India and Italy will sign a dozen agreements in areas ranging from trade and investment to infrastructure when Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte hold a virtual summit on Friday. The meeting, the latest in a series of virtual engagements by Modi following his successful summits …
Read More »Next round of stimulus should focus on infrastructure: NITI Aayog VC
NEW DELHI The next round of economic stimulus measures could focus on infrastructure projects that can be implemented quickly and can make the economic recovery sustainable, said Rajiv Kumar, vice chairman of the federal policy think tank NITI Aayog. Kumar said in a webinar organized by the Public Affairs Forum …
Read More »Adani to integrate smaller airports with Mumbai, play the hub-and-speak game
The Adani group plans to adopt the hub and radio model and integrate its portfolio of Mumbai and six other smaller airports: Ahmedabad, Lucknow, Mangalore, Jaipur, Trivandrum and Guwahati, for which it has won development and operating rights in more than 50 one year lease. “We see our airport portfolio …
Read More »Virus bites, confinement hurts, GDP drops to the majority in the first quarter
NEW DELHI : India’s economy contracted by a historic 23.9% in the June quarter, earning the nation the grim distinction of the fastest-shrinking major economy, a downward spiral that has been triggered by the coronavirus crisis. The GDP data highlighted the extent of the economic damage inflicted by the pandemic …
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