Coal Output Growth At -15.5% Vs 4% (MoM)Crude Oil Output Growth At -6.4% Vs -5.5% (MoM)Natural Gas Output Growth At -19.9% Vs -15.1% (MoM)Refinery Products Output Growth At -24.2% Vs -0.5% (MoM)Fertilizers Output Growth At -4.5% Vs -11.9% (MoM)Electricity Output Growth At -22.8% Vs -8.2% (MoM) … [Read more...] about India GDP data highlights: Growth falls to 3.1%; agriculture sector grows at 5.9%
Sustained growth definition
When our body contracts an infection, it automatically produces antibodies to fight off that infection. Otherwise, vaccines, which often carry the disease-causing microorganism in a dormant or inactive state, help the body produce those antibodies so as to protect an individual from catching the infection, making him/her immune to it. Besides, if an individual is immune to a disease, he/she cannot pass it on to others. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
"The store closures resulting from back-to-back lockdowns have adversely affected our business operations and led to significant decline in revenues, which was otherwise growing at 29 percent over last year till mid-March. This impacted gross margins and EBITDA disproportionately, as large part of our business expenses are fixed costs,” said V-Mart Retail in a post-earning statement. … [Read more...] about V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore
"At the same time, given the subdued demand, material prices have come down and savings are expected to accrue on the future project material sourcing. In addition, the careful selection of projects and protected contractual terms would help in mitigating the liquidity risk and margin erosion," said Voltas. … [Read more...] about COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas
India's gross domestic product (GDP) grew 3.1 percent during January-March this year, as the COVID-19 induced disruptions appeared to have devastated the broader economy, pummelled by collapsing household spending and shuttered businesses that are battling to stay afloat. … [Read more...] about GDP numbers: Data collection affected due to COVID-19 outbreak, says government