentage points.
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A garbage pile outside Ram Mandir Railway station in Mumbai in August, 2018.(HT Photo)
A garbage pile outside Ram Mandir Railway station in Mumbai in August, 2018.(HT Photo)

Spending money on garbage

By Manoj R Nair | Hindustan Times
UPDATED ON AUG 06, 2018 12:18 AM IST
Mumbai is expected to spend around 280 crore in the current financial year – almost 1% of its municipal budget – on disposing of its garbage
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Most rich people, however, are counting on living even longer —a lot longer, as in two decades more than average.(Shutterstock)
Most rich people, however, are counting on living even longer —a lot longer, as in two decades more than average.(Shutterstock)

Can rich people buy their way to good health and a longer life?

By HT Correspondent | Ben Steverman, Bloomberg
UPDATED ON APR 20, 2018 11:47 AM IST
Over the past few decades, the average person’s lifespan has risen almost everywhere in the world. And according to a survey, the rich are more than willing to sacrifice money for extra longevity. But does that work in their favour?
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