by PTI News | Apr 12, 2022 | 5:17 pm | Economy, News
Nagpur, Maharashtra, India (NewsVoir) Grameen Impact Ventures (GIV), in collaboration with MasterCard Technologies, today announced the launch of Grameen Kisan Connect (GKC), a significant initiative toward the digitalization of agriculture value chains in India. Agriculture and allied services account for 18 per cent of India’s GDP and over half of all the employment in the [...]
by PTI News | Apr 12, 2022 | 4:27 pm | Economy, News
New Delhi, Apr 12 (PTI) The Asian Development Bank will provide a USD 2 million loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland.Government of India and ADB on Tuesday signed the USD 2 million Project Readiness Financing (PRF) loan, the Manila- headquartered lender said in a [...]
by PTI News | Apr 12, 2022 | 4:05 pm | Economy, News
Islamabad, Apr 12 (PTI) Pakistan's newly-elected Prime Minister Shehbaz Sharif on the first day in office on Tuesday abolished two weekly offs in government offices and also changed their timings, as he attempted to revive the cash-strapped country's economy.Sharif, who was sworn-in as the 23rd prime minister of Pakistan on Monday, reached his office at [...]
by PTI News | Apr 12, 2022 | 3:15 pm | Economy, News
New Delhi, Apr 12 (PTI) Institutional investments in real estate jumped over two-fold to USD 1.1 billion (Rs 8,375 crore) in the three months ended March 2022 with the opening up of the economy after the third COVID wave, according to property consultant Colliers India. Institutional investments in real estate stood at USD 0.5 billion [...]
by PTI News | Apr 12, 2022 | 3:11 pm | Economy, News
Mumbai, Apr 12 (PTI) Union steel ministry has asked the finance ministry to remove the basic customs duty on ferronickel, a key raw material for stainless steel makers, a senior government official said on Tuesday. The move will help stainless steel makers to reduce their input cost. At present, a 2.5 per cent duty is [...]
by PTI News | Apr 12, 2022 | 3:07 pm | Economy, News
New Delhi, Apr 12 (PTI) Commodity Participants Association of India (CPAI) on Tuesday said uniform trading time for all markets including stocks, bonds, currency and commodities may not be tenable for the commodity derivative segment. The remarks come in the wake of media reports suggesting that the Reserve Bank of India (RBI) [...]
by PTI News | Apr 12, 2022 | 2:54 pm | Economy, News
New Delhi, Apr 12 (PTI) Trai recommendations on cut in 5G spectrum base price are incrementally positive, not transformational, some sector analysts said, while others felt that bidding intensity could be moderate or muted in the upcoming auction.The reduction proposed in pricing, though largely on expected lines, is not in sync with the 90 per [...]
by PTI News | Apr 12, 2022 | 2:06 pm | Economy, News
Dibrugarh, Apr 12 (PTI) Alliance Air's made-in-India Dornier 228 aircraft was deployed for its first commercial flight on the Dibrugarh-Pasighat route on Tuesday with Union ministers Jyotiraditya Scindia and Kiren Rijiju on board.Accompanied by senior government officers, Scindia and Rijiju boarded the flight at the Mohanbari airport in Asssam's Dibrugarh for Pasighat in neighbouring Arunachal [...]
by PTI News | Apr 12, 2022 | 1:49 pm | Economy, News
Colombo, Apr 12 (PTI) A shipment of 11,000 MT of rice from India arrived here on Tuesday to help the economic crisis hit Sri Lankans celebrate the traditional national new year.Sri Lankans will celebrate Sinhala and Tamil New Year on April 13 and 14. This is one of the biggest festivals in Sri Lanka.The shipment [...]
by PTI News | Apr 12, 2022 | 1:10 pm | Economy, News
Kathmandu, Apr 12 (PTI) Nepal's Finance minister on Monday dismissed claims by opposition parties that the country’s economy will deteriorate further in the coming days, saying that the Himalayan Nation's economic performance is positive.On Monday, three former finance ministers of Nepal-- Bishnu Paudel, Surendra Pandey and Dr Yubaraj Khatiwada-- belonging to party Communist Party of [...]
