Economy

Truss-Goyal set to remove trade barriers The UK and Indian Governments will establish an Enhanced Trade Partnership, which is the first step on a roadmap to a UK-India free trade agreement (FTA). This was announced by the UK Secretary of...

Industry captains urged to make bold decisions SEBI Chairman Ajay Tyagi has called for an increase in the participation of new retail investors in the capital market, citing the huge surge in participation of retail investors in the equity market...

Dr Subramanian sees AI, ML and data analytics in banks Implementation of Fintech can help public sector banks to leapfrog as it can provide scale and improve the quality of lending, especially to large corporates, said Dr Krishnamurthy Subramanian, the...

Online grocery to drive e-commerce growth The Reliance Industries, which has been winning top-level investments from the United States-based tech leaders, is expected to take as much as 50% of the projected e-commerce business in India which is projected to...

Indians prefer oil-linked contracts India’s new #deepwater gas production could be under pressure from low spot LNG prices which are expected to persist until 2022, said Wood Mackenzie. Deepwater is expected to drive India’s gas production growth, adding over one...

Joint Economic Commission on the Anvil The French Government is aiming to quickly materialise a Fast Track Agreement and hopes to hold a Joint Economic Commission between India and France at the earliest possible after the pandemic. Stating this, Franck...

Recovery interrupted by localized lockdown ICRA has sharply revised its forecast for the contraction in Indian GDP in FY2021 (at constant 2011-12 prices), to 9.5% from its earlier assessment of 5.0%, with the climbing Covid-19 infections resulting in a spate...

Vendors urged to focus on growth Technavio says the agricultural machinery market in India is poised to grow by US$3.73 billion during 2020-24, progressing at a CAGR of over 8% during the forecast period post-COVID-19. The market is fragmented, and...

Survey numbers as to expectations Green shoots of recovery are being seen following the unlocking of economy and implementation of the government-sanctioned economic packages, according to a FICCI-Dhruva Advisors Industry Survey: ‘Rebooting the Indian Economy’. But the survey emphasized that...

Thai group’s o2o strategy LOTS Wholesale Solutions of Thailand’s Charoen Pokphand Group has identified the challenges and adopted the reverse supply chain model, especially during India’s lockdown by reaching out to kirana shops, especially in Delhi NCR. The supply chain...