Manoj Kumar

India's roadside restaurateurs count cost of pandemic

Jun 18 2021

KARNAL, India Asin Sharma lies idle on a cot near his restaurant by a highway linking India's capital New Delhi with the northern state of Punjab.

India's May retail inflation picks up to 6.30% y/y, highest in six months

Jun 14 2021

NEW DELHI (Reuters) -India's retail inflation accelerated in May, at its fastest pace in six months as fuel and food prices rose at a higher pace, putting pressure on the central bank to tame prices amid a faltering economic recovery.

India's economic growth picks up before huge COVID-19 wave hit

May 31 2021

NEW DELHI (Reuters) -India's annual economic growth rate picked up in January-March compared with the previous three months, but economists are increasingly pessimistic about this quarter after a huge second wave of COVID-19 infections hit the country last month.

India's economy likely accelerated in Jan-Mar, before COVID-19 wave

May 30 2021

NEW DELHI India's economic growth likely picked up in the January-March quarter from the previous three months, but economists have grown more pessimistic about this quarter after a harsh second wave of COVID-19 hit the country last month.

India to borrow $22 billion more this FY to compensate states for tax shortfall

May 28 2021

NEW DELHI India's federal government will borrow $22 billion from the market to compensate the country's states for a shortfall in tax receipts this fiscal year, but it deferred cutting taxes on medicines and medical equipments used to treat coronavirus patients.

Indian state finance chiefs to seek relief as tax revenues collapse

May 26 2021

NEW DELHI/MUMBAI India's top finance officials will at a meeting on Friday discuss compensation for states that are already battling lower tax revenues while also gearing up for more expenses linked to COVID-19 vaccinations, government and industry officials said.

India warns against mass farmers protest, citing COVID 'super-spreader' risk

May 24 2021

NEW DELHI (Reuters) -Indian government leaders appealed to farmers to call off a mass protest this week for fear it could prove a viral "super-spreader" event as the country's overall death toll from COVID-19 crossed 300,000 on Monday. | Video

Indian hospitals turn away patients in COVID-19 'tsunami'

Apr 24 2021

NEW DELHI Overwhelmed hospitals in India begged for oxygen supplies on Saturday as the country's coronavirus infections soared again overnight in a "tsunami" of disease, setting a new world record for cases for the third consecutive day. | Video

India's daily coronavirus cases climb to new world record as hospitals buckle

Apr 24 2021

NEW DELHI, April 24 India's coronavirus infections rose by 346,786 overnight, the health ministry said on Saturday, setting a new world record for the third consecutive day, as overwhelmed hospitals in the densely-populated country begged for oxygen supplies.

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