Overall consumption of petroleum products was almost at pre-Covid levels last month with petrol and LPG sales posting a year-on-year increase.
PMC Bank, put under restrictions in September 2019, had invited expressions of interest in November, and 4 entities — financial sector players and corporates — have come forward.
Young people have been affected by working-hour and job losses, the ILO said, with the youth share of employment losses three to 18 times higher than their share of total employment.
These themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product.
The IFSC regulator has approved banking regulations for IBUs. It has allowed resident Indians, with a net worth of not less than $1 million, to invest in IBUs.
Speaking at the Assocham Foundation Week, Finance Minister Nirmala Sitharaman also said that the pace of disinvestment, hit by the Covid, will pick up in the coming months.
The US-based rating agency said rising demand and falling infection rates in India have led to revision of the real GDP growth from the negative 9% growth previously.
Oaktree Capital Group has offered Rs 366.5 billion, up from Rs 310 billion in its previous bid for DHFL. Piramal Enterprises and Adani Group also improved their proposals.
China's industrial output rose 7% in November from a year earlier, and retail sales expanded 5%. The data shows the breadth of the recovery since a contraction in output in Q1.
India & US earned top grades for robust disclosure regimes across 6 categories including fees, transparency of fund holdings & issues such as conflicts of interest.