Page 390 - Economy & Policy News

India, Britain reaffirm FTA commitment at annual strategic dialogue

The 2030 Roadmap was clinched between India and the UK in 2021 and includes commitments to deepen cooperation on health, climate, trade, education, science and technology, and defence by 2030

From Zerodha to Cars24, 10 unicorns to hop on government-backed ONDC

ONDC in 'serious discussions' with Amazon, Flipkart to join the network

Mutual funds likely to get nod to invest in ETFs with India presence

India exposure in such global ETFs could be capped at 20%

Need our own JP Morgans and Citibanks: NITI chief BVR Subrahmanyam

Subrahmanyam calls for reforms in tariff policy, ease of procedures

UN revises India's GDP growth forecast by 70 basis points to 6.9%

The UN body also noted that surging demand for critical minerals presented new opportunities for developing economies but pointed to a need for innovation and policy and institutional reforms

India's foreign exchange reserves jump $2.56 billion to $644.15 billion

Gold reserves increased $1.072 billion to $55.952 billion during the week, the RBI said

India could be the third largest economy by 2026-27, says Arvind Panagariya

Panagariya stressed that in order to achieve this, it was important to reform labour laws and for markets to release capital to more labour-intensive industries

Chabahar Port deal 'landmark' for economic ties with India: Iranian envoy

India on May 13 signed a 10-year contract to operate the strategic Iranian port of Chabahar that will help it expand trade with Central Asia

India's consumption story is yet to address the caste discrimination issue

Ages-old bias could also be affecting what traditionally deprived communities earn

Spike in trade with Russia not a 'temporary phenomenon': EAM Jaishankar

"For long, we have looked at Russia from a political or security perspective," Foreign Minister S. Jaishankar said at an industry conference

Container volume likely to grow 8% to 342 million tonnes in FY25: Report

Cargo at Indian ports is dominated by 3Cs -- crude oil (termed as Petroleum Oil Lubricants (POL), coal and containers

India needs its own JP Morgans, Citibanks around the world: Niti Aayog CEO

Subrahmanyam calls for financial sector with the 'muscle' to serve firms in India and across the world

West prefers India over China, economic prospects robust: UN expert

He further said the oil price and special import arrangements that India has with Russia is also 'helping India tremendously in terms of keeping its import costs down'

UN revises India's 2024 economic growth projection upwards to nearly 7%

South Asia's economic outlook is expected to remain strong, supported by a robust performance of India's economy and a slight recovery in Pakistan and Sri Lanka

At 269, NCLT approves record resolutions under IBC in FY24: IBBI data

However, it is still taking 679 days on average to conclude the resolution process, as against the standard timeline of 330 days

Lower crude oil prices likely to tilt imports towards Iraq and UAE

As of April, India imported more than 1.72 mn barrels per day from Russia

India's internet economy likely to reach $1 trillion by 2030: Experts

Shriram Subramanian said as India becomes a $5 trillion economy, e-commerce will continue to annually grow at about 25 per cent per annum from $60 billion in FY2023

India's merchandise exports may grow to $500-510 bn in FY25: FIEO

Apparel, footwear and gems & jewellery sectors set to post better results

RBI repurchases Rs 2,069 cr worth of bonds, against notified Rs 60,000 cr

The securities scheduled for buyback were 6.18 per cent 2024, 9.15 per cent Government Securities (GS) 2024, and 6.89 per cent GS 2025

Tamil Nadu among best states in country for economic zone: DP World

DP World has started operations at its largest free trade warehouse zone in India in Chennai