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The downgrade was mainly on account of the impact of the Covid-19 pandemic
RBI also announced the launch of the next round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the ongoing quarter
The report quoted an unnamed official as saying that a final decision would be taken only after an assessment of the various choices
The Centre has been implementing Mega Food Park Scheme to create modern infrastructure for the food processing sector
RAI said that the highest decline was witnessed in the sports goods category at 66%, while food and groceries had the least dip of just 7%
India's top four software exporters Tata Consultancy services (TCS), Infosys, HCL technologies and Wipro will hire over 1,20,000 freshers in India
Centre increased the dearness allowance and dearness relief for government employees and pensioners to 28% of basic pay from 17% effective from 1 July
The government is planning to overhaul the Consumer Price Index for agricultural (CPI-AL) and rural workers (CPI-RL).
West Bengal, a front-ranking state industrially after Independence, declined steadily while backbenchers came up in the ease of doing business
Unicorns are hiring software engineers and back-end and front-end developers with nearly twice their old salaries.