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Delhi HC grants bail to Pinjra Tod member Devangana Kalita

-The Hindu/ PTI The Delhi High Court on Tuesday granted bail to a member of Pinjra Tod, a women’s collective, in a case related to the communal violence in northeast Delhi during protests against the Citizenship Amendment Act in February. Justice Suresh Kumar Kait gave the relief to JNU student Devangana Kalita on furnishing of a personal bond of ₹25,000 and a surety of the like amount. The court directed that she shall...

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What Vahan data tells us about India’s economic recovery -howindialives

-Livemint.com Barring sales of second-hand vehicles and new tractors, the auto industry remains badly hit. Vehicles used for transporting goods are among the worst-hit segments Will the Indian economy recover quickly from the June quarter lows? That’s the trillion dollar question facing investors today. One sector that offers vital clues in this regard is the automobile sector. Vehicle sales are among the key lead indicators of consumption and an important source of...

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Facebook should be treated as co-accused in riots: govt. panel

-The Hindu Assembly Committee accuses the company of major lapses, to summon officials The Delhi Assembly’s committee on peace and harmony on Monday said that prima facie it seemed that Facebook had a role in the Delhi riots that broke out in February. The panel added that Facebook India officials will be issued notices to appear at its next meeting. “Facebook should be treated as a co-accused in the Delhi riots. There should...

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Economy: steepest GDP decline on record -R Suryamurthy

-The Telegraph The last time that India faced a full-year contraction in its real GDP was in 1980 The Indian economy shrank by 23.9 per cent in the first quarter ended June 30, signalling that the road to recovery would be more arduous than most economists have projected. It marks the steepest decline since the National Statistical Office (NSO) started quarterly measurement of gross domestic product (GDP) in 1996. The slide in real GDP...

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Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine

-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...

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