Across the country, male literacy level was 84.7 percent while the female literacy level was 70.3 percent. The gender-gap in terms of the metric was evident, with male literacy rates higher than female literacy rates across all states. … [Read more...] about Kerala, Delhi see highest literacy rates; Andhra Pradesh at the bottom
Interest rate
Dues payment over 10 years not enough to aid Vodafone Idea; expect market gains for Airtel, Jio: Fitch Ratings
"We estimate industry ARPU to grow by around 10 percent in FY21, as users upgrade gradually to higher-tariff 4G price,” it said, citing Bharti’s stance that industry’s monthly ARPU needs to touch about Rs 200 and eventually Rs 300 for a sustainable business. … [Read more...] about Dues payment over 10 years not enough to aid Vodafone Idea; expect market gains for Airtel, Jio: Fitch Ratings
India Ratings revises FY21 GDP growth projection to negative 11.8%
The previous lowest was negative 5.2 percent in FY80, it said. The agency said the negative 23.9 percent growth in the first quarter of FY21 is the first contraction in quarterly GDP data series which has been made available in the public domain since the first quarter of FY98. … [Read more...] about India Ratings revises FY21 GDP growth projection to negative 11.8%
Diesel price dips below Rs 73 per litre, petrol rate cut for the second time in 6 months
The September 3 was the first reduction in diesel price since mid-March when Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) froze rates for 82 days to adjust a record hike in excise duty on auto fuels against falling benchmark cost. … [Read more...] about Diesel price dips below Rs 73 per litre, petrol rate cut for the second time in 6 months
CARE Ratings projects sharper GDP contraction of 8-8.2% for FY21
The factors that are working well in the economy are more in the agricultural sector as well as the financial domain where a good monsoon as well as the efforts of the government and the RBI to enhance the flow of credit have shown some positive tendencies, the rating agency said.The unlock process has been gradual, and it needs to be seen whether there is continuity in the approach which will have a bearing on the resumption of some services and the attainment of minimum capacity utilisation in these sectors, it added. … [Read more...] about CARE Ratings projects sharper GDP contraction of 8-8.2% for FY21
