Tag Archives: economy

The government will go ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Noting that the flow of FDI to India is much higher compared to other emerging economies, he said that India’s strong macroeconomic fundamentals, the …

CALCUTTA: Finance Minister Nirmala Sitharaman said on Thursday that the government has taken various measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the Covid-19 pandemic. Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman …

Two of the biggest names in the business world. Two of the biggest names in the world of technology. Two of the biggest names in the world when it comes to innovation. At the first edition of the Facebook Fuel For India 2020 Summit, Mukesh Ambani, President and CEO of …

Written by Sourav Roy Barman | New Delhi | Updated: December 9, 2020 7:50:48 am At the Singhu border, Tuesday. (Express photo by Gajendra Yadav) “We’re trapped”. In three words, Sarabjit Singh captures the crisis that has gripped farmers in Punjab, an otherwise leading state in terms of agricultural productivity …

NEW DELHI: The government will not worry about not meeting its budget deficit target as it seeks to increase spending to support the economy, said Finance Minister Nirmala Sitharaman. Stimulus spending will not decline quickly, he said in an interview. The government and the central bank together have struck a …

The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to keep official interest rates unchanged while maintaining an accommodative stance. He also believes that the economy is already out of the contraction zone and will register positive growth in the quarters ending in December (0.1%) and …

India has summoned the Canadian High Commissioner to formally file a complaint against Prime Minister Justin Trudeau’s comments on ongoing farmer protests, warning that “such actions will have a seriously damaging impact on ties.” New Delhi told the envoy that “the comments of the Canadian prime minister, some cabinet ministers …

India’s central bank is likely to keep interest rates unchanged for the third meeting in a row as inflation remains stubbornly high and signs appear that growth begins to return to Asia’s third-largest economy. The six-member Monetary Policy Committee is forecast to keep the benchmark repurchase rate at 4% on …

New Delhi, India – Canadian Prime Minister Justin Trudeau’s comments on the continuing protests by farmers in India have not been well received by the Hindu nationalist government, calling his comments “unjustified”. “We have seen some misinformed comments from Canadian leaders regarding farmers in India. Such comments are unjustified, especially …

India’s manufacturing activity remained strong a month after hitting a decade high and indirect tax collection increased ₹$ 1 trillion for the second month in a row in November, indicating that the recovery process in Asia’s third-largest economy may still be underway. The deepening contraction in growth in the core …