Economy

S&P Global Ratings has issued a cautious note on the Indian government’s increasing involvement in affairs of the central bank, saying it could undermine the hard-fought improvements in the banking system over the past few years.

The landscape of food service retail industry is changing with forecast to have 77 billion transactions in 2022, up by an impressive 28.5% over 2017.

President Ram Nath Kovind laid the foundation stone of the Kevadia Railway Station in Gujarat’s Narmada district, saying it would be the first green building on the line.

Keep India's stance firm in the context of tariff duties imposed by the US on certain Indian goods so as to send a strong message, Anand Sharma, Deputy Leader of Opposition in Rajya Sabha, has told the country's business leaders.

The 'Digital India' programme, politics-neutral, centre-state-neutral and ideology-neutral, had resulted in large-scale technology adoption, leading India to be a trillion-dollar digital economy in the next two to three years.

A critical driver for higher growth was competitiveness and the proposed new industrial policy aims to achieve this objective for India, said Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP).

Austrian-Russian companies will be helping out with cable cars and airboats for travelling across hilly areas and over rivers, said Nitin Gadkari, Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation.

Crisis created by the Non-Banking Financial Institution or Company (NBFC) is going to hold India’s real estate sector at gun-point in 2019, as it did in 2018, a year of veritable roller-coaster ride.

More than 50 Projects with an investment of over Rs.10,000 crore, adding 90 MTPA capacity, are targeted for award during 2018-19 by the Jawaharlal Nehru Port Trust (JNPT), said the Ministry of Shipping.

The Government has infused Rs.88,139 crore in Public Sector Banks (PSBs) during financial year (FY) 2017-18 as part of recapitalisation of Rs.2.11 lakh crore announced in October 2017.