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With economy reeling under second wave, RBI not expected to change interest rates tomorrow

RBI is weighing the need for supporting growth despite surging inflation keeping in mind factors such as localised lockdowns, widening output gap and rising jobless rate. ....

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Why Bangladesh - not India or Pakistan - is destined to be the economic star of South Asia

Bangladesh’s growth rests on three pillars: exports, social progress and fiscal prudence. The share of women in its labour force has also consistently grown, unlike in India and Pakistan. ....

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BSNL won't be profitable in another 2 yrs, although VRS will save Rs 10,000 cr/yr: MPs' panel

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New Delhi: The Bharat Sanchar Nigam Limited (BSNL) won’t be profitable for another two years, despite saving nearly Rs 10,000 crore annually with employees opting for voluntary retirement, a parliamentary standing committee has noted in its report.Â
âThe expenditure of BSNL has reduced from Rs. 34,400 crore per annum to Rs. 24,687 crore per annum (Annualized value of 9 months figures) mainly due to savings in employee benefits expense, due to VRS [Voluntary Retirement Scheme] as part of revival package,â the Parliamentary Standing Committee on Information Technology said in its report tabled in the Lok Sabha and the Rajya Sabha on 10 March. ....

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Defence sales to India shows commitment to security, sovereignty, says US

Defence sales to India shows commitment to security, sovereignty, says US
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

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Donald Trump faces uncertain political future after historic rebuke

Donald Trump faces uncertain political future after historic rebuke
Donald Trump faces uncertain political future after historic rebuke
The backlash against Trump in the wake of the Capitol violence has been swift, creating an unprecedented test of the vise-like grip he’s held on his party since 2016.
Justin Sink 14 January, 2021 9:14 am IST
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Washington: Donald Trump’s political future suffered a grave blow on Wednesday after the House impeached him for a second time, an unprecedented rebuke that may result in the White House doors being forever shut to him.
Ten Republicans crossed the aisle to join all House Democrats in declaring that Trump deserved removal from office for inciting an insurrection, offering a withering coda to the president’s inglorious fall. ....

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