It is only by 2034-35 that India is expected to make good the losses arising from the pandemic, the “Currency and Finance Report” of the Reserve Bank of India (RBI) has said.

“Taking the actual growth rate of (-) 6.6 per cent for 2020-21, 8.9 per cent for 2021-22 and assuming growth rate of 7.2 per cent for 2022-23, and 7.5 per cent beyond that, India is expected to overcome Covid-19 losses in 2034-35,” said the report, released once every year.

The price of 10 grams of 24 carat gold on Saturday went up by Rs 590 to Rs 52,960, while the price of 1 kg of silver rose by Rs 200 with the metal selling at Rs 64,000 per kg.

The price of 10 grams of 22 carat gold on Saturday surged by Rs 550, and the precious metal is selling at Rs 48,550.

Twenty-five years after the Connaught Place shootout, the Delhi High Court on Friday directed the Centre to grant a compensation of Rs 15 lakh to the sole survivor of the incident.

"A sum of Rs 15 lakh is awarded as compensation, which shall be paid along with simple interest at 8 per cent per annum, from the date of the incident till the date of payment," said Justice Prathibha M. Singh in the order dated April 26.

Delhi Chief Minister Arvind Kejriwal called on his West Bengal counterpart Mamata Banerjee in the national capital on Friday.

The meeting took place at Trinamool Congress (TMC) MP and Banerjee's nephew Abhishek Banerjee's official residence in New Delhi.

The Biden administration's attempt to secure more than $30 billion in additional defense and economic aid for Ukraine will further enrich the stockholders of major US defense contractors while having a negligible effect on the battlefield, analysts told Sputnik.

On Thursday, President Joe Biden asked US Congress for $33 billion in emergency supplemental funding to support Ukraine, including $20 billion for military assistance. So far, the package appears to have won broad bipartisan support among US lawmakers.

Canadian Prime Minister Justin Trudeau has announced that Covid-19 vaccine developer Moderna will build a manufacturing facility in the country's Quebec to deliver up to 100 million mRNA vaccine doses annually.

Construction is set to start this year and the facility is expected to be operational in 2024 at the earliest, subject to planning and regulatory approvals, Trudeau said on Friday in a press release.

Karnataka High Court has upheld the constitutional validity of the imposition of central excise duty, national calamity contingent duty (NCCD) simultaneously with the goods and services tax (GST) on tobacco and tobacco products.

A two-judge bench, comprising justice Alok Aradhe and justice S Vishwajith Shetty, basically upheld the earlier order by a single bench of the court in this regard.

India has boosted the output of coal and cancelled passenger trains to free up rail track to move it, officials said on Friday, as the government scrambles to overcome its worst power crisis in years.

State-run Coal India, which accounts for 80% of India's coal output, increased production by 27.2% in April, the federal coal ministry said. Federal government-run Indian Railways has cancelled 753 passenger train services, the government said.

Toyota Kirloskar Motor (TKM) on Friday said it will hike prices of its compact SUV Urban Cruiser and premium hatchback Glanza from May 1, 2022 to offset the increase in input costs.

At present, the Urban Cruiser is priced between Rs 8.88-11.58 lakh while the Glanza is tagged at Rs 6.39-9.96 lakh (ex-showroom Delhi), depending on the variants.

Electric two-wheeler maker Hero Electric on Friday said it had zero dispatches to dealers in April, hit by the ongoing global semiconductor shortage that led to stoppage of production.

The company experienced extreme chip shortage and supply chain constraints, Hero Electric said in a statement.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.