Economy

The Indian industry has congratulated Prime Minister Narendra Modi on his landslide win from the 2019 General Election on 23 May 2019 with a call for more reform in critical areas like land and labour laws.

The agenda for the new government should include elimination of government intervention in agriculture sector, reforming labour laws and lowering the cost of capital through reduction in interest rate and corporate tax, said Economist and author Dr Surjit Bhalla.

Subdued sentiments in the domestic credit markets is likely to take precedence for the Reserve Bank of India (RBI), said Singapore’s DBS Group in comments on India in its daily market report on 23 May 2019.

India is open to sharing its economic prosperity and business opportunities with the world as builds a US$5 trillion economy by 2025 through massive industrialization and infrastructure developments.

Nomura Research Institute Financial Technologies India Pvt. Ltd. (NRI FT India) has partnered with Digital Asset to create innovative capital markets applications using DAML, the open source smart contract language created by Digital Asset to synchronize business processes and make...

India is now the verge of a trillion-dollar digital economy but needs financial support to develop the infrastructure across the country.

A Government-constituted High-Level Committee (HLC) has looked into merger, acquisition and consolidation of Oil & Gas PSUs and the Joint Ventures.

Reform agenda will turn more inclusive, alongside fine-tuning initiatives that have already been undertaken, if Prime Minister Narendra Modi-led coalition government returns to power as indicated by exit polls after voting ended for the general election on 19 May 2019.

The Vice President, M. Venkaiah Naidu, has said that India has emerged as an attractive destination for global investors and asked educational institutions to maintain high standards and foster academic excellence.

Ausdia, the leading provider of design constraints and verification solutions that complement timing signoff for complex system-on-chip (SoC) designs from Sunnyvale, has expanded its regional offices in India to support increasing customer demand for the company’s flagship product TimevisionTM.