Govt borrowing for FY21 up to Rs 12 lakh crore

Govt borrowing for FY21 up to Rs 12 lakh crore

The Union government sharply raised its gross borrowing programme for this fiscal from the budgeted Rs 7.8 lakh crore to Rs 12 lakh crore, signalling a major slippage in fiscal deficit amid rising pressures on both revenue and expenditure because of the Covid-19 pandemic. The “revision in borrowings has been necessitated on account of the […]

Misbah wants cricket resumption, even if behind closed doors

Misbah wants cricket resumption, even if behind closed doors

LAHORE: Pakistan head coach and chief selector Misbah-ul-Haq says being confined to home due to the coronavirus-forced lockdown can become depressing and wants some cricket activities to resume soon even if the matches have to take place behind closed doors with proper safety barriers. There are reports that the England and Wales Cricket Board (ECB) […]

Roadside bomb kills 6 Pakistani troops

Roadside bomb kills 6 Pakistani troops

At least six security personnel, including an Army major, were killed on Friday when a roadside bomb struck a patrol vehicle in a remote area in southwestern Pakistan, close to the border with Iran. The Army said in a statement that a vehicle of paramilitary Frontier Corps was targeted through a remote-controlled improvised explosive device […]

Police sub-inspector, four Maoists killed in Chattisgarh gunfight

Police sub-inspector, four Maoists killed in Chattisgarh gunfight

Four Maoists including two women and a sub-inspector of police were among killed during a gunfight in Chhattisgarh’s Rajnandgaon district on Friday night. According to Hindustan Times, the gunfight took place at around 10.30pm in the jungles near Pardhoni village under Manpur police station when the police team was out on an anti-Maoist operation. “We […]

Pakistan’s reference to Kashmir at NAM Summit was ‘propaganda exercise’, says govt

Pakistan’s reference to Kashmir at NAM Summit was ‘propaganda exercise’, says govt

The Indian government perceives Pakistan’s efforts to raise the Kashmir issue at a virtual summit of the Non-Aligned Movement (NAM) on the Covid-19 pandemic as a “propaganda exercise”, people familiar with developments said on Tuesday. Pakistan President Arif Alvi, who represented the country at the NAM Summit via video conference on Monday, used the occasion […]

Unemployment rate soars to 27.11% amid COVID-19 pandemic: CMIE

Unemployment rate soars to 27.11% amid COVID-19 pandemic: CMIE

Amid suspended economic activity to counter the spread of the COVID-19 pandemic, India’s unemployment rate surged to 27.11 per cent for the week ended May 3 from the level of 6.74 per cent in the week ended March 15, the data from the Centre for Monitoring Indian Economy (CMIE) showed. Unemployment rate had moderated to 21.05 per […]

India gears up for Vande Bharat, Samudra Setu missions: Everything you need to know

India gears up for Vande Bharat, Samudra Setu missions: Everything you need to know

In one of the largest evacuation exercises since the 1990 Kuwait airlift, the government will operate 64 flights from May 7 to 13 to bring home thousands of Indian nationals stranded abroad due to the coronavirus lockdown. Named “Vande Bharat Mission”, Minister of External Affairs S Jaishankar said on Tuesday that preparations for the operation had commenced and […]