Economy

PerkinElmer supports Govt initiatives The Biotechnology Industry Research Assistance Council (BIRAC) and PerkinElmer have signed a Letter of Intent to promote India-led startups and innovators in the areas of biomedical, biotechnology and public health. They will work together on the...

Govt. incetivizing MSMEs The Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017, with financial outlay of Rs.3,000 crores upto March, 2020. The government will provide necessary allocations for remaining period of scheme after assessment before March...

Develop more tourist projects, says Gadkari Gadkari cutting ribbon to inaugurate ferry service. Goa, one of India's most popular tourist states, has been assured of all funds for development of Sagarmala Projects as well as waterway links to hotels and...

Product R&D and marketing plans lined up Chargebee's Indian origin founders. Chargebee, a SaaS subscription management and recurring billing solution, has secured US$18 Million in growth capital, led by New York-based Insight Venture Partners. The Series C investment also saw...

PM seeks robust conflict resolution mechanism Modi (in white) with WTO members . Prime Minister Narendra Modi has reiterated India’s commitment to a rule-based multilateral trading system, based on the principles of inclusiveness and consensus. Speaking at the Informal World...

Rupee seen at 67 to US dollar The outlook for India government bonds remains challenging but some value may be emerging after the sharp sell-off over the past six months, according to a Singapore bank. In addition to renewed supply...

Jawahar Vadivelu takes over as ICCI President Chairman of the Economic Advisory Council to the Prime Minister and Member NITI Aayog Dr. Bibek Debroy said India’s trade prospects will depend on the efforts being made to improve logistics, integrate investments...

Support sort for Start-ups and innovations FICCI-Russian during bilateral trade talks in New Delhi on 19 Mar 2018. Russian Deputy Minister for Economic Development, Alexey Gruzdev, has called for innovative business strategies to raise Russia-India trade to US$30 billion by...

100 Taiwanese companies to join CDC park Taiwan's Century Development Corporation (CDC) has finalised plans to develop an industrial park on a 70-acre site near Aerospace park in Bengaluru. It has leased land from Karnataka Industrial Area Development Board at...

Feb post nominal export growth Indian exporters are worried about the big decelerating trend in export growth, saying it would impact the economy as a whole. The exports data for February, 2018 are not encouraging, said Ganesh Kumar Gupta, President...