India has been through two devastating waves of Covid-19. Data suggests the country has lost as many as 4.68 lakh lives to the disease. Multitudes of livelihoods have been affected, the work culture has evolved overnight, record-breaking strides in science have been made and yet, just as the sentiment was beginning to improve, Omicron has emerged.
Data shows that business optimism for the fourth quarter of this calendar year is the highest since the second quarter of the calendar year 2014 with the construction sector most optimistic on the level of the selling price, inventory levels, and hiring of employees.
With money laundering and terror financing becoming easy due to the lack of coordinated global rules with respect to cryptocurrencies, new global norms are being set on its permission and management. The Indian Parliament will be addressing the issue of regulation/banning of cryptocurrencies next week onwards. The norms India sets might have to be in line with the FATF norms.
As many as 438 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.34 lakh crore, according to a report.
Paytm’s parent One97 Communications on Saturday reported a loss of Rs 461 crore for the quarter ended September 2021 compared to Rs 390 crore in the corresponding quarter last year and Rs 394 crore in the previous quarter ended June 2021. Losses widened on the back of a 40% jump in expenses in the second quarter.
"It was a frustrating evening; the price was fluctuating so much. I was trying to sell some coins and buy a few to average out but was unable to do so. There was a problem with the MobiKwik wallet and it lasted till Wednesday. The prices went up the next day, and I lost out because I couldn't trade," Gopal Somani said.
India currently fixes the rates for two dozen farm commodities, including some grains and pulses, and procures limited volumes for its welfare programs at those levels. Private players buy agricultural goods at market-determined prices.
