India is expected to grow at 7.2% in 2021 but economic growth could decelerate next year, according to a United Nations report which said the recovery in the country is constrained by the ongoing human and economic cost of the Covid pandemic and the negative impact of food price inflation on private consumption. The UNCTAD Trade and Development Report 2021, released here on Wednesday, sounded a cautiously optimistic note to say that the global economy is set for a strong recovery in 2021, albeit with a good deal of uncertainty clouding the details at the regional and country levels over the second half of the year.
India
Govt invokes emergency provision to step up power supply
New Delhi (TIP) – The Centre has invoked an emergency procedure under the Electricity Act to compel imported-coal-based plants to begin generating electricity. In return, power producers have been allowed to pass through their costs […]
India
Kejriwal skips 5th summons in excise policy case
Delhi Chief Minister Arvind Kejriwal skipped the Enforcement Directorate’s summons for the fifth time in connection with the money-laundering probe related to irregularities in the Delhi excise policy case. The fresh summons to the Delhi […]
Indian Americans
Punjab-origin gangster Amarpreet Samra shot in Canada
VANCOUVER, CANADA (TIP): In a suspected case of gang war, Punjab-origin gangster Amarpreet Samra was shot dead at south Vancouver in Canada when he was coming out of a wedding reception on Sunday, May 28 […]
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