Trustworthiness, decisive leadership has led to India's growth: Piyush Goyal

Suggestions on importance of diversification and expansion to advanced economies like Japan for textiles was a welcome step and the ministry will support this endeavour, the Union minister said.

published on : 26th June 2022

Lessons for sustainable economy

A cooperative set up in Changlang district has helped 500 Tibetan families living in Miao to become self-reliant with help from the district administration, writes Prasanta Mazumdar

published on : 26th June 2022

India to become USD 30 trillion economy very soon: Union Minister Piyush Goyal

Goyal emphasised that the Centre is promoting both cotton and man-made textile sector so that it gets larger share of world market.

published on : 26th June 2022

Pakistan PM Sharif announces 10 per cent 'super tax' on large-scale industries 

Shehbaz Sharif on Thursday had warned that the country may witness more difficult times as it struggles to steer itself out of the ongoing economic crisis.

published on : 24th June 2022

Indian economy to grow by 7-7.8 per cent in FY23 despite global headwinds: Experts

India's economy grew 8.7 per cent in the last fiscal (2021-22) against a 6.6 per cent contraction in the previous year.

published on : 23rd June 2022

Sri Lanka's economy has 'completely collapsed': Wickremesinghe 

For Sri Lanka, the Prime Minister said, the only safe option now is to hold discussions with the International Monetary Fund.

published on : 22nd June 2022

Expecting 7.5 per cent economic growth rate in 2022: PM Modi at BRICS virtual meet

"We are expecting a 7.5-per cent growth rate this year that will make us the fastest-growing major economy," Modi said in his address.

published on : 22nd June 2022

House panel for backing Sri Lanka in hour of crisis

Ministers of State for External Affairs V Muraleedharan, Meenakshi Lekhi and Rajkumar Ranjan Singh also attended the meeting.

published on : 19th June 2022

Finance Minister may urge bankers to approve loans for productive sectors during meet on June 20

Nirmala Sitharaman is scheduled to meet heads of public sector banks on June 20 and is expected to take a stock of credit growth, asset quality and plan revival of the economy, sources said. 

published on : 17th June 2022

Tighter monetary policy would have been disastrous to economy: RBI governor

Shakikanta Das said the RBI's tolerance toward high inflation during the pandemic was a necessity and the central bank stands by its decision.

published on : 17th June 2022

Biden says US recession is 'not inevitable'

The president emphasized the battered economy that he inherited and the lingering psychological scars caused by a pandemic that disrupted people's sense of identity.

published on : 17th June 2022

India better placed to avoid stagflation risk: RBI report

The RBI also takes heart from the fact that inflation in May has recorded a fall after seven months of continuous rise.

published on : 17th June 2022

Wall Street rallies in relief after Fed's assurance on rates

The S&P 500 climbed 54.51, or 1.5%, to 3,789.99 after whipping through roller-coaster trading immediately following the Fed's latest move to fight inflation.

published on : 16th June 2022

US Federal Reserve attacks inflation with its largest rate hike since 1994

Fed officials forecast unemployment ticking up this year and next, reaching 4.1% in 2024 — a level that some economists said would risk a recession.

published on : 16th June 2022

Gig economy expands in Tier 2, Tier 3 cities

Amid rising attrition and challenge, many IT companies are reportedly planning on opening centres in small towns.

published on : 16th June 2022
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