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Tag: Needed

State of Economy-VI: Booster investment dosage needed to fire-up slacking consumption

Loknath Das, , , , , , , , , ,

MUMBAI: A booster dose of government and private sector spending along with cheaper rates of finance are required to kick-start India’s consumption driven demand, industry observers opined. To put it simply, the overall economic growth is expected to decline on the back of slacking consumption due to farm distress, global headwinds and stagnant wages. These have cumulatively hampered sales, thereby restricting production and as a result stalled job creation. Furthermore, the slowdown has become evident in sectors such as automobile, FMCG and aviation. “Consumption in India has slowed due to several factors, including low…

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‘Very Serious’ Air Pollution, Urgent Steps Needed: Supreme Court

Srijita, , , , , , , ,

On Tuesday, the Supreme Court expressed concern over the increasing air pollution in Delhi saying it was a “very serious problem” and solutions need to be found urgently. A bench of Justice M.B. Lokur and Justice P.C. Pant said that some victims of air pollution suffer due to inefficient systems and non-implementation of norms. “This pollution problem is very serious. If you talk for years for a solution, then it is a problem,” said the bench after it was told by amicus curiae and senior advocate Harish Salve that there…

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FBI Says More Time Needed to Know if iPhone Can Be Unlocked

Srijita, , , , , , , , , , ,

It will take at least two weeks to know whether an alternate method will unlock an encrypted iPhone used by one of the San Bernardino attackers, the head of the FBI’s Los Angeles office said Tuesday, adding that federal investigators think they have “a good shot.” Government officials were asked to file a status report in court about the alternate method by April 5 because that’s how long they think it will take to know if the method will unlock the phone without compromising the data it contains, said David…

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