by PTI News | Apr 7, 2022 | 8:44 pm | Economy, News
New Delhi, Apr 7 (PTI) Reserve Bank of India Deputy Governor T Rabi Sankar on Thursday said a nuanced and calibrated approach is essential for launch of India's maiden digital currency as it would have various implications for the economy and monetary policy. RBI is planning to come out with a central bank backed digital [...]
by PTI News | Apr 7, 2022 | 7:54 pm | Commodities, Economy, News
New Delhi, Apr 7 (PTI) The Delhi High Court Thursday asked the Centre to evolve and place before it a proper mechanism for conducting periodical checks of e-commerce platforms to ensure compliance with rules relating to the display and packaging of products sold on their websites. A bench of Acting Chief Justice Vipin Sanghi and [...]
by PTI News | Apr 7, 2022 | 6:23 pm | Economy, News
Sydney, Apr 7 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday said negotiations with Australia are on for a joint production partnership in the audio-visual services, and an agreement to that effect is expected to be finalised.Australia has technologies and equipment, and India has skilled manpower to increase cooperation in the sector, the minister [...]
by PTI News | Apr 7, 2022 | 6:21 pm | Economy, News
Libreville (Gabon), Apr 7 (PTI) Resource-rich Gabon is "greedy" for investments from India and is expected to sign a bilateral trade and investment treaty later this year with India to further improve the bilateral economic ties, Foreign Investment Minister Hugues Mbadinga Madiya has said.Located on the west coast of Africa, Gabon is fast emerging as [...]
by PTI News | Apr 7, 2022 | 6:07 pm | Economy, News
New Delhi, Apr 7 (PTI) Finance Minister Nirmala Sitharaman on Thursday met top executives of Canada Pension Plan Investment Board and Schneider Electric and discussed investment opportunities in the country."Union Finance Minister Smt @nsitharaman met Mr John Graham, President and Chief Executive Officer, Canada Pension Plan Investment Board @cppinvestments, in New Delhi, today," the Finance [...]
by PTI News | Apr 7, 2022 | 6:01 pm | Economy, News
Sydney, Apr 7 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday said the trade pact between India and Australia would help expand the economies of both countries, thus providing huge opportunities for students. He said education is an important element both in the current and future engagements with Australia. “So as trade and economy [...]
by PTI News | Apr 7, 2022 | 5:57 pm | Economy, News
New Delhi, Apr 7 (PTI) Government think tank NITI Aayog is likely to roll out a 'Battery Swapping Policy' by December this year, a senior government official said on Thursday. "The Battery Swapping Policy is likely to be rolled out by December," Sudhendu Jyoti Sinha, adviser (Infrastructure Connectivity-Transport and Electric Mobility), NITI Aayog told PTI. [...]
by PTI News | Apr 7, 2022 | 5:43 pm | Economy, News
New Delhi/Beijing, Apr 7 (PTI) Power Minister R K Singh on Thursday said the country has a strong defence against any kind of cyber attacks, amid reports of Chinese state-sponsored hackers targeting power grid in Ladakh. "Our defence against cyber attack is strong. These were probing attacks in December, January and February. They did not [...]
by PTI News | Apr 7, 2022 | 5:38 pm | Economy, News
New Delhi, Apr 7 (PTI) Axis Bank on Thursday said it has collaborated with Asian Development Bank (ADB) for a partial guarantee programme with initial outlay of USD 150 million (Rs 1,139.85 crore), aimed at supporting supply chain financing for impact sectors. Special focus will be towards ESG and priority sectors. Axis Bank has signed [...]
by PTI News | Apr 7, 2022 | 5:35 pm | Economy, News
New Delhi, Apr 7 (PTI) The Indian economy is in good shape as the country's GDP growth rate and foreign exchange reserve are high, former RBI Governor Bimal Jalan said on Thursday.Notwithstanding economic uncertainties triggered by the Russia-Ukraine war that is also impacting the global supply chain, Jalan said it is not going to affect India's [...]
