Economic Survey says India witnessed improved monetary policy transmission
New Delhi: The monetary policy was significantly eased from March 2020 onwards owing to the unprecedented COVID 19 pandemic and remained accommodative in 2020, states the Economic Survey.
New Delhi: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate.
India's CPI inflation eases to 4.59 percent in December
New Delhi: India's Consumer Price Index inflation eased to touch 4.59 percent in December 2020, as per official figures released by the government on Monday.
Ecom Express enters Bangladesh, fortifies its presence in adjacent markets
Kolkata/UNI: Ecom Express, India’s leading technology enabled end-to-end logistics solutions provider to the e-commerce industry, has announced a strategic investment worth of USD 11 million in Bangladesh’s largest third-party e-commerce logistics (3PL) firm Paperfly.
New Delhi: In a bid to boost exports potential of India’s agricultural and processed food products exports, APEDA organized a Virtual Buyer Seller Meet (BSM) in association with Indian Embassy in Bhutan, on Thursday.
World Bank signs USD500 million project to develop green, resilient and safe highways in India
New Delhi: The Government of India and the World Bank on Tuesday signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh.
Health insurance, micro-pension products to be available soon on WhatsApp
Mumbai/IBNS: Users of messaging app WhatsApp in India will have access to a string of “critical financial and livelihood services” for which talks are going on with leading banks and service providers.
UAE-India Food Security Summit-2020 | Lulu group inks MoU with Fruit Master Agro Fresh J&K
Srinagar: In a significant meeting between a delegation from Jammu and Kashmir led by Navin Choudhary, Principal Secretary Agriculture and Horticulture and top management of Lulu group led by its Chairman and Managing Director, Yousuf Ali, several decisions were taken to promote export of Agriculture and Horticulture products from Jammu and Kashmir to entire gulf region using stores of Lulu group.
India's industrial output moves up 3.6% in October
New Delhi: India's index of industrial output for the month of October stood at 3.6 percent, as per official data released on Friday.
India’s GDP estimated to reach 28 trillion dollars by 2050, says Gautam Adani
Hyderabad/UNI: Adani Group Founder and Chairman Gautam Adani on Wednesday said India’s GDP is estimated to reach USD 28 trillion by 2050 from the current GDP and will contribute 15 per cent to the global economy.
Canada launches virtual business mission to India for international investment
Ontario/IBNS: Based on Canada's success of last year's mission to India by its two-way trade worth C$3.4 billion (the US $2.6 billion), a virtual mission to India in December this year is being launched by Ontario led by Vic Fedeli, Minister of Economic Development, Job Creation and Trade to promote the province as a premier destination for international investment and create new opportunities for Ontario businesses, media reports said.
India's GDP in second quarter contracts by 7.5 percent
New Delhi: For the second quarter in a row, Indian economy contracted by 7.5 percent in the July-September quarter of 2020-2021, as per government release data on Friday.
India's eight core industries' output contracts 2.5 pct in October
New Delhi: The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5 per cent as compared to the Index of October, 2019, as per government data released on Friday.
Bengaluru/IBNS: Team Sweden participated in the recently-held Bengaluru Tech Summit, the flagship technology event of the Government of Karnataka.
India now net exporter of agri machinery
New Delhi/IBNS: India has emerged as a net exporter of agri-machinery, shipping equipment to some of the advanced countries like the US, Germany, UK and Italy, and a world leader in exporting solar irrigation pumps.