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) 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 [...]
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 [...]
Jammu, Apr 2 (PTI) Asserting that Jammu and Kashmir is lagging behind in the startup initiatives, Union Minister Jitendra Singh on Saturday said the country is poised to lead the world's startup ecosystem. The Minister of State in the Prime Minister’s Office said greater integration and synergy among industry, government departments, academia and independent institutions [...]
New Delhi, Apr 2 (PTI) Registration of housing properties in the Mumbai municipal region fell by 11 per cent year-on-year to 15,717 units during March on higher base, according to Knight Frank India. The registration of homes stood at 17,728 units in March 2021 because of lower stamp duty rates. However, the registration of homes [...]
Mumbai, Apr 2 (PTI) The India-Australia Comprehensive Economic Cooperation Agreement (CECA) will boost the bilateral gems and jewellery trade between the nations to USD 1.5 billion and exports to the continent country are likely to double in the next three years, the GJEPC said on Saturday. "The India-Australia trade agreement is expected to unlock additional [...]
Ashgabat, Apr 2 (PTI) India and Turkmenistan signed four agreements, including in financial intelligence and disaster management, as President Ram Nath Kovind met his Turkmen counterpart Serdar Berdimuhamedov here on Saturday and agreed to expand bilateral trade and energy cooperation to further strengthen the multifaceted partnership. This is the first-ever visit of the President of [...]
New Delhi, Apr 2 (PTI) Brands now rely more on digital influencers as many of these ambassadors have more social media subscribers than venture capital funded start-ups, listed corporates, and even popular filmstars, says a new book.In "Booming Digital Stars: 11 Inspiring Journeys from India's Creator Economy", brand experts Harsh Pamnani & Manish Pandey, focus [...]