Economy

Liquidity Facility of Rs.50,000cr to ramp up COVID-related health infrastructure and services. The Reserve Bank of India's (RBI) assertion to "stand in battle readiness" and take "unconventional" measures to deal with the raging second wave of coronavirus, along with a...

Roadmap 2030 for Comprehensive Strategic Partnership India and the United Kingdom have launched an ‘Enhanced Trade Partnership’ (ETP) to unleash the trade potential between the 5th and 6th largest economies of the world and by setting an ambitious target of...

Industry has reposed its faith in India’s progress Nineteen companies are expected to expand their manufacturing operations in a significant manner and grow into national champion companies in IT Hardware production, have filed their application under the Government initiated Production...

Asset quality pressures for the micro finance industry to continue The rapidly rising Covid-19 infections for the last few weeks have put the country’s critical healthcare infrastructure under severe strain, Sachin Sachdeva, Vice President and Sector Head, Financial Sector Ratings,...

Kotak calls for re-design of workflow Many auto majors, such as Maruti Suzuki, Hero MotoCorp, JCB India, MG Motor, Honda Motocycle and Scooter India, have taken the lead halting production temporarily or advancing maintenance schedules in the interest of the...

Impressive growth reiterates FIEO's assessment of exporters' order booking position India's April exports yet again showed an impressive performance on the back of extremely good order booking position, starting the new fiscal on a positive note, FIEO President Sharad Kumar...

Six sectors face higher risk from second pandemic wave The continuing resurgence in Covid-19 cases and proliferation of localised restrictions could dampen the pace of recovery for the Indian corporate sector, cautioned ICRA Ltd. However, the percentage of the rated...

Banks witnessed highest POS growth of 23% Y-o-Y The Indian microfinance industry portfolio have shown outstanding (POS) growth of 16% from Dec’19 to Dec’20, according to the eighth edition of “Microfinance Plus”, a quarterly publication by Small Industries Development Bank...

Some supply chains have been left vulnerable due to a range of factors Ministers from Australia, India and Japan held a virtual meeting on 27 April 2021 and launched the Supply Chain Resilience Initiative (SCRI) as Covid-19 had an unprecedented...

39 ships under construction at Indian shipyards India needs to create a stable and secure environment to sustain and growth its Blue Economy for the greater good of national, regional and global interests, Admiral G Ashok Kumar, Vice Chief of...