January 25, 2021 03:56 (IST)
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Delhi Police gives nod for tractor rally on Republic Day | 'Netaji an inspiration for Atmanirbhar Bharat and Sonar Bangla': PM Modi in Kolkata | Mamata Banerjee bursts into fury at Netaji event at Victoria Memorial before PM Modi, protests 'insult' | India should have four capitals including Kolkata: Mamata on Netaji's 125th birth anniversary | Bihar: One killed, 12 injured in bus accident in Vaishali

Electronic & smartphone manufacturing sector alone will contribute $ 1 trillion to economy by 2025: Ravi Shankar Prasad

Kolkata/IBNS: Union Minister of Law and Justice, Electronics and Information Technology and Communications Ravi Shankar Prasad on Friday stated that there is a robust future for the manufacturing of electronics and smartphone sector in India.

Strengthening domestic economy makes India stronger globally, says Commerce Secretary at EEPC India event

Kolkata/IBNS: The World Trade Organisation is an important institution for global trade and economy, but India's salvation lies in strengthening its domestic economy by attracting new investments by schemes like production-linked incentives, Commerce Secretary Dr Anup Wadhawan said at an EEPC-EXIM book release function Wednesday.

Next Budget will have 'vibrancy' for sustainable economic recovery: FM Nirmala Sitharaman at ASSOCHAM

New Delhi/IBNS: Assuring '' vibrancy"  in her forthcoming Budget, Union Finance Minister Nirmala Sitharaman Tuesday said the Government would ensure that public spending on infrastructure development would be sustained even as the prospects of vaccine against Covid-19  have brought in additional confidence for revival of the economy.

India has ability to become world’s number one economy in next 25 years: Piyush Goyal

Kolkata/UNI: With the capabilities of India’s business people, entrepreneurs, start-ups, skilled manpower, the country has the ability to become world’s number one economy in the next 25 years, said Piyush Goyal, Minister of Railways, Commerce and Industry & Consumer Affairs, Food and Public Distribution, on Tuesday.

Indian economy will be among top economies in the world: NITI Aayog Vice Chairman

New Delhi: Vice-Chairman, NITI Aayog, Dr. Rajiv Kumar, emphasised that the Indian economy will be among the top economies in the world in the next few years using science, technology, and innovation in all sectors, bouncing back soon from the after effects of COVID 19, at a webinar organized to celebrate 50 years of the Department of Science and Technology (DST) recently.

Govt allocates Rs 900 crore for r & d of Covid-19 vaccine

New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Rs 900 crore for research and development for Covid-19 while also assuring that the funds will be allocated for the cost of vaccine and logistics as per requirement.

Aatmanirbhar Bharat 3.0 will push job creation and stronger recovery of the economy: ASSOCHAM

New Delhi/IBNS: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and incentivize job creation, and provide much relief and impetus to housing and infrastructure sector,” said Dr. Niranjan Hiranandani, President ASSOCHAM reacting to the announcement of the 7th major stimulus package to support the economy by the Union Finance Minister, Nirmala Sitharaman today in New Delhi.      

Govt announces Rs 29.88 Lakh Crore stimulus package to revive Covid-hit Indian economy

New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.

Atma Nirbhar Bharat Rozagar Yojana 3.0 : Govt attempts major boost for job creation

New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Atma Nirbhar Bharat Rozagar Yojana 3.0 aimed at boosting economic growth amid a GDP drop of 8.3 per cent in July-September.

Another stimulus to support the ailing Indian economy likely before Diwali: Report

New Delhi/IBNS: The Indian government is likely to announce another round of economic stimulus before Diwali, said a media report, adding that it would be linked to job creation and extension of the cabinet's decision to push growth with production-linked incentive.

COVID-19: Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of Financial Year

New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman here on Monday announced measures of Rs 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to COVID-19 pandemic following lockdown.

Indian Rupee down 17 paise against USD

Mumbai/UNI: The Rupee on Tuesday slipped 17 paise to close at 73.58 against the US Dollar on rising demand for the American currency by bankers and importers, dealers at the Forex Market said.

India's GDP at -23.9 pc marks worst contraction on record

New Delhi/IBNS: India's GDP contracted 23.9 percent in the April-June quarter, the worst ever performance on record, the National Statistical Office (NSO) data showed today.

RBI approves payout of Rs 57,128 crore to govt amid widening fiscal deficit triggered by Covid-19 lockdown

Mumbai/IBNS: The Reserve Bank of India (RBI) on Friday approved an annual dividend payout of Rs 57,128 crore to the government for the accounting year 2019-20 (July-June).

Economy showing signs of improvement but medium term outlook still uncertain: RBI Governor

Mumbai/IBNS: RBI Governor Shakti Kanta Das has said the economy has started showing signs of improvement with the easing of over two months of strict lockdown but "a very careful trajectory" has to be followed after the pandemic is over.