Economy

Financial-Technology supports needed for COVID-19 hit economies India will study US President Joe Biden`s global infrastructure initiative proposal the US$40 trillion 'Build Back Better' which was announced at the G7 summit as an alternative to China`s economically-driven Belt and Road...

Aggarwal: need to fuel the drivers of household consumption and private investments Excellent triple-digit growth at 134.4% posted by the Index of Industrial Production (IIP) in April 2021 after a double digit growth at 24.1% in March 2021 is highly...

Funds are increasingly relying on outsourcing work, says Weinstein FinServ Consulting, a leading technology consulting firm serving alternative asset managers, global banks, and their service providers from New York, has opened office in Mumbai to support its core consulting business...

Kulshrestha says hiring competition to intensify alongside recovery While the COVID-19 pandemic continues to impact hiring and recruitment trends across India, sustained demand for skilled talent is expected from the healthcare and technology sectors that have surged to the forefront...

Quality locations are part of retail brands' expansion strategy In a calibrated post-pandemic move, leading retail brands across categories are zeroing in on high street markets for expansion across India. Between April 2020 and May 2021, some of these brands...

World Bank cautions on consumer confidence The renewed outbreak of COVID-19 may require further targeted policy support to address the health and economic costs though the Indian government's fiscal policy shifted in the FY 2021/22 budget toward higher expenditure targeted...

Additional liquidity extended to SIDBI is among significant steps for MSMEs The decision of the RBI Monetary Policy Committee to stay on course with the accommodative stance with a focus on the 'equitable distribution' of liquidity sends an important message...

Kant wants youth to be increasingly involved in decision making process Raising investment levels will be crucial to India's growth story in the future, said NITI Aayog CEO Amitabh Kant, while emphasising that India has an opportunity to usher in...

Central Bank likely to maintain focus on yield curve management FIEO President Sharad Kumar Saraf said that status quo in the key rates by RBI on 4 June 2021 was a decision widely expected as it looked into the need...

Service exports estimated for May are $17.85bn India’s export performance continues to be impressive, with provisional data of merchandise exports in May 2021 showing a significant growth of 67.39 per cent over May 2020 level and 7.93 per cent over...