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Showing posts from December, 2019

GDP growth falls to 4.5% in Q2 of 2019-20

Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20 The Gross Domestic Product growth fell to 4.5 per cent in the second quarter of the year 2019-20. ADVERTISEMENT India Today Web Desk New Delhi November 29, 2019UPDATED: November 29, 2019 20:04 IST The slowing Indian economy has become a headache for Prime Minister Narendra Modi and his Finance Minister Nirmala Sitharaman (Getty file photo) HIGHLIGHTS India's GDP in Q2 2019-20 down to 4.5% from 5% in Q1 GDP growth in Q2 of 2018-19 was 7.1% GDP numbers have been declining for 7 quarters now The Gross Domestic Product continued its downward spiral for the seventh consecutive quarter, falling to 4.5 per cent in the second quarter (July-September) of the year 2019-20. This is a fall of 0.5 per cent points compared to the last quarter. Compared to the second quarter of the year 2018-19, it is a fall of 2.6 per cent points. In the second quarter of the previous year, the GDP growth stood at 7.1 per cent. The GDP

Indian media and the Ambani brothers

Indian media and the Ambani brothers A tale of two brothers and their power over Indian media. 17 Feb 2019 11:05 GMT Media, India, Press Freedom, Corruption, Asia Listen to this page using ReadSpeaker Share via FacebookShare via TwitterShare via RedditPrintSend Feedback In India, it is difficult to escape the Ambanis and their brand name, Reliance. Whether you're shopping at a Reliance supermarket, fueling up at a Reliance petrol station, buying a Reliance mobile phone plan, watching a news channel owned by Mukesh Ambani, or reading up on news about his younger brother Anil, the Ambanis are everywhere. The way each brother deals with the media is emblematic of the trends sweeping across the Indian media industry. "India is passing through its gilded age...[In] 2017, we saw that almost 57 percent of GDP was generated by one percentage of the Indian population," explains investigative journalist Josy Joseph, author of A Feast of Vultures. "A concentration