It is official, India heads for recession
2020-21 GDP growth likely to remain in negative territory, says RBI Guv
Mumbai: Painting a gloomy picture of the economy, the Reserve Bank of India (RBI) on Friday said the impact of COVID-19 is more severe than anticipated and the GDP growth during 2020-21 is likely to remain in the negative territory. The outlook of inflation also remains “highly uncertain”, RBI Governor Shaktikanta Das said while announcing […]
China hikes defence budget to USD 179 billion
Beijing: China, the second-largest military spender after the US, on Friday hiked its defence budget by 6.6 per cent to USD 179 billion, nearly three times that of India, the lowest increment in recent years amidst the massive disruption caused to the communist giant’s economy by the COVID-19 pandemic. China, which has the world’s largest […]
SpiceJet opens booking for domestic flights
Mumbai: No-frills carrier SpiceJet on Friday announced the opening of booking for its domestic flights as it resumes operations with a little over 200 daily flights to 41 destinations after a hiatus of almost two months. Operations of commercial passenger flights were suspended from March 25 in the wake of COVID-19 and subsequent lockdown. The […]
Coronavirus originated from China, US won’t take it lightly: Trump
Washington: The deadly coronavirus came from China and the US is not going to take it lightly, President Donald Trump said on Thursday. “It came from China. We are not happy about it. We just signed a trade deal, the ink wasn’t dry and all of the sudden this floated in. We are not going […]
Muslims targeted under garb of fighting COVID-19 pandemic: AMUTA
Aligarh (UP): The Aligarh Muslim University (AMU) Teachers’ Association on Friday passed a resolution expressing shock and anguish at the manner in which the country’s Muslim community is allegedly being stigmatised under the garb of fighting the COVID-19 pandemic. The AMUTA which held a special meeting of its executive committee has forwarded the resolution to […]
Pak, Indian armies resort to LoC shelling in Poonch, Rajouri
Jammu: The Pakistan Army on Friday shelled forward areas along the Line of Control (LoC) in Jammu and Kashmir’s Poonch and Rajouri districts, drawing retaliation from the Indian Army, a defence spokesperson said. “At about 0720 hours today, Pakistan Army initiated unprovoked ceasefire violation by firing with small arms along LoC in Nowshera sector of […]
