by PTI News | Apr 23, 2022 | 1:29 pm | Economy, News
Washington, Apr 23 (PTI) Finance Minister Nirmala Sitharaman on Friday interacted with the representatives of 14 distinguished US universities and invited them to set up foreign universities/institutions at the International Financial Services Centre (IFSC) in Gandhinagar, Gujarat. Budget 2022-23 permitted setting-up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate [...]
by PTI News | Apr 23, 2022 | 11:08 am | Economy, News
Washington, Apr 23 (PTI) Finance Minister Nirmala Sitharaman has underlined the need to rescue countries facing debt stress due to the uncertainty caused by the pandemic and the recent geo-political developments. During a meeting with World Bank Group President David Malpass on Friday, Sitharaman said India remains concerned about the risks to global recovery due [...]
by PTI News | Apr 22, 2022 | 11:08 pm | Economy, News
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Friday met OECD Secretary General Mathias Cormann and discussed issues of bilateral engagement. The meeting took place on the sidelines of the IMF-WB Spring meetings 2022 here. "While appreciating @OECD's contributions to #G20, FM Smt. @nsitharman discussed with Mr. @MathiasCormann India-OECD bilateral engagements and India's #G20Presidency [...]
by PTI News | Apr 22, 2022 | 10:43 pm | Economy, News
Chandigarh, Apr 22 (PTI) Punjab Dairy Development Minister Kuldeep Singh Dhaliwal on Friday visited Amul plants in Gujarat and sought cooperation from the dairy major in further improving the quality of dairy products in his state. The minister went to Amul plants in Anand Shahar and Gandhinagar on Friday. He was on a Gujarat visit [...]
by PTI News | Apr 22, 2022 | 10:19 pm | Economy, News
Islamabad, Apr 22 (PTI) The resumption of Indo-Pak trade relations will pave the way for the settlement of political and territorial issues between the neighbouring countries, according to Pakistan's top business tycoon Mian Mohammad Mansha.Emphasising that there are “many synergies” between India and Pakistan that could come into play once bilateral trade resumes, Mansha, who [...]
by PTI News | Apr 22, 2022 | 10:03 pm | Economy, News
New Delhi, Apr 22 (PTI) The Union power ministry on Friday said that it has allowed private power generating stations to secure coal supplies for up to three years instead of current norm of one year, a move that comes against the backdrop of rising demand for electricity. The ministry has tweaked the methodology for [...]
by PTI News | Apr 22, 2022 | 9:00 pm | Economy, News
Mumbai, Apr 22 (PTI) Goa Chief Minister Pramod Sawant on Friday said his government is developing infrastructure in such a way that the coastal state will emerge as the country's "tourism capital" going forward and sought investment in the key sector through public-private partnership (PPP) model.Speaking at Times Network's India Economic Conclave 2022 here on [...]
by PTI News | Apr 22, 2022 | 8:46 pm | Company Results, Economy, News
Mumbai, Apr 22 (PTI) The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to the lack of "clear" communication on the merits of the amalgamation on account of silent period ahead of quarterly results declarations, according to a senior executive. Keki Mistry, who is the [...]
by PTI News | Apr 22, 2022 | 8:34 pm | Economy, News
Mumbai, Apr 22 (PTI) All the six members of the RBI's rate setting panel expressed concern over inflation and Governor Shaktikanta Das stressed that the central bank will have to constantly re-assess the "dynamic and fast changing situation" and tailor its actions accordingly, as per the minutes of the recent MPC meeting released on Friday. [...]
by PTI News | Apr 22, 2022 | 7:22 pm | Economy, News
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India, which is the fastest-growing large economy in the world. The finance minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect Raj [...]