Economy

Saraf sees benefits from the gradual opening of global markets Exports continue to perform impressively for third month in a row on back of good order booking and gradual opening of key global markets, FIEO President Sharad Kumar Saraf said...

Business Confidence Survey reports sharp deterioration in the optimism India's economy grew by 1.6% in the fourth quarter of 2020-21 though it contracted by 7.3% for the full financial year while the second wave of COVID-19 infection has impacted prospects...

Genome sequencing is very important in the age of pandemic, says Kant Dignitaries have underscored the necessity of focusing on sunrise sectors for future growth and development in a post-COVID world, and this only science and technology will be able...

Pandemic: demand for high ticket-sized loans decreased Seventy-three percent of Credit Managers are likely to change lending strategies for unsecured portfolio post-pandemic, according to a report by Atlanta-headquartered Equifax Inc. (NYSE:EFX), a data, analytics, and technology company, and PwC India....

Aggarwal calls for effective policy measures On the basis of recent movement of PHDCCI Economic & Business Momentum (EBM) Index, the PHD Chamber projects more than 1% growth rate of GDP in Q4 FY 2020-21 and overall GDP growth of...

PHDCCI happy that CPI inflation has come down Double digit growth at 22.4% in the Index of Industrial Production (IIP) for the month of March 2021 is inspiring and indicate that economic recovery in the month of March 2021 was...

Report focus on robust transit systems for smart cities India is seeing an increasing digitization of financial services, with consumers shifting from cash to cards, wallets, apps, and UPI, Dr Rajiv Kumar, Vice Chairman, NITI Aayog, said at the launch...

Over 6,000 European companies operates in India Portugal Prime Minister Antonio Costa said the relaunch of India-EU will open up new areas of cooperations for both sides, bilateral trade having risen 72% in the last decade and investments doubled. He...

IGST rate for commercial imports of oxygen concentrators reduced to 12% The Ministry of Commerce and Industry has allowed import of oxygen concentrators for personal use through post, courier or e-commerce portals under the gift category. The exemption for oxygen...

Fitch Solutions sees revenue shortfall International rating agency Fitch Solutions has forecast the Indian central government deficit at 8.3% of GDP in FY22, breaching its target mainly due to revenue shortfall. "Revenue shortfall remains the main driver of our wider...