Month: May 2023

V Anantha Nageswaran: India can look for another year of solid economic performance: CEA V Anantha Nageswaran
Posted in Economy

V Anantha Nageswaran: India can look for another year of solid economic performance: CEA V Anantha Nageswaran

Enthused by higher than expected GDP number in the fourth quarter of FY23, Chief Economic Adviser V Anantha Nageswaran on Wednesday said India can look…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

zepto: Zepto announces top-level changes; Vikas Sharma appointed as COO

Quick-commerce platform Zepto announced key changes in its top management as its chief operating officer (COO) Vinay Dhanani will take over as president – supply…

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Wildfire on Canada's Atlantic coast forces evacuation of 16,000 people
Posted in Rest of World News

Wildfire on Canada’s Atlantic coast forces evacuation of 16,000 people

HALIFAX, NOVA SCOTIA: Nova Scotia’s leader begged people to stay out of the woods and avoid any activity that could start more fires after a…

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India’s 2030 goods exports seen $773 billion, imports from China $212 billion: Standard Chartered
Posted in Economy

India’s 2030 goods exports seen $773 billion, imports from China $212 billion: Standard Chartered

India’s exports of goods could reach $773 billion by 2030, registering annual growth rate of 7.5%, with exports to Turkiye, Vietnam and Indonesia expected to…

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China's commerce minister meets Tesla's Elon Musk, promises support to foreign companies
Posted in China News

China’s commerce minister meets Tesla’s Elon Musk, promises support to foreign companies

BEIJING: China’s commerce minister met Tesla Ltd. CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said. Musk…

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RBI: Why is India caught up in a currency paradox? The RBI explains
Posted in Economy

RBI: Why is India caught up in a currency paradox? The RBI explains

Why is currency in circulation rising when digital payments are rising too? Bank of England Governor Andrew Bailey had called it the “paradox of banknotes”,…

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The Economic Times
Posted in Economy

India’s FY23 fiscal deficit at 6.4% of GDP, meets budgeted target – The Economic Times Video

India’s fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi’s target, aided…

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Labourers work at the construction site of a coastal road project near Haji Ali mosque in Mumbai on May 31. (AFP)
Posted in Business

Jan-March GDP accelerates to 6.1%, higher than expected, FY23 growth at 7.2%

NEW DELHI: India’s economy grew 7.2% in 2022-23 from a year ago, higher than previously estimated, while GDP growth for the January-March quarter accelerated to…

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The Economic Times
Posted in Economy

GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2% – The Economic Times Video

Beating analyst estimates, India’s gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now…

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Germany: Germany to shut down Russian consulates in tit-for-tat move
Posted in Europe News

Germany: Germany to shut down Russian consulates in tit-for-tat move

BERLIN: The German government on Wednesday said it would shut down four out of five Russian consulates in the country by revoking their licences, a…

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