Household savings, consumer sentiment to drive economic recovery post pandemic: CMIE
Citing data from RBI, CMIE said household financial savings in India shot up to 21 per cent of GDP in the first quarter of fiscal year 2020-21 after averaging 7.2 per cent in 2018-19.
BusinessToday.In | April 6, 2021 | Updated 15:30 IST
Consumer sentiments will also play an important role in recovery from COVID-19 pandemic, CMIE said.
The coronavirus pandemic and the subsequent lockdown to curb the spread of infections hit consumer sentiment in India and led to an increase in household savings, and these two factors will drive the economic recovery after the pandemic, think tank CMIE has said.
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Kamat said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa.
Margao: Taking a jibe at Pramod Sawant led Bharatiya Janata Party (BJP) government in Goa, Leader of Opposition Digambar Kamat on Sunday (April 4) said that data released by the Centre for Monitoring Indian Economy (CMIE) ranking Goa second in unemployment was another feather in the cap for the state government.
Kamat also said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa. The directionless BJP government has pushed Goa into financial bankruptcy and economic disaster since grabbing power in 2012. The data released by the CMIE has once again exposed the false claims of the BJP government on employment in the state. This is a tight slap on the face of all those who are doing false propaganda of creating job opportunities for youth in Goa, the LoP said.
Goa ranks 2nd in unemployment, another feather in cap for state govt: Digambar Kamat ANI | Updated: Apr 04, 2021 20:46 IST
Margao (Goa) [India], April 4 (ANI): Taking a jibe at Pramod Sawant - led Bharatiya Janata Party (BJP) government in Goa, Leader of Opposition Digambar Kamat on Sunday said that data released by the Centre for Monitoring Indian Economy (CMIE) ranking Goa second in unemployment was another feather in the cap for the state government.
Kamat also said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa The directionless BJP government has pushed Goa into financial bankruptcy and economic disaster since grabbing power in 2012. The data released by the CMIE has once again exposed the false claims of the BJP government on employment in the state. This is a tight slap on the face of all those who are doing false propaganda of creating job opportunities for youth in
Gautam Adani biggest gainer amid pandemic as new supercycle makes energy billionaires richer globally
Agencies
April 3, 2021
Back in October, Harold Hamm predicted a win by Joe Biden in the US election would “strange and starve oil and gas.” Instead, he’s made a killing.
With shares of his Continental Resources Inc. more than doubling in the past six months, Hamm’s personal fortune has jumped this year by $3.3 billion to $8.4 billion, according to the Bloomberg Billionaires Index.
Sure, Biden won in November and is now promoting policies to reduce greenhouse gas emissions. But crude prices have surged in recent months amid supply cuts and increased demand for natural gas to renewables as economies emerge from the Covid-19 crisis. Hamm, 75, who supported Donald Trump in the election, is one of the biggest gainers among energy billionaires.