Economy

IC-IMPACTS need new collaboration and networking Projects implemented under the India-Canada IC-IMPACTS partnership have directly resulted in seven start-ups and the creation of many jobs for our young graduates. This update was given by Prof. Nemy Banthia, Scientific Director and...

Q1’FY21: a washout for India Inc In an otherwise bleak economic environment, the rural recovery has emerged as a bright spot supported by two healthy crop cycles, the timely onset of monsoons, healthy reservoir levels and expectations of a healthy...

Additional Rs.5,000cr welcomed for HFC-NABARD The ASSOCHAM expects the K.V. Kamath Committee to come up with liberal financial parameters and benchmarks for loan revamp eligibility. FICCI also welcomed steps announced towards resolution of loans in the monetary policy by announcing...

Economy: a ground situation not promising The ASSOCHAM has called for the rescheduling of bank loans across the board without making it rigid and conditional, urging the Reserve Bank of India (RBI) to eschew any rigid restructuring exercise. "There is...

Sitharaman addresses MSME loan concerns The government is working with the Reserve Bank of India (RBI) on the Industry’s need for the restructuring of loans due to the COVID-19 impact, Finance and Corporate Affairs Nirmala Sitharaman announced while addressing the...

Soft launch of land bank India’s #exports and #imports have recovered from the pandemic impact to 88% and 75% of last year’s levels, Commerce and Industry Minister Piyush Goyal said at the CII National Digital Conference on 30 July 2020....

Exports up 7% in six months, says Amb. Vanlalvawna The bilateral trade between India and Azerbaijan has been growing unhindered despite the global slowdown witnessed by the world, amid the Covid-19 pandemic, with the Indian exports growing by over 7%...

UKIBC-Gujarat MoU for industrial development Gujarat is one the most attractive investment destinations in India, most recently evidenced by HSBC announcing their expansion into GIFT - the Gujarat International Fin-Tech City, said Kevin McCole, Managing Director of the UK India...

A new economic growth model needed Domestic investors have been continuously investing and put in almost Rs.90,000 crores back in the stock markets in the past few months though, creating a lot of enthusiasm and optimism which is leading to...

Ministerial meetings to intensify dialogue India and the United Kingdom have affirmed shared commitment to a Free Trade Agreement and towards that, Early Harvest deals in a staged manner following a virtual 14th Joint Economic and Trade Committee meeting held...