New Delhi, Apr 3 (PTI) India is on the cusp of a major economic recovery and talks of possible stagflation are "overhyped" as a strong economic foundation is being laid with the reforms carried out by the government over the last seven years, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.Notwithstanding economic uncertainties triggered [...]
Domestic macroeconomic data, RBI policy and developments related to the Russia-Ukraine war would be major driving factors for the stock market this week, analysts said. Moreover, FPI investment and trends in crude oil would also influence the trading sentiment, they added. "This week, the RBI credit policy will be a critical factor for Indian markets. [...]
New Delhi, Apr 3 (PTI) Minosha India Ltd, the distributors of digital services, print and imaging solutions major Ricoh, is targeting to clock a turnover of Rs 500 crore in the next five years, having signed a strategic partnership pact with the Japanese firm, according to the company's Managing Director Atul Thakker. Minosha India, formerly [...]
New Delhi, Apr 3 (PTI) It will take over six years for Delhi-NCR's builders to sell their 1.01 lakh unsold housing stocks while real estate developers in Bengaluru and Kolkata need only 31 months, according to property consultant PropTiger. Australia's REA group and News Corp own three real estate portals, Housing.com, PropTiger and Makaan.com, in [...]
New Delhi, Apr 3 (PTI) Peak power demand met or the highest supply in a day rose by 12 per cent to 198.47 GW on April 1 compared to the year-ago same day, showing impact of early onset of summer and improvement in commercial and industrial consumption after easing of lockdown curbs by states. According [...]
New Delhi, Apr 2 (PTI) Nepal on Saturday became the fourth foreign country to operationalise the RuPay card with Prime Minister Narendra Modi and his Nepalese counterpart Sher Bahadur Deuba jointly launching the Indian electronic payment system in the Himalayan nation.The three other countries that have the RuPay card are Bhutan, Singapore and the United [...]
Bhubaneswar, Apr 2 (PTI) After a stellar performance in the 2021-22 fiscal, Chief Minister Naveen Patnaik on Saturday said that the industry sector of Odisha is set for a 14.5 per cent growth in the current financial year.Patnaik pointed out that “spectacular growth” of 10.1 per cent in the industry sector in 2021-22 was “way [...]
Colombo, Apr 2 (PTI) The Sri Lankan Defence Ministry on Saturday rejected social media speculation that Indian Armed troops had arrived in the island nation to help maintain law and order, amidst growing public protests on rising prices and scarcity of essential commodities. Secretary, Defense Ministry, Kamal Gunaratne told news personnel that local troops were [...]
