Latest Indian Economy News

London, Apr 20 (PTI) British Prime Minister Boris Johnson said on Wednesday that his long-delayed visit to India will deepen the strategic trade, defence and people-to-people ties between the two countries.Ahead of Johnson's two-day visit, Downing Street has stressed that the UK would not look to "lecture" India over its neutral stance in the United [...]

New Delhi, Apr 20 (PTI) Amid rising fuel prices, the Delhi government on Wednesday set up a committee for fare revision of auto-rickshaws and taxis in the national capital, an official statement said. It said the Fare Revision Committee will be headed by the Special Commissioner (State Transport Authority). Other members in the panel include [...]

New Delhi, Apr 20 (PTI) The PM Gati Shakti National Master Plan (NMP), aimed at improving multi-modal connectivity and last-mile connectivity across the country, is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday.Speaking at an event to mark the [...]

New Delhi, Apr 20 (PTI) Retail inflation for farm and rural labourers increased to 6.09 per cent and 6.33 per cent, respectively, mainly due to higher prices of certain food items and clothing."Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labourers) and CPI-RL (consumer price index rural labourers) stood at [...]

New Delhi, Apr 20 (PTI) The PM Gati Shakti National Master Plan (NMP), aimed at improving multi-modal connectivity and last-mile connectivity across the country, is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday.Speaking at an event to mark the [...]

Kolkata, Apr 20 (PTI) Bangladesh Commerce Minister Tipu Munshi Wednesday praised West Bengal Chief Minister Mamata Banerjee and said that his country is keen to make investments in the state. Munshi, who was speaking at the inaugural session of Bengal Global Business Summit, 2022 here, said that Indian investors should reciprocate and invest in Bangladesh. [...]

New Delhi, Apr 20 (PTI) India should aspire to become a high-income country by 2047 and this would need sustained economic growth year after year, NITI Aayog CEO Amitabh Kant said on Wednesday. Kant further said that India will grow if the country can use power of its private sector. "Our per capita income is [...]

Kolkata, Apr 20 (PTI) The state, which was at one time known as the strike capital of the country, has brought down man-days lost to industrial action to zero from 75 lakh annually, said West Bengal Chief Minister Mamata Banerjee on Wednesday, as she wooed investors from across the globe at a big-ticket business summit [...]

New Delhi, Apr 20 (PTI) Union Power Minister RK Singh on Wednesday met Finnish Minister of Economic Affairs Mika Lintila.Singh met the Finnish Minister here today, a statement by the ministry of new and renewable energy stated.According to the statement, Singh highlighted India’s achievements in the RE (renewable energy) sector and conveyed that India is [...]

Kolkata, Apr 20 (PTI) The state, which was at one time known as the strike capital of the country, has brought down man-days lost to industrial action to zero from 75 lakh annually, said West Bengal Chief Minister Mamata Banerjee on Wednesday, as she wooed investors from across the globe at a big-ticket business summit [...]

New Delhi (India), April 20: ‘Collaboration: The Key to Mutual Prosperity in a Post-pandemic World’ was the theme of the 17th Edition of Asia-Europe Business & Social Forum 2022 Awards & Business Summit, which concluded recently at the London Marriott Hotel Grosvenor Square, London, UK. The Forum's main aim was to deliberate and dwell upon [...]

Islamabad, Apr 20 (PTI) Pakistan was "drowning" in debt and it was the new government's job to "sail this ship ashore," Prime Minister Shehbaz Sharif said on Wednesday after chairing the first Cabinet meeting since assuming office.Sharif's 34-member Cabinet - a mix of experience and fresh blood - was sworn in on Tuesday after several [...]

New Delhi, Apr 20 (PTI) The International Financial Services Centres Authority (IFSCA) on Wednesday said it has signed an agreement with the National Insurance Academy (NIA) for capacity building and creating a skilled talent pool. This memorandum of understanding (MoU) endeavours to build required skilled manpower for the International Financial Services Centre (IFSC). With the [...]

New Delhi, Delhi, India (NewsVoir) • Over one lakh students will participate in the drive • Approx. 100 tons of waste will be collected and prevented from ending up in an unprocessed form in landfills Blue Planet Skills announced the launch of a Collective Responsibility Drive in association with the Department of Education, Government of [...]

Mumbai, Maharashtra, India Great Place to Work® India has announced India’s Best Workplaces™ in BFSI 2022 on the 13th of April 2022. This milestone year is the 5th edition of India’s Best Workplaces in BFSI representing the voice of more than 6 lakh employees. 110 organizations were assessed as a part of this research and [...]

Colombo, Apr 20 (PTI) The police in Sri Lanka on Wednesday said that curfew will continue in the southwestern region of Rambukkana where one person was killed and 13 others were injured in violence after the police opened fire at unarmed anti-government protestors demonstrating against the latest fuel price hike. President Gotabaya Rajapaksa said that [...]

Beijing, Apr 20 (PTI) China’s business hub Shanghai has reported seven more fatalities due to COVID-19, taking the death toll to 17 amidst signs of a declining trend in fresh cases, the health commission said on Wednesday. The Chinese mainland on Tuesday reported 2,753 locally-transmitted COVID-19 cases, of which 2,494 were in Shanghai, according to [...]