Economy

ASSOCHAM expects better 4Q The positive albeit marginal growth reported in the third quarter of 2020-21 is indeed encouraging and marks a significant turnaround into the Indian economy returning to a positive trajectory after sharp drops in the first two...

Tax incentives to propel housing demand ICRA Limited has changed its outlook to stable on some Indian sectors such as auto and textiles on expectations of a swift demand recovery, reconsidering from negative outlook previously. This follows ICRA's associate Moody's...

Modi announces increase in economic resources Innovation has to be encouraged and more technology should be used to provide better opportunities for education and skills, Prime Minister Narendra Modi has told the 6th Governing Council Meeting of NITI Aayog through...

EU updates India on European economic challenges The India-European Union relationship has evolved into a multifaceted partnership, covering all dimensions–political, economic, security, trade and investment, environment, research and innovation. "The EU is one of our largest trading partners, one of...

GIFT City-SGX to boost investment in India Commerce and Industry Minister Piyush Goyal believes that the new regional order that will emerge, post-COVID-19 pandemic, will rest on the strong shoulders of Singapore and India. Delivering keynote address at India-Singapore CEO...

But more contagious COVID-19 variants is a concern India is on track for an economic recovery in the fiscal year ending March 2022, supported by good agriculture performance, a flattening of the COVID-19 infection curve, and a pickup in government...

Biden's Iran policy will help Indian exports President Joe Biden may revive the Trans Pacific Partnership and ask India to join the multi-lateral trade grouping which would exclude China, believes the Federation of Indian Export Organizations (FIEO). Biden may also...

Ministers committed to remove market access barriers India and the United Kingdom have agreed to launch later this year the Enhanced Trade Partnership (ETP) which is a part of the development of a roadmap that would lead to a potential...

25-30 Indians are migrating to Indian cities every minute Pune is among the fastest-growing cities in India and even the COVID-19 pandemic, which is now getting under control in India, has not changed this fact. But it was missed out...

NBFCs-HFCs securitised Rs.24,000cr in Q3 FY2021 Ever since the sharp fall in domestic securitisation volumes seen in Q1 FY2021, the securitisation market has been on a path of revival on a sequential basis, according to ICRA Ltd. Investors and originators...