Economy

Jet Airways' deploys Boeing 777-300ER Jet Airways, India’s premier international airline, will deploy the Boeing 777-300 ER, the largest aircraft in its fleet, on the Singapore-Mumbai route resulting in a 50% capacity increase on this key sector. With effect from...

Garments seek EU FTA Minister Irani meeting FICCI president Harshavardhan Neotia. Textiles Minister Smriti Zubin Irani has received a request from Indian garment exporters for a greater access to markets in the European Union through a Free Trade Agreement (FTA)...

Consumer driven demand, says DBS The Indian economy expanded 7.6% YoY in FY15/16 (Apr-Mar) from 7.3% the year before. Despite the improvement, recovery was uneven. On the positive side, growth was driven by consumption spending (primarily urban demand) and public...

Pursue FTA with UK A Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI) brings to the fore the concerns of India Inc. over the possible near term impact of ‘Brexit’ on Indian business and the economy, but...

Views: “Brexit: Penny wise, Pound Foolish! Source: YES Bank. The massively adverse fallout in global markets against the backdrop of Brexit is testament to the ‘Penny Wise, Pound Foolish’ nature of the move, says YES Bank chief executive officer Rana...

Bullish direct selling industry The direct selling industry in India is currently reckoned at INR 75 billion, one of the fastest growing non-store retail formats, recording double digit growth of more than 16 per cent over the past four years....

India can expect UK-FTA Source: India Inc. India is likely to increase its trade into the United Kingdom, which is expected to accelerate bilateral trade agreements with trading partners to offset the impact of any loss of business following its...

Auto components growth projection India’s auto component market is expected to grow at a CAGR of more than 19 per cent during 2016-2020, said London-based consultancy Technavio in a research report “Auto Component Market in India 2016-2020”. The report categorizes...

Smart City Mission launched Modi delivering his address at the launch of the projects, SMART CITIES MISSION, in Pune on June 25, 2016. Prime Minister Narendra Modi has launched the flagship Smart City Mission into implementation mode with launch of...

India benefits from Brexit Source: YES Bank India could benefit from Brexit and delay in hike in the US interest rate over the next six months, YES Bank Chief Executive Officer Rana Kapoor has said. "In the next 1-6 months,...