Building a Country, Reinforcing Bonds
Union coal minister Pralhad Joshi said the next tranche of the auction for commercial mining of coal blocks would be held in January 2021.
The GDP is likely to contract by 8.6% for the July-September period, which means India will enter into a recession for the first time in history in the first half of this fiscal with two successive quarters of negative growth due to the COVID-19 pandemic, as per an RBI official.
India is planning to announce a fresh round of stimulus totalling about $20 billion this week to help pull the economy out of its historic contraction, government officials said.