Congress leader P Chidambaram  said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period. He said that 2020-21 has been "the darkest year of the economy in four decades". Watch the video for his statement on economy.

2020-21 darkest year in four decades: Chidambaram on economy, growth

Holders of about 78 per cent of various bonds and term loans have agreed to the deal, which targets debt due between 2026 and 2028

Appliances and consumer electronic maker Samsung India is planning a comeback into the residential air-conditioner market, which witnessed unprecedented sales growth in summer this year.
The company is planning to launch over a dozen models of inverter ACs for its 2025 lineup in the next few weeks, expanding the total number of stock-keeping units (SKUs) to 15-16, an industry insider told PTI.
Its room air conditioner (RAC) will have Samsung's DNA of smart features such as its propriety Bespoke AI solutions, targeting consumers looking to buy premium ACs and extra features, he said.
A decade back, Samsung was the second-largest player in the RAC segment, having over 15 per cent market share in the 2014-15 fiscal year. However, Samsung lost steam in the segment after the company diverted its resources and energy to high-growth areas such as mobile phones, smart TVs, LED displays, etc.
The Indian appliances market is witnessing a trend of premiumisation, where consumers are picking u

The company is planning to launch over a dozen models of inverter ACs for its 2025 lineup in the next few weeks, expanding the total number of stock-keeping units (SKUs) to 15-16

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The regulator had sought "expressions of interest" (EoI) in July to build home-grown satellite constellations as part of a broader strategy to monetize the sector and ensure data sovereignty

Former Union Home Secretary Ajay Kumar Bhalla has been appointed the governor of strife-torn Manipur, ex-Army chief Vijay Kumar Singh is the new Mizoram governor while Kerala Governor Arif Mohammed Khan has been shifted to Bihar as part of gubernatorial appointments effected by President Droupadi Murmu on Tuesday.
Bihar Governor Rajendra Vishwanath Arlekar has been named the governor of Kerala in place of Khan, according to the Rashtrapati Bhavan.
Arif Mohammed Khan has been appointed as Bihar Governor, the Rashtrapati Bhavan said in a statement.
President Murmu has accepted the resignation of Odisha Governor Raghubar Das, it said.
Mizoram Governor Hari Babu Kambhampati has been appointed as the new Odisha Governor in place of Das, the statement said.
These appointments will take effect from the dates they will assume charge of their respective offices, it added.

Bihar Governor Rajendra Vishwanath Arlekar has been named the governor of Kerala in place of Khan, according to the Rashtrapati Bhavan

Both Rashid's counsel and the NIA had agreed to keep the matter in the current court. In addition to the NIA's case, the special judge had suggested moving a related money laundering case

Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget.
The Prime Minister on Tuesday met eminent economists and sectoral experts at NITI Aayog to hear their views and suggestions for the upcoming Budget.
Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025.
According to an official statement, the Prime Minister emphasised that Viksit Bharat can be achieved through a fundamental change in mindset, which is focused towards making India developed by 2047.
The participants shared their views on several issues, including navigating challenges posed by global economic uncertainties and geopolitical tensions, strategies to enhance employment particularly among the youth, and create sustainable job opportunities across ...

Prime Minister Modi emphasised that Viksit Bharat can be achieved through a fundamental change in mindset, which is focused towards making India developed by 2047

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2020-21 darkest year in four decades: Chidambaram on economy, growth

Congress leader P Chidambaram said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period. He said that 2020-21 has been "the darkest year of the economy in four decades". Watch the video for his statement on economy.

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