Colombo, Apr 26 (PTI) More Sri Lankans will slip into poverty this year, the World Bank has warned, as it urged the debt-ridden island nation to undertake urgent policy measures to address the high levels of debt, trim fiscal deficit, and mitigate the adverse impacts on the poor and vulnerable. Sri Lanka is currently in [...]
Colombo, Apr 26 (PTI) More Sri Lankans will slip into poverty this year, the World Bank has warned, as it urged the debt-ridden island nation to undertake urgent policy measures to address the high levels of debt, trim the fiscal deficit, and mitigate the adverse impacts on the poor and vulnerable. Sri Lanka is currently [...]
Finance Minister Nirmala Sitharaman on Monday held a meeting with representatives of the semiconductor industry of the US and invited them to make further investments in India. The Finance Minister spoke about opportunities for companies situated in Silicon Valley and about the government of India's commitment to be a reliable player in the entire semiconductor [...]
Washington, Apr 26 (PTI) A prominent Indian Diaspora body, FIIDS, on Monday urged Finance Minister Nirmala Sitharaman to allow non-resident Indians and overseas citizens of India (OCI) card holders to invest in the Indian stock market. Such a move would boost the Indian economy further by attracting investment from the global Indian community, said the [...]
Washington, Apr 26 (PTI) Arun Venkataraman, a leading Indian-American international trade policy expert, has been sworn in as the Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service for the International Trade Administration. In this position, Venkataraman will lead a team of over 1,400 employees strategically located [...]
New Delhi, Apr 25 (PTI) Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday announced that natural farming will start in 5,200 villages of the state from June and the government will also provide Rs 900 per month to farmers for maintaining indigenous cows. Addressing a national workshop on innovative agriculture through virtual mode, he [...]
New Delhi, Apr 25 (PTI) India's non-fossil energy capacity will reach 500GW by 2030 and the country shall meet half of its energy requirements through renewable energy, reducing the carbon intensity of its economy by less than 45 per cent, NITI Aayog member V K Saraswat said on Monday. Speaking at an event here, Saraswat said, [...]
New Delhi, Apr 25 (PTI) The finance ministry on Monday clarified that no feedback has been sought from states on the GST rates for specific items or regarding proposals to restructure the rates. In the wake of some media reports stating that feedback has been sought from states regarding a suggestion for raising Good and [...]
New Delhi, Apr 25 (PTI) Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday announced that natural farming will start in 5,200 villages of the state from June and the government will also provide Rs 900 per month to farmers for maintaining indigenous cows. Addressing a national workshop on innovative agriculture through virtual mode, he [...]
New Delhi, Apr 25 (PTI) Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some "anti-national" activity. Known for his frank views, Rajan also said it was important to remember that the [...]
