Delhi: India has to deal with multiple near-term challenges like managing its fiscal deficit, sustaining economic growth, reining in inflation and containing the current account deficit, and at the same time ensuring a fair value of its currency, the finance ministry said in its monthly economic report on Monday.
New Delhi: India’s overall exports (Merchandise and Services combined) in May 2022 are estimated to be USD 62.21 Billion, exhibiting a positive growth of 24.03 per cent over the same period last year.
The organisation for Economic Cooperation and Development has slashed India's growth projection for this fiscal year (FY23) to 6.9 percent, down sharply from 8.1 percent estimated previously and the Reserve Bank's 7.2 percent anticipated rise.
New Delhi: Som Parkash, Minister of State for Commerce & Industry, today said the PM Gati Shakti National Masterplan will help achieve India’s aim of USD 5 Trillion economy.
New Delhi/UNI: India's bio-economy grew eight times in the last eight years from 10 billion dollars to 80 billion dollars, Prime Minister Narendra Modi said on Thursday while inaugurating Biotech Startup Expo- 2022.
New Delhi: The USA has surpassed China to become India's top trading partner in 2021-22, indicating a strengthening of bilateral ties between the two nations.
New Delhi/IBNS: India will continue to allow wheat export to countries in serious need, are friendly and have a letter of credit, Union Minister Piyush Goyal said while speaking at the World Economic Forum at Davos, Switzerland.
New Delhi/IBNS: The governments of India and of the United States signed an Investment Incentive Agreement (IIA) on Monday in Japan's Tokyo.
New Delhi: India has recorded the highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22, as per data released by the Indian government on Friday.
Tata Power, one of India's largest integrated power companies and a leading EV charging infrastructure provider, has entered into a strategic partnership with Hyundai Motor India Ltd. (HMIL).
Kolkata/IBNS: The Ambassador of the Grand-Duchy of Luxembourg Peggy Frantzen highlighted green finance, space, Artificial Intelligence (AI), and health as potential areas of collaboration with India.
Lucknow/UNI: Defence Minister Rajnath Singh on Saturday said that Russia-Ukraine conflict has affected the global supplies and has created a logistical bottleneck which has impacted the prices of commodities and as a result core inflation has increased slightly .
Lacking labourers and manufacturing partners, the semiconductor industry from Taiwan has encountered a new dilemma. Could India as a manufacturing partner be the best pick for Taiwanese companies? Arpita Dutta writes for CommonWealth Magazine
New Delhi/IBNS: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said that India was considering entering into a Preferential Trade Agreement (PTA) with Oman.
New Delhi: India's retail inflation jumped to 7.79 percent in April, mainly pushed by rising fuel and food prices, government data showed on Thursday.