JPMorgan CEO praises PM Modi for doing 'unbelievable' job in India
New York/IBNS: JPMorgan Chase & Co.'s CEO, Jamie Dimon, has commended Prime Minister Narendra Modi for his an "unbelievable" job in India, noting that despite criticism from the liberal media in the US, Modi has successfully lifted 400 million people out of poverty.
India now part of global value and supply chains, says CII chief
The biggest game changer in India in the past years has been the steps taken by the government to ensure that the nation is part of the global value chains and supply chains, according to a top industry body official.
India to remain driver for global growth in the foreseeable future, says IMF Executive Director
IMF Executive Director has said India will remain a driver for global growth in the foreseeable future.
Elon Musk likely to announce $2-$3 billion investment for Tesla factory in India
New Delhi: Tesla CEO Elon Musk is set to announce an investment of $2-$3 billion in India, primarily aimed at establishing a new factory, during his upcoming visit to New Delhi to meet with Prime Minister Narendra Modi, Reuters reported, citing sources.
India eyes to become global nutrition hub
In a bold move to transform its agricultural landscape, India is set on a path to become a Global Nutrition Hub, with a focus on promoting millets as a superfood and bolstering the production of pulses and edible oils. The ambitious plan aims to empower farmers and make agriculture a more lucrative profession.
Wai Wai noodles maker Binod Chaudhary aims to list India unit by 2026
Nepalese billionaire Binod Chaudhary, who made it big selling instant noodles, is seeking to list his conglomerate Chaudhary Group’s India food unit by 2026.
India-Singapore bilateral trade jumps 18% to USD 35.6 billion in FY23
Singapore: India-Singapore bilateral trade rose to USD 35.6 billion in 2022-23, a growth of 18.2 percent on the year, media reported.
Tesla to send team from US to pick up potential manufacturing sites in India: Report
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.
India's foreign exchange reserve jumps up to touch record high
India's foreign exchange reserve jumped for the fifth straight week to touch the all-time high figure of $642.631 billion in the week ending on March 22, media reports said.
Key markers point to the Indian economy remaining buoyant at the end of FY 2023-24 with Purchasing Manager’s Index (PMI) for manufacturing increasing and that of services maintaining a robust trend, according the Monthly Economic Review for March, released by the National Council of Applied Economic Research (NCAER) on Sunday.
India's March gold imports expected to fall significantly: Report
New Delhi: India's gold imports are likely to drop in March by over 90% compared to the previous month, reaching the lowest point since the onset of the COVID-19 pandemic, media reported.
India’s tax revenue grows beyond expectations, shows recent data
India’s direct taxes have experienced a significant and sustained increase in growth over the time. The Gross Direct tax collection for the year 2023-24 (as on March 17, 2024) registered an increase of 18.7% over the corresponding period last year (2022-23).
Centre cuts petrol, diesel prices by Rs. 2 across India
New Delhi/IBNS: The Centre Thursday reduced petrol and diesel prices by Rs. 2, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, announced.
Union Cabinet approves India-Bhutan MoU on Energy Efficiency and Energy Conservation Measures
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi approved the signing of the Memorandum of Understanding (MoU) between India and Bhutan on extending cooperation in the field of Energy Efficiency and Energy Conservation Measures.
India and the Dominican Republic sign protocol to create Joint Economic and Trade Committee
New Delhi: India and the Dominican Republic Tuesday signed the protocol for the creation of the Joint Economic and Trade Committee (JETCO).