Economy

Sakthivel says July exports highest in nine years The export sector has demonstrated its strength and resilience with a sustained growth in July shipments of about 48% valued at US$35.17 billion over FY’ 2020-21 and by 34% over FY’ 2019-20,...

Disinvestment is on track, says Pandey The Chief Economic Adviser (CEA) in Finance Ministry Dr KV Subramanian expects 6.5-7% growth in FY-23 and 8% thereafter, driven by investments and increased productivity from privatisation. "(With) the combination of rise in investment...

Goyal calls for investment in technology for improvement in the logistics sector A lot of work is happening in the infrastructure development while some process reforms have taken place in the past few years which should support the draft National...

Al Moulani highlights advantage of Bahrain FTAs for Indian businesses Bilateral trade between India and Bahrain could spike by as much as US$200 million as economies reopen following months of logistical challenges and supply chain pressures, Dr. Ali Al Moulani,...

SEBI will focus on strengthening the robustness of capital markets, assures Tyagi The capital markets are going to play a bigger role in funding the economic growth and a large part of the non-banking financial intermediation is happening through the...

Several taxation related measures extended, says Rane The Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic. Minister for Micro, Small...

Questions relating to cryptocurrencies must be addressed, says Subramanian Blockchain is a promising technology and future of all transactions as its inherent architecture safeguards information and promotes trust, according to Prof Sunil Aggarwal, Dean, Blockchain Programs, IIIT Hyderabad. While giving...

India offers an incredible opportunity, says Agarwal Italian super sports car maker Lamborghini is already witnessing over 20% growth in its Indian business in 2021 as compared to 2019, its best-ever performance in the country when it sold a total...

Engineering goods export grew 52.4% in June India's economic recovery will be likely led by exports especially from MSMEs while six out of the 10 lead economic and business indicators of Quick Economic Trends have shown uptrend in the growth...

Housing portfolio is likely to remain largely resilient, says ICRA survey A recent ICRA survey of over 65 non-banks finance companies, constituting ~60% of the industry AUM, concluded that their growth expectations have moderated vis-à-vis the expectations six months earlier....