Category: Economy
West Asia war could impact demand and hurt the Indian economy, says Moody’s
A prolonged conflict in West Asia could lead to a 1 percentage point decline in India’s gross domestic product (GDP) and increase interest rates and…
Cabinet clears Jal Jeevan Mission 2.0 & other projects worth Rs 8.8 lakh crore
The Union Cabinet on Tuesday approved a series of major infrastructure and public utility initiatives with a combined financial outlay of about Rs 8.7 lakh…
Union Cabinet approves key changes to IBC and Companies Act 2013
The Union Cabinet on Tuesday gave its approval to amendments in the Insolvency and Bankruptcy Code (IBC) as well as the Companies Act, 2013, according…
Govt eases FDI norms for China, other countries sharing land border with India: Sources
The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said…
Shipping cos, vessel operators told to refrain from predatory pricing amid West Asia conflict
Mumbai: Shipping sector regulator Directorate General of Shipping has advised shipping companies, vessel operators and agents to refrain from “predatory, non-transparent and opportunistic pricing” practices…
East Coast Road (ECR): How Chennai’s coastal stretch is turning into a growth hub
Over the last several years, East Coast Road (ECR) has evolved from being a mere picturesque coastal route to emerging as a prominent residential destination…
FTAs, strong domestic demand boost MSME prospects: Jitin Prasada
New Delhi: The free trade agreements (FTA) signed by India and the strong domestic consumption market offer significant opportunities for micro, small and medium enterprises…
India must tap FTA opportunities: Piyush Goyal
New Delhi: India must seize market opportunities created by the free trade agreements (FTAs) it has signed so far, said Piyush Goyal, commerce and industry…
FinMin advises banks to speed up IBC resolutions
The finance ministry has advised banks to take a collaborative approach in the resolution of pending Insolvency and Bankruptcy Cases (IBC) for asset value maximisation,…
Govt exceeds disinvestment target, boosts revenue with strong dividend collections
The government’s combined disinvestment and asset monetisation receipts have reached ₹34,400 crore so far this fiscal year, surpassing the revised estimate of ₹33,847 crore, according…