Uber Eats’ restaurant partners, delivery partners and customers will shift to Jomato’s platform. Uber sold food delivery business in India
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The International Monetary Fund (IMF) has given a big shock to the Modi government. According to IMF estimates, in 2019-20, India’s gross domestic product (GDP) growth rate will be only 4.8 percent. Following this IMF estimate, the Congress targeted the Modi government. Former Finance Minister P. Chidambaram and former Law Minister Kapil Sibal said that now Modi government minister IMF and Chief Economist will attack Geeta Gopinath.
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new Delhi. The government will take over the management of reality firm Unitech. The Supreme Court on Monday approved the
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Significantly, the International Monetary Fund (IMF) chief economist Geeta Gopinath recently warned that the IMF may significantly reduce its estimate of India’s growth in January. In an event, Gopinath said, “We will revise our figures and release new figures in January.” This can be reduced significantly in the case of India.
Skeptics on the $ 5 trillion economy goal
With this, Gopinath expressed doubt on the government’s goal of $ 5 trillion economy. He said that to achieve this target, India would have to achieve GDP growth of 10.5 per cent at market price as against the growth rate of 6 per cent in the last 6 years. At the same time, to achieve this target in terms of stable value, an increase of up to 9 percent is necessary.
6 year low GDP
India’s GDP growth reached 4.5 percent in the September quarter. This is a lower level of 6 years. At the same time, the growth rate has been declining for 6 consecutive quarters. Not only this, the situation is not looking good in the future either. Several rating agencies, including Moody’s, have cut India’s growth rate estimates.
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new Delhi. The wealth of 1% of the rich of the country is four times more than the total wealth of 95.3 crore people i.e. 70% of the population. The wealth of all Indian billionaires exceeds the country’s one-year budget. These figures have been revealed in the report ‘Time to Care’ released on Monday by Oxfam, an organization working to end poverty in the world.
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Rajya Sabha MP Subramanian Swamy, while satirizing on the current situation in the country, has said that in this way,
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Rajya Sabha MP Subramanian Swamy, while satirizing on the current situation in the country, has said that in this way,
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There was a profit of 5555.9 crores in the December quarter of 2018. Gross NPA increased from 1.38% to 1.42%,
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There was a profit of 5555.9 crores in the December quarter of 2018. Gross NPA increased from 1.38% to 1.42%,
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Amazon to invest Rs 7100 crore in India
Bezos, the founder and CEO of Amazon, made two announcements about India at ‘Amazon Sambhav’, an event for small-medium businesses in Delhi on Wednesday, saying that by 2025, Amazon was worth $ 10 billion (Rs 71 thousand crore). Make in India will export products. With this, one billion dollars (Rs 7,100 crore) will be invested to digitize one crore small and medium businesses in India, to further increase their reach to customers. Bezos also cited the reason for this announcement. He said that Amazon was also a small business at some time.