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Jharkhand CM Hemant Soren receives a guard of honour on the occasion of 72nd Republic Day, at Parade Ground in Dumka (Photo: PTI)
Jharkhand CM Hemant Soren receives a guard of honour on the occasion of 72nd Republic Day, at Parade Ground in Dumka (Photo: PTI)

Jharkhand to reserve 75% jobs in private sector for locals: CM Hemant Soren

  • Jharkhand CM Hemant Soren said 2021 will be the year of appointments
  • The Jharkhand govt will launch a universal pension scheme to provide 1,000 a month to all elderly people of the state, Soren said

Protesting farmers' during their Tractor rally against the new farm laws at Outer Ring Road near Mukarba Chowk in New Delhi
India’s September quarter GDP estimate at -7.5% after -23.9% in the June quarter positively surprised analysts (REUTERS)
India’s September quarter GDP estimate at -7.5% after -23.9% in the June quarter positively surprised analysts (REUTERS)

India's GDP growth to contract by 8% in FY21, says IMF

  • IMF also revised upward its projections for FY22 to 11.5% from 8.8% estimated earlier
  • IMF has projected world economy to recover a little faster and grow at 5.5% in 2021 after contracting 3.5% in 2020

Around 16-20% of an international investor’s portfolio is diversified outside their local country
Around 16-20% of an international investor’s portfolio is diversified outside their local country

India gains prominence among US ETF investors

  • According to ETF Database, there are 12 India-focused exchange traded funds (ETFs) listed in the US with an asset under management (AUM) of $7.26 billion as of 26 January
  • Apart from stocks, US-based investors are also interested in dollar-denominated Indian bonds

A farmer throws back a tear gas shell fired by the police to disperse them during a tractor rally in New Delhi (AFP)
A farmer throws back a tear gas shell fired by the police to disperse them during a tractor rally in New Delhi (AFP)

Punjab, Haryana on 'high alert' amid farmers' tractor rally in national capital

  • Punjab Chief Minister Amarinder Singh said the violence during the farmers' tractor parade against the new agriculture laws in Delhi is unacceptable
  • Tens of thousands of protesters clashed with police in multiple places in Delhi, leading to chaos in well-known landmarks of the city and suburb

This is the third year in a row that India has kept its number four position globally after the US, China and the UK ( Photo: iStock)
This is the third year in a row that India has kept its number four position globally after the US, China and the UK ( Photo: iStock)

Indian startups attract $10.14 bn in funding in 2020: Report

Weathering negative sentiment, seed stage investment deals grew by 50% from $353 million over 420 deals in 2019 to $372 million over 672 deals in 2020, the report said

TOPSHOT - A farmer throws back a tear gas shell fired by the police to disperse them during a tractor rally as farmers continue to demonstrate against the central government's recent agricultural reforms in New Delhi on January 26, 2021. (Photo by Sajjad HUSSAIN / AFP) (AFP)
TOPSHOT - A farmer throws back a tear gas shell fired by the police to disperse them during a tractor rally as farmers continue to demonstrate against the central government's recent agricultural reforms in New Delhi on January 26, 2021. (Photo by Sajjad HUSSAIN / AFP) (AFP)

Additional forces being deployed after violence during farmers' tractor rally

The exact number of additional troops was not known immediately but officials suggested that it could be around 1,500 to 2,000 personnel (about 15 to 20 companies)

Farmers' break the barriers after breaching the routes during their Tractor rally at Ghazipur Border in New Delhi on Tuesday (Photo: ANI)
Farmers' break the barriers after breaching the routes during their Tractor rally at Ghazipur Border in New Delhi on Tuesday (Photo: ANI)

Traffic mayhem in many parts of Delhi due to farmers' tractor parade

The traffic on Delhi roads, though thin due to the Republic Day holiday, was thrown completely out of gear with hordes of protesting farmers deviating from the pre-designed rally routes and driving their tractors towards Delhi from Singhu, Tikri, Ghazipur and other border points

An empty vial of the second dose of the Sputnik V vaccine (REUTERS)
An empty vial of the second dose of the Sputnik V vaccine (REUTERS)

Iran approves Russia's Sputnik V Covid-19 vaccine

Iran, which is fighting the Middle East's deadliest outbreak, has said it will only rely on vaccines made by Russia, India or China, while also working to produce a homemade jab

With the latest projections, India regains the tag of the fastest developing economies of the world. (Photo: Reuters)
With the latest projections, India regains the tag of the fastest developing economies of the world. (Photo: Reuters)

IMF projects impressive 11.5% growth rate for India in 2021

The IMF today projected an impressive 11.5% growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic

A vial and a syringe of the Pfizer/BioNTech Covid-19 vaccine (AFP)
A vial and a syringe of the Pfizer/BioNTech Covid-19 vaccine (AFP)

Covid-19 vaccinations will power 5.5% global economic growth in 2021: IMF

  • After sinking 3.5% in 2020, the worst year since World War II, the global economy is expected to grow 5.5% this year
  • The vaccines should contain the spread of the virus and allow governments around the world to ease lockdowns and encourage a return to normal economic activity

Indian Railways
The real estate sector has been down and out for about five years, with the last two years being particularly bad on the back of demonetisation and implementation of RERA and GST. Photo: Mint
Protesting farmer march to the capital on the Republic Day (AP)
Protesting farmer march to the capital on the Republic Day (AP)

Explained: What farmers want and why they are protesting

  • Thousands of farmers have been camping at several Delhi border points since 26 November
  • On 11 January, the SC stayed the implementation of new farm laws till further orders and decided to set up a 4-member committee to resolve the impasse between the Centre and farmers' unions protesting

Photo: ANI
Farmers ride on tractors during their 'Kisan Gantantra Parade' in New Delhi (PTI)
Punjab Chief Minister Amarinder Singh
Italy's Prime Minister Giuseppe Conte  (AFP)
The informal sector accounts for more than 60% of jobs in a number of large developing countries, including India, Indonesia and Mexico.
The informal sector accounts for more than 60% of jobs in a number of large developing countries, including India, Indonesia and Mexico.

Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN

India's economic growth is forecast to be 7.3% in 2021, the fastest-growing major economy with only China coming in a close second with a 7.2% projected growth rate in the calendar year 2021, the report said

Photo: Mint
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